AT&T reportedly plans layoffs despite tax cut and FCC deregulation

Enlarge (credit: Getty Images | SOPA Images) 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. Read 14 remaining paragraphs | Comments Source: http://bit.ly/2HdQlEK Droolin’ Dog sniffed out this story and shared it with you. The Article Was Written/Published By: Jon Brodkin ! #Headlines, #BusinessNews, #Employment, #FCC, #Internet, #Jobs, #Money, #TechNews, #News, #Newsfeed http://bit.ly/2D0qHiL
source: https://droolindognews.blogspot.com/2019/01/at-reportedly-plans-layoffs-despite-tax.html