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AT&T chops 3,500 staff, turns to Covad for DSL
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“AT&T Corp plans to lay off 3,500 staff, just under 5% of its workforce, in a move that will lead to a $240m restructuring charge in its fourth quarter. More than half the job cuts are in management, and AT&T said the move is the result of “improved processes and automation” in the provisioning and maintenance of services for business customers.”
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