ATO Layoff Announcement Monday 8/6/18 - I have some empathy to the stress created on peoples lives with the constant axe over the head. Randall or the John's have no empathy or more than a passing thought on their bad decisions and the impact to thousands of people or in T terms - workers.
There is an experience and knowledge drain taking place. 4th and above are so far out of touch with reality. There is no one to replace the lost experience. There are no firm business rules to follow. Its only for the next quarter earning. T is more like a ponzi scheme than a company at this point.
There are some good efforts taking place, but most of the work lacks full circle understanding or vision of how to implement, due to the reorgs and lack of planning. Descriptions of the work are a hodgepodge of free thought and high level concepts that utilize big picture descriptions. No understanding of the basics and how to make it happen. Just some forecast of revenue that a marketing person has created to give them a push due to the inflated projections and unrealistic schedule. They get a bonus for the feel good projections and are promoted before any work or revenue is complete or realized.
This is only about executive bonus structures and payouts. Lots of shell games.
Take your out if offered - take your pension.
The pension will be part of the debt restructuring that will come.