Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Eugene

(61,593 posts)
Tue Jun 16, 2020, 03:50 PM Jun 2020

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 = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
AT&T plans to cut thousands of jobs, close stores, company tells union (Original Post) Eugene Jun 2020 OP
Good thing all that stimulus money and tax cuts went to the right people... AZ8theist Jun 2020 #1
Latest Discussions»Issue Forums»Economy»AT&T plans to cut thousan...