I really think this article is a load off bull, but a specific style of AT&T executive language can be read between the lines, so either they ordered it (I mean the Reuters news that this article refers to) or it was written based on the AT&T’s... — read more
What’s gonna happen after the layoffs?
In any case, I don’t see the layoffs stopping at this, There will be new ones, either in the manner that it just continues or there will be another wave. That’s just my opinion. My question would be what will happen after the people that were... — read more
Any layoffs hitting or will hit At&t Business unit??
Any At&t Business employees know if any layoffs coming to their Business unit?
The Wall Street Journal has caught on!!!!
https://www.wsj.com/articles/at-t-wants-to-be-big-in-entertainment-first-it-has-a-49-billion-problem-to-fix-11548777413
Brand old email
Received same generic email from Brand old. Have not heard about any affected groups under him.
VPN used as a selection criteria
Was VPN used as a selection criteria ?
Letter from the Company
An e-mail came out entitled “A message regarding staff reductions” with the header U.S. Management Employees Only . Someone else can post the body of the email (basically called for empathy and sensitivity) if they so choose but the copy that was... — read more
Is it over for now?
Has anybody been impacted later in the day? I really can't determine is it over for now or will there be more in the coming days?
Laid off today. Fidelity is ZERO help
Repost I received a call this morning. I am affected. Out by Feb 18 or I can take 60 days to find another job. Called Fidelity and they will NOT have the lower rates until mid February. They told my co-woker the same thing. Called my advisor to... — read more
Need legitimate totals
Need the real totals for yesterday’s layoff. Please list departments, locations and titles if you have it.
What happens to the ones that are eligible for retirement?
I have a question as I am seeing that I don't understand how this works. Are those people with 29, 32, 34, and 40 years, whom I assume are retirement eligible, able to retire after they get this call, or is it too bad and so sorry you almost made it?... — read more
Retail
Any cuts to retail?
This Company Has a P/E Ratio of 5.9!!!
A typical Fortune 100 corporation has a Price / Earnings ratio of 15 to 20. AT&T is selling for a third of that! Word has gotten out about what a poorly managed business this is. Due to incompetent leadership, this corporation is rotting from the... — read more
ATT numbers on hiring? US not mentioned or confirmed
And where AT&T is “hiring” … they did not state the US - things to ponder when you are reading different news articles and write ups. Seems a journalist would actually ask!! Business Insider, 01/29/2019 AT&T started laying off employees in "legacy... — read more
Managers job? Why?
As a craft of 42 years and still working....we have seen the treatment of managers for the last 15-20 years....it has been brutal!!! I can’t for one second understand the mentality of anyone ???? I mean anyone taking that job????? With OT craft made... — read more
Voluntary?
Anyone hearing of any voluntary offerings (like they did last summer)? I would be interested in taking advantage of the lump sum pension offering, but I am not sure if they will do it again?
5,000 laid off and no news coverage
Where’s President Trump defending the working class todayJ
Anyone in CDO (Chief Data Office)?
Even though my VP in CDO said 5-6% would be cut, haven't heard of anyone being notified yesterday.
No wonder older employees are being laid off
I read this today and thought it fits AT&T perfectly: Employers today are ideally looking for an employee with the wisdom of a 50 year old, the experience of a 40 year old, the drive of a 30 year old, and the pay scale of a 20 year old. Emphasis on... — read more
severance installments
might be a stupid question but can we receive severance in installments to avoid extra taxes?
Yesterday was brutal
I'll be honest - I still can't wrap my head around who we lost. The best are gone. People we desperately needed to stay are gone. I could see shock and disbelief on some of their faces as they were notified which pretty much mirrored my own... — read more
All cuts are only going to be with US based employees
All cuts are only going to be with US based employees, centers in Havant, UK , Brno, Czech Republic & Singapore Call Center, all of which have been hiring new employees for going on a year plus. You got to love the corporate freed taking 20 billion... — read more
Sad shame that a once great company is being run into the ground
No one is safe. It will continue on and on and on. Read the writing on the wall. Unless you are an exec you are expendable. Just a bottom line number. It does not matter how many years of faithful service given. Too many times you heard "we are about... — read more
Layoffs Are Over (for now)
I see people are posting different things, heard different things in the office today and in text messages people are sending today. I was impacted today, I was expecting it and I am fine with the decision, time to move on. I am in a small group in... — read more
Sev Package
I was not on the list this time but pretty sure my number will be up next round. What was the severance package - 6 month pay and 6 month medical benefits?
Construction and engineering
I got my walking paper today. Seems that no matter how well you do your job this one was based on seniority I was top performer in 2018 but I guess that doesn’t matter. In my group area managers and some directors got the boot.
Accounting Lesson
If you think any employee is an asset, you need to take a look at which column in the balance sheet payroll is under. The basic balance sheet equation is Assets-Liabilities=Equity. Here is a hint. Payroll is not under Assets or Equity.
More layoffs tomorrow ?
I am hearing that layoffs are not over and more will be tomorrow. Any truth to this? I am curious about ATO.
Same B.S.
https://www.reuters.com/article/us-at-t-layoffs/att-to-cut-jobs-in-weaker-business-units-idUSKCN1PM2OB
But AT&T has declined to share official layoff figures, or name the parts of the company impacted.
Wochit Business Published on Jan 28, 2019 SUBSCRIBE 8.6K Business Insider reports AT&T started laying off employees on Monday. A source familiar with the matter says the cuts primarily impacted "legacy parts of the business." But AT&T has declined to... — read more
Anyone in San Diego today?
Lots of empty seats and nobody on Q..... What up dawg?
411
Managers and Sr managers in Marketing from all sectors (dtv, wireless, etc) have been getting the ax today
https://www.businessinsider.com/att-started-laying-off-employees-in-legacy-parts-of-the-business-2019-1
First media coverage today... https://www.businessinsider.com/att-started-laying-off-employees-in-legacy-parts-of-the-business-2019-1
Collaboration Zones
How many collaboration zones are there and what are the locations?
Marketing
Do not believe AT&T saying that only weaker business units are being hit. We got the hit today in CA. It is horrible!!
What’s Next?
First, my apologies to all those surplused today, I know it’s horrivle feeling like a punch in the gut. For us still hanging on, what’s next? Is it confirmed ATO specifically will have another round of this next quarter? That already planned? Will... — read more
Fail fast!
The shiny new buzz term in TechDev stemming from the recent push to use Agile is “fail fast.” They are certainly doing that. The stock is failing, morale is at an all-time low, good people are losing their jobs... In over 2 decades this is the... — read more
California Layoffs
I'm a prem tech in Monterey county CA. So far only managers got hit here in California and it seems like most of them are from the Direct TV side. April sounds like it will be a mix of managers and techs.
Being pro-active paid off for me
If you have been employed by AT&T over the last 10 years, the surplus/voluntary has become a yearly event. After re-living surplus after surplus after, voluntary offer after voluntary offer,"I" started planning for my future. I did not want to be in... — read more
No surprise the media didn’t react to the layoffs
I believe this is the combination of “good” timing and the fact that the company has influence on the mainstream media. This just shows that this was systematically planned, as was the masking of the whole thing was carefully planned.I believe that... — read more