Great article https://seekingalpha.com/article/4370172-t-losing-relevance-in-key-markets Not so long ago I thought the strategy was relatively sound but kept face planting in execution - maybe it was a flawed strategy all along 3rd in wireless... — read more
ATT IP address is now blocking theLayoff.com
Anyone else suddenly getting a denial when trying to access this site from your ATT computer? I suspect my computer is being monitored . Anyone else have this issue?
Is AT&T laying off due to COVID19?
This has financial implications. You can avoid the 10% surcharge on 401k withdrawls. Really in need of documentation required or what to say.
To the Future
For those who were laid off what will you tell future employers in an interview? Was at the company just over 3 years and looking to switch industries...looking for any advice or thoughts.
Next Round of Layoffs
Any word on upcoming layoffs in the coming months. I’m sure there will be some unreliable and off the wall responses to this post, but anyone with any real knowledge or information, please ignore those and respond.
Legal Action?
Anyone have knowledge of lawsuits that have been filed or attorneys that are taking cases?
Working Here is Bad for Your Health
All the stressing in the past several months has pushed my blood pressure through the roof. I'm not sleeping well, I'm not eating well... I honestly think quitting and just getting a job flipping burgers would be better for me right now than this... — read more
Who determines who gets laid off?
Do direct supervisors get the final say since they are the ones who are supposed to know best who are the real contributors and who are not or is it somebody up the chain who knows nothing more about the people he or she is deciding on than their... — read more
Pension vs 401 Matching. Why the company selects to cut one first?
Is there a reason behind deciding to remove company matching (401k matching is very common) vs removing pension contributions in future (pension is less common in other industry). This doesn't seem like a straightforward decision. Maybe someone... — read more
ATT trying to save face while screwing American Workers
ATT is a global Telecom company, but make no mistake, it is first and foremost an American company based in Texas. The public has no idea what the company has been doing the past decade, which is getting rid of American jobs. Nonstop moving of jobs... — read more
Management Compensation
I retired recently, but still keep in touch with old colleagues - many are friends and even neighbors. I remember at least 2 occasions when they talked about how compensation was set. At the working level, they compare salaries with a mix of... — read more
Adios 401K - Elliott playbook creeping up
As companies like exxon start cutting match it is obvious T 401k matching may be on the chopping block https://www.marketwatch.com/story/employers-start-to-suspend-their-401k-match-2020-04-21
Warner needs 500 Managers to go
Just received a text on Richard Tom’s group More solid sources tell me Warner has bid news in the two weeks. It has been discussed their are 1000 managers and 5000 direct reports. This is the issue as I am hearing 500 managers need to go on... — read more
Why is AT&T now deciding to increase diversity
Att is now deciding to make diversity important. Is it because it looks good while they are laying people off?
Man Arrested on Charges of $21 Million H-1B Visa Fraud Conspiracy
https://www.justice.gov/usao-edva/pr/man-arrested-charges-21-million-h-1b-visa-fraud-conspiracy
C/E is planning a huge 4 year overlay project.
It’s a good thing don’t get me wrong. There will be hiring, but they just slashed thousands of jobs just last year. Does anyone really have a plan for long term in Dallas?
Glassdoor
Just finished my 2 star review of this horrid company. I encourage others to do the same since they just posted about 50 “5” star reviews that were obviously “coached”. One way of warning people before they sign their life away to the T for... — read more
Like if Freddie Freeman tried to get the usher fired so he could make a few extra bucks
Can you imagine that happening? Yeah, neither can I. But that is exactly what happens when these $30 million per year millionaires lay off people making $70,000 per year to make their stock price go up. Classless!
COR issues
Why, buy just why cant the uppers listen to the front line people! The ones who deal with the issues of the BS of the companies bad mistakes! Customer faces employees deal with the public one on one and the issues. Would be nice if someone cared... — read more
First Layoffs, Now a Pension Freeze?!
WTF! I swear AT&T is doing its best to disrespect its employees at every turn. First they announce a layoff, ship jobs to Tech Mahindra overseas, and now a pension freeze could be on the table??? How could they possibly expect to bring on any top... — read more
Closing in on four months until RS is gone and off the Board of Directors!!!
That will mean there will be two slots for management on the Board - Executive Chairman - an actual employee, and the CEO. No need then for a Lead Director which will open up a seat since M Rose will likely retire. Any thoughts or rumors on who... — read more
AT&T Decimated by Sr. Executives & Technocrat Mgmt Consulting Co.'s
Although this article was published a while ago, it describes exactly what's happened at AT&T, and the loss of middle management jobs, which losses are in turn decimating the middle class, as the same pattern is repeated throughout corporate America... — read more
Falling MeAT&Teorite
AT&T has the cash flows to support the stock price at $30 and pay a 7% dividend yield? yes...but The company doesn't necessarily have the market position to control their future, and the won't, see the utter failure of Warner Media and their firing... — read more
AT&T SpellS failure, too hard to manage
AT&T: Losing Relevance In Key Markets T-Mobile claims the #2 domestic wireless provider position. HBO has already fallen into an irrelevant position in the video streaming category before launching HBO Max. AT&T should continue missing... — read more
ATT MX nonsense!
T in Mx is recycling obsolete and incompetent leaders making them VPs and C-suite at the same time! None of them making any difference or showing any kind of potential, nor they are accountable of performance of their people or that of the... — read more
misery loves company-600 layoffs at Warner Bros begging Monday
https://variety.com/2020/tv/news/warnermedia-layoffs-warner-brothers-hbo-1234729976/
Give me my ESIPP ... so I can leave knuckleheads ...
Keep paying me to do nothing ( not by my choice ... there is less and less work to do ) or pay me to leave ... With interest rates at or near record lows, you would think or genius leadership could figure out how to pay a lot of people to leave... — read more
Culture change comes from the top. 90 percent
Of the employees have zero respect for Randall, John, and The Board. End of Story.39
Retail begging for Google reviews
I know this is not lay-off related. Retail stores are practically begging customers for Google reviews. There is even a daily quota. And guess what reps are calling. Friends to get them to give good reviews.
CWA
Cash Without Accountability Pay your dues to keep this c-ap union alive. Stop paying your dues to fill pockets of yes men and women
Notice Received today
Welday>Choy org (Broadband). LDOP 09.03.20.
stubborn embattled Telco not negotiating
Broken in square HBOMAX projections and positive spin that AT&T T put on the launch of HBO Max does not reflect the reality as demage vontrol guru.. John T. Stankey, stated that, “HBO Max IS STRONG, on track to hit its targets and that the product... — read more
Repeated post on severance
I could not find a way to search for this so bear with me. For the ex T folks, how long after you came off payroll did it take to get your severance payment. was it a check or direct deposit? thanks.
when does at&t buy a garbage company....
that type of acquisition would fit it real smooth, integration would be seamless.
No sports. No College football. So why hasn't my cable bill been reduced.
Licensing fees paid by cable networks to sports leagues (NFL, NCAA etc) make up the majority of your cable bill, whether you know it or not. Even if you have NO sports packages and watch NO sports, you are subsidizing sports on cable. So why is... — read more
ANOTHER EXECUTIVE ABANDONS THE USS STANKEY
Kirk McDonald is leaving AT&T’s advanced advertising unit, Xandr, to become CEO of North America for WPP’s GroupM ad-buying unit. McDonald was Xandr’s chief business officer, and had also been serving as interim head of the business since Brian... — read more