AT&T; May Broaden Early Retirement Plan: American...

AT&T; May Broaden Early Retirement Plan: American Telephone & Telegraph, continuing its campaign to cut costs, said that it is talking to its two major unions about an early-retirement program that for the first time would be offered to non-management employees. Interest in a new early-retirement plan aimed at non-management levels surfaced last year, a spokesman said, after about 12,500 managers--37% of those eligible accepted the incentive package. Stinson did not disclose how many of the company’s 165,000 non-management employees might be affected nor when an early-retirement plan might be offered.