for anotger exvuse, Warning that COVID-19 May Slow 5G Pickup Placeholde, as they tempered some expectations for 5G adoption this year due to the COVID-19 crisis, LoL “The factors have all changed and yes, the consumer may consider putting off the... — read more
Bio Reference Labs doing employee testing
Looks like all employees will be tested that work in retail stores. OPKO Bioreference just put the news out. ?
lump sum payout
previously when I would check my Fidelity 401 and pension specifically lump sum at different ages ie 58,62,65, the lump sums would increase with age now they are declining has anybody else noticed this. Spoke with Fidelity they confirmed this and... — read more
stinky: AT&T’s SVOD and Linear TV Platforms to ‘Become One’ in Future? , stock goes down
Stinky has 35 years of screwing up the company by being a big JERK! He got thrown out of California for trying to inflate numbers so he could look good! He had the moral in California so far down with his games and numbers racket that the upper... — read more
Cold calls
They are having every rep in the NYC area doing 15 cold calls per day Which I absolutely hate. This is all so the company can make money and prevent stores from closing? Any comments to what’s going on at AT&T?
Who is IT?
Excuse my ignorance but when they say IT is going to get hit with layoffs, who are they talking about? What systems are going to be retired?
Stanky tell of decline in aggregate? what? LOL
DirecTV and WarnerMedia are seeing “probably a 20% decline in aggregate” in advertising sales at present, given the economic shocks caused by stay-at-home orders. Stankey’s macro-level view of TV being in a “transitional moment” from linear to... — read more
Cuomo is right, corporations to use pandemic as layoff reason
Cuomo claims major corporations drafting pandemic layoff plans.. https://www.reddit.com/r/finance/comments/giy148/this_should_go_here_careful_guys_and_girls/?utm_medium=android_app&utm_source=share
The price of incompetence in America
https://www.marketwatch.com/amp/story/guid/7A54BBAE-939C-11EA-BFB2-DE7CC0F16A90
this has been 4-5 years in the making, plan 2020 is finally happening
company will end up with 80-100K employees total, that was the plan.
This! So much this!
All the added task, policies, new systems, continual updates, meetings, emails, town halls, videos, spreadsheets, red tape and micromanaging is due to a lot of non essential positions trying to justify their jobs. The L1’s and craft can’t focus on... — read more
Can we trade?
I'd happily take either of the other two guys just to be rid of Stankey, who I'm betting will be the downfall of this company. (Seriously, telling people they are id–ts if they don't get HBO Max for $15 sounds like a real winning strategy, don't you... — read more
Underneath a toxic environment impossible to...
Service the debt Pay the dividend Compete with Verizon and TMobile Compete with Amazon, Disney, Netflix, Apple, Comcast The Dallas Boys played Monopoly and landed on others Hotels while they mortgaged had their properties mortgaged It's over — read more
AT&T PROBLEM
The U.S. population is about 325 million. The number of people with wireless subscriptions has maxed out. and most of us already concluded that AT&T has the worst customer support on the planet, while It may be that the number of people who will buy... — read more
More buzzwords, less results
AT&T strategic Pillars in all their meaningless glory: Connect Protect Virtualize Manage Big Data. ... Content Is King. ... Customer Journey. ... Deep Dive. ... Growth Hacking. ... Hyperlocal. ... Low Hanging... — read more
AT&T CFO Maintains HBO Max Is A “Real Bargain” At $15 A Month
Fifteen bucks a month is too much to pay for anything with the letters HBO in it. I only have HBO now because of bundling. If I gave up HBO I would lose TCM, and Turner Classic Movies is a better value than any streaming service. I love when... — read more
ATO town hall
Mair used the word transformation at least 5 times in the first 2 minutes so you know it will be a bloodbath.
Tracking Productivity at AT&T
I hear that the mgmt is tracking team member productivity and they were surprised productivity increased as a result of team members working from home. Does anyone know how they are tracking productivity?
Any good Executive stories on their arrogance?
JVB home video was pretty laughable.
