At&T Announces Thousands Of Layoffs, Firings Just In Time For Christmas [telecom]

Have a question or want to start a discussion? Post it! No Registration Necessary.  Now with pictures!

Threaded View
By Carlos Ballesteros

AT&T plans to lay off and fire more than a thousand workers starting
early next year, according to local reports.

Across the Midwest, an estimated 600 workers were notified they were
being laid off by the company on December 16, a week before AT&T
announced it was doling out $1,000 bonuses to 200,000 of its employees
in celebration of the Republican Party's tax overhaul.

http://www.newsweek.com/christmas-att-layoffs-midwest-bonuses-trump-758391

--  
Bill Horne
(Remove QRM from my email address to write to me directly)

Re: At&T Announces Thousands Of Layoffs, Firings Just In Time For Christmas [telecom]

Quoted text here. Click to load it

"How can you lay people off and then give them $1,000 and say that  
there's going to be more jobs available?" Joseph Bianco, president of  
Local 6360 CWA in Kansas City, told Fox 4 on Thursday.

That seems pretty easy to answer: AT&T is a big conglomerate with many  
different businesses and services. They were overweight in services that  
are in decline, like landlines that they're phasing out. Meanwhile,  
other services are growing.

It seems like Bianco is just playing to people's emotions, rather than  
thinking of it logically like a businessman.

--  
Barry Margolin, barmar@alum.mit.edu
Arlington, MA
*** PLEASE post questions in newsgroups, not directly to me ***

Site Timeline