Bellsouth Corp
10 February 2000
FOR MORE INFORMATION
Bill Getch (404) 249-3961
BELLSOUTH STREAMLINING SUPPORT STAFF
ATLANTA, February 4, 2000 - BellSouth said today that by streamlining work
processes, it expects to reduce its domestic workforce by approximately 2,100
positions. As a result, the company will record a one-time, after-tax charge of
between $60 million and $80 million in the first quarter of 2000.
Staff functions are being consolidated as BellSouth shifts from a multiple
company structure to a single organization.
'Streamlining these organizations will allow us to be more responsive to our
customers' needs,' said Duane Ackerman, chairman and chief executive officer.
'These staffing decisions are being made with careful review and attention, and
we are committed to making decisions that are fair and equitable to all of our
employees'.
BellSouth is a $25 billion communications services company. It provides
telecommunications, wireless communications, cable and digital TV, directory
advertising and publishing, and Internet and data services to more than 37
million customers in 20 countries worldwide.
For more information about BellSouth Corporation, visit the BellSouth Web page
at www.bellsouth.com
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