More news on Layoffs from AT&T

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Per ABC AT&T says it plans to cut about 4,600 jobs, or 1.5% of its workforce, to shift resources to growing parts of its business.

The nation's largest telecommunications provider said most of the layoffs will be among managers.

AT&T said the job cuts — affecting its wireline telephone business mostly in the United States in “non-customer-facing areas” — are part of its efforts to streamline the company.

The job cuts, which are on top of a three-year plan to cut 10,000 jobs announced at the end of last year, come as it faces declining traditional phone sales and rising costs for deploying new, high-speed Internet and video services.