https://arstechnica.com/information-technology/2020/03/struggling-att-plans-tens-of-billions-in-cost-cuts-more-layoffs/
6 replies (most recent on top)
Really, screwing the employees? By paying a good salary, good benefits, good pension. That's being unappreciative.
Lol this comment:
“Maybe they can be bought by Boeing. It's convenient to have a one-stop shop for incompetence.”
Priceless
Benefit restructuring = don’t update pension tables and offer a buyout at half the cost
Struggling to inflate Ratfucks parachute. The only satisfaction I see is they are blowing their load to satisfy Elliot and the s—er investors and seeing Stankfuck the id–t left holding the bag.
They're out of bullets, and the s—ers buying their stocks and services will be f—ed in the end.
F— AT&T and their moaning b—s—! They're making billions, but they choose to screw the employees so they can satisfy Wallstreet.
I remember a plan for 2017. And then there was a more widely articulated plan for 2020. And 2020 involved turning down the copper plant, which shows no sign of happening. So, 2023 might be their hope that they can finally get 2020 done, along with some automation that would be ongoing anyhow.
I read the transcript. It was a cheerleader presentation for investors. Everything is coming up roses.