SBC to Cut 13,000 Jobs After AT & T; Purchase

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SBC Communications Inc., the second largest U.S. local-telephone company, said it expects to cut 13,000 jobs as a result of its $16 billion acquisition of AT & T; Corp.


The company said in a slide presentation Tuesday that it will eliminate 5,100 positions from sales and business operations, more than 5,100 from engineering and 2,600 from administrative functions, such as legal and human resources.


SBC said that 60 percent of the cost savings from the deal could come from job cuts.


SBC currently employs 163,000 people, while AT & T; employs 47,000 people. Each company is planning its own job cuts prior to closing the deal.

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