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Report: AT&T cuts DIRECTV jobs

AT&T Inc. laid off more than 700 DIRECTV home installers across "all states from Florida to California," The New York Post reported Dec. 18, citing one of the affected employees.

In a statement, an AT&T spokesman said the company is working to align its workforce with the changing needs of the business and the move includes some premises technician jobs.

In November, AT&T CEO Randall Stephenson said the company would create 7,000 jobs if the Tax Cuts and Jobs Act is passed in the coming days.

Talks between AT&T and the U.S. Department of Justice over the company's planned acquisition of Time Warner Inc. have failed.