The nation's second largest telecom company may soon be laying off thousands of its employees.
SBC Communications says it may cut about 10,000 jobs by the end of next year, which would equal 6% of its workforce. The cuts are a result of customers switching from regular phone lines to cellular and voice-over-internet services.
The Texas based company cut about 7,000 jobs during the past year. SBC has more than 50 million phone lines in 13 states.