Thread regarding AT&T layoffs

CWA puts the cumulative number of job cuts at 41,128 over the last nine quarters.

If cuts were spread evenly across all salary bands, that would imply about 10,000 layoffs, a much higher number of job losses than the CWA's figure.

Cuts of that magnitude would come as little surprise, however: AT&T slashed about 3,310 jobs in the first three months of the year its accounts show, and its workforce has continued to shrink by thousands every quarter for the last couple of years.

Data compiled by Light Reading shows staff numbers have fallen by around 35,500 since the end of 2017, when AT&T had about 280,000 employees including staff at Time Warner, the media giant it had agreed to buy in an $85 billion deal.

Excluding takeover activity, the CWA puts the cumulative number of job cuts at 41,128 over the last nine quarters.

A decision to cut about 4,700 technical, administrative and retail jobs would affect around 2% of AT&T's workforce at the end of March, when financial statements showed there were 244,490 employees at the firm.

The CWA reacted angrily in last night's statement. "If we are in a war to keep our economy going during this crisis, why is AT&T dismissing the troops?" said Chris Shelton, the CWA's president.

"AT&T could help lead the country toward recovery by partnering with its workforce to build next-generation networks. Instead the company is adding to the pain of the recession already underway."

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| 1376 views | | 6 replies (last June 17, 2020) | Reply
Post ID: @OP+15vNZNca

6 replies (most recent on top)

Too bad the troll doesn’t understand how business works. You don’t need people when you don’t have customers

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Post ID: @xsl+15vNZNca

I don't believe it, I don't know any managers or non managers that have been laid off. and they do very little.

Just because you haven't seen it personally doesn't mean it didn't happen. Have you ever seen a room with a million dollars in it? Yet a million dollars exists. Shesh... I know you're a troll that doesn't work here. ATT requires a min level of reasoning.

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Post ID: @qvh+15vNZNca

The irony is that the CWA backed the failed merger of T mobile, DTV and Time Warner mergers. In addition, went on record to support the Trump tax cut and accepted the $1,000 bonus bribe.

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Post ID: @fbj+15vNZNca

I don't believe it, I don't know any managers or non managers that have been laid off. and they do very little.

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Post ID: @oke+15vNZNca

" Extraordinary, juice like a strawberry
Money to burn baby, all of the time
Cut to fade is me, fade to cut is she
Come juggle with me, I say every time

Here comes the hot stepper, murderer
I'm the lyrical gangster, murderer
Dial emergency number, murderer
Still love you like that, murderer

Nah, na na na nah, it's how we do it man
Nah, na na na nah "

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Post ID: @znj+15vNZNca

Link :

https://www.lightreading.com/ai-automation/atandt-to-shed-4700-jobs-as-part-of-$6b-savings-plan-says-labor-union/d/d-id/761747

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Post ID: @beu+15vNZNca

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