Thread regarding AT&T layoffs

How. low. can. T go, how low can T go. Next stop $19.. ALL ABOARD

@ad “making sure I move 401k matching dollars out of the AT&T shares fund”

Stank, is that you? Sound advice John…Even you know the stock is a dog, and not to held beyond the bare minimum.

@cm not to mention these decisions were made on flawed data, which they admitted and acknowledged was flawed

@cm exactly! This mindset is like saying your cousin is a convicted criminal and is going to prison, so just to be safe, you must go to prison too because you share the same surname. These company sycophants have a guilty til proven innocent mindset, except nothing changes when proven innocent.

@cb maybe for you, but not for the vast majority of employees. If that’s the case you should be put on a PIP. You don’t make sweeping RTO policies that punish the 99% who do the right thing because of the faults of the 1%.

“None of this 5-day RTO requirement, tracking badge swipes and hours.”

Minimal work and running errands throughout the day.

It’s actually down 22% from the September high, and dropping. Many analysts have downgraded the stock to “sell” with a price target of $20. That’s a fact. This will continue to get worse until there’s real change at the top and the executives start listening to employees.

This place is making me hate my life. Can’t we just go back to the way things were before Covid? None of this 5-day RTO requirement, tracking badge swipes and hours. We aren’t your prisoners, John. You f-ing sicko. How about listening to your employees for a change you POS.

Every two weeks like clockwork I log in and sell the shares, my policy has been “hold no T stock under any circumstances” since they started the RTO and layoff talk.
Used the funds to invest in NVDA, APLD, APP, and other movers over the past few years.
Turned garbage into tens of thousands.

Never hold T.

We are now # 610 on the top 600 Forbes culture list, LOL.

I will say one thing - making sure I move 401k matching dollars out of the AT&T shares fund is a great way to make sure I stay on top of what’s going on with the account. Sad that putting/leaving money into my employer’s stock is financial sooicide though

They destroyed employee morale with RTO, threats and layoffs. Guess who was responsible for getting customers to buy our products? Yep, the same employees who now hate their company. I have never in 20 years seen sales as absolutely dead as they are right now. Stinkey has ki-led the goose that laid the golden eggs just so he could walk around and lord over his sweatshop employees in person. A real man would have laid off however many we needed to be competitive in 2022, and then worked hard to keep the remaining troops happy. But he just could not resist the age discrimination bigotry because he needs fresh young girls fawning over him.

Wow, $40 billion wiped out. That’s real money gone while leadership doubles down on RTO and random real estate splurges. Investors aren’t buying the mandates, they reward results. Right now, this “strategy” is burning through tens of billions of shareholder value. When will it end?

@a1 and that’s before you even account for broader market movement, buybacks, debt levels, or operational drag that would have supported a stronger valuation. The decline is real lost shareholder value.

That’s a drop of $40 billion in market value lol