------------------------------------------------------------------------------ ***************-Another presentation from the News of Freedom-*************** ------------------------------------------------------------------------------ 02/12/94 Volume 1 Number 1 ======== ================== Welcome to the 1st issue of a new group called the News of Freedom (NoF). Our goal is to search through major newspapers & magazines from around the country for articles about phreaking, hacking and computer systems which will benefit the elite community in general. We then copy the important parts of the articles and copy them here and then we provide any commentary if needed. So here we go & I hope you like this! ------------------------------------------------------------------------------ The following is taken from the New York Times, Business Section, February 10, 1994 ------------------------------------------------------------------------------ As long-distance telephone companies continue their pitched battle to capture customers and cut costs, the American Telephone & Telegraph Company said yesterday that it would cut as many as 15,000 jobs, or 15% of the work force, in its core long-distance business during the next two years...The move comes as the nation's biggest long-distance carrier continues to lose market share to MCI and Sprint, and the industry explots new technologies to cut costs. The new round of cuts is intended to reduce management in a bid to trim AT&T's bureaucracy. All the cuts are in the long-distance business, and about half of them will be in the management ranks. Roughly a third of the people to be laid off work in and around the company's headquarters in Basking Ridge, N.J.... During the last year, the long-distance revenues of the company increased by only 1.5%, compared with the industry average of nearly 5%... But the competitive pressure is expected to increase during the next several years, particularly if Congress passes legistlation that permits the reginal Bell companies to enter the long-distance market. And new technologies are allowing long-distance telephone companies to operate with fewer people.... AT&T has stedily cut more than 100,000 jobs since its monopoly over long-distance service was broken by the Federal Government 10 years ago, and it is cutting 6,000 telephone operators and 7,500 workers at NCR. AT&T employs 309,000 people, of which 96,500 work in the long-distance business. The remainder are in manufacturing, research and other businessess.... Company executives said they would begin to notify the company's departments about pending layoffs by March 1, and individuals in April. The first departures are to take place in June and proceed over the following 18 months. The reductions mark the biggest move since Mr. Mandl and his team took control of the long-distance business last July. Since then, the company has dismissed the advertising agency Ayer Inc., which designed its distastrous "i plan" campaign, added a raft of new marketing people and tried to react more swiftly to new marketing salvos from MCI. ------------------------------------------------------------------------------ First of I would like to congratulate all those phreakers out there who have been doing such a great job! You have reduced AT&T's profit, maybe now they'll learn....not! Second, this is great news as there should be less operators to bug us and more dumb computers to hack. I must warn you though, that you might be doing too good a job: we don't want AT&T to go out of business as then we'd have to phreak with other companies & as you all know, it's not as safe. Ok, well I hope that this was informative. Good luck to everyone and look out for our next news file soon! -News of Freedom for Phreakers around the Globe-