2012beof-111206092256-phpapp02

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Unformatted text preview: of sales for continued on page 54 InFORMATIOn EMPLOYMENT INFORMATION EMPLOyMEnT 2003–2012 2003-2012 (In Thousands) (In Thousands) Year 2003 2004 2005 2006 2007 2008 2009 2010 Publishing Telecommunications Other Totala 30.3 29.7 29.0 28.5 27.9 26.6 24.1 23.0 34.5 32.5 29.3 28.2 30.2 31.0 31.8 29.9 19.8 19.0 18.6 18.7 18.3 19.2 18.8 18.8 84.6 81.2 76.9 75.4 76.4 76.8 74.7 71.7 2011b 2012c Telephone CenturyLink’s $24 billion acquisition of Qwest was completed in April 2011. Mergers of this kind often result in job loss rather than creation as combined companies lend to the consolidation of overlapping tasks. Some of CenturyLink’s Colorado jobs were moved to company headquarters in Monroe, Louisiana, and still others were eliminated in the merger. CenturyLink has been offered $19.4 million in incentives by the state of Louisiana to create 800 jobs at its headquarters in the next five years. Nevertheless, even before the merger was approved, CenturyLink agreed to invest about $70 million over five years in Colorado to expand broadband. Other funding to broadcast programming and 40% for cable. Across the nation,...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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