I can understand the hate AT&T and those in charge get for the TW acquisition, but that was actually a good move at the time. The problem was that once it was here, nobody knew what to do with it (and yes, I count mister "I'm the smartest when it... — read more
The more you fail, the higher you land
Randy nearly destroyed AT&T during his tenure here with bad decisions and he gets rewarded for it with a place on Walmart's board. Over and over again he proved to be an incompetent leader and yet he gets rewarded for it. There really are two sets of... — read more
Here is your solution...
Stankey was the driving force in buying DTV at that ridiculous device and then managed that business as it continuously declined. Then bought Time Warner where he drive out the talent to the point that HBO is no longer thought of as a leader as... — read more
C-Level Compensation
There is ABSOLUTELY no way in hell any CEO for any company should be making 3000 times the amount of the average employee. They’ve done a great job over the years conditioning the Pleb’s that this is normal and we should just genuflect at the Alter... — read more
Videos Woo Hoo
I'm happy to say I didn't watch (waste my time on) any of the LwD videos. I would just log in, hit play, then mute and minimize, and enjoy my lunch while I watched Golf Channel, or Price is Right on my U-Verse tv at my desk! Survey was always 5's... — read more
ATT basically traded equity for debt to reduce debt??
Can someone explain this deal please?? Nett worth of ATT before the deal ( 2015) was say X based on ATT's book value w/o good will. Nett worth of ATT after the DTV+TW deal was Y-debt(150B$?) where Y is the combined book value w/o GW. .. — read more
Tomorrow March 8 will be the last day for several hundred in Financial Billing
In Oct 2019 it was announced approximately 1200 jobs were outsourced to Accenture. Over that period many have left through MVO or attrition. A large number got their 14 day notice on Feb 22 and leave tomorrow. The billing problems and Accentures... — read more
https://mobile.reuters.com/article/amp/idUSKBN2AX2IV
Randall S. Joins Walmart board (to destroy it with brilliant acquisition strategies?)
I heard news is Hitting CWA 3104 on Friday.
Anyone else hear news on this
More AT&T Stock Bought by Elliott
It looks like Elliott is buying more T stock last week
2021 Retirement Webinar
I’m not promoting any company here, just thought for those caught up in the 2021 retirement issue might be interested in listening. I hope the link works... — read more
Does the market really determine salary?
How many people believe that Randall Stephenson's salary and retirement package reflected the market value of his contribution to shareholder wealth? Because that is the fairytale that we have been told to believe that justifies income inequality... — read more
SEC accuses AT&T of selectively sharing investment info with analysts
CNBC: SEC accuses AT&T of selectively sharing investment info with analysts. https://www.cnbc.com/2021/03/05/sec-accuses-att-of-selectively-sharing-investment-info-with-analysts.html
AT&T, employees charged with ‘selectively’ disclosing information to Wall Street
SEC has filed a law suit. These execs at AT&T are corrupt, underhanded and liars. They think employees should be removed- the Board and execs should be... — read more
Historically bad moves
Just as someone has already written, this company has made historically bad decisions. Ever since I started working here, I couldn’t help but wonder about some of their business moves. Every one of them went to the detriment of this company and that... — read more
Wire techs DTV Future
What does the future hold for us legacy DTV techs? This company continues to treat us the sh*t, now we have to try and build up our brand and probably be tossed out like garbage!
Basic Company Paid Life Insurance.
In response to this earlier Posting: https://www.thelayoff.com/t/19D8mt19 I retired in 2018 as a Level-2 Manager. Today (03-05-2021), I also received a letter in the mail announcing that the BASIC Life Insurance has been reduced to a Flat... — read more
Awesomeness
Pure leadership genius: https://www.theverge.com/2021/3/3/22310994/att-directv-uverse-spinoff-sale-television-hbo-max-deal "Six years, 54,858 layoffs, two mergers, and nearly $175 billion later, AT&T is only marginally closer to streaming TV... — read more
Directv will be an improved product once it's untethered from AT&T
Yes linear tv and cord cutting are real. But the biggest drag on DirecTV the product has been AT&T, hands down. Upper management for the spinoff have a cohesive idea what needs to be done to salvage what's left, and the alluded to top priority is... — read more
Nothing as advertised
The longer you work for T the more you realize no one cares about your career. I’ve been here for over 3 years and what I've learned in that time is that the company does the OPPOSITE of what they say or promise. As a nice little bonus, management... — read more
Some segments of the company will be sold off?
