https://variety.com/2019/biz/features/att-disney-comcast-debt-1203107407/ “Begley notes that AT&T — which has about $70 billion in BBB-rated debt that will come due over the next four to five years — is in a tight spot because of the company’s need... — read more
Does AT&T Even Need DirecTV? If the pay-TV unit continues causing headaches for shareholders and bondholders, selling it may not be crazy
https://www.bloomberg.com/opinion/articles/2019-01-15/directv-sale-offers-at-t-extreme-option-to-pay-down-debt?srnd=premium
ARSM, DOS, VPGM reorg?
Is there any news on reorganization outside of ATO and within retail? There does not seem to be any talk of retail closing, door changing to authorized retail, or corporate restructuring for retail channels.
A compelling recommendation to sell the stock
https://www.forbes.com/sites/kenkam/2019/01/14/att-why-i-recommend-selling-it/#3ac5ee2f14fd
Tired of AT&T
AMs and directors should be ashamed of themselves. This is the 5th round of surplus activities I’ve been through now. Each and every time we’ve been told they (AMs and Directors) know nothing more than we do, that is an absolute lie. At this point I... — read more
It gets better for AT&T
New player jumps in the streaming wars — announces a new service to compete with Netflix and AT&T CNBCJanuary 14, 2019, 2:39 PM EST NBC's streaming service will be a free, ad-supported product to anyone that subscribes to a pay-TV service. For those... — read more
Gearing Up for the Cloud, AT&T Tells Its Workers: Adapt, or Else
If you don’t develop the new skills, you won’t be fired — at least AT&T won’t say as much — but you won’t have much of a future. The company isn’t too worried about people leaving, since executives estimate that eventually AT&T could get by with... — read more
Waiver Invalid in Discrimination Suit Against AT&T
https://www.yahoo.com/finance/news/waiver-invalid-discrimination-suit-against-013455012.html
AT&T Offers Flexible Payment Options For Furloughed Federal Employees
http://www.wbiw.com/local/archive/2019/01/att-offers-flexible-payment-options-for-furloughed-federal-employees.php
Useful info on layoffs
Really useful info from another thread, Anybody wondering about layoffs should read it. Original is here: @X7ZL1FD-unk These are notes from our call under ATO, Robertson org (keep in mind this could differ by org): *Mcelfresh email was the official... — read more
I’m afraid we are at the beginning of a long and painful restructuring
If we couldn’t see the signs before, we sure have the opportunity to see them now. The talk of consolidation, bringing in telecommuters to the office are just signs of a thorough restructuring that the company is about to go through. A lot of the... — read more
Chinese Artificial intelligence
Last night on 60 Min. Interview with an chinese investor. They are worlds ahead of the US. Since they have no privacy laws and most are not concerned, they have the data to predict about anything and they can even tell what someone's thought process... — read more
When will layoffs will actually start?
I've already lost countless hours of sleep over the news about layoffs and now I realized I can lose who knows how many more because we have no idea when it will start. We just know it's coming. I really hope they give us some kind of a time frame... — read more
Sony and AT&T are seling GSN Games
Both Sony and AT&T are trying to sell their ownership of GSN Games, but, according to the article, there is also an option that Sony buys AT&T share of the company becoming the only owner. Looks like AT&T doesn't have any plans regarding the market... — read more
What a bunch of micro managers
I worked for AT&T for 15 years and I have to say that the managers in Dallas are truly some of the worst micro managers in the entire business world. They literally have no life outside of the office (probably due to the fact that the city of Dallas... — read more
When does NO more Work-from-Home take effect?
Those who use to wfh, have you started going into the office? How many days do you go into the office?
Here's the thing
As we all wait for the ax to fall...I have spent a lot of time over the last week since the McLovin' email thinking about my time here at T and the corporate culture....reaching out to peers that have left over the last 10+ years, brushing up resume... — read more
Why such a large layoff...
Because 15 billion debt matures in a year and with investors leaning away, the corporate conglomerate needs every penny they can get.
Worried about nothing.
I know employees in Hoover/Birmingham area, that are 55-70 years of age and still have jobs. Do I ever hear of anyone being laid off? NO.
