NEW YORK AP-AT
December 04, 2008 at 12:00 AM
1 minute read
NEW YORK AP-AT&T Inc. joined the recession’s parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of its work force.
The Dallas-based telecommunications company – the nation’s largest – said the job cuts will take place in December and throughout 2009. The company also plans to reduce capital spending next year.
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