<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>eightk121703.txt
<DESCRIPTION>FORM 8-K DATED DECEMBER 11, 2003
<TEXT>
                       SECURITIES AND EXCHANGE COMMISSION

                              WASHINGTON, DC 20549


                                    FORM 8-K

                                 CURRENT REPORT
                         PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934


                        Date of Report: December 11, 2003


                                   AT&T CORP.
               (Exact Name of Registrant as Specified in Charter)

                                    New York

                 (State or Other Jurisdiction of Incorporation)

                1-1105                                 13-4924710
        (Commission File Number)           (IRS Employer Identification No.)


                    One AT&T Way
               Bedminster, New Jersey                    07921
           (Address of Principal Executive             (Zip Code)
                      Offices)


       Registrant's telephone number, including area code: (908) 221-2000


                                 Not Applicable

          (Former Name or Former Address, If Changed Since Last Report)

         A New York              Commission File          I.R.S. Employer
         Corporation               No. 1-1105             No. 13-4924710

<PAGE>

ITEM 5.  Other Events

What are we disclosing?

On December 11, 2003, our Chairman and Chief Executive Officer, David W. Dorman,
made the  following  statements  at the Credit  Suisse  First  Boston  Media and
Telecom Week Conference in New York City:

It's important to note that we have gone through a major  transformation  and we
continue to make great progress in transforming  our cost  structure,  and we've
been able to drive out cost through  head count  reductions  as we've  automated
processes.  We had  previously  said that we would  reduce our head count by ten
percent by year end 2003. We're updating that today. We'll actually achieve a 12
percent reduction in head count year over year.

We have made great  progress in cost of services  and SG&A,  and we've more than
kept  pace with the  declining  revenue  that  we've  seen  largely  from  price
compression  between third quarter of '03 and third quarter of '02. In fact, the
total costs of services and SG&A has declined by a billion  dollars in those two
categories  on  an  annualized  basis.  On  the  other  hand,  access  cost  and
depreciation for business  services and I'm talking about just business services
here,  have  increased  year over year in  absolute  dollars and as a percent of
business revenue.

<PAGE>

                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                  AT&T CORP.


                                  /s/  Robert S. Feit
                                  ----------------------------------
                                  By:  Robert S. Feit
                                       Vice President - Law and Secretary


December 17, 2003


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