BellSouth to Slash 1,500 Management Jobs
An AP newswire article by Harry R. Weber, via SFGate.com, reports that:
BellSouth Corp., the dominant local phone provider in nine Southeastern states, said Thursday it is cutting 1,500 management jobs, or 2.4 percent of its total work force, because of competition from cable providers.
The Atlanta-based company said 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.
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