Telecom company ACS to cut workforce by about 2 percent

Posted: Friday, January 30, 2009

ANCHORAGE - ACS, one of Alaska's top telecom firms, says it needs to cut about 20 employees.

That reflects 2 percent of its workforce.

ACS is one of the lead players in Alaska's phone and Internet industries, and among the most dominant in local phone service.

The company has about 1,000 employees. It posted about $144 million in profit on $386 million in sales for 2007.

The company said the labor costs make up about 70 percent of the company's operating expenses.

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