It easy to blame our leader every time there is a setback. The business plan was and is solid. Is it John’s fault that some disgruntled employees refuse to execute on his vision? You folks have no idea how hard he works. A little patience and... — read more
Does AT&T fall under the Private sector or Public Sector?
Apologies for question of topic not regarding layoffs. I’m wondering because in California AT&T is regulated as a public utility. Is AT&T covered under the Families First Coronavirus Response Act at least in California?
Company is failing
Attempted sale of DTV again... proves this company is lost and doesn’t know how to compete with Verizon and T-Mobile, just look at the stocks. T stock has no momentum at all and it’s been like that even before I started with the company. Was gonna... — read more
What is Elliot's Strategy Now???
So Elliot sold all of their AT&T position. They also sold much of the rest of their portfolio. They also bought a very significant number of ETF QQQ Put Options. QQQ is a large-cap growth ETF with large positions in the FAAGM stocks (Facebook, Apple... — read more
Remember the pitch on why we need to buy Time Warner?
Because we got network already. Because we got distribution already (DirecTV and a few Uverse) And so we get content. Now we lose distribution (other than few ATT TV customers, who knows how many - they are too embrassed to share numbers). ... — read more
randy has created value, it's just the competition that has cashed in
on his decisions. DTV overpaid by 100% Tmobile, flubbed merger, $5B and spectrum worth a lot more TW years in court poor integration, nobody is signing up for "HBO Max", loss of all creative leadership this place blows
CNBC Reporting that AT&T is in Talks for DirecTV Sale
The potential buyers are private equity bidders.
AT&T Again Exploring a Deal For DirecTV
https://www.wsj.com/articles/at-t-again-exploring-a-deal-for-directv-11598645254 Updated Aug. 28, 2020 4:27 pm ET Telephone giant in discussions with private-equity bidders for satellite-TV business wounded by shift to streaming... — read more
ATT Exploring Options to Sell Direct TV
The news is reporting ATT is in talks with two groups about the sale of Direct TV. Let’s see if many billions are lost on this sale. Another failed decision by our leadership.
More rumblings about Directv sale - Directv now could be worth only $20B vs $49B paid for it
https://www.morningstar.com/news/dow-jones/2020082811808/att-again-exploring-a-deal-for-directv
DTV bought for $49B, will get less than $20B
can't make this up. Randy is 0.0 on decisions
Who Helps Select Those to be Surplus?
Who exactly has any input on who within a team ultimately gets selected for surplus? I presume that HR collects certain data points on people that would be considered a prime target, but does a Level 2 or 3 managing supervisor over a team of people... — read more
Make Smarter Investments, Grow Your Profits Get ready to beat the market with Seeking Alpha premium.
https://seekingalpha.com/article/4371300-t-growth-investors-nightmare
ATT Mx daily basis
ATT Mx perfect example of sh–ty and incompetent layers of top "leadership" : CEO : not a f—ng clue of what she's doing. CIO : a complete clown evading accountability while harassing and boot-licking his way up and maintain its position; not... — read more
ATT only knows how to "Lead from Behind"
ATT is not a cutting edge technology company! The only cutting edge it ever had was Bell Labs, 4ESS/5ESS! It trys so desperately to keep re-inventing itself, but as usual always fails at every endeavor! I've been with this company a very long... — read more
Dc Comics Final Chapter
it stands, 20% of DC’s staff has been laid off, and Lee states that “the bottom 20%, 25%” of low-selling DC comics will be canceled. It’s a dispiriting situation. https://www.dailydot.com/unclick/dc-comics-layoffs-jim-lee/
Terminations due to fraud recently
Overheard on a call that several managers and reps were terminated recently due to fraud. It supposedly happened in the Northeast. Any info on this?
HBO Max - Any wonder why it's not a top 5 SVOD service
I work[ed] for AT&T and I am still confused by all the variations of HBO and how you can't get them! https://www.fiercevideo.com/video/tivo-dvrs-will-lose-hbo-app-at-end-august TiVo DVRs will lose HBO app at the end of August TiVo is... — read more
Heads up to the younger generation - Use what’s happening at AT&T as an example.
