Topics regarding layoffs at AT&T

Topics regarding layoffs at AT&T

2nd qtr results

The stock price continues to languish and there is no significant progress on debt reduction.

Where is the recording?

Why hasn’t the webcast been posted yet? What is taking so long? PR and video editors must be old and inefficient. Too bad we don’t have some college grads who represent our demographic posting it on TikTok.

Hardly any of Executives Compensation is tied

To share price. Stankey burnt through over $100B of shareholder wealth and will be playing catch-up forever. Don't forget it's all you mouths to feed that are the crux of the problem.

Class Action Lawsuit

The comments made yesterday regarding the now confirmed effort to replace senior employees with younger talent more in touch with our target demographic were completely inappropriate. In fact, one could allege cause for violation of ADEA and any... — read more 

The king of the kings

Please stop to kick Stink, there is nobody better as he is. Confirmed. “Elliott supports John Stankey as AT&T’s next CEO,” Elliott said in a statement. “We have been engaged with the company throughout the search process, which was a robust one... — read more 

Hiring Managers

Can anyone confirm if Central Hiring Managers were surplus today? Rumor mill in the West is a few were notified today.

I couldn't "stomach" it today

Literally, mins after Stankey started talking I had to turn it off. I'm not sure what was more nauseating: listening to him recite all of the reasons why he should keep his job or watching all of the sheep in the audience nod their heads in agreement... — read more 

What was the purpose of having Arnoldi on stage?

Aren’t her customer care agents being replaced by virtual agents using AI technology? Do we really need an Officer overseeing machines? What was she talking about? I don’t remember anything she said.

New Show On HBO

It's called Let's Clean House with America's worst CEO John Stankey. Watch as John along with his crew wreck a company, layoff employees and take on lawsuit after lawsuit. Tune in quick though because this show cannot go on like this for... — read more 

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| 1110 views | | 1 reply (July 27, 2023)
Post ID: @OP+1nOvq5Rz

RTO

If you don't meet RTO completely, what happens next, layoff? do you get severance?

This is no longer a job I once enjoyed

I think that many of those who are now looking for a way out because they can no longer bear this place, at some point in the past actually really enjoyed working here. I am definitely one of them. How did they manage to turn this into a place... — read more 

A loaded question!

So, based on your personal experience and observation and discussions with peers, what is the ratio of male to female HC reductions, minority vs. non-minority HC reductions? Age demographics of HC reductions? Are those HC reductions significantly... — read more 

Predictions?

Anyone have predictions for what's gonna happen soon? Re-org announcements are coming. More cuts necessary.

What is worse?

When the street punishes shareholders for anemic/ poor financials or basically just stops paying attention to you altogether? Asking for a friend.

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| 692 views | | no replies yet
Post ID: @OP+1nNyxzZT

Leave on your own terms

My opinion/advice: if you feel vulnerable to what is happening, starts looking and interviewing for outside positions. As a former manager, I saw the writing on the wall in November. I got to work on networking and found a position externally I had a... — read more 

Q2 Earnings Results

Discuss here. Free Cash Flow: 2Q23 FCF at $4.2B FCF Company Commentary: "Expect full-year FCF of $16B or better."

Your Head Counts

you are counted by accountants and your number has been called to be cut like a fa-t in the wind while your screams meaninglessly echo through canyons of whispering widgets of unending digits

CNBC Cramer weighs in..

“Walk away from it. That company is as poorly managed as any company I've ever seen in my lifetime." Ouch. But more layoffs and RTO will fix it, yes?

Folks you don't rebound from 3 Colossal Strategic

M&A's that occurred during a decade. There is far too much debt and still a company, brand, and captain that are toxic. The Telco SBC Boys always thought they were the smartest in the room. The most dangerous leaders are those who don't know what... — read more 

A cure for low morale

I don't think the management has much interest in raising morale here, but I still wonder if it would be possible to do something about it and how, considering how much the company has degenerated?

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