Thread regarding AT&T layoffs

AT&T Stock: The SpaceX Threat Seems Exaggerated (NYSE:T) | Seeking Alpha

https://seekingalpha.com/article/4914954-at-and-t-spacex-threat-seems-exaggerated


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Post ID: @OP+1kvxqwp86

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Is Elon Musk laying off employees?
AI Overview

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    Yes, Elon Musk has fired a significant number of employees across his companies over the years. His major workforce reductions include:
    X (formerly Twitter): Following his acquisition of the company, Musk eliminated roughly 80% of the platform's workforce through a combination of abrupt firings, mass layoffs, and stringent ultimatums (e.g., demanding employees commit to an "extremely hardcore" work environment or resign).

Aura Intelligence
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Tesla: The company laid off over 10% of its global workforce amid a restructuring phase.

YouTube
SpaceX: Musk has fired employees at his aerospace company, which has also drawn legal complaints from the National Labor Relations Board (NLRB) regarding the alleged unlawful termination of staff who were critical of his behavior.

YouTube
·CBC News
Federal Government: Musk heavily participated in federal workforce reduction efforts, including the controversial dismissal of thousands of federal agency personnel and administrative wo

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Post ID: @a6+1kvxqwp86

The main difference between the two companies is the culture and leadership. They have a clear goal, direction and trajectory. Space X employees are treated very well by their leadership. The people there are excited to work there and are motivated and want to win.

Here employees are treated like sh!t. The CEO sends manifesto emails blaming the employee base for his bad policy and shortcomings. He says things like “loyalty is dead”, if you don’t like it, leave” , “There might be a disconnect between you and your current professional choice.” And “ “we have more outliers than we’d like” when speaking about a the feelings of the masses in the employee survey.

When the CEO says to his employee base “You don’t matter” and force 5x RTO in an attempt to force people into quitting, then people check out. Stink doesn’t care about your social, emotional, or mental well-being. The lack of understanding, recognition, and value has fully contributed to the disengagement, anxiety, and fragmentation.

You’ve seen his record. It’s reflected by the stock price. Space X is going to ki-l AT&T. The damage is done and it’s too late now and too far beyond repair.

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Post ID: @a5+1kvxqwp86

Here are the reasons this company with this leadership style will fall behind space x within 5 years:

Extreme Scapegoating & "The Other"

  • A hallmark of bad leadership, such as the arrogance exhibited by leaders at failed companies like AT&T is deflecting personal and strategic failures onto external factors, internal rivals, or entire departments, fostering a culture of paranoia and blame.

Absolutist Fanaticism

  • Many executives driving companies into ruin stubbornly refuse to pivot. They mistake their own inflexible dogma for visionary genius, leading organizations into bankruptcy or scandal.

Totalitarian Control Over Dissent

  • Leaders of toxic corporate cultures actively suppress internal feedback, surround themselves with "yes-men," and retaliate against whistleblowers. This inevitably isolates the C-suite from reality, creating blind spots that allow organizational fraud or collapse

Cult of Personality Over Competence

  • Narcissistic leaders, like John Stink of AT&T, frequently prioritize personal charisma, media hype, and public relations over building sustainable, operational business models
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Post ID: @a4+1kvxqwp86

Maybe in the short term. Long term they will eat our lunch on talent revenue debt to ebitda, immediately they beat us on culture, policy, best places to work, AI readiness, talent retention etc. rankings. You’re a fool if you think T is better investment than SPCX. This leadership doesn’t know how to run a company of this size.

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Post ID: @a3+1kvxqwp86

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