I'm conflicted with the 2 severance options. I definitely do not want to stay, and I want to milk it for the next 60 days to buy myself some time. I've been with DTV (in el segundo) for 9 years. The 60 day option requires that you apply for jobs... — read more
Performance Reviews-what's the point?
Despite the shock of getting axed I find myself questioning the performance review process. I always received very high marks but now I'm surplussed along with a good many of my peers who were equally talented and extremely knowledgeable...nearly... — read more
Layoffs Improve Verizon's Stock Price
https://investorplace.com/2019/01/layoffs-improve-the-outlook-of-verizon-stock-fimg/
How many laid off 1/28?
I can’t find any cumulative information internally or the news. Only news blood from AP and the same iterative rightsizing emails from ATO and Corp communications. Really? How about y’all man up (or woman up) and tell the truth
Effective date?
Is the effective date the date you are notified or the off payroll date (either 3 weeks or 60 days)?
Randal takes responsibility for bad decisions...
Remember the decision to lobby Trumps lawyer, and Randal said it was a mistake... and he takes “responsibility “ for it??? The he stepped down... oh wait... he only fired the lobbyist for his mistake... ... they seems to be an oddly familiar... — read more
Drawing unemployment in Texas if pension eligible
Does anyone have experience in attempting to collect unemployment when they are pension eligible? Texas employment commission said pension eligibility may affect approval or the amount you receive.
They’ve just scratched the surface with these layoffs
No doubt that the company plans to restructure and this has just been the beginning and If you ask me there will be more layoffs coming in some form and in some degree this year. The sad thing is that we needed layoffs now when the company has good... — read more
let SeekingAlpha buy AT&T
Good Numbers Once getting beyond the messy subscription numbers in both video and wireless, one can get to the good financials. Sometimes losing subscriptions on promotional plans isn't actually bad for the quarterly numbers.
Retiremnet Medical Insurance Legacy "T" Criteria
What is the criteria to be able to get/keep your medical insurance upon retirement within the Legacy "T" part of the company? Do need at least 20 years of seniority, or is there a rule 75 that needs to be looked at? Again this or the Legacy "T", (old... — read more
Volunteers to take the place of those layed off?
Several people on here were hoping to be selected in the layoff on Monday. If you weren't selected, have you looked at trading places with someone who was selected but does not want to leave. Will the company even entertain that option?
Layoffs Update and AT&T Now Hiring Collection Firms For Retirees
ATT recruiting firm has summarized thelayoff.com and info from their clients in a interesting blog post. It states some ATT retirees are being chased by ATT Collection companies. Whats up with that? It seems fairly accurate and may help... — read more
DISRUPTION CITY and The downside of deny, deny, deny
Call it lack of candor or lack of self-reflection, but a judge who thinks of himself as beyond criticism and cannot muster the honesty to accept blame for anything shouldn’t be CEO. If we learned anything from electing an unfit, amoral president, it... — read more
Problems getting severance package?
Has anyone in previous layoffs had any issues with receiving their severance package? There is so much material to read through. It feels like if I miss one thing then AT&T will refuse to pay the severance. It seems like AT&T is purposely making the... — read more
Voluntary vs. Involuntary
Any idea if followup layoffs this year will have Voluntary offers first? I realize that AT&T is age discriminating this time, but wonder if our leadership will wake up and do the right thing next time and have voluntary offers just before involuntary... — read more
AT&T Denies Layoffs, AT&T Denies WSJ Article on DTV, AT&T Denies..........................
From WSJ "49 Billion Dollar Problem" Article: Editor’s Note: This article, originally published online Jan. 29, is being republished with portions omitted to correct errors. Prior versions of this article said AT&T Inc. call-center workers sometimes... — read more
KEEP RAISING THE RATES mo--nS
The challenge of Reversing a shrinking TV audience and paying down billions in debt won't be accomplished . reason? One defeats the other. Customer were always last to AT&T
WHEN WILL FIDELITY BE ABLE TO CALCULATE THE ACCURATE LUMP SUM?
Anybody know when they will be able to accurately calculate the lump sum based on last year's rates if you retire before 4/1/2019? Could not get a straight answer from Fidelity rep and 2/18/2019 is approaching quickly. I don't want to complete my... — read more
Date for round 2?
Does anyone know what the date will be for the next round of layoffs? We know they will be quarterly. Just wondering if anyone knows the exact date. Thanks.
They won't wait until June for more layoffs
With the quarterly results being what they are, does anybody actually still believes AT&T will wait until June for the next round of layoffs? We all know that bad results are immediately covered up by talk of savings that can be achieved through... — read more
Who is leaving in February and why?