Realize that the Social Contract has been broken in this country. Once you hit 50 y/o, you become a liability, and will likely be tossed out. Manage your financial life with that sad reality in mind. I am very happy that I listened to my parents on... — read more
why T stock remains -.020% Red lows?
below $30 while many others are flying in the green ..Highs?
Chris Rice was made irrelevant after contracts cancelled with Lumina Networks.
NO one walks from 25 years of service, so I suspect that the remaining AT&T team will be broken up and hired by respective carriers who need ongoing support and maintenance. This is the unfortunate end of an era, that of the pure-play SDN... — read more
OP breaking Down the Elliot position & How this happened?
https://whalewisdom.com/stock/t the analysis, represent a loss of 23% aggregate when AT&T rallies after Paul Singer’s Elliott Management $3.2 billion of AT&T stock and says the company could be worth at least $60 per share...... that's right... — read more
Overlap At Warner
There will be major layoffs at WarnerMedia when they combine Warner Bros. Pictures and New Line Cinema. There is so much overlap in what they do that it will essentially be one side being wiped out. Makes sense given the total output for both... — read more
Greedy Corporations Freezing Pensions
These greedy corporations are freezing pensions left and right. This started happening way before Coronavirus. They’re looking for any way to take their employee’s hard earned benefits. It makes sense that AT&T would follow along... — read more
The actress who plays AT&T's Lily is facing waves of online s-xual harassment, including manipulated images and objectifying memes
https://www.yahoo.com/news/actress-plays-ts-lily-facing-163141704.html
Elliot is Gone! No leverage, no catalyst, no pressure on the Board of Directors!!
John Stankey can now set his own agenda without interference. Terrible news that Elliot sold their position. The Board of Directors will appoint some lackey as Exec Chairman and both that person and JS will be in power forever!!! There is no hope... — read more
Millennials are screwed
“Most workers are counting on Social Security as a meaningful source of income in retirement, the system’s trust fund will deplete its reserves and will only pay part of its old age and disability fund obligations beginning in 20 years, according to... — read more
The Accenture Deception ILLEGAL
AT&T, Accenture Joined forces to Transform AT&T Consumer Sales and Customer Care, multi-billion-dollar agreement in which the firms will transfer teams to transform AT&T Consumer’s long distance sales and customer care operation. The “co-sourcing”... — read more
NEO's No Meeting Fridays
Looks like the fear of taking vacations have finally caught up at T. Their solution to forcing us to take vacations.....No Meeting Fridays!!!!!
25,000 Jobs Accenture is reportedly cutting to reduce costs.
https://www.thestreet.com/investing/accenture-to-cut-5-percent-of-workforce-25000-jobs
Vacation?
Vacation? I was surpluses in July. If I am hired by AT&T within 6 months of that July off-payroll date, will my vacation time be restored to what it was (4 weeks) or will it be set back to 2 weeks like a new hire?
Accept this place for what it is, or move along.
I found myself bellyaching about the destruction of the company, and the handoff of our careers to the foreigners, but I realized nothing is going to change. The trajectory has been set. It’s normal to long for the “old days”, but they are gone... — read more
Chris Rice leaving
president of network infrastructure and cloud jumping ship
Missed this-Elliott Management Corporation closes position in T
Elliott Management Corporation closes position in T / AT & T, Inc. May 15, 2020 - Elliott Management Corporation has filed a 13F-HR form disclosing ownership of 0 shares of AT & T, Inc. (US:T) with total holdings valued at $0 USD as of March 31... — read more
Where will AT&T be in 5 years?
What's your prediction?
Is this this place falling apart faster with each passing day?
It seems that almost every day, there is some horrific bad news that seeps out about AT&T, and none of it is good for business, the employee or our benefits. It seems to be falling apart faster and faster as the end of the rotten year approaches. I... — read more
Firing to hire?
Is T firing to hire?? Sales? Lower wage, harder working techs?
Well If It Doesn't Stank....ey
"The top choice...was Netflix (NFLX) at 41%, followed by Amazon (AMZN) Prime Video at 28%. Then came Hulu at 20%; cable TV, at 19%; Disney+ at 17%; and HBO Max at 7%." Good job Stank your HBO Max came in last place of consumer demand at a dismal... — read more