Just as an FYI, housing in Dallas is very tight and expensive! Over $400k and it will come with at least a 30 min. commute. North Dallas is extremely expensive with a very congested commute.
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You can always take AT&T to small claims court for move expenses.
Buy a freaking vowel already! They are doing this because they don’t want you. Time to move on!
They don’t care about you!
Just speaking the truth!
So "John" is simply lying through his teeth to Bloomberg about ATT having 'GREAT RELOCATION PACKAGES"...he stated it clearly, guess he's just a bald faced liar?
don't even get the measley $5K they used to offer lmfao
“a particular company's C-suite executives have recently invested in REITs that are heavily leveraged against housing prices in the Dallas market and they're positioned to take advantage of the influx.”
Taking investment lessons from Martha Stewart? That should end well.
go into debt in Dallas just to be laid off in 23 or 24...brilliant
“ It’s already recognized that not all employees are going to be in the same station of life.”
And that’s the evil design of this plan, John. YOU want people to quit so YOU can collect their severance for yourself.
You might be interested to learn that a number of a particular company's C-suite executives have recently invested in REITs that are heavily leveraged against housing prices in the Dallas market and they're positioned to take advantage of the influx.
It’s already recognized that not all employees are going to be in the same station of life. You can be negative about any change if choosing to be.
yeah but luckily the whole area is concrete and it gets to over 100 everday for 100s of days in a row
Nobody wants to move & pay higher interest rates. Stop trying to make it sound like a win win. It's insane how the company is doing this to save money but it's costing employees A LOT MORE. This is ABSOLUTELY the most ignorant thing AT&T has ever done. It would have been better to lay people off & allow them to apply for different jobs & decide if they want to move or leave. The company doesn't want to pay severance & unemployment. It's a di-k move no matter how you look at it.
Selling a house one owns free and clear to go into debt in Dallas, moving expenses, threats of additional surpluses all sounds like Stankey economics. Don’t get your personal FCF in the same shape as T.
With the current housing market, most employees will be able to sell current homes at much higher values than the initial purchase price. This will help with the cost of hew homes in Dallas.
if you are going to move to dallas or fort worth. here are a few tips outside of dallas county or fort worth county is where all the white folks are because they dont like race mi*ing making it a 1 to 2 hour a day commute one way. if you are ok with POC dallas and fort worth have plenty of apartment you can move into while you find a house.