Joint AT&T-BellSouth Might Cut 10,000 Jobs

The AP reports:

AT&T Inc. plans to cut up to 10,000 jobs, mostly through attrition, if its $67 billion purchase of BellSouth Corp. goes through, AT&T's chief financial officer said Monday.

The work force reduction would take place over three years, AT&T's Rick Lindner said on a conference call. The acquisition is expected to close next year, pending approval from shareholders and regulators.

The mature industry.