The AT&T logo.Expired contracts between AT&T and its labor union, the Communications Workers of America, will have little effect on Chattanooga-area workers, the company said.
But the company wouldn’t comment on unrelated employment changes resulting from the sale of AT&T’s Yellow Pages unit to Cerberus Capital.
“We’re not breaking out the number of employees by region, state or city,” said spokeswoman McCall Butler.
In total, 8,400 AT&T employees will put away their Ma Bell badges following the sale of AT&T’s iconic Yellow Pages unit to Cerberus Capital for $950 million, according to The Associated Press.
Cerberus will take over management of 1,200 printed Yellow Pages in 22 states, plus Yellowpages.com and a mobile app. In total, it’s a business unit that generated about 3 percent, or $3.3 billion, of AT&T’s overall revenue in 2011.