Topics regarding layoffs at AT&T

Topics regarding layoffs at AT&T

Bankruptcy

I retired over a year ago and I'm just sharing my observation/recollection. So, Thinking back I recall making my decision to retire. It was during a McElfresh town hall. He spoke about how many companies that were at one time at the top and yet... — read more 

Kennard & Luczo vs. Stankey

Does anyone know the relationship between Kennard and Stankey? Does Kennard have any real leverage with Stankey or is he just collecting a check? Has anyone heard any rumors regarding Stankey's standing with the BOD? Is he solid and able to set his... — read more 

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| 1470 views | | 6 replies (last December 3, 2021)
Post ID: @OP+1e6oXiWO

Security

Thousands of networking devices belonging to AT&T Internet subscribers in the US have been infected with newly discovered malware that allows the devices to be used in denial-of-service attacks and attacks on internal networks _>Full article:... — read more 

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| 1370 views | | 2 replies (last December 2, 2021)
Post ID: @OP+1e693E7C

AT&T Stock Price

I am soooooooooooooo pleased with the stock performance. I love the free fall dive. So fun..ny!

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| 1210 views | | 6 replies (last December 7, 2021)
Post ID: @OP+1e5iYHqe

Wait to buy he DEEP AT $17

Awesome...T closing at $22 while McElfreshTurd...indicated that the strong customer growth the company experienced over the past year was likely to decelerate.

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| 1260 views | | 9 replies (last December 2, 2021)
Post ID: @OP+1e5lbiZx

ATT Layoff Pattern

In my org, alot retirements have been announced. I think I'm seeing a pattern. A string of retirements, then layoffs (FMP), a string of retirements announced, then layoffs. Does anyone agree?

Att still a mess!

I know stating the obvious! After I retired last year….stopped and talked to a fiber crew. One tech I had worked with. ATT has bulked up the fiber crews AGAIN for another big push…..but of course after getting everyone in place they CANT get the... — read more 

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| 1440 views | | 6 replies (last December 1, 2021)
Post ID: @OP+1e5UttxF

Amazon to start offering Private 5G Services

The Rat and Stink's wonderful strategy of the last 7 years really helped T's wireless business. With $100B in debt, Toxic T does not have the capital to buy spectrum. Now Amazon, which has unlimited $ is moving in and going to take some of T's prime... — read more 

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| 1340 views | | 8 replies (last December 2, 2021)
Post ID: @OP+1e5ys2nQ

AT&T Value

AT&T is now worth less that what it paid for DTV and Time Warner!!

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| 1552 views | | 9 replies (last December 1, 2021)
Post ID: @OP+1e5l8K2A

Verizon Retail Rep Here

Hey cellular fam! I’m just trying to see if the grass is greener on the other side. At verizon we use to make 100k a few years ago but good ole corporate felt they paid us too much so now we do this bull$hit called “team commission” where they pay... — read more 

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| 1530 views | | 6 replies (last December 5, 2021)
Post ID: @OP+1e5mfCRE

The Guitar Man

McElfresh gives a conference call and loses 4% of market value. He probably got a big retention bonus for losing $7 billion in market capitalization. This stock will be below $20 by the end of January 2022.

How low

How low will the stock go?

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| 1051 views | | 4 replies (last December 1, 2021)
Post ID: @OP+1e5NaFVZ

Why doesn't T declare bankruptcy?

In the long run it would be better, eliminate all debt now. Start fresh, WM merger would also be better for Discovery. I think it's inevitable, so why not now?

People...People...People

Scott Mair did it again, people are leaving due to things that can't be controlled in the org. If you're the #3 guy in the executive rank and can't doing anything different, why even say retaining people is a priority? An ounce of truth mixed in... — read more 

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| 2110 views | | 9 replies (last December 1, 2021)
Post ID: @OP+1e4SmgIv

Exec Comp not tethered to Share Price

Tethered to goals of patching up what you destroyed. Borrow and buy for $100, sell for $65, left with $35 in debt. Get commissions on both ends for screwing Shareholders and presenting it as strategy. Anything in place to stop Stankey and Board from... — read more 

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| 943 views | | 3 replies (last December 2, 2021)
Post ID: @OP+1e4jLkeZ

End Game for T?

