AT&T to cut 10,000 jobs post-merger

Nation's No. 1 telephone company says the cuts would come starting next year, once the BellSouth deal completed.

NEW YORK (Reuters) - AT&T Inc. , which has agreed to buy BellSouth Corp. for $67 billion in stock, Monday said it expects to cut some 10,000 jobs between 2007 and 2009, once the acquisition has closed.

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guess its good im getting out before the whole ship goes down...
funny that bellsouth submitted a proxy with the SEC last week, stating that they would be entitled to three times their annual base pay, plus three times their standard annual bonus, if they were terminated without cause or leave for no good reason - source AJC