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AT&T Hacks 12,000 Jobs

The telecom says its mobile and broadband divisions are continuing to grow

By the Associated Press

Posted Dec 4, 2008 8:10 AM CST

(AP) – AT&T is cutting 12,000 jobs, or 4% of its workforce, mostly in the landline segment that has lost market share to cell phones, cable operators, and Internet calling options, reports the AP. AT&T, which has cut more than 25,000 jobs so...   Read full story »

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