Cord Cutting Snowballing Faster
People want no contracts and zero commitments. What does ATT roll out? Set top boxes, Contracts, Penalties, and the highest prices. You cant make this stuff up. How long to prepare and launch a streaming service?
What are currently our biggest moneymakers?
I'm just curious which area is most profitable...
They couldn't wait to get rid of the hazard pay
I can just imagine how the decision making on this issue went. The pandemic is far from over but hey - we'll do some mental gymnastics to convince everybody that things are so much better now and everybody is safe and can come to work and sing... — read more
Managers, Senior Tech Directors, AVPs - gone
will not be in the new org. span of control to be 15-20 direct reports. moving "executives" closer to decision making, closer to the front lines. VP i Director i ICs eom
Retail
Had anyone heard anything regarding layoffs in retail stores?
AT&T boss retires with $274,000 a month for life
https://finance.yahoo.com/m/9423e52c-044f-3240-b45b-feebb78d2fa3/at-t-boss-retires-with.html
Future Predictions?
Stankey is going to have an uphill battle but here are my predictions. HBO max numbers will be met by giving away the service. Then when the numbers need to reflect this success, they will cut more jobs to make it look like the company is doing... — read more
Who will miss work from home?
I know we are getting closer and closer to returning to the office and let me tell you - I'm not looking forward to it one bit. Just the commute time alone is enough to have me dreading the move back. I'd be willing to take a pay cut if it meant I... — read more
Retail COBC
Anyone else back to being told to commit COBC violations for sales? Just had my manager tell me if I didn’t want to do an improper sale, then I should hand it to her so she could give it to another rep. Gotta get out of this bull...
First lets FIRE ALL Managers ,Harvard Business Review
Management is the least efficient activity in your organization. Think of the countless hours that team leaders, department heads, and vice presidents devote to supervising the work of others. Most managers are hardworking; the problem doesn’t lie... — read more
CEO and CFO are scheduled to speak to wall street this week.
John Stankey and John Stephens are schedule for keynote addresses this week at different investment bank conferences. I would assume some details will be forthcoming from these events instead of the opaque plans of Portfolio Rationalization and... — read more
What do area managers really do?
Will they be eliminated soon?
Which layers of management disappear?
We keep hearing McElfresh and Morrow say that at&t has too many layers of management, which i agree with. They've been comparing at&t to our competitors, which i assume don't have a similar corporate ladder. I counted from myself to the CEO, it's 11... — read more
WFH norm for most companies
maybe we will adapt it also https://www.yahoo.com/news/google-employees-told-expect-home-004220186.html
June 15 Surplus D3
June 15 Doomsday
Would DTV have failed if ATT didn’t buy it?
I think DTV would’ve been OK without ATT. Now the company is failing and ATT can’t pay its equity partners for the acquisition. Bad decisions by T have and WILL cause 10s even possibly hundreds of thousands of people to lose their jobs. Any thoughts? — read more
Trump doesn’t want to upset businesses , even at&t
https://news.google.com/articles/CAIiEJ1UZjvVXWX4CPr5LaIVBQ8qGQgEKhAIACoHCAowzrL9CjDC7vQCML_L1AY?hl=en-US&gl=US&ceid=US%3Aen
1.5 Billion dollars in cuts of Employee costs in 2020= 15,000 Jobs
This is not Covid-19 related as CNN will probably report this summer when given what to report from Senior leadership as they never covered the last 25,000 layoffs since 2017 and when asked by multiple other media outlets AT&T claimed "We are... — read more
Catch-22
Instead of working on keeping current customers and adding new ones to AT&T TV, the management is determined to make up for losses by charging those who are staying more. Which in turn results in even more people deciding to leave. Which management... — read more
"Con Man" is short for "Confidence Man"
e. - someone who shows unwarranted confidence in themselves or what they are trying to sell you. Sound familiar?
New AT&T CEO Says You're A mo--n If You Don't Use AT&T Streaming Services
https://www.techdirt.com/articles/20200429/11462344408/new-att-ceo-says-youre-mo–n-if-you-dont-use-att-streaming-services.shtml