AT&T is moving “several hundred” jobs out of St. Louis, saying the company is streamlining its business to be more focused and efficient.
“As part of our ongoing review of operations and efforts to bring teams closer together, we are consolidating some work functions from St. Louis to other strategic hub locations,” Kyle Loomis, AT&T spokesperson, said in a statement. “This change supports our operational focus on faster decision making, in-person real-time innovation and a culture enhancing the effectiveness of our teams in serving our customers.”
Loomis did not say which positions are being targeted or where the jobs will be moved to. He said AT&T expects the changes to be completed by mid-2025 and that the company will continue to maintain a strong presence in the region.
Tony Wyche, the Greater St. Louis, Inc. spokesperson, said that the economic development agency has been in communication with AT&T over this move.
“While we never want to see any jobs leave the metro, St. Louis is part of a robust, globally connected economy that has seen us gain tens of thousands of jobs this year,” Wyche said in a statement. “Our economy is resilient, diversified and we are focused on growth.”
Last week, AT&T confirmed that it was relocating its Earth City office to downtown St. Louis. Loomis said that move does not include any layoffs, though it is unclear how many workers the company employs in the region.
AT&T’s downtown office tower at 1010 Pine is next door to the former AT&T Tower at 944 Pine Street, which was recently sold to a Boston firm.
During its most recent earnings call in October, the company reported a revenue of $30.2 billion, which is down 0.5% from the same quarter last year, while operating expenses were up about $4 billion.
AT&T is based in Dallas, Texas.
The company started in St. Louis as the American District Telegraph Company in 1878. It moved its corporate headquarters, by then under the AT&T banner, out of the city and to Texas in the 1990s.
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