SBC Cuts Jobs
By: Import User
Updated: January 7, 2009
SBC Communications will cut jobs and reduce
capital spending in response to lower demand for its core local
telephone business.
SBC chairman Edward Whitacre Junior made the announcement
yesterday at an investment banking conference in Boston.
He isn`t giving details about the number or timing of layoffs by
San Antonio-based SBC.
An SBC spokesman tells the Fort Worth Star-Telegram that the
layoffs would be companywide and include cuts in call centers and
network centers.
SBC plans to add jobs in sales and marketing.
The company has about 175-thousand employees.
SBC includes Arkansas in its territory. It continues to lose
local phone access lines because of increased competition from
local and long-distance carriers.
