He is still looking to cut expenses and blame investors for not seeing the value in the company
12 replies (most recent on top)
Yay. Turning the company around.
We should have done RTO a long time ago.
I keep hearing rumors that free cash flow is on track to meet estimates and Stankey is turning the company around.
I keep hearing rumors that the Stink will be gone by 1st q 2024. Maybe the street is hearing the same and are stock is taking a bounce in that news.
Yes, cut unneeded expenses.
Truly well done Big John. We are thriving under your leadership in Atlanta and Dallas.
He didn't get the stock up. The Fed are the ones you should be giving credit to. They are planning to hike interest rates one more time. Therefore, since ATT is giving a huge dividend, more people are buying shares of this failing corporation just for the dividends. It pays more then the 5% you get in T-bills. Same goes for Verizon. If ATT and VZ didn't give out any dividends, both companies would have been in bankruptcy by now.
Not enough revenue+ BAD corporate costly $$ decisions = need to cut operational expenses (headcount)
expense cutting is the way of corporate life, per the needs of the business.
Not incurring a debt level that is above and beyond anything in American Capitalism history is a better "needs of the business".
To poster who said “Expense cutting may be the “way of corporate life”
Yes but being OVER $100 BILLION IN DEBT is not a normal amount of corporate debt
collaboration in the office is paying off!
expense cutting is the way of corporate life, per the needs of the business.