Yet they have demonstrated that they are willing and able to sacrifice the golden goose over other less productive investments... as what had happened to our brothers and sisters in other really good markets. There are no guarantees.
Wisconsin Ex-Employees
How did severance affect you receiving unemployment? Also, will the measly pension I get also affect UE benefits?
Took the MVO and moved on.
Life is great after years of no new investment and watching good employees turn into bad ones. Surpluses and a poor work environment are k–lers. So glad I moved on from this place.
More than 13k so far this year
I have been running an SQL query on webphone ever since the first surplus back on January 21, 2019. As of today 10/29 we have dropped 13,470 employees. From 261,764 on 1/21 to 248,294 on 10/29. Losses by mgt level (1/21-10/29): NM lost 8409 1st... — read more
Any ideas on when the next wave of layoffs will hit?
With everything that's been going on, my money is on soon.
Do people really not realize this?
Stock buybacks means no growth whatsoever. There is no connection to growth, positive or negative. But, it does mean that there is less stock sharing in the ownership of T, so everything else the same, the price of the stock should grow. What has... — read more
All Employee call today - Sharing next steps in our evolution.
What do you genuinely think the next steps are? You think our newly minted CEO will announce any cuts or more of an inspirational tune?
What does AT&T is spinning off legacy in to its own subsidiary, mean?
I heard this a couple of times during the earnings call, but not clear on what legacy means , and spinning off to where?
How is this possible what happens to the company?
Maybe my question will sound stupid, however I would like to ask it. How is it possible for some hedge fund company "Elliot Management", that owns only 1% of shares of the AT&T can dictate conditions to the AT&T? This looks like very low reputation... — read more
Is this HBO Max event about the product, or how amazing "leadership" is?
These guys are the Humblebrag kings.
Activist Pressures For Demergers Will Hurt AT&T And Others
🤔 https://www.forbes.com/sites/larrylight/2019/10/29/activist-pressures-for-demergers-will-hurt-att-and-others/#21ffe0c26564
AT&T FBO (Finance Billing Operations)
Any FBO updates for this week?
What's next?
Now that the big battle is over and all these changes are coming, does anybody actually believe things will improve for and at AT&T?
We’re not even aware of how many people got laid off from AT&T this year
I would really love to see the employee numbers for AT&T, compared to the numerals from the same time last year ( the real ones, not the ones presented in the media). Think that we would all be shocked to see how many people lost their job at AT&T... — read more
AT&T Has Reportedly Lost Over 1 Million TV Subscribers In Just 3 Months From DIRECTV, AT&T TV NOW, & U-verse TV
https://www.cordcuttersnews.com/att-has-reportedly-lost-over-1-million-tv-subscribers-in-just-3-months-from-directv-att-tv-now-u-verse-tv/
Randall Knocks It Out Of The Ballpark!!
In terms of pulling the wool over investors eyes that is! The company is hemorrhaging customers left and right without a credible plan to effectively compete with better run media businesses. Randall gave a nice spin on things today driving the... — read more
At&t will sell the rural areas..
Just a speculation.
AT&T to cut 120% of Jobs
http://www.satirewire.com/news/att.shtml Good read, even though it’s satire and it’s about the old AT&T (the bankrupt one), it sure seems to fall in line with the way senior management thinks today!
Shrinking Employee Count
According to Dallas business Journal staff writer Brian Womack wrote today 10\28\2019: “Already, AT&T's been shrinking its employee count, helping trim costs. At the end of the last quarter, it had about 252,000 workers, down from 269,000 year... — read more
AT&T’s CEO of Communications, John Donovan, to retire in October
https://techcrunch.com/2019/08/26/atts-ceo-of-communications-john-donovan-to-retire-in-october/ Retiring Donovan had strained relationship with now-COO Stankey. Donovan oversaw the AT&T umbrella of video offerings, whereas Stankey oversaw... — read more
Vsipp
Can someone in CWA D 4 tell me how to file a VSIPP. No one at the local, I assume they did their job and dont need to answer.
D3 Surplused workers from 3rd Q
I heard their placement is being extended until January. Any truth?
Randy -your plan was a COMPLETE FALIURE!
The numbers are horrible. Only bailout was you are getting to leave with this Elliot save. You drove the company into the ground. Highly doubtful they can keep the stock price up here on hope.
RS is here to stay!!!
"The company also said that it expects Randall Stephenson to remain chief executive through at least 2020." Reuters==10/28/2019
Results of all this layoffs
Its no wonder we are loosing customers, our internal IT customer service is so bad. I have a laptop problem and i cannot even open a ticket.
How long before we start selling core assets?
"AT&T has struck a deal to sell its majority stake in Central European Media Enterprises for $1.1 billion as part of the telco giant’s larger campaign to shed non-core assets and pay down... — read more
CA power shutoff
So how many cell sites and remote cabinets failed almost immediately due to lack of maintenance?
Term of employment
This site has a wealth of great information with regards to layoffs, benefits etc and what and how to get your benefits from the T. My question is not about a layoff but sorta related for others to know. Question is, why on Fidelity statement does... — read more
Content gets stale very quickly
No one sees this Management Cast delivering new valuable content. In fact they have set the tone that creative talent is fleeing as quickly as they can. ATT tries to dictate what the customer will receive while other companies are delivering what the... — read more
AT&T Selling Off It's Crown Jewels
As of October 25, AT&T has finished selling off the last of it's North American cell towers. As Randall sells the very assets the built this company, what is he spending the money on? Media content. A business whose value lies in the creativity... — read more
From nothing but borrowed and vc money
American Tower, Crown Castle, and Sba Comm took from AtT, Vz, S, and Tmus and built a $185B market cap. In 10-15 years as a result of the current AtT slaughterhouse you will see someone take atts cast offs and turn it into $50-$100B businesses. You... — read more
AT&T and Peppertree Capital Agree to Tower Transaction Valued at up to $680 Million
October 25, 2019, 11:26 AM EDT Sale-leaseback is part of AT&T’s ongoing monetization initiatives Business Wire DALLAS – October 25, 2019 AT&T Inc.* (NYSE: T) has announced that it agreed to a sale-leaseback of its remaining domestic... — read more
T WANTS DirecTV to fail ...
"We didn’t buy DirecTV because we love satellite,” said Stankey. “We bought DirecTV because we love the customer base and the customer base could be migrated into more on-demand-oriented products and... — read more
Verizon Earnings Show New Subscribers Signing Up, but Little Revenue Growth to Show for It
Verizon Communications signed up more new customers than Wall Street expected in the third quarter, but growth on the financial front was minimal. Stepped up marketing and promotions including buy-one-get-one smartphone offers and a lower price of... — read more
AT&T Gives Retiring Donovan $7.85M Lump Sum Payment
https://www.broadcastingcable.com/news/at-t-gives-retiring-donovan-7-85m-lump-sum-payment
Are these analysts crazy?
https://finance.yahoo.com/news/why-earnings-season-could-great-142002719.html
Posts being removed
So what’s up with posts being removed? There have been several that have disappeared. The most recent was about the former ATT VP that has a pending lawsuit against the company. Wonder who takes posts like that down?
Open-plan offices are a failure
Harvard study says open-plan offices are a failure. They actually decrease rather than increase employee collaboration. Other studies say the same thing. Yet AT&T continues to spend money creating them. Always behind the curve. And if they want to... — read more
Project Collaborate Update
We just had a call with our VP in ATO, they said this is the new policy ATO-wide: All telecommuting besides full time is now a supervisor decision All forced relocations are off, you can stay where you are or move back at your expense if you... — read more
All employee town hall scheduled next Wednesday
Anybody know what the agenda is?