WOW! This is terrible news! Despite having record wireless sales, looks like AT&T wireline side is hurting big time. They are going to be cutting 12,000 jobs mostly form the wireline side of the business. It sucks anytime you see a company cut jobs, especially this many and when it hits so close to home. Good thing I work in the wireless side of the company, but this just goes to show you though, no job is 100% safe.