Definition: In this task, you are given a news article. Your task is to classify the article to one out of the four topics 'World', 'Sports', 'Business', 'Sci/Tech' if the article's main topic is relevant to the world, sports, business, and science/technology, correspondingly. If you are not sure about the topic, choose the closest option. Note that URLs in the text have been replaced with [Link].
Input: AT amp;T to cut 7,400 more jobs, take US\$11.4B writedown AT amp;T Corp., the former monopoly that once dominated the US phone market, said Thursday it will cut another 20 per cent of its workforce and suffer an asset writedown of US\$11.

Business