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.
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