AT&T employees 2007-2024

As of January 2024, the telecommunications company AT&T had around 149,900 thousand employees, a sharp decrease from the previous year. 

AT&T on cost-cutting trend

AT&T's workforce has declined year-on-year since 2019, with a 40 percent reduction through to January 2024. In 2020, AT&T's CEO, John Stankey, committed the operator to finding six billion U.S. dollars in savings by 2023, with a reduction in labor costs listed as a key target. In Spring 2023, the operator announced further measures in the form of office closures across the country, with a new policy requiring certain management staff to attend an office at least three times a week. While these measures did not include layoffs, AT&T stated that the new requirements may spur employees to seek opportunities elsewhere. Moreover, the company's 2022 decision to spin off its interest in the media company WarnerMedia significantly reduced its workforce by over 20 percent.

AT&T’s revenue

AT&T is a leader in the wireless telecommunications sector, servicing the most wireless subscriptions among U.S. operators. Despite this, the company faces strong competition from rival network operators Verizon and T-Mobile US, particularly in the 5G space. AT&T ranked second in U.S. 5G coverage in 2024, and third in typical 5G download speeds. T-Mobile US held the top spot in both metrics, having invested heavily in its 5G network in an attempt to challenge AT&T and Verizon.