AT&T to cut 3,400 jobs in next few weeks - CWA
AT&T plans to cut 3,400 technician and clerical jobs in the coming weeks, according to the Communications Workers of America (CWA).
In addition, the carrier intends to permanently shutter more than 250 AT&T Mobility and Cricket Wireless stores. Fierce Wireless reported earlier this week on an unspecified number of AT&T and Cricket store closures.
In regards to the layoffs, AT&T in a statement emailed to Fierce Wireless said: “These actions align with our focus on growth areas along with lower customer demand for some legacy products and the economic impact and changed customer behaviors resulting from the COVID-19 pandemic. As a result, there will be targeted, but sizable reductions in our workforce across executives, managers and union-represented employees, consistent with our previously announced transformation initiative.”
AT&T has been pursuing a $6 billion cost-cutting initiative, which COO John Stankey in early March, before the pandemic ramped up, said included near-term targets of headcount rationalization and benefit restructuring.
https://www.fiercewireless.com/operators/at-t-to-cut-3-400-jobs-next-few-weeks-cwa?mkt_tok=eyJpIjoiTjJRMk1XWm1OR1UyWkRsaCIsInQiOiIzbHVqc3ljTjYzUGh2WTFFZlpaVEpDSGdTOWdxdURETURQNXVFelJmYXAyXC9pTm0xc1BuNDFVSXA3aWxGeE5QeW9oSTF5UU0xUnYrTlJRNkRiaFwvSGUxRHg1NzBvXC9RRFJTZDVVM2Q1cmhYWU92RHU0OXpNQVlWUWgxUmF6WnM2dCJ9&mrkid=8465628