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AT&T seeing executive shakedown?

Ryan Block, @ryan

Details are still shaky, but GigaOM is reporting that the futures of certain AT&T executives may also be dubious. In addition to a recently replaced CTO and recently departed USi CEO, apparently VPs are being offered exit packages or demotions (their choice!), possibly to trim some of the fat at the top of the pyramid before the US economy gets any crappier. We can't say for sure, but hey, those billions of dollars in 700MHz auction funds have to come from somewhere -- immediately, too, you don't want the FCC sending over hundreds of goons to kneecap thousands of employees. AT&T had no comment on matters both of downsizing and the FCC's mafia-like collection practices.

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