Layoffs every quarter but we still got money to waste
https://golfweek.com/2020/01/20/att-maria-fassi-att-announces-sponsorship-deal/
12 replies (most recent on top)
Marketing should be evaluated like any other activity ─ return on investment (ROI). If the marketing increases sales that would have otherwise not occurred, and the profits on these increased sales exceed the cost of the marketing, the marketing is OK.
Remember, if AT&T doesn't sell any product, it doesn't need any employees.
Marketing should be the first place for budget cuts. Unfortunately people on that side of the house are brilliant at creating false metrics "proving" how valuable their expense accounts and luxury boxes at sporting events are. Marketing = lying and doing it well, so it is a self perpetuating budgetary black home.
Please explain why advertising is not a waste and how we earn significant amount of revenues based on the expenses incurred form such activities.
Advertising is not a waste.
Meanwhile, @znm, we have crater sized potholes in our parking lot and torn up carpeting that should have been replaced fifteen years ago.
Private jet to Davos, for Randall to rub elbows with the elite!!
@-skl
"Why is it other companies are hiring and growing while att just continues to lay off people"
Who are we talking about? Verizon, T-Mobile, Sprint, Frontier, CenturyTel?
Where is the company that that does similar business that is hiring, particularly companies with landline networks?
Telecommunications is dealing with technological obsolescence and automation. Everything is coalescing around internet technologies - even wireless. In wireless, they want to get rid of voice and SMS and have voice over internet (VoLTE) and internet based messaging.
Things are getting simplified and automated. I believe switchboard operators faced this issue in the past with the advent of direct dial.
At $100,000,000.00 a pop, we could have saved 1500 good, middle class American jobs. Or even 3000 c-appy prem tech jobs.
But the executive class of this company feel it's more important that they have this opportunity to network with the rich and famous and important people of the world. This double standard of executives enriching themselves while sticking it to the shareholders and employees of this company is why we need some oversight from the board of directors!
Randy and his buddies are self absorbed juveniles, they need parental control!
You can’t deny marketing their fun in the sun so they can rub elbows with the famous... these sponsorships are only about executives and their lap dogs having access to famous people and a weekend of smiles and drinks.
Ask them how many free tickets they get when the company name goes up on a stadium or arena. How many events do they sponsor where they have a big circus tent to get free food and drinks all day? Marketing couldn’t stand to not be able to be with the rich and famous “in” crowd. They would be jumping out windows if this type of perk was taken away.
can anyone outside of at&t even name what sponsors we have or tell anyone what they have done for us?
Why is it other companies are hiring and growing while att just continues to lay off people. The market where I live at least is smoking hot for IT jobs. Why anybody would work at Att compared to these other places is beyond me.
Well, maybe $10 million per tournament. You could start by adding up the purse for all players and then factor in the hosting in pre-tournament parties, evening get-togethers, providing rental cars, food, security, and emergency services. Even at $100 million, that's around 1/2 of a percent of the annual net profit. But it sure doesn't feel good when they are getting rid of employees.