They just said there will be big changes to the Management Compensation Plan in February. Mo seemed to be shocked that it was dropped on the call. Not that I expect anyone to have anything other than speculation..but just something else to think... — read more
"Employee Lifecycle" departments
A sign that layoffs , reorgs, negativity and employee antipathy is the T culture. The massive surplus human resources organization is the icing on the cake.
Accelerated timeline for A&D/Amplify
Has anyone in ATO gotten this notification? Our Director sent out notice yesterday that all Amplify writeups need to be in by this Friday (11/6) with supervisor ratings in by Sunday (11/8) and comments by 11/11.. From what I'm able to tell, this is... — read more
It's Going to Be a $52B Loss on DTV Deal
https://finance.yahoo.com/news/t-mulls-sale-directv-stake-090417512.html
This can't be for real, can it?
With the company also having a very large debt pile, there are some out there who believe the company's sizable dividend is unsustainable. Fortunately for investors, that's not really the case, and in fact we could be hearing next month about... — read more
Never any good news
You would think that at a company with the size and scope of AT&T, there would be some pockets of good news, along with the challenges. There never is though. What hell sort of dysfunctional operation is this place? Asked by a relatively happy, 20... — read more
Stock Price
We really need to get the stock price up to the high $30’s, at least. We all have a strong financial interest in this. Just remember, the company match portion of your 401K is awarded in the form of T stock shares.
So DirecTV, ATT TV Now, and Uverse being sold?
https://www.cnbc.com/2020/11/03/att-considers-selling-significant-minority-stake-in-pay-tv-business.html
AT&T cuts more than 8,700 workers in third quarter amid COVID-19
https://www.bizjournals.com/dallas/news/2020/10/24/att-third-quarter-cuts.html Haven't seen any coverage or mention of this.
I Was Wrong: AT&T Is Struggling Just to Give HBO Max Away
https://www.fool.com/investing/2020/10/31/i-was-wrong-att-is-struggling-just-to-give-hbo-max/
Starlink is coming
Anyone in the internet side of the business needs to be prepared for Starlink that could take a sizable chunk of this business. This could be another game changer from Elon Musk that could lead to more layoff for AT&T. They expect to be launching... — read more
Any chance this might slow down WM layoffs?
AT&T said Monday it completed the sale of its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to Liberty Latin America, taking in $1.95... — read more
Jeff Mackerel Fish
Does anyone even listen to this clown’s town halls anymore? What a waste of time. I don’t think he even believes his own bs.
Does anybody WORK here?
May show up, but do you WORK? Do you merely show up to collect a paycheck? Responses please.
Best situation to handle layoffs
If you are laid off, your best hope is that the economy is in good shape which will automatically mean that there will be more job openings available for you to move on to. It also means that there will be a healthy number of recruiters and... — read more
Mex layoffs?
any layoffs coming to ATT Mexico? is T selling attmex?
pockets of low morale
At the McFreshy townhall, he claimed there were just pockets of low morale. Must be a pretty big pocket. Also put a couple of other exec types on the spot asking if there were morale problems in their orgs. Both danced around the question.
Finance
they have me blocked because I tell the truth.
Another Exec jumps ship
These guys are seeing the writing on the wall! https://www.mobileworldlive.com/featured-content/top-three/att-iot-exec-penrose-heads-for-door
When You Have Money to Spend...
You can hire Chris Rock to tout your 5g network and upsell iPhone 12...that is, if you are Verizon and have the money. If you are in debt, you bring back Natasha from the Rocky and Bullwinkle show and have her push foam 5G props around a fake... — read more
More significant layoffs coming Q1 2021
While all seems quite going into the winter , it seems the business community is already expecting reductions come Q1 2021 . After the election and during Q4 earnings call we'll have a clear idea how this are going to be broken out.
Finance
Any rumors? 3rd and 4th levels leaving and radio silence with it.
wholesale
There is no information, same old people keeping their jobs and doing nothing. Wholesale.
A lack of comment traffic lately Whats up???
What's up - nobody has any new posts or replies to existing posts. Is it that dead regarding the various organizations or no new inside news? Are there any new layoffs currently happening? No recent executive departures - either voluntary or... — read more
T Stock at a Five Year Low...
Over and out.
Fox Business speculating on sale of CNN
Interesting segment this afternoon from Charlie Gasparino on Fox Business where he was stating there is a lot of banker speculation around a sale of CNN to Bezos (Amazon). At the end of the day though, just his usual schtick where he does not seem to... — read more
Cutting jobs does not cut expenses?
As I assumed, ATT job cuts won’t lead to significantly lower costs. I just read an analysis about job cuts in a company that didn’t yield any significant results in overall cost cutting. Here is an article if someone is interested:... — read more
More job cuts before year end...?
Does anybody know if there will be anymore technician jobs cut from the Chow organization in this last quarter before year end? Curious and uneasy minds want to know!
Removing The CEO (OCT 26, 2020)
In almost thirty five years of working on boards, the hardest decisions I have had to make involve removing the CEO. It is an important decision and one that must be made from time to time. I am not a fan of removing the CEO until and unless it is... — read more
Fair or grounds for grievance?
Out here in Cali, certain areas, were told that some IP techs are being dismissed from doing DTV jobs now and told to remove dtv supplies out their vans. On Friday 10/23 emails were sent out to techs who were chosen not to do it anymore but a few... — read more
How you manage losing 3M subs every year, and keep lying about the business?
"We are rounding the corner" said Stinki, AT&T premium television losses mount, The company has lost nearly six million premium television subscribers in the last two years. That includes DIRECTV, U-verse and AT&T TV subscribers.
On diversity
Postings on how diversity quotas are being used as corruption down in ATTMex are being removed. Yeah, come see how this rats' nest is all about incompetent people promoting incompetent people. Corruption and cronyism all over this place with... — read more
Wow sam’s club mobile phone sales
Man they are just about tackling customers to buy mobile phone service only with att. Getting very aggressive. Must be getting pressure from he stank. Nice to tell them I will never buy anything from att again. Better stop their aggressiveness... — read more
I could think of more than three, but it's a good start...
I've defended AT&T plenty of times, but it's becoming impossible to ignore some of its bigger problems. Let's review three major issues with AT&T, and why they're shaking my faith in this Dividend... — read more
Cultural obstacles and language barriers
It could very well be that I am just an obsolete dinosaur, but my experience here, over the last 10 years, is that dealing with technical details is very difficult in this environment where there are multiple cultures and native languages in play. Oh... — read more
Who will buy this
Q1=1M Q2=286K Q3=670K Q4=? DirecTV loses video 2M subscribers in 3 Quarters
9000 Jobs Vanished. Worth reading!!!
https://www.lightreading.com/aiautomation/atandt-ratchets-up-pace-of-cuts-as-9k-jobs-vanish/d/d-id/764879?_mc=RSS_LR_EDT
Be Strategic
After going through multiple surplus and large scale outsource deals with AT&T for the last 10 years (some were not known outside of our business unit), I personally got into the mindset to save more and live on less. It also doesn’t hurt to get a... — read more
AT&T announced that the financial results for the third quarter were Stellar results
In some alternate universe investors should be incredibly pleased. https://seekingalpha.com/article/4380992-ts-stellar-developments