AT&T seeing executive shakedown?

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Details are still shaky, but GigaOM is reporting that the futures of assured AT&T executives may additionally be dubious. In addition to a recently replaced CTO and recently departed USi CEO, apparently VPs are being offered exit packages or demotions (their choice!), possibly to trim some of the fat at the top of the pyramid before the US economy gets any crappier. We can’t say for certain, but hey, those billions of dollars

in 700MHz auction funds have to come from somewhere — immediately, too, you don’t want the FCC sending by hundreds of goons to kneecap thousands of employees. AT&T had no comment on matters both of downsizing and the FCC’s mafia-like collection practices.

 

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Original post by Ryan Block

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