AT&T laying off 4,600 employees

Posted by Joshua Karp on Apr 18, 2008 3:32 pm 8 comments

Filed in AT&T, News

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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8 comment(s) for this post.

On Apr 19, 2008 @ 10:25 am, Brandon Barend Said:

SHITTY!

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On Apr 19, 2008 @ 5:46 pm, Parrot B Said:

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

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On Apr 19, 2008 @ 6:36 pm, Galvatron Said:

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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On Apr 19, 2008 @ 10:29 pm, The Jackal Said:

I think Galvatron does it on purpose…

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On Apr 20, 2008 @ 9:01 am, matt Said:

Can you say http://www.t-mobile.com/jobs
Hehe

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On Apr 20, 2008 @ 2:26 pm, Charlesa Said:

AT&T.
Your Pink Slip. Delivered.

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On Apr 20, 2008 @ 6:39 pm, MisRemembered Said:

Someone should lay off Galvatron

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On Apr 20, 2008 @ 10:36 pm, The Jackal Said:

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

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