AT&T laying off 4,600 employees

 

It looks like upper level executives aren’t the only vulnerable ones over at AT&T. The company announced today that it will be laying off 1.5% of its workforce, amounting to about 4,600 individual workers. AT&T has already begun the process, and is currently notifying the affected employees. The company gave no indication about the specific motivations behind the severance notices, but general economic malaise, combined with declining phone prices and increased network deployment costs seem to be to blame. AT&T is claiming that additional hiring planned for the remainder of the year should keep their headcount steady by the end of 2008, but that’s little solace to the thousands who are set to lose their monthly paycheck.

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9 Responses to “AT&T laying off 4,600 employees”

  1. 1
    Brandon Barend says:

    SHITTY!

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  2. 2
    Parrot B says:

    LAME!!!!! Its been so slow in the stores

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  3. 3
    Galvatron says:

    the price they pay for argingh rates loosing subscribers The old gaurd had it coming this isalso wht happens when companys merge to much as wel

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  4. 4
    The Jackal says:

    I think Galvatron does it on purpose…

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  6. 6
    Charlesa says:

    AT&T.
    Your Pink Slip. Delivered.

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  7. 7
    MisRemembered says:

    Someone should lay off Galvatron

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  8. 8
    The Jackal says:

    No-someone should educate Galvatron(spelling and grammar in particular)

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  9. 9
    Betty Jasso says:

    T-Mobile is no better! They started laying off everything from Account Reps to Engineers to Techs to people at the Call Centers back in February 2008, yet they still manage to keep Event Reps who all they do is stand at locations like idiots for a couple of hours waiting for sales…go figure!!! The problem with T-Mobile is that there are too many stupid heads trying to make decisions at the same time.

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