
AT&T is pushing ahead with sweeping structural changes that could see hundreds of managers lose their jobs unless they agree to move across the country, as part of a broader effort to slash costs by around £2.4 billion (approximately $3 billion).
The telecoms giant is consolidating 22 internal help-desk sites into just six across the United States. Affected managers have two weeks to either accept the relocation or exit the company with severance. The decision follows a blunt memo from CEO John Stankey and an internal survey showing falling employee engagement.