Just wondering how everyone feels about taking the severance and say good bye in February versus sticking around until the end of March. I understand some may still love to work for the company or financial reasons. I am no where close to retirement... — read more
RIP DTV
Direct TV is dying, and so are all who are tied to it. DTV followed the Cable model-high prices, limited programming, forced bundles, billing errors which are always in the company's favor, repeated price increases, service cuts, etc. People flee DTV... — read more
Executives are misinformed making very bad business decisions
https://finance.yahoo.com/news/t-layoffs-2019-job-cuts-173417206.html Legacy units my a--! It was all decided defying logic purely by location. My last performance review was “Far exceeds”. I received a key contributor award last year. I was... — read more
ATT path to be GE
5G on phones, you right, Lies, misleading, convincing and just plain old taking advantage of customers, Randell is not the right person to lead this origination, Great company are build on employees, not on vendors and outsourcing
Lump sum
If there is a layoff in 2nd quarter, will retirement eligible employees get the larger lump sum figured on int rate of November 2017
Laid Off - VAC Payment
My co-worker investigated I get 33 days of VAC a year. eLink shows I have 33 VAC available. I'm thinking great I'm getting paid for 33 days. Not True....................... If you depart AT&T in March you only get the prorated portion you have... — read more
MTP (Retirement) - w/in 24mo
I'm one of he people that is w/in 24mo of Rule Of 75. So I can give up 50% of my Severance to get retirement. I called Fidelity to find out if this has a benefit impact on the Pension Answer = Yes Without Retirement Lump Sum Pension = 235K With... — read more
Streaming, a horrible product, and terrible customer service spoke loud today.
Streamers absolutely have spoken, but so has customers having had enough of the horrible At&t customer service. Lies, misleadings, conivinings and just plain old taking advantage of customers have come back to bite hard. Hey at&t, karma is a bit*h. — read more
Streaming services are a hard business
T thought that by using Promos to lure budget-friendly subscribers, They are going to say, "Okay Jackup my rates", LOL, forgetting that those rates are going to climb FAST, knowing AT&T's last 20 years history of deceptive sales practices.
AT&T is laying off VETERANS!
For years AT&T has publicly championed the hiring of Veterans across all domestic business units but now they are laying them off and NO ONE CARES! AT&T to employee Veteran: "Thank you for your service to our country but your service to our company... — read more
Safety Net
For those who are planners and did not get cut (this time). This company (safety net) provides a one time lump sum payout if you get laid off. Coverage up to $9,000 Caveat- there is a 180 day waiting period. But this may help some folks sleep better... — read more
everything that has a beginning has an end..NEO
RANDALL MUST BE FIRED ASAP.....More troubling for AT&T is that growth of digital television has likely already peaked, and it means cord-cutting will probably worsen in 2019, according to a Morgan Stanley research note.
BIG SURPLUS TOMORROW....VIA THE UNION PRESIDENT
including me !
closing statement on today's analyst call
Randall Stephenson Okay. Okay, so listen, I want to thank everybody for joining us today. ‘18 was a solid year. It was basically doing what we told you we were going to do at the analyst conference. And as I mentioned at the outset, I feel like we... — read more
AT&T Inc. (T) CEO Randall Stephenson on Q4 2018 Results - Earnings Call Transcript
https://seekingalpha.com/article/4236791-t-inc-t-ceo-randall-stephenson-q4-2018-results-earnings-call-transcript
Bloomberg Opinion Analysis AT&T Is Testing Investors’ Patience
By Tara Lachapelle | Bloomberg January 30,2019 at 10:00 AM........AT&T Inc. had a plan: Make the DirecTV business more profitable and accept that it would need to sacrifice some subscribers in the process. But so far, it’s still only doing the latter... — read more
Does AT&T Even Need DirecTV?...Bloomberg Opinion Analysis
"By Tara Lachapelle | Bloomberg January 15.219 With AT&T Inc. shifting its focus to the newly acquired Time Warner businesses, its struggling DirecTV division is looking less essential. Should DirecTV’s headaches persist, it may even get to the point... — read more
Man! I love the headlines coming from the failure of DTV Now and DTV! They've screwed countless employees, now it's their turn!
In the fourth quarter, DirecTV saw its total satellite subscribers fall 408,000 to 19.2 million. Additionally, DirecTV now lost 269,000 subscribers, a stunning 14% decline to 1.59 million from 1.86 million last quarter.
AT&T should of kept on with UVERSE.. Direct TV subscribership is falling fast.
IMO Uverse is a far superior product that direct tv.. ive heard most people that have uverse say they refuse to move over to directv.
DirecTV Now implodes as price hikes, inferior features scare off cord-cutters
Fast Company What an unmitigated disaster AT&T’s 2015 acquisition of DirecTV has been. Not only is the satellite service hemorrhaging subscribers, but its streaming alternative, DirecTV Now, is imploding as well, with 267,000 lost subscribers last... — read more