Thread regarding AT&T layoffs

Looks like there is corporate troll working like the Chinese gov. working OT performing PR here trying to hide the truth.

Tom whippin Cotton and the gop monsters aren’t passing another covid check. Get real

"especially since over 20M people are still out of work and it's an election year."

You are almost half right. 42.6M people are out of work. Good luck finding a job.

I don't know about anybody else @dii, but if I owned the company I'd start by firing you and Big Stank. That alone would be a huge relief of useless dead weight from the company.

To the OP's point: Yes, it's poor timing, but don't worry too much about the July 31st cutoff of the $600 CARES payments. Congress will very likely extend the deadline or do something else, especially since over 20M people are still out of work and it's an election year.

AT&T–d.. YOUR WORLD DELIVERED.

I see that there are at least two T-s—ing representatives here. Hi, Jeff and Stank!

Unfortunately, your stupidity is clear for all to see. As others have noted, these layoffs have nothing to do with excess employees, making the business more efficient, or getting rid of low-performing workers.

It's all about covering up the egregious and ridiculous mistakes by top-level executives, going back to the disastrous DIRECTV Now launch. At every step, the C-Suite guys have bungled. They launched a sub-standard, buggy, and over-complicated DTV NOW service. They took money, expertise, and employees away from the existing DTV and U-Verse services and poured them into fiber. They are now abandoning DTV almost completely and focusing on ATTTV, even though there is no fiber footprint in either NY or LA – the two largest media markets. And now they launched HBO Max which is being ridiculed around the nation.

The deathstar is bleeding money, but rather than trim top salaries or lower the stock dividend (both of which would do wonders for the debt), they give Randy a $60M payout, and crank up the stock gifts to the top guys. You think keeping the dividend so high is just a coincidence when Stank, Jeff, and the others are compensated in large part through stock awards?

Wake up. The timing of these layoffs may be coincidental to the end of CARES, but that doesn't mean they are either justified or necessary in scope. They are only there because the top guys don't believe they ought to pay for their many, many, many blunders

Everyone who get their notice on June 15 will be off payroll be end of June.

Good grief, conspiracy theorist.

Massive job loss due to excess capacity, idle folks, low value work, and ability to do as well or better with fewer folks.

If you owned the company/paid all the salaries, what would you do?

We are not losing workers because we are losing work.

That’s the lie the ivory tower wants you to believe.

We are losing workers because executive keep making costly mistakes, and they need to decrease employment costs to pay for them.

The survivors are forced to cover the work of their laid off peers.

They do the extra work, because of the constant threat of being laid off next is always looming.

They force themselves to work insane hours, and sacrifice their entire life for a corporation that doesn’t give a c-ap about them, and will smile as they lay them off.

I’m sorry but if I get laid off I could really use that extra 600 a week.

Omg troll be humble and sit down. Noone cares enough about you to deliberately time your layoff to coincide with the expiration of enhanced unemployment insurance.

We're losing workers because we're losing work; plain and simple.

Make a business and operate it like you learned from what you perceive as AT&Ts mistakes.