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AT&T to cut workforce in Slovakia as COVID-19 weighs on demand

The American multinational has a total of around 2,800 workers in Slovakia. The Dallas-based company wants to raise £10.32 billion to buy 5G spectrum. In an announcement on Monday, AT&T Inc. (NYSE: T) expressed plans of slashing its workforce in Slovakia in a bid to cushion the economic blow from the Coronavirus pandemic that it said was keeping demand under pressure. The COVID-19 crisis has so far infected more than 95 million people worldwide and caused over 2 million deaths. The news comes months after the American multinational conglomerate said that its revenue tanked 5% in the fiscal third quarter. AT&T had also warned of a Coronavirus-driven hit to its fourth-quarter revenue in October.

United statesSlovak republicMartin horkavyT global network servicesT incGlobal network servicesCentral europeanஒன்றுபட்டது மாநிலங்களில்ஸ்லோவாக் குடியரசுடி உலகளாவிய வலைப்பின்னல் சேவைகள்டி இன்க்உலகளாவிய வலைப்பின்னல் சேவைகள்மைய ஐரோப்பிய

AT&T to cut Slovakia workforce, unions expect 300 jobs to go

AT&T to cut Slovakia workforce, unions expect 300 jobs to go Reuters 1/18/2021 © Reuters/BRENDAN MCDERMID The company logo for Oracle Corp. is displayed on a screen on the floor at the NYSE in New York PRAGUE (Reuters) - AT&T plans to cut its workforce in Slovakia as the COVID-19 pandemic hits customer demand, the company said on Monday, with unions saying that 10% of jobs may be affected. AT&T Global Network Services Slovakia has operated in the central European country for more than a decade, providing customer support, network engineering and other services. The U.S. company employs around 2,800 people in the country of 5.5 million, where unemployment has risen to 7.4%, from 5.2%, since the global coronavirus pandemic hit in March.

Czech republicNew yorkUnited statesMartin horkavyRobert mullerAlexander smithOracle corpT global network services slovakiaGlobal network services slovakiaசெக் குடியரசுபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்ராபர்ட் முல்லர்அலெக்சாண்டர் ஸ்மித்ஆரக்கிள் கார்ப்டி உலகளாவிய வலைப்பின்னல் சேவைகள் ஸ்லோவாக்கியா

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