So just joined a NEO D&I Leadership Workshop that started with a land acknowledgement. I dropped. That’s ridiculous woke nonsense. Peace out.
Cheryl Choy fanclub update
Ms Choy will be leading network capital planning and spectrum planning. Discuss among yourselves.
Att raising rates on
Att is raising rates on it loyal longtime customers , expect a $6 increase on all plans expected the current plans being offered . They claim it’s because of gas prices , cost of business , blah blah. June 1 Expect disconnects
Voluntary offer
I would love nothing more than a voluntary offer. Why do people think that the time of voluntary offers has passed and that there may never be such offers again (or at least for a long, long time)?
Do less for more
For several years now some of us keep being expected to keep doing more for less. They get rid of people or people leave for greener pastures and instead of replacing them they drop their work on us and tell us to deal with it. Well, I've decided to... — read more
Stockholder Proxy Statement
Couple of points. Stankey listed himself for having skills in Strategic Planning M&A, Media & Entertainment, Human Capital Management. What a laugh. I play basketball, does that make me a NBA all star? Item 4 up for voting pertains to having... — read more
The definition of success
Shooting yourself in the foot and scoring on your own goal. ATT Market Cap: 2011 $180 Billion 2022 $137 Billion TMobile Market Cap: 2011 $39 Billion 2022 $162 Billion
Gus Chiggins to replace Steve McGaw
Going to explore expanding wireline and payphone asset footprint.
AT&T's Rich Dividend Still Doesn't Make A Bull Case For The Stock
For years, investors chased the juicy dividend yield offered by communications services giant AT&T (NYSE:T). It was a destructive trade. While broad markets soared after the financial crisis, AT&T shares were dead money at best—even when the stock... — read more
Layoffs coming for those in post Warner divisions
Rumour mill is starting up that 3rd quarter , lots of those divisions that had ancillary supporting roles to Warner media and DTV will be trimming down as staffing needs ebb.
Store closings
Any info on store closings ??? Any reliable info ?
Dying a slow death
It sure seems like T is dying a slow death. The 1st Q2022 earnings call, along with the past ten quarters, were not good news. The company seems to be running on autopilot. Stankey has alienated most all rank and file, employees don't want to hear... — read more
Dtv still leeching resources and money from T
And not fully charged.
Mask Policy was updated
Still requiring masks for non-vaxed, even outside.
Street Team
Does anyone area have a fiber street team? If so is it obligated to leave your store and close sales in the streets? I feel like this is stupid especially since there’s multiple channels that’s designated to do this already.
Culture of yes men has been ATTs demise into 3rd and 4th place
Tmobile DTV Warner Media HBO needs to be more like Netflix. Less quality and more quantity. $150 Billion in shareholder value eviscerated in 12 years. Zero accountabilty on the part of Stankey. It is all "We need to", "The Market Changed", "No... — read more
With The New 5G & Fiber Strategy What Legacy Services & Business Units Are Doomed
For the B2B Sales I've heard that the SAL role is being eliminated/restructured and that we're moving away from MPLS as a product. Also even thought we're 5G focused the mobility organization is top-heavy and over-staffed and will be down-sized with... — read more
Any recent disclosures
on whether or not we’re going to still be employed by T this time next year or is there something in the works to say otherwise? The old adage is, “no news is good news,” so let’s see for how long! It’s just extremely annoying that it has to be a... — read more
It seems to me that since 2008 everything has been downhill
If anyone wonders why I've stayed so far, I stayed because I really thought a series of mistakes and failures would stop and things would get better. Now that I look back on the last 14 years, it seems to me that top dogs have done everything... — read more
WBD down 17%
Many of the income seeking investors were dumped withWBD stock , which is down 17 percent, since spin-off. These are passive investors , unlikely to have sold WBD on first day. This is unethical and probably borderline illegal; is a class action... — read more
Forecasting
Essentially AT&T pays too much, for too little, too late. All the failed mergers looked backwards at mature technologies and processes in which the marginal costs exceeded the marginal revenue. Invested in satellite when streaming was the new... — read more
AT&T announces leadership changes after separation from WarnerMedia
https://www.bizjournals.com/dallas/news/2022/04/25/att-coo-jeff-mcelfresh.html
AT&T union needs to Strike!!
I've been an AT&T Union employee working in a retail store for nearly 5 years I'm now capped out and cannot get any cost of living adjustment until the union and AT&T agree to a new contract which should have been done in February! Our CEO gets an... — read more
Ethics
I havent ever seen so much fraud and unethical practices encouraged by management so much as I have now here in Miss! COR, retail is hurtin! No help, inexperience and managers just showing these new RSC how to commit it all! And yes, the hotline... — read more
Piling up work can’t unreasonable amounts of work on fewer employees can’t be the answer
Lately my workload has increased drastically, due to my team shrinking and my manager dumping the work of the people that left on me. People who have other opportunities leave. They don’t hire anyone. Obviously, the work doesn’t get dumped to the... — read more
CNN+
Who ever came up with CNN+ as a stand alone needs to be fired ASAP! It was never made clear how CNN+ was different from CNN. If anything I would have thrown it into HBO or HBOMAX as an add on like it does with its sports programming. Who is... — read more
What else do you know?
Those who know more on flattening of organization JS mentioned in his email, do tell. Is 40-50 org size for 3rd level managers rumor or fact?
AT&T chief says he’s not happy about how fast wages are rising
He said it is in the midst of contract negotiations with some of its employees now. While those discussions will likely land within the parameters of its plan, Stankey added “I’m not happy about the fact that wages are rising as fast as they... — read more
How do you feel about Stankey making $24.8 million in 2021?
Do you think he's added that kind of value?
Unpopular opinion -
Stankey is doing what’s necessary. His predecessor is to blame for stock, wasted money, inadequate leadership, poor purchasing decisions, etc.. Stankey has a solid vision and no, It doesn’t include retaining everyone one currently payroll. He is... — read more
Cuts....Too little, too late.
Why did it take this long for cuts to begin? T is in serious trouble financially. Losing revenue to the tune of 10% anually, $125B in debt, not much of a future in mobility and fiber. Sometimes I think Stankey and the BOD wants T to fail. I guess I... — read more
Chow walks away with loads of cash.
The beginning.
Stank's power grab
Not that anyone is surprised, Stank isn't going any where. McFresh is pushed aside, and Legg, Kenny, and Arroyo (strategy role and not a joke) are now direct reports to Stank. There are 3 key posts open, ABS, Consumer and Network (Mair is... — read more
from the desk of JS --4/22 AM
"...we must drive to a structure and overheads that are consistent with this reality and allow us to navigate in a more agile fashion – and that means some hard trade-offs. The news we are sharing today and over the next couple of weeks should begin... — read more
Senior Execs Leaving - Is a Big Reorg Coming?
What do you think? It feels they will shuffle things quite a bit. Moving the cheese... Big time...
The Blood Bath has only just begun
and it will continue until morale improves! Sure, there will be more people leaving this company either voluntarily or not, but the reality of the now core business only is that the company is too bloated with unnecessary personnel. Give the... — read more
I guess Stankey wasn't kidding when he said titles aren't going to matter anymore.
And that your contribution to the business is all that will matter going forward. Long over due. Trimming the fat at the top, and there is oh so much rich and easy to find fat to trim.
Cheryl Choy
Hearing rumors that the lovely Cheryl Choy got the ax. Any truth to it?