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Report: AT&T plans layoffs despite claiming tax cut would create 7,000 jobs

Wednesday January 9, 2019. 08:32 PM , from Ars Technica
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AT&T is reportedly planning a significant round of layoffs, despite receiving a large tax break and various regulatory favors such as the repeal of net neutrality rules.
Motherboard reported the pending layoffs yesterday, saying it obtained the information from AT&T internal documents and an anonymous AT&T source.
'A source at AT&T who asked to remain anonymous because they were not authorized to speak publicly told Motherboard that company leadership is planning what it's calling a 'geographic rationalization' and employment 'surplus' reduction that will consolidate some aspects of AT&T operations in 10 major operational hubs in New York, California, Texas, New Jersey, Washington State, Colorado, Georgia, Illinois, Missouri, and Washington, DC,' the news site reported.
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https://arstechnica.com/?p=1438773
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