Thread regarding AT&T layoffs

Fall bonus

The union ,many many years ago in all of its continuous wisdom, agreed to have crafts’ once a year bonus based on actual stock price in the fall. I think it’s either in Oct or nov. At least here in the southeast. Whereas we once got at least a 1000 dollar bonus every year, we are now lucky to get a 100, maybe 200, maybe even 500 or 600 if we are really lucky. Most years we have been very unlucky. AT&T stock always seems to crash and burn just before the company has to cut those bonus checks. Funny how that works. A conspiracy theorist might conjecture it was all by design. Hmmm….


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| 82 views | | 8 replies (last 29 days ago) | Reply
Post ID: @OP+1m4jr47p8

8 replies (most recent on top)

What retiree health benefits? They had to keep me on health insurance til I turned 65 (twenty years service) other than that I have zero retiree health benefits. The only discount I get is 30% off my cell service and cheap 5 gig WiFi. Once you get around more retirees you’ll be more thankful for your career at AT&T. I’ve met a lot of people living on very little. Many in the full time RV community are that way out of necessity. Not the majority but many.

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Post ID: @xm+1m4jr47p8

Lost Retiree Medical in District 6. Thanks CWA!!!!!!

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Post ID: @nh+1m4jr47p8

The union leadership has been in full goose step with att for many years now. All the union protects is seniority. And they protect that at any cost including the cost of titles and pay. They’re have you scrubbing toilets with a new toilet tech title at 15 dollars a hour but hey at least they protected your seniority.

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Post ID: @eg+1m4jr47p8

Agreed, and it does seem like they manage to tank the stock every year just before that bonus gets calculated. We’ll probably get a whopping 150 bucks this year lol

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Post ID: @ef+1m4jr47p8

@c0

“ Craft lost retiree benefits in district 3.”

Is that true ?

T will be coming after everyone’s retiree benefits before it’s all over with.

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Post ID: @c4+1m4jr47p8

Craft lost retiree benefits in district 3.

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Post ID: @c0+1m4jr47p8

OP-

Be grateful you have medical benefits after you retire,( until the company decides to cut those out also) like they did with management employees.
Retiree medical benefits are not guaranteed.

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Post ID: @br+1m4jr47p8

Our stock never really changes. You can look back. You can look back 25 years and it’s probably the same price. They should have never based it on the stock price, because our bonus is never more than a family outing to Chili’s. My bonus is making 30-40K a year in OT.

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Post ID: @b5+1m4jr47p8

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