Thread regarding AT&T layoffs

I'm afraid they will continue to cut the benefits

It's almost not worth working here anymore. I’m not claiming anything, but by all accounts, ATT will continue to cut the benefits?

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| 2845 views | | 27 replies (last December 15, 2021) | Reply
Post ID: @OP+1eayijRE

27 replies (most recent on top)

You all realize that AT&T is self-insured and as such, ARE the entity profiting when rates go up?

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Post ID: @9tpz+1eayijRE

I compared Health Benefits with the friendly security guard and his sound a heck of a lot better.

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Post ID: @7otn+1eayijRE

the insurance companies are teaming with providers to squeeze the patient,benefits for whom?

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Post ID: @5rbx+1eayijRE

Coming on here to badmouth your employer isn't helping bring in enough money for your benefits.

Always remember, it was the employees lack of ability to execute that led to the downfall of the sstrategy. Smarter, more motivated employees would have been able to make the vision a reality. Instead we got the equivalent of the Blockbuster employees trying to launch a streaming service and compete with Netflix. Way too late and way too committed to keeping the old ways alive to ever succeed.

I recognize your strategy there boy. Unfortunately we are beholden the terrible decisions of John and Randell. Those two men have cost AT&T more than anyone could imagine/ No wonder they dare not be seen in public, as such not in town hall meetings.

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Post ID: @3pcy+1eayijRE

Coming on here to badmouth your employer isn't helping bring in enough money for your benefits.

Always remember, it was the employees lack of ability to execute that led to the downfall of the sstrategy. Smarter, more motivated employees would have been able to make the vision a reality. Instead we got the equivalent of the Blockbuster employees trying to launch a streaming service and compete with Netflix. Way too late and way too committed to keeping the old ways alive to ever succeed.

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Post ID: @3eup+1eayijRE

You should focus on making AT&T more money so they can afford your benefits. You cause your own reduction in benefits when you sit around, just waiting until your MR75 without taking any initiative to help the company.

Hey, Santone. Stankey doesn't care where you receive his cream pie.

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Post ID: @3mmx+1eayijRE

DTV discounts will be gone at some point next year.

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Post ID: @2ltx+1eayijRE

I get it, inflation and cost goes up. What really bugs me is executives constantly sing the same old song about being industry competitive. This is just a bunch of cr-p, they are just passing the cost onto employees. The net effect is still 15-20% increase in premium year after year. That is way higher than merit increase and inflation combined, which translates into a pay cut every year. You don't have to be a genius to understand why people are leaving, duh.

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Post ID: @2kly+1eayijRE

You should focus on making AT&T more money so they can afford your benefits. You cause your own reduction in benefits when you sit around, just waiting until your MR75 without taking any initiative to help the company.

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Post ID: @2gtn+1eayijRE

You guys sound like they actually offer something. Even with the subsidy its a little better than what you can get on the open market. The difference is the deductible and OOP expense. Not that big of a deal

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Post ID: @2yzl+1eayijRE

@1nhb+1eayijRE funny you should mention Mair, one of his popular quotes: "what get measured, gets done." Love to see the measures behind the industry competitive benefits claim. He is just talking out of his a-s and expect people to trust him, that is a good one. Hate to burst this bubble, most people work here have a technical or engineering background.

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Post ID: @1sgx+1eayijRE

These "free tools" are nothing but data monetize schemes in disguise, no such thing as a free lunch.

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Post ID: @1myi+1eayijRE

" ATT’s health care benefit is actually not very competitive. Very high deductibles and less coverage for more money than most places. During a recent townhall Mail said he spoke with people he knows who said the benefits are great compared to their company"

100% agreed. Non bargained here for 20+ years. The cost to the employee has skyrocketed over the years. It is very expensive high deductible, high premium coverage. I am not so naive as to not understand why the cost to the employee has needed to increase over the years...but to sell the current offering as some kind of industry leading benefit (like Mair apparently did) is pure, unadulterated BS. My spouse works for a large employer. Their coverage is less expensive for the employee, and far superior. And they don't charge a surcharge to cover spouses that have insurance coverage offered at their employer, like T does.

