12,000 jobs cut at AT&T - KWWL - Eastern Iowa Breaking News, Weather, Closings

12,000 jobs cut at AT&T


NEW YORK (KWWL) -- AT&T says it is cutting 12,000 jobs.

That's about four percent of the work force, because of the economic downturn.

The Dallas-based telecommunications company said Thursday the job cuts will take place in December and throughout 2009.

The company also cited a changing business mix and a more streamlined structure as other reasons for the layoffs.

Online Executive Producer Nate Leding

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