Topics regarding layoffs at AT&T

Topics regarding layoffs at AT&T

5 Billion Emergency Fund

AT&T seeks $5 billion bank loan to weather virus impactThe talks are reported to be in flux and terms could ultimately change. AT&T is one of dozens of companies asking banks for new credit lines to raise liquidity as the commercial paper market... — read more 

Alert!, Two Downgrades Today, stock new record $26+

Concerns about AT&T Inc.’s exposure to the media landscape are weighing on the company’s shares Monday, putting them on track for their largest four-day slide on record. Analysts at Cowen & Co. and Baird each downgraded AT&T’s stock T-5.91%  to... — read more 

Employee Retention Tax Credits

So Randall is on the "Business Roundtable" of large company CEOs. Last week they sent a letter to the President asking for a few things: Employee Retention Tax Credits (i.e. "we won't lay people off for a while, if you cut our taxes... — read more 

DO THE MATH

Average annual dues to CWA $800 times 270,000. Wow that’s a lot of mullah! What do you get?

DREAM ON

I have a dream - the union suspends dues until the end of 2020 to help boost the members and the economy.............. yeah it’s just a dream, sorry

With all the OTHER CEO'S RESIGNING WHY NOT RANDY

As a former employee - I used to hear 2020, 2020 training, 2020 AXe time. Wonder if Randy knew about this beholding 2020 dooms day - that's why he didn't like the political agenda. Things that make you go HMMMM.. that 2020 training was/is a joke and... — read more 

We warned AT&T , BUT NO ONE LISTENED

Many of you knew this would happen, runaway debt sealed the company faith, with an announced recession , In the month through Friday, AT&T shares dropped more than $10, or 26%. This is why balance sheets are soooooo very important with 160B in the... — read more 

Will Buyout stop Surplus activity for a while ?

As I read the proposals and details , it looks like if AT&T is going to ask for Buyout help (and they will which is why they stopped the Stock Buyback), that looks to also mean they cannot layoff any Employees for a given Period of Time, I am... — read more 

RANDALL IN REEFALL, BLAMES THE VIRUS

expect fundamentals particularly within WarnerMedia to be pressured including HBO Max, AT&T is unlikely to beat the market either on a continued selloff or eventual recovery, AT&T won't be able to meet its three-year target.

This is "a time of war"

I love how Randy is posturing on TV and is all "this is a time of war" when it comes to coronavirus, and yet it feels like it has been a time of war for the company's employees ever since he became the CEO. At least that's how he's been treating us... — read more 

Firstnet yeah right $$$$$$$$$ WOW

https://www.theverge.com/2020/3/20/21188164/att-retail-stores-coronavirus-leaked-memo-essential-business-services

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Exstension of leave

They extended the 2 week leave for those over 60 or a serious medical condition by 2 MORE weeks!

Pinocchio inspirational BS

AT&T CEO Randall Stephenson says corporate America is going to need to "step up" to help employees, customers and the country "A lot of the business leaders, and myself, particularly, we're looking at this as a time of war," Stephenson told CNN's... — read more 

Re: the $3B loan

China Mobility just lost 9M subs. Thought about this, at $200/month for a family for unlimited, who is going to be able to afford it? The competition is better and smarter, don't think anyone would disagree...and they don't have ~$200 BILLION in debt... — read more 

Union reached agreement for new contract?

Just got a short summary telling us the “improvements” of our new contract. Didn’t read anything about guaranteed jobs on there. Their first main highlights were about just about getting earlier lay-off notifications. Looks like we’re getting F—ed... — read more 

HBOMAX

For the love of God, The Friends franchise, already has a sequel you don’t want to remember. The reason why the one season series did not last was because it simply was not at the standard that “Friends” possessed, featuring terrible writing and... — read more 

AT&T Disconnect

The company released a statement this afternoon stating that gloves and face masks are not required for field technicians at this time. Prem techs are currently still being assigned iptv and dtv installs that of course require extensive inside work... — read more 

Poor decision making and safety precautions

Att makes horrible decisions in desperate times. After multiple solutions were on the table decide to close 40% of stores for “employee safety” then decides to completely disregard the idea of having their employees safe by sending the same employees... — read more 

Thank you!

To all the new leadership team that purchased At&T stock at $38?.? you make us all proud....LOL

CHANGE OF HEART?

Stock buyback was dropped citing the need to "maintain flexibility." The company will instead invest the money in serving customers, and taking care of company employees

401K retirement plan update?

Just got an email that the retirement plan has been updated, but they dont point out what changed. Anyone know what the difference is?

SOS

Shares of AT&T (NYSE:T) have dropped today, down by 6% as of 11:30 a.m. EDT, after the company said it would cancel a previously announced stock buyback plan due to uncertainties around the COVID-19 pandemic. The telecommunications and media giant... — read more 

AT&T nixes $4 Billion Stock-Buyback Plan

"AT&T called off plans to repurchase $4 billion in stock during the second quarter — and has halted all other buybacks — saying it has decided to keep the cash to invest in its networks and in taking care of employees during the coronavirus... — read more 

What a difference a year makes

A year ago they were pulling reports to make sure employees were going in the office and NOT WFH. NOW they are pulling reports to make sure employees are NOT going into the office and they ARE WFH (to minimize the spread of the virus).

PROXY FIGHT NEEDED TO DUMP LEADERSHIP TEAM

As of Friday morning, March 20 T share price is now below $30 and down more than 9% in morning trading because of cancellation of the share buyback program. Significant increase in financial stress not because of traditional Telco business operations... — read more 

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