Any visibility on layoffs, RTO, or relocation to Dallas?
6 replies (most recent on top)
I know an ICB guy who lives and works in Atlanta who is being told he has to move to Dallas. When the experienced pricers get let go, it's over. They already have cut so many heads, your lucky if you get you quote back two weeks after you place it.
Realize this is only the beginning, I know this is no comfort to those who have been laid off this go around, but would you rather be ahead of the wave or on in the middle of it. I was on a conference call a week ago with our VP who stated, after being badgered by several attendees, that the company intends to reduce headcount an additional 50K employees by the end of 2024. After Stankey stated that headcount reductions would be approx. 15K this year, through normal attrition, Surpluses, & RTO, a far worse blood bath is coming in 2024, most of that being management, you do the math. Does anyone remember the Old AT&T that SBC purchased, AT&T at that time had 5K managers and 50K contractors. This is already occurring in the new AT&T. AT&T at some point in the future will just be a store front for many 3rd party companies on the backend running the show while AT&T slaps their name on it. So for those of you who did get cut, you have more opportunities to attain gainful employment while being in front of the wave, rather than having to compete with the bulk of the wave to come. Once again, I know that it isn't very comforting but it is what it is...
Brutal, just Brutal!
Sam as supply chain yet. National role just with a target of no longer needed on the back.
That org is F’d. All jobs in Dallas. People are having to reapply for their current positions. Some who didn’t apply, indicating they would not relo, received surplus notices last week, off payroll on July 6.