Once the fiber acquisition is finalized, how bad will the layoffs be? AT&T isn’t exactly known for mercy - they cut deep and don’t look back. I’m expecting it to be bad with a capital B.
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You will fall under Gigapower until you fall into unemployment.
Gigapower is all management all contractor.
No union.
AT&T employee here.
We have already started receiving emails about the future job opportunities now that we will be acquiring Lumen’s fiber infrastructure.
We purchase companies and discard the people.
The once we are done write off the losses.
From a former AT&T employee, let me say it will not get better. Just when you think it cannot get worse, John Stankey will make another ego driven decision. If you can mentally do so, stay on until a severance buyout, otherwise I would suggest looking for employment elsewhere. There are opportunities available outside of the Telco/Fiber space with the proper skill set. I am sincere when I say good luck and hope everything works for everyone.
Brutal. 50% tariffs brutal. Colorado Rockies brutal. Cats and dogs living together brutal.
@b2 that was sarcasm, oh the 100 and below IQ.
"T Mobile, Time/Warner, DirectTV. T touched all of these in the last 25 years"
And ATT CEO, John Stankey, was at the table for all those decisions. All those failures were within the last 12 years though. He singlehadnedly ran TW into the ground when he was appointed President of that company prior to the divistiture of TW. All the decisions he made while running that company were reversed when he was removed from that position. He does not know how to grow a company organically, hence the purchase of Lumen. He only knows to cut expenses.
T Mobile, Time/Warner, DirectTV.
T touched all of these in the last 25 years.
It’s been brutal for a while up here in the Pacific Northwest. No accountability anymore and our customers suffer miserably. All the managers are in it for themselves by constantly backstabbing each other for crew control and living under the shadow of L2S and out of garage early. If we take a proactive approach to fixing copper both management and the technicians will subject to disciplinary action. MAKE NO MISTAKE they have made it clear they’re gonna bury the copper 6ft under. Acting like they care about the copper, customers or employees is the most toxic part. This was all planned 💯
NetworkCo is just the name for the unit being spun off as a separate legal entity. It doesn't mean that will be the name AT&T operates under. It's just holding a place until the final name is chosen.
Could be Quantum, could be AT&T, or something new. Was the same with Brightspeed and the other spinoffs until a final name was unveiled.
Good bet it’s brutal for everyone, AT&T’s new company NetworkCo will be the company taking on Quantum and its employees! AT&T isn’t bringing the fiber and employees directly on board
So it would stand to reason that the various unions will need to negotiate bargaining agreements to cover those employees, it’s probably a safe bet AT&T won’t want to do this and will want to keep NetworkCo non union! Which means most of the pro union Lumen people won’t want to go over, Lumen will end up with excess employees needing to be laid off!
Of course I could be completely wrong and everything turns out just awesome.
@b2 It reminds me of some Oingo Boingo lyrics, " have you heard about Fred he's unemployed, did 20 long years, no warning no pension. " I must remember to embrace the future and not to reject it. I'm a winner, it's not my fault I ran the company into the ground, it's just change happening that I embraced 15 years too late. Besides I still get my bonus.
PATHETIC !!
@b0 Kate really cares about us.
@b0 Just kidding , what a joke.
@a7 I'm just glad counseling is available , what a great company.
As an AT&T employee, I will tell you that the AT&T CEO Stankey is Top Tier A-HOLE. If you can find another job then you should take it as quickly as possible.
It’s goona get brutal!
You’re going to be shocked if you’re in a management level position of any kind. Better start accepting quarterly surplus, forced relocation and uber maddening RTO policies. We’re at 130,000+ domestic employees now and Stankey wants that down to 100,000 by EOY 2026.
We have a year to see what takes shape.
Depends on the job. Field work probably none. I’d be nervous if I was in an office though