At & T
Submitted by orion on July 1, 2009
Category: Business
Words: 407 | Pages: 2
Views: 140
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AT&T's roots stretch back to 1875, with founder Alexander Graham Bell's invention of the telephone. During the 19th century, AT&T became the parent company of the Bell System, the American telephone monopoly. The Bell System provided what was by all accounts the best telephone service in the world. The system broke up into eight companies in 1984 by agreement between AT&T and the U.S. Department of Justice. From 1984 until 1996 AT&T was an integrated telecommunications services and equipment company, succeeding in a newly competitive environment. In 2000, AT&T was named the largest cable company in the U.S. Today, AT&T is a global networking leader, focused on building user's trust and confidence.
Beginning in 1998, AT&T developed a plan to assist in restructuring it’s management team. They were set to lay off one fourth of its 50,000-manager population. AT&T was concerned...