Need advices from AT&T folks regarding upcoming layoff
Guys, I am 58 and currently have 17 years and 2 months of service with AT&T. I think I will be hit for the upcoming layoff due to a number of reasons Too old for agile IT projects that those fresh out college do better than me. I am a little short to... — read more
Corporate wide Layoff with same rules and requirements across all organizations
Early in the process in January we were told this is corporate wide with the same rules such as dates (3 weeks if you don't look internally and 8 weeks if you do) for all organizations. Employees will be notified Jan 28 so they meet the criteria for... — read more
Halo and tetris
Halo and Tetris. Two more jokes wasting money and since they don't work just get rid of employees. They should get rid of the people that put these 2 disasters together. Does not work. Customers can't get their services they ordered..... yeah... get... — read more
Pension benefits when surplused
Are AT&T employees eligible for their pension when surplused if they are vested in the pension, but don't meet the rule of 75 and are not retirement age? Do they have to wait until age 65 to get the lump sum (if desired) or can they get it when they... — read more
100 million for dallas
Let's not forget about the 100 million being spent to revamp Dallas headquarter area. Also how they bring in bring name performance yearly .... this year Imagine Dragons and Gwen Stephani. Oh yeah if you work in Dallas you can get a seat to watch but... — read more
No Contract - No Benchmarks - Layoff As Many As They Want
With contract; are the benchmarks, (number of employees they have to keep in a job title), can AT&T layoff as many as they want, even half of the employees?
Offshore
It is a shame. Saving money by going offshore for jobs. Check out Motherboard article this week, someone leaked out an email. What happened to keep the jobs here? Upper management was in Philippines and India this month. Gee, wonder why... more jobs... — read more
Full time TWs
As recently as 2 months ago VP level communications in ATO have clarified folks need to be back in the office. The communication also stated that some jobs needed to be full time telework. It would be an employment lawyers dream if they fired people... — read more
Class of October 2018 Layoff
I was laid off last October with 39 years... this is not the same company that cared about their employees! I was a project manager supporting LTE and the D2 virtual world. I feel sorry for the ones left behind. There is life after AT&T!
TSR changes
Anyone heard of HR changing TSR’s? MI C&E was on a call that said all MI N3 areas were changed to N2 retroactively effective 01/01/2019.
AT&T Outside Workers
I have been fortunate to have 28 plus years working outside for believe it or not Ohio Bell, Ameritech, SBC now AT&T. I'm always asked by my peers , Why don't you retire and maybe save a younger employees job if reductions hit construction? I always... — read more
Hang in there there
Asking my ex director to put me in the surplus list after 18 years of service with AT&T in IT was the best decision I have ever made in my life. Believe me I know how a lot of you guys feel because our lives depend on our jobs but I was floored as to... — read more
Quit posting feelings.
Those of you that have an inflated sense of uniqueness, an unwarranted sense of entitlement, or are over-emotional, easily offended, and unable to deal with opposing opinions,It is time TO MOVE ON.... AND FIND A NEW JOB
Donovan likes to fool customers and employees
https://www.theverge.com/2019/1/9/18175566/att-communications-ceo-fake-5g-e-complaints-response-ces-2019
Syracuse Office Closure & Impending aftermath
Syracuse, NY announced an office closure on 1/7/19. If any of the other offices are operating the way that office has let this be a warning. Collusion between Union reps and AT&T management - will not save you your job. Sneaking and snitching on your... — read more
If You’re Over 50, Chances Are the Decision to Leave a Job Won’t be Yours
All the people impacted (16) in or segment are 50+, all accomplished professionals, and it seems that we are left without the support we need to complete projects, SMH
Lump sum payout fine print
The paragraph in Jeff’s email about extending 2018 interest rates if you take a pension lump sum - this doesn’t apply to Mobility plans. So, once again, the formally Cingular people get screwed. All the good benefits go to the Legacy plans.
WFH is not a privilege, it’s just a way of doing work
I did a little reading on this board and I see that in light of the recent “telecommuting situation”, a lot of folks are speaking ill about the people that work from home, labeling them as privileged, lazy, clueless, or even spoiled. I couldn't... — read more
Ex AT&T Opportunity Network - Join & Prosper
For those leaving AT&T please join the Ex AT&T Opportunity Network on LinkedIn: https://www.linkedin.com/groups/12184088/ We are bringing in a lot of resources for job placement.
I WFH & was watching CNBC interview with Donovan yesterday at CES
He makes my skin crawl, actually all of the att leadership are real turds, low life liars. i thought it was funny how cnbc commentators asked john about the att fake 5g launch and how VZ and TMUS were complaining it will confuse customers. John tries... — read more
Let’s be real
I’ve been a full time teleworkers for years and managed other teleworkers. I’ve maintained a stellar performance rating. The issue is AT&T is unwilling to address individuals and prefers to take the group approach for everything. I had a teleworker... — read more