Feeds

AT&T will slash 12,000 from workforce

Telco cuts off 4% of workers

Business security measures using SSL

AT&T is laying off 12,000 staff and putting the blame on the economy and "a changing business mix".

The cuts amount to roughly four per cent of the US telecoms giant's total workforce.

The telco said it was moving to a more streamlined structure and would cut capital expenditure in 2009 - it is finalising budgets now and will give more details when it posts final results in January.

The redundancies will cost $600m in severance and related charges. The company said many non-management staff were protected by union contracts - all staff will get severance payments in line with union or other agreements.

Although the overall headcount is falling, AT&T said it was still hiring in some areas - wireless, video and broadband - where consumer demand remained strong.

The full statement is here.

Last month AT&T announced new customers in Reno, Nevada would be subject to bandwidth caps, after which they will face additional charges. ®

Security and trust: The backbone of doing business over the internet

More from The Register

next story
Brit telcos warn Scots that voting Yes could lead to HEFTY bills
BT and Co: Independence vote likely to mean 'increased costs'
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
ISPs' post-net-neutrality world is built on 'bribes' says Tim Berners-Lee
Father of the worldwide web is extremely peeved over pay-per-packet-type plans
New 'Cosmos' browser surfs the net by TXT alone
No data plan? No WiFi? No worries ... except sluggish download speed
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Turnbull: NBN won't turn your town into Silicon Valley
'People have been brainwashed to believe that their world will be changed forever if they get FTTP'
Google+ GOING, GOING ... ? Newbie Gmailers no longer forced into mandatory ID slurp
Mountain View distances itself from lame 'network thingy'
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.