[1st-mile-nm] Fwd: 10.2.8

[Marianne Granoff]

 From another list.  FYI.


>Massive AT&T Reorganization, Possible Layoffs? - 
>Nation's biggest ISP responds to markets, cable competition
, dslreports
>AT&T this week announced they're feeling the 
>strain of the credit crunch, with Chairman and 
>CEO Randall Stephenson saying the company was 
>unable to sell any commercial paper (short term 
>IOU notes) last week for terms longer than 
>overnight. The company this week also announced 
>that they've undergone a major reorganization in 
>order to respond more quickly to cable 
>competition. Managers tell GigaOM privately that 
>they're expecting layoffs between 5% and 20% 
>before long, thanks to declining landline
> 
>http://www.dslreports.com/shownews/Massive-ATT-Reorganization-Possible-Layoffs-98143