The rumor about Microsoft buying ATT made me laugh, but on the same thread someone mentioned that they still believe that some segments of the company will be sold off. I doubt that could happen, at least not in the near future, but I am... — read more
Less and less motivation to stay?
This company forces people to leave on their own by taking away their benefits. I certainly didn’t work here because I liked the toxic atmosphere, the stress, and being overwhelmed with work, but because of some benefits. Little separates ATT from... — read more
Do you feel that your work doesn’t really matter?
Because of this, I wanted to leave the company shortly after I started working here: The hardest part, in my opinion, is feeling that your work doesn’t really matter. You will work on a project for months for it to die. After a while, it can... — read more
The strategy is clear
Everything and everybody that can be cut will be cut. Everything and everybody that can be outsourced will be outsourced. We'll keep gambling by acquiring even more companies in hopes one of them will prove to be the magic bullet we've been... — read more
Hollywood blackballing Stankey and he brought it upon
Himself. They will have to vastly overpay for mediocre talent and the A listers are snubbing ATT productions.
Thank you Stankey and Santone
Your webcast was powerful and insperational. Cost cutting is what is needed to make AT&T great. Now, let us get real. John, how much of debt would we need to cut if the C suite had not made so many blunders in the last few years. I said your... — read more
Farewell Sunday ticket
Amazon in Talks to Carry Many NFL Games Exclusively on Prime Video https://www.wsj.com/articles/amazon-in-talks-to-carry-many-nfl-games-exclusively-on-prime-video-11614805362 Mr. Stankey has been quoted as reporting that he has identified AT&T's... — read more
AT&T promised a TV revolution — instead, we got a giant mess.
https://www.msn.com/en-us/money/companies/at-t-promised-a-tv-revolution-instead-we-got-a-giant-mess/ar-BB1ecvBd
Midwest Wireline Enhanced SIPP offer
Any truth to the rumors of another enhanced SIPP offer like they did in June of 2020
Stealth layoffs
We all get worked up about big waves of layoffs that take place. We feel stress and fear awaiting those big waves and we all have a strong sense of relief when such waves pass. In those moments we seem to forget that layoffs are an everyday... — read more
Congratulations to T employees of Government Solutions for escaping!
You will no longer have to suffer under the Stinky reign of terror. You are free of T toxic environment. Tyto must treat thier employees better than the Stinky! One of the few places in T that cannot be outsourced! Few of us will be so... — read more
Companies under AT&T umbrella
Where to find a complete list of AT&T owned companies?
Did anyone else not get their bonus info yet?
My manager said I was impacted by an error in the system and that is why I don't know what my raise or bonus will be yet. In fact, our meeting is Friday, by which time I should have my bonus in my checking account! In my fantasies, they decided last... — read more
CWA D3 Q2 Surplus rumors?
Any rumors on the surplus announcement coming in 2 weeks?
If you get hit with involuntary early retirement - does severance float you until lump sum and 401K kicks in?
Last year people only got 14 day's notice until off books. Then I think they also got severance, based on how long they worked - with the cap being six months. Anyone that has gone through this, was the timing of paychecks good enough to keep you... — read more
Retirees to expect more reductions?
The real issue is that most retirees are being forced into a benefit reduction they had not planned for. It’s called takeaways, nobody that I know likes takeaways, especially since its due to mis-management of T. It’s called lack of financial... — read more
New midranges
I am trying to understand the new midrange logic and what 80% of the midrange means. Does it meant 80% of the midrange amount OR 80% to the midrange from the low end of the range? Those numbers are not the same. I read the FAQ and it is not clear and... — read more
Stankey sure can make great deals
Pity it's not for us, but for other companies. "For TPG, the deal with AT&T allows the firm to get a 30 percent stake in the video business for just $1.8 billion in... — read more