AT&T is one of the most leveraged companies on the planet, accompanied by GE. T is getting hit by record level retirement and pension pressures and are able to keep their heads above water due to borrowing rates being near 0%. With inflation rates... — read more 

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| 1433 views | | 4 replies (last December 2, 2021)
Post ID: @OP+1e4ItzGC

Market Cap

Another 15 cents below today’s close will put us below $170 billion in market capitalization. The company was once at $230 billion of market capitalization which means $60 billion of shareholder value has evaporated! Meanwhile the C-Suite is... — read more 

ATT is a junk bond with a very poor return

Your principal is getting decimated and the quarterly payment is poor relative to alternatives. If you are an income investor this is a pi-s poor investment and you are living in the past. Stock is heading to the teens in 2022.

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| 990 views | | 5 replies (last December 1, 2021)
Post ID: @OP+1e3ssSpA

It’s not the first time I’ve felt cheated

I didn't even expect frontline workers to be rewarded because they risked their health while working during the most stressful period during a pandemic when there were no vaccines yet. I didn’t expect much, because after all, this is ATT, a company... — read more 

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| 1750 views | | 8 replies (last November 30, 2021)
Post ID: @OP+1e3445AS

Stankey = Share price decline

WoW! T shares at $23 and change, how much lower will it go? Stankey knows more about the stock market than anyone else. For anyone holding T shares, it's enough to make you sick! What is the plan to raise the share price to $75.00?

promoting expensive employee junk

I got this company promoting cr-p in the mail yesterday. A baseball cap, blue tooth speaker, t-shirt, blanket, and a large sign for me to put on my lawn promoting fiber. The problem here is how much money we spend promoting through employees. I'm... — read more 

Accept a lower paid job

It is clear to me that both compensation and mentally wise I could do a lot better at another company, for the amount of work and unrealistic expectations I have to deal with here. Although, I think there are many who have agreed to a lower pay... — read more 

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| 1850 views | | 8 replies (last November 29, 2021)
Post ID: @OP+1e0mumm8

New employees

What is T offering new employees to lure them in? I keep waiting for our reputation to catch up to us and come to the point where we can't hire anybody, but that's not happening. Do the recruiters lie to people? Does nobody vet the company they're... — read more 

Vested pension lump sum

Do I have to wait until retirement age to cash out my vested pension if I leave the company for any reason? Thank you for your time.

Archaic equipment

It always surprises me again and again that our management does not recognize the archaic equipment we are working on as a big problem that frustrates employees, wastes everyone’s time i.e. costs this company a lot. Is it possible that they consider... — read more 

3 weeks till the Dec. 15th announcements...

Although there are plenty of 'rumored' retirements and the majority opinion is that there will be no huge announcements this time, to give them time to see how many will retire, I still believe the desire is strong to send out at least some of those... — read more 

retirement rates

I my VP group, looks like the retirement rate will be around 3%. Anybody know the rate in their VP group?

ATT dysfunction

Every time I read these posts, there's always massive back and forth about layoffs. Then someone comments re: the 'dead weight' and layoffs are justified. Here's the reality- Come next year staffing will look drastically different (ie- reduced) in... — read more 

PTO policy when leaving

Mgmt employee (ie- non union) considering flying the coop in early 2022. I know the PTO policy has a formula to pay out for a portion of PTO depending on time of year you leave. Does it make sense to take a week at the beginning of the year before... — read more 

Retail

When will they fix OPUS? Fix the scanners? Fix the crashes of the computers? Bad bad cust service; custs are mad, store managements shrugs there shoulders and just say thats the way it is! They "management" are scared to push things back up the... — read more 

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| 1260 views | | 6 replies (last November 25, 2021)
Post ID: @OP+1dXi0PnS

Additional benefit cuts

There is more and more talk about how it is very likely that this will happen. I don’t want to claim anything, but I personally believe that rumor could come true. Does anyone perhaps have more detailed information on whether they will decide to cut... — read more 

DTV Discount

Is anyone aware of what is going to happen with the DirecTV discount for ATT employees starting Jan 1? will our service just cease or will we be slammed with the regular price?

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