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Report: AT&T plans layoffs despite claiming tax cut would create 7,000 jobs

https://arstechnica.com/information-technology/2019/01/att-reportedly-plans-layoffs-despite-tax-cut-and-fcc-deregulation/
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Jan 9, 2019 2:32 PM 3+ mon ago

Report: AT&T plans layoffs despite claiming tax cut would create 7,000 jobs

AT&T is reportedly planning a significant round of layoffs, despite receiving a large tax break and various regulatory favors such as the repeal of net neutrality rules.

Motherboard reported the pending layoffs yesterday, saying it obtained the information from AT&T internal documents and an anonymous AT&T source.

"A source at AT&T who asked to remain anonymous because they were not authorized to speak publicly told Motherboard that company leadership is planning what it's calling a 'geographic rationalization' and employment 'surplus' reduction that will consolidate some aspects of AT&T operations in 10 major operational hubs in New York, California, Texas, New Jersey, Washington State, Colorado, Georgia, Illinois, Missouri, and Washington, DC," the news site reported.

AT&T expects to finalize specifics of the layoffs later this month, but it already briefed managers on the plan in an ...

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