Cingular To Cut Jobs By 10%
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The CEO of Cingular acknowledged earlier this week that it expects to cut up to 10 percent of its 68,000-person workforce in the next year and a half.
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Nortel Networks Corp. on Thursday said it would eliminate about 10 percent of its work force, slightly less than previously estimated, and consolidate real estate in a cost-cutting plan that will save $500 million in 2005.
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Dell also announced that it would lay off 10 percent of its work force over the next year in order to reduce costs.
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AT&amp;T Corp., the largest US long-distance telephone company, will eliminate 20 percent of its work force this year and write down $11.
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Cingular Wireless LLC, the nation's largest cell phone company, will cut about 10 percent of its 68,000 jobs over the next 12 to 18 months as it combines operations with the recently acquired AT&T Wireless, Cingular's chief executive said Tuesday.
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US telecoms giant AT& T has announced that it plans to cut its workforce by 20% this year, axing a further 7,000 jobs.
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Cingular Wireless, the nation&#39;s largest cellphone company, will cut about 10 percent of its 68,000 jobs over the next 12 to 18 months as it combines operations with the recently
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Cingular Wireless will cut close to 10% of its 68,000 jobs over the next 12 to 18 months as it combines operations with the recently acquired AT&amp;T Wireless, the chief executive of the nation&#39;s largest cell phone company said Tuesday in an
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The struggling chipmaker will eliminate around 10 percent of its workforce -- most cuts coming in management, marketing and IT -- as part of its biggest restructuring since the mid-1980s.
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Nortel Networks Corp. (NT.TO: Quote, Profile, Research) said on Thursday it will eliminate almost 10 percent of its workforce, slightly less than it previously expected, and
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SBC Communications says it may cut about 10,000 jobs by the end of next year, which would equal, 6% of its workforce. The cuts are a result of customers switching from regular phone lines to cellular and voice-over internet services.
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Cingular Wireless LLC&#39;s $41 billion buyout of rival AT&amp;T Wireless Services Inc., approved Tuesday by the Federal Communications Commission, is expected to give customers
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AT&T Corp.  will cut about 7,000 jobs and reduce the value of its assets by &#36;11.4 billion due to its retreat from traditional consumer telephone services, the company said on Thursday.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) said on Wednesday it would cut 6,000 to 7,000 jobs, or about 10 percent of its work force, over the next 18
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By JORDAN ROBERTSON, Associated Press writer  SAN JOSE, Calif.  Chip-maker Intel Corp. said Tuesday it will eliminate 10,500 jobs  about 10 percent of its work force  through layoffs, attrition and the sale of underperforming business groups as part of a massive restructuring.
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AT&amp;T Corp. will cut more than 20 percent of its workforce this year, ratcheting up its planned layoffs from a previously estimated target of 8 percent, the long-distance telecommunications carrier announced Thursday.
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AT&amp;T Corp., the largest US long- distance telephone company, will eliminate 20 percent of its workforce this year and write down $11.