IN BRIEF (Page 17)
China Daily | Updated: 2008-12-05 07:52
AT&T to cut 12,000 jobs
AT&T Inc, the largest US phone company, will cut 12,000 jobs, striving to trim expenses as the US economy falters.
The reductions amount to about 4 percent of the workforce, Dallas-based AT&T said yesterday in a statement. The company plans to record $600 million in expenses for severance this quarter.
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