Thread regarding AT&T layoffs

Wednesday Call

You have to know Stankey’s earnings call script has already been typed, run by tens of lawyers, Investor Relations, CFO, and PR teams before being shared with him.

When he took the first run at it, does he really think he can sell this to the investment community? Does he think his employee base that loathes him as much as they do will buy in and back their servant leader who has diminished shareholder value and employee morale in such a manner that we haven’t seen in recent American business history? Does he really try the narratives of customers don’t pay bills, interest rate issues due to economic factors, durable product lines through transformation, and oh boy, the lead cable fiasco? Does he continue the angle that he’s right-sizing the workforce simply based on zip code in the spirit of fostering innovation, culture and collaboration? They’ll all see right through it.

What must be going through his mind leading up to the call on Wednesday morning knowing that he’s a lame duck? Oh I know, make Pascal deliver the message. That demonstrates leadership, delegation, and enablement. Good job.

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| 1820 views | | 5 replies (last July 26, 2023) | Reply
Post ID: @OP+1nMUFXwn

5 replies (most recent on top)

We are doing GREAT!

Live your designation

Purpose

Lead Cable

Get ready for the SPIN!

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Post ID: @1cxk+1nMUFXwn

The process to return to office has been a complete disaster, people with better ratings have not be given an option to stay with the company. People with disabilities, including mental health reported to their immediate supervisors, were cut from their employment and preferential treatment to white males over LGBTQ employees.

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Post ID: @pjh+1nMUFXwn

Why bother even watching? At this point, morale is so low and benefits keep getting cut, no one expects to hear anything encouraging. Let’s just assume it will be the same dog and pony show about how everything is great, JD Power this and that, etc. All while you struggle to comply with horrible policies and smile at customers like nothing is wrong. Worry about if you will be next on the list to move or quit.

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Post ID: @pif+1nMUFXwn

The stock will tank after disappointing results tomorrow!!

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Post ID: @ntp+1nMUFXwn

After 33 1/3 yrs, on Sept. 1st I’ll submit my SIPP papers. I’ll hang around a little after as I’m not expecting an offer.
Morale is at an all-time low in Southeast C&E. Even ATT Fanboy Cramer has changed his tune.
CNBC’S stock analyst Jim Cramer last night’s comment on ATT:
AT&T: “Walk away from it. That company is as poorly managed as any company I’ve ever seen in my lifetime.”

Cramer in the past pumped ATT to no end.

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Post ID: @afo+1nMUFXwn

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