Thread regarding AT&T layoffs

AT&T's Stellar Earnings? Then Explain Why Wall Street Is Running for the Exits

https://www.linkedin.com/pulse/atts-stellar-earnings-explain-why-wall-street-running-jayson-gnall-ff3kc/


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Post ID: @OP+1m5zaqphq

10 replies (most recent on top)

John Stankey has this stock roaring . . . . . .downward

T stock returns 11/2/2026
1D

  • 0.14%
    5D
  • 2.83%
    1M
  • 11.77%
    6M
  • 17.92%
    YTD
  • 13.69%

1Y

  • 13.37%
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Post ID: @172+1m5zaqphq

@149 Unemployable

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Post ID: @14a+1m5zaqphq

@et Mr. Gnall fancies himself higher that what he ought (kinda in contrast to his purported Christian belief). He definitely has a very unhinged perspective of himself and his career as a non-management worker bee. At this juncture, any potential employer would take one look at his social media and deem him unfit and employable. No company would want to take on the risk of him being on payroll. Too much liability. AT&T included. He has and continues to bring the consequences of his actions unto himself.

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Post ID: @149+1m5zaqphq

“ disagree that Jayson is unhinged. Glad he’s doing what he’s doing
which is exposing many wrong doings.”

Listen, Jayson…

I didn’t say you “were” unhinged…I said you “appear” unhinged. You are using a social media platform intended for networking and job seeking exclusively for the purpose of railing against your now former employer. And for years before, you did it as an active employee.

You most definitely appear unhinged.

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Post ID: @et+1m5zaqphq

disagree that Jayson is unhinged. Glad he’s doing what he’s doing
which is exposing many wrong doings.

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Post ID: @e9+1m5zaqphq

Mmmm . . . Stank turns AT&T into a commodity broker and you wonder why revenue per customer is declining? That was as predictable as the sun rising and setting. T cannot differentiate itself from competitors so the only thing to lure customers is price.

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Post ID: @d9+1m5zaqphq

Oh yeah, keep up the pressure. We got you on the run Stankey.

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Post ID: @ax+1m5zaqphq

Jayson may have been fired for cause, but he raises valid concerns about questionable operational metrics, accounting adjustments that mask organic growth, a heavy debt load, and aggressive stock buybacks. The stock price has traded flat for 20 years.

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Post ID: @a7+1m5zaqphq

Good old Jayson

Continuing to make demands of the C suite that they won’t ever respond to. You have to admire the tenacity, but it’s time for him to move on. His violation of social media policy got him canned (he doesn’t seem to be able to grasp this) —and his continued ranting and railing against management on LinkedIn just makes him appear to be seriously unhinged to any other potential future employer.

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Post ID: @a2+1m5zaqphq

The post is a long read. Here is a summary:

The LinkedIn article, written by former 26-year AT&T employee Jayson Gnall, examines the sharp disconnect between AT&T’s seemingly strong Q3 2026 earnings report and the subsequent ~8% drop in its stock price.
Here are the key takeaways from the piece:
• The Disconnect: AT&T reported $32.3 billion in revenue (up 5.3% year-over-year) and adjusted earnings of $0.65 per share, yet its stock plummeted 7.96% shortly after.
• Operational Metric Concerns: Drawing from his long tenure at the company, Gnall alleges a corporate culture that pressures managers to manipulate or "dress up" field performance data (like repair times and technician productivity) to look good on corporate dashboards, raising questions about the reliability of underlying operational data.
• Accounting Optics: The author points out that GAAP diluted earnings were only $0.13 per share due to asset impairments and employee separations. Furthermore, the raised full-year guidance was heavily driven by lower depreciation expenses from an upcoming Mexico business sale rather than organic growth.
• Massive Stock Buybacks: AT&T aggressively spent $7.2 billion on stock repurchases in the first nine months of 2026 alone. Gnall questions whether these buybacks are creating long-term value or are simply masking deeper issues to artificially boost earnings-per-share (EPS) and executive compensation metrics.
• Market Realities: Beyond data integrity questions, Wall Street is likely panicking over AT&T's substantial $159.6 billion debt load, declining fiber revenue per customer, and heavy capital costs for network expansion.

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Post ID: @a1+1m5zaqphq

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