There will be a mass exodus due to the benefit changes. Loss of knowledge base and skill sets will cause more rework and re-hire of employees as contractors. Mark my words.
Q4 Results
After a mind numbing disappointment, over 17,000 employees cut and Randall gets to not only have a $250,000 a month stipen for the rest of his life he also gets a 1 million dollar consulting fee! This is how performance is rewarded? m-r-j-a-a is not... — read more
Do not give it your all
The only thing you're going to get as somebody who stands out among a bunch of employees who revel in mediocrity is more work dropped on your desk. And if you manage to do that as well they'll just keep adding more and more. You'll never get any... — read more
What's with the constant rotation of managers?
I just got a new manager this week, that's my third in the last eight months. I don't know if the other two quit or left on their own or were transferred somewhere else (I didn't care enough the first time to ask and this time nobody seems to know or... — read more
ARS Technica broad overview of AT&T Q4 2020
AT&T eats a $15.5 billion impairment charge... https://arstechnica.com/information-technology/2021/01/att-eats-a-15-5-billion-impairment-charge-as-directv-debacle-continues/
so the pandemic helped everyone else except for the dumb AT&T
DTV and HBO lmao. what a strategy....the whole company is filled with id–ts
What is everybody complaining about?
We beat earnings, what else do you want? Can we be happy about some good news for five minutes before people start complaining about anything and everything again?
We are doomed with Stankey
This guy is incapable of admitting when he's wrong. He's incapable of seeing any of his moves as being anything but great. He'll just continue to do what he set out to do in the first place, screw everybody else. And for as long as they let him do... — read more
Stock is going to $25, you are what your record
Says you are. Bringing back Randall the chief architect of $150- $200B shareholder losses should be good for $25. Chalk it up.
Stankey on DirecTV/Warner: exactly what we expected
"We took a 15 billion dollar writeoff on DirecTV, but that's what we intended when we bought it." "Warner is doing sh***y, but none of it was our fault." "The only parts of the business that did well are what every one of you told us:... — read more
ALL Wiretechs(D) cancel all union dues!
Please listen! Cancel all union dues! The union and the company want to give all wire techs up to $6500 cash bonus, only if you are part of the CFO! If you are a wire tech and are Directv you will not get nothing l! Cancel and depart from the union!... — read more
AT&T LinkedIn Post on Healthcare
AT&T posted this video on Linkedin about healthcare prices rising during the holidays. With no mention of the fact that they were planning on cutting retiree healthcare benefits after the holidays!... — read more
Online technology training
Looking for feedback on online technical training - specifically software development - which site(s) do you think provide the best experience. I have used udemy and linkedin training a few times...any others? TIA
Retire or stay?
With the changes made to management healthcare effective in 2022 and the always downsizing potential to be downsized, is smarter for a 51 year old manager (who has the rule of 75) to stay with the company or leave in 2021? I can’t afford to retire... — read more
Pension
Can I withdraw my pension even though I am still with the company? Asking bc of the whole Covid thing so seeing if there’s a rule or exception
Good news!!! - He's back. (Randall)
CONSULTING SERVICES AGREEMENT Commencing on January 22, 2021 and continuing through January 21, 2022 (the “Term”), Randall Stephenson (hereinafter “Mr. Stephenson”) shall provide consulting services to or on behalf of AT&T Management Services, LLC... — read more
Is this week safe or not?
There was talk about layoffs at the end of January a while ago, what happened with that? Any news? Are we safe this week or not?
Is it true that someone can be in surplus for years?
So, I have been advised that if you are surplussed never to take the buy out offer and make company offer you a job (make them make a play). Is it true that they will keep someone in surplus for that long? It sounds too good to be true.
Hypothetical Pension Question
On the rule of 75 I am at 70 or so. If my Pension is 200K lump right now what are the benefits of getting to that rule of 75? Is there some multiplier in there has my pension jumping from 200K to 300K instead of simply growing to 210-215K? I know... — read more
Vaccine
AT&T deemed many employees essential during onset of COVID-19, why are we not seeing anything that provides access to a vaccine that would protect those same essential employees? Sounds like a class action case waiting to happen as we are only... — read more
4yrs ago
I remember approx 4yrs Big Corp got a nice tax cut of 7% we all got a $1000 bonus and At&t said they could hire 10,000 more people! Now 4yrs later over 15,000 layed off and this new President wants to from 21% back to the 27% tax! Hold on to your... — read more
AT&T earnings to kick off a defining year for telecom giant
With this leadership, I wouldn't hope for anything good to come out of this year. AT&T Inc. is at the beginning of a pivotal year as it tries to navigate the pandemic and... — read more
The hate is strong
I've been going through posts here and noticed that hate towards Stanky is mighty strong here. Not that he doesn't deserve it, Mr. "Nobody knows more than I," but this is some next level sh–. Even when he does a rare good thing there's no winning... — read more
AT&T gains on report of talks to sell minority DirecTV stake to TPG.
Seeking Alpha: AT&T gains on report of talks to sell minority DirecTV stake to TPG. https://seekingalpha.com/news/3653675-att-gains-on-report-of-talks-to-sell-minority-directv-stake-to-tpg?utm_source=news.google.com&utm_medium=referral
Be prepared
Major store closings and layoffs at Verizon, I'm betting you we'll be next.
W-2 forms now online
I just downloaded my final W-2 from access.att.com
RSC's now assist in home internet installs
Here in the midwest we lost so many installers due to layoffs that when we sell internet to some people, not everyone, we have no install dates available to use. We can only select mailing the self install kits. Which is fine unless your customers... — read more
Recent Layoff History
Go read some AT&T articles on Light Reading or Fierce Telecom and see how many employees have been involved in layoffs or early buyouts. Over 47k and counting the last few years also changes/reduction in benefits below the C-suite all while they are... — read more
Working on an AT&T Story...
Hey all, This is Mark Dent, a journalist with Texas Monthly. I'm working on an in-depth story about AT&T as it goes through lots of restructuring and moves to disrupt the entertainment industry. I am trying to get lots of perspectives from... — read more
No Unemployment Benefits due to Severance Payment in TX
In case anybody is wondering if a severance payment would disqualify you from unemployment benefits in the state of Texas, I just received the decision from TWC that Yes, that is the case. e. if you received 6 months salary in severance, you need... — read more
Maybe Stankey is on to something after all
https://www.fool.com/investing/2021/01/20/disney-joins-att-in-the-war-on-theaters/
Telco Employee Liquidation Sale!
https://www.lightreading.com/aiautomation/atandt-ratchets-up-pace-of-cuts-as-9k-jobs-vanish/d/d-id/764879?source=news_body_link
Layoff document
https://imgur.com/a/aohAZdL
Layoffs in Slovakia
Frankly, I didn't even know we had Slovakia workforce, but I'd lie if I said I wasn't happy it's them and not us. if that makes me an a–hole, so be... — read more
MOD 75
With the elimination of the HRA and the discontinued pre Medicare subsidy what will be the benefits of hitting MOD 75?
AT&T W2
Does anyone know when we’re getting our 2020 W2? Last year we got it early January. This year it has not come