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  • NBCU, Viacom, AT&T Announce Layoffs: MediaBytes with Shelly Palmer December 5, 2008

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  • MediaBytes with Shelly Palmer
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NBCU, Viacom, AT&T Announce Layoffs: MediaBytes with Shelly Palmer December 5, 2008

AT&T plans to layoff 12,000 employees. The telco giant claims that a decline in landlines and a lack of growth in broadband subscribers has significantly cut into their business. An analyst at UBS believes that AT&T will cut spending in 2009 by 10-15% from the $20 billion spent in 2008. Viacom is cutting 7% of its [...]

MediaBytes with Shelly Palmer | December 5, 2008Watch more videos from MediaBytes with Shelly Palmer

Tags:. .landlines. .telco. .mediabytes. .viacom. .layoffs









Analyst   Announce   Believes   Billion   Broadband   Claims   Cut   Cutting   December   Decline   Employees   Giant   Growth   Lack   Landlines   Layoffs   Mediabytes   Palmer   Shelly   Significantly   Spending   Spent   Subscribers   Telco   Ubs   Viacom