TELECOM Digest OnLine - Sorted: BellSouth Laying Off 1500 Managers, Other Staff


BellSouth Laying Off 1500 Managers, Other Staff


Reuters News Wire (reuters@telecom-digest.org)
Fri, 16 Dec 2005 00:28:07 -0600

BellSouth Corp. the third largest U.S. phone company, said on Thursday
that it plans to eliminate 1,500 management positions and other jobs
across the company, resulting in after-tax charges of $95 million. Quite
a few of these will occur in the New Orleans offices of the company.

In a statement, the Atlanta-based company said it plans to recognize
about $50 million of the charges during the current fourth quarter.

The reductions will take place in supervisory and non-supervisory
management positions, including staff support functions. Most of the
reductions are expected to occur through the acceptance of voluntary
severance packages and are to be completed by April 30, 2006,
BellSouth said.

"We have worked hard to avoid it, but many companies our size and
particularly our competitors operate with lower overhead and fewer
management layers," BellSouth Chairman and Chief Executive Officer
Duane Ackerman said in the statement.

Copyright 2005 Reuters Limited.

NOTE: For more telecom/internet/networking/computer news from the
daily media, check out our feature 'Telecom Digest Extra' each day at
http://telecom-digest.org/td-extra/more-news.html . Hundreds of new
articles daily. And, discuss this and other topics in our forum at
http://telecom-digest.org/forum (or) http://telecom-digest.org/chat/index.html

[TELECOM Digest Editor's Note: It certainly makes for a very Merry
Christmas for the employees of the company, doesn't it ... PAT]

Post Followup Article Use your browser's quoting feature to quote article into reply
Go to Next message: Robert Boczkiewicz: "Qwest CEO Getting Indicted"
Go to Previous message: John McHarry: "Re: HSI and Diverted 1-800-CALL-ATT?"
TELECOM Digest: Home Page