50% loss, current AT&T shareholders will own -50%. Great investment
So what does Job Function mean???
There are definitely different letters that were sent out. I was comparing my letter to a coworker that is in a different org. My Job Function is Field and his was Central? Obviously there is no definition of what that means for either of us. Also... — read more
Stop taking care of CRE issues yourself, immediately.
Perusing some of these posts I see a lot of comments about inadequate lighting, no regular trash service, no soap, TP or paper towels in restroom, etc. HVAC systems not working properly or at all. STOP WORKING IN THOSE CONDITIONS. STOP BRINGING... — read more
Anyone join the late notice GEM mobility re-org call yesterday afternoon.
Heard there was an end of day last minute notice reorg call?
reap what you post
After Covid, this site was absolutely swarmed with people bragging about how they exploited the company and basically cashed a free check while WFH to “stick it to management”. I understand that this is far from everyone that WFH. Just want to say... — read more
Whirlwind
Those of you providing factual or strong evidence based speculative updates - sharing RTO letters, announcements from executives, news articles etc thank you. However - there is such a feeling of damned if you do damned if you don’t doom speaking... — read more
The ending few lines of my LETTER today says all you need to know about these dingbats and their RTO idea:
"We look forward to seeing you at the office and living your designation beginning September 5, 2023 and working in your designated work location a minimum of 3 days per week. Your workplace designation is an expectation of employment. If you are... — read more
I’m in HR, but haven’t got my letter
We are a team of 14, half my team were designated to Dallas so they have to pick up and move or lose the job. They got their letter today. Those of us near one of the hubs were told we can continue to work in the hub but none of us got the official... — read more
Walk out
So if every employee in the company didn”t show up for one day at same time, what would they do?
https://finance.yahoo.com/news/t-may-trouble-205011380.html
Telecom Garage sale...stay tuned for updates
What are your expected move dates?
For those of you who found out your fate, what dates were you told to report to your new office for?
Acquisition Rumor
Rumor has it that JS is interested in being acquired by Compuserve, Prodigy, and maybe even Packard Bell…who knows maybe even Worldcom would be interested…Trimming headcount to make it more palatable for the right suitor.
Please post if you have been designated ATL or DAL to report but live in a different state.
Team member living in ATL has been designated to report to ATL, wondering how many of these letters went out to folks not residing in state.
RTO timeframe
Anybody not in the first wave I would suggest you start looking for a new job now. Stankey wants us to gradually leave over 3 years. The best way to stick it to him is get another job now and make them deal with a mass exodus now anyway.
They want to sell the company and have to slash and burn as quickly
As possible. This is going to happen quick and they need to get as many people off the books as possible. The future network maintenance will all be outsourced to vendors. Stankey and his crew will walk away with hundreds of millions while the lifer... — read more
5 RTO Form Letters (Anthony)
There are five form letters. Two letters are for those currently in Atlanta/Dallas. One is for FTO staying FTO in their current location. The other is for TW going FTO in their current location. Two letters for those in one of the other 7 hubs... — read more
AT&T - from Knowledge Worker Model to Sweatshop Model
As a leader in collaboration technology, AT&T has brilliantly leveraged the advantages of the technology it builds and sells. By "working virtual," agile teams can draw from the best experience and expertise all over the US, and the globe, without... — read more
https://investorplace.com/2023/06/3-dividend-stocks-that-just-have-no-more-hope-left/
3 Dividend Stocks That Just Have No More Hope Left, GUESS who is #1? Avoid these low potential dividend stocks so you don't get stuck with losses The wrong dividend stocks can hurt your portfolio. These are the dividend stocks to avoid. AT&T is... — read more
Miscellaneous from recent calls & letters
My team was split amongst who’s “future role” MAY be relocated between Dallas and metro Atlanta; For those of our members already in Dallas (about 10% of our team) they are also split between Plano & Dallas Dallas parking is going to be an issue... — read more
Mitch Farbers Organization
Has anyone heard anything? I am still waiting.
RTO Workplace designations released
Looks like RTO designations are going out…..just got mine. Currently FOW, will be remaining at current location , reporting 3 days per week. ACE organization….Market RAN southeast
Used to be so good
When I first started with Ameritech it was so different. I received a welcome basket at home the day before I started there with all kinds of goodies. Signing bonus and thousands for a training bonus each year. Lunch room stocked with free coffee and... — read more
Not sure if becoming Amazon Wireless would be any better
I understand Amazon isn't exactly a great place to work either. Maybe we'll soon be able to make our own observations. Can it be any worse?
Cowards come out of hiding after hiding
two months to wish us a Happy July 4th but still no RTO location info.
ATT being served up for an acquirer
Gotta get the cost structure and operations streamlined. That's why the indiscriminate layoffs regardless of ones importance to the business and bottom line. PowerPoints to Amazon, Microsoft, Meta, or whomever says they will cull the herd X heads by... — read more
What's coming?
I can't help but think that there is more that has been left in the dark. This is something I've never seen happen in my over 20 years here. VPs and AVPs not knowing... I think they may be setting the stage for an easier merge with another... — read more
RTO massive failure of leadership
This entire RTO initiative is a massive failure on the part of senior leadership. When you have manager and directors telling you that even at the AVP level that have absolutely no forewarning or involvement in this and we’re left in the dark it’s... — read more
It's not personal, it's business
Companies make strategic decisions all the time, RTO and office locations is just another decision. You're being offered to move to a "core location", most employers just close locations and move on, leaving employees with no options. It sucks... — read more
Public Sec - GEM
Whats going on around GEM
Bill O'Hern Replacement
Any word on that?
Last Legg reorg
When was Legg's last reorg and how often does he have one? Does the reorg happen across AT&T or at the Legg level? How does it generally work?
LIARS
Got my “letter” and it says everyone in the Dallas and Atlanta metro area have already been communicated to regarding their work designation and the rest of us will find out by the end of July. However, not a single person on my team in the Atlanta... — read more
Somebody knows something is about to happen
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with T, it... — read more
I find the incompetence of "Leadership" comical at this
Point. And these guys were going to wrap up DTV and Time Warner into some transformational content delivery portal to the country? The curtain is all the way to the rafters and you are seeing your Senior Team in action on something that is 1/100th at... — read more
RTO Drop-ins make NO SENSE. Oakton Virginia has more than Atlanta?
Looking at the updated email sent out on "How and Where We Work". The drop-in site numbers are insane. Austin, Texas and Chicago have more drop-in stations than all of Atlanta combined. One site listed in the 6 that Atlanta has states it's... — read more
none of this helps 2023 free cash flow
Actually going to hurt it more, as severance payments made in q3 and q4 of 2023. So I expect further stock drop by year end, as wall street has att hard against the ropes now, and it votes with its money fast. Wall Street wants improved free cash... — read more
How and Where We Work FAQs updated 6/28
Same old, same old. Didn’t really address anything new. A couple bullet points that try to defend their hypocrisy, like a Telecommunications & Connectivity company that wants people in the office rather than let them connect remotely using the... — read more
Florida ? Anyword on Tampa
How about Tampa? Do we have any idea what will happen to Tampa or Florida ?
Happy 4th of July!
Happy 4th, everyone! Make the most of the extended holiday weekend. For a large number of employees, this will be the last holiday period you observe at T. For many more. it will be one of the last. Get out there and enjoy some good food and time... — read more