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Post ID: @1nhb+1eayijRE

For active employees, are they cutting the benefits, or not shouldering the inflation. The American people are tolerant of medical cost (particularly prescriptions) being much higher than what people in the rest of the world pay.

We have a medical industry that is short on cures and long on maintenance regimes because the latter is what enhances corporate profits. It is Congressional corruption on display, but Americans love corruption. And if you think all the pharma advertising on television is doing anything other than purchasing an editorial sl--t in news coverage, I have a bridge for sale.

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Post ID: @1ibf+1eayijRE

Those tools are a joke! I finally had to ask the phone support weight/nutrition support team to stop calling since it was such a total waste of time!

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Post ID: @1hfj+1eayijRE

If employees would just learn to be healthy and not cost the company billions of dollars a year in healthcare, they could maybe enhance your benefits. They do offer some tools to be more healthy, and encourage healthy lifestyles. US them.

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Post ID: @1hhs+1eayijRE

Don't be scared

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Post ID: @1edu+1eayijRE

"It's almost not worth working here anymore." - The benefits of being unemployed are much worse.

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Post ID: @1sha+1eayijRE

benefits come with no guaranteed pricing commitments from any company. Many companies are negotiating discounts with healthcare providers (you contact that provider) giving their employees a little pay increase to offset those premiums they are selecting. One day will come when employers stop providing medical & healthcare benefits...

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Post ID: @1dkk+1eayijRE

In Stinky's last live via video broadcast that part of the benefit chances were because he doesn't want people at the company who care about their benefits. He only wants people who are happy to work here.

So think about it, if you are complaining about benefits, you aren't the kind of person they want working at AT&T.

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Post ID: @1xgz+1eayijRE

Today, 12/6, Stankey presented at UBS: "So we set out a goal of about $6 billion of expense savings. As you know, we're probably about a little over halfway through that as we close out this year. We've got a really solid plan in place to work through over the next 12 to 18 months to work the balance of that. And some of the momentum we're seeing frankly is so strong, I think we're going to continue to push and drive forward on some of these things even after we hit that $6 billion objective and it will be the benefit that we have to continue to drive our momentum in the market."

He expects to save an addition $3B over the next 12 to 18 months and in some areas continue reducing. Headcount is always an easy one!

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Post ID: @1ajg+1eayijRE

ATT’s health care benefit is actually not very competitive. Very high deductibles and less coverage for more money than most places. During a recent townhall Mail said he spoke with people he knows who said the benefits are great compared to their company. Ummm maybe the exec benefit is good, but the average worker, it’s not good. We use my wife’s benefits since they are much cheaper, better and has 1/2 the deductible. Oh and her company is 1/16th the size of ATT. Our benefits really aren’t good at all.

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Post ID: @1die+1eayijRE

Eventually the company will put management employees on the ACA and give them a fixed amount to help offset premiums.

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Post ID: @1eas+1eayijRE

The massive billion dollar debt isn’t going to lower itself!!!

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Post ID: @1rch+1eayijRE

They will continue to cut benefits and give less than 1% raises. The goal is to get everyone on government healthcare so they don’t have to provide any benefits. This is why our plans are starting to look like what you would get through the government.

They will continue to do anything and everything to get people to leave.

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Post ID: @1xtq+1eayijRE

Yes, they will continue cutting benefits. Stankey and Santone keep saying that T needs to bring their benefits offering in line with other companies. Its a race to the bottom, healthcare benefit is largely supported by employees now. This is part of their plan to eliminate tenured employment. Pay increases are miniscule, you end up with your paycheck and limited PTO. I expect the next benefit cut will be the 401K company match.

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Post ID: @1zik+1eayijRE

Hey, if it wasn’t for the U, you’d be paying on your benefits! ….uh, i mean, if it wasn’t for the U, you’d be paying a lot more for your benefits!

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Post ID: @1hzp+1eayijRE

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