HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » AT&T plans to cut thousan...

Tue Jun 16, 2020, 03:50 PM

AT&T plans to cut thousands of jobs, close stores, company tells union

Source: Reuters

BUSINESS NEWS JUNE 16, 2020 / 2:54 PM / UPDATED 18 MINUTES AGO

AT&T plans to cut thousands of jobs, close stores, company tells union

(Reuters) - AT&T Inc (T.N) plans to cut more than 3,400 technician and clerical jobs across the country over the next few weeks, the wireless carrier told its main labor union, the Communications Workers of America, on Tuesday.

The U.S. telecom and media giant also plans to permanently close over 250 stores, which would impact about 1,300 retail jobs, the union said.

AT&T said in a statement that the novel coronavirus pandemic and lockdowns to curb the spread of infections have changed consumer behaviors.

“With more customers shopping online, we are closing some retail stores to reflect our customers’ shopping practices,” AT&T said. “While these plans are not new, they have been accelerated by the COVID-19 pandemic.”

The company said that most employees will be offered an alternative position within the company.

-snip-


Read more: https://www.reuters.com/article/us-at-t-layoffs/att-plans-to-cut-thousands-of-jobs-close-stores-company-tells-union-idUSKBN23N34I

1 replies, 601 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 1 replies Author Time Post
Reply AT&T plans to cut thousands of jobs, close stores, company tells union (Original post)
Eugene Jun 16 OP
AZ8theist Jun 16 #1

Response to Eugene (Original post)

Tue Jun 16, 2020, 06:21 PM

1. Good thing all that stimulus money and tax cuts went to the right people...

Executives.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread