Thread regarding AT&T layoffs

Rumor: Change is coming quicker than you might expect

It’s no secret inside or outside the company: Stankey is on thin ice. The board can only cover for him so long with stock price smoke and mirrors while the foundation crumbles.

Under his watch we’ve had massive outages leaving customers furious and regulators circling, along with embarrassing data breaches exposing millions of people’s personal info and destroying trust in the brand. On top of that, his tone-deaf RTO mandate tanked morale, drove talent out the door, and turned AT&T into a poster child for corporate arrogance. And how did he respond? Not with solutions, but with ultimatums in all-hands emails.

This isn’t leadership — it’s a slow-motion collapse. Employees know it. Customers know it. Shareholders are starting to realize it too. Stankey’s “commit or quit” email didn’t motivate anyone; it broadcast desperation. And with every outage, every breach, every resignation, it’s clearer that he’s not the guy to fix this mess.

Don’t be shocked if the board makes a move. At this point, the only real question is whether they’ll act in time to save what’s left of AT&T.


by
| 2561 views | | 22 replies (last September 7) | Reply
Post ID: @OP+1k4ct8fba

22 replies (most recent on top)

@a7 thanks for the laugh with "reproductions." I think you meant repercussions.

by
| | Reply
Post ID: @mg+1k4ct8fba

stank is just a number his leadership has no depth. All he knows is chop-chop no innovation and no real direction. you can keep bailing water from a sinking ship but if it isn’t moving it will sit stuck while other ships sail ahead

by
| | Reply
Post ID: @fn+1k4ct8fba

Don't count on it. The BOD is as incompetent as Stankey. A competent and independent BOD would have sacked him and Randel after the T Mobile debacle. Instead, they doubled downed on stupid with Warner Media. Arguably one of the most disastrous M&A's in corporate history. So don't look to this BOD to acknowledge their epic failures.

by
| | Reply
Post ID: @dd+1k4ct8fba

Wishful thinking, OP...From your lips, I mean fingers, to God's...eyes.

by
| | Reply
Post ID: @cj+1k4ct8fba

The board is just as incompetent we just don't get to deal with their d-mbness as often.
They are from winning companies like Boeing, Humana, BNSF, and Ernst and Young a cornucopia of overpriced mediocrity, I'm sure they'll do something earth shittering.

by
| | Reply
Post ID: @c6+1k4ct8fba

“ The only way the board would fire him or ask him to step down would be some public scandal or criminal charges. And this guy isn’t getting any side piece like the Coldplay guy.”

Or some big investment group comes in like they did with Stephenson.

by
| | Reply
Post ID: @bh+1k4ct8fba

“ Judging by the stock performance over the last 5 years, Stankey isn't going anywhere.“

Let’s take it easy shall we? Yes, stock performance this year to date is very good (up 29%).

The 5 years prior to Jan 1 2025 it was down 22%.

It was down during the longest bull run in market history. The stock price was $45.23 in Jan of 1999.

So let’s stop short on calling Stank some kind of financial genius shall we?

by
| | Reply
Post ID: @b0+1k4ct8fba

Yeah like a new captain for the titanic would do a lot of good. Besides Stankey is the board now.

by
| | Reply
Post ID: @az+1k4ct8fba

“Chairman is just a made up title not a dictatorship. He can be cut just as easily as anyone else.”

Gee you’re a simpleton.

He is the CEO and the Chairman of the Board of Directors.

The only way the board would fire him or ask him to step down would be some public scandal or criminal charges. And this guy isn’t getting any side piece like the Coldplay guy.

by
| | Reply
Post ID: @ay+1k4ct8fba

Chairman is just a made up title not a dictatorship. He can be cut just as easily as anyone else.

by
| | Reply
Post ID: @aq+1k4ct8fba

Thought he recently got Chairman added to his CEO title…..

by
| | Reply
Post ID: @an+1k4ct8fba

Looking at the stock - AT&T Inc. (T) $29.56 -0.02 (-0.08%)

Judging by the stock performance over the last 5 years, Stankey isn't going anywhere.

by
| | Reply
Post ID: @am+1k4ct8fba

I think they brought him in to be a hatchet man and he’s doing exactly what they are asking him to do. He’s mentioned revenue per employee on more than one occasion, so where would that headcount lead us to be on parity with the competition? Based on the most recent financial statement that means headcount of under 100k total. So massive cuts are coming to hit that target. They are hoping people leave in their own so they don’t have to layoff, but those numbers are reaching that goal fast enough due to the terrible job market, so cuts are going to happen soon. I’m guessing 26Q1 or Q2 at the latest. So expect about another 40-50k in cuts or roughly 1/3rd of the workforce, this includes field, retail and corporate.

by
| | Reply
Post ID: @ak+1k4ct8fba

Great. Let's play this out a bit. John leaves his CEO position. You think we're getting someone inspiring from the outside? He-l no. We're stuck with one of his DRs. Fabulous. I'm sure everything will change, especially with John still Chairman of the Board.

Sorry to ki-l your spirits but we're f'd for the foreseeable future.

by
| | Reply
Post ID: @ah+1k4ct8fba

Correct. You will be leaving sooner than you expect.

by
| | Reply
Post ID: @af+1k4ct8fba

Technically the board could still turn on him. But I don’t see that happening without something truly catastrophic or institutional investors demanding it

by
| | Reply
Post ID: @aa+1k4ct8fba

You are aware of course that he himself
is Chairman of said Board?

No?

by
| | Reply
Post ID: @a8+1k4ct8fba

He just became chair of the board, aka he thinks he is untouchable. Hence the ballsy email as he thinks he’s some kind of business genius and has no reproductions for his dimwitted actions.

by
| | Reply
Post ID: @a7+1k4ct8fba

Our collective wishful thinking is not going to make this happen. There is no way they boot him out before his mandatory retirement age in two years. Dream on.

by
| | Reply
Post ID: @a6+1k4ct8fba

He's like the store brand of Jeff Bezos. No, the Temu version. Sorta looks and acts the same but is terrible at what he's supposed to do.

by
| | Reply
Post ID: @a4+1k4ct8fba

You won’t go back to WFH, but stankey will be gone… very soon

by
| | Reply
Post ID: @a3+1k4ct8fba

Workers having to work. Keep it up, Stankey!

by
| | Reply
Post ID: @a2+1k4ct8fba

Post a reply

: