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SBC Plans To Cut 10,000 Jobs
(old news - 08:11AM Saturday Nov 06 2004)
»money.cnn.com/2004/11/05/news/fo···cnn=yes

SBC Communications said Friday it plans to cut 10,000 jobs, or about 6 percent, of its workforce by December of 2005.


The layoffs will occur across the board, using attrition and involuntary cuts, Walt Sharp, spokesman for SBC, told CNNfn.

SBC, the nation's second-largest telecom company, said in a filing with U.S. market regulators it has cut about 7,000 jobs over the past year. It currently employs about 165,500 people.

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