Thread regarding AT&T layoffs

Don’t see the company cutting to that level, larger than Verizon and T-Mob.

80k badged is the target by 2025. Every other resource will either be laid off, moved to contractor or the business element will be sold.

@mjb+1oJ1M93r

Lots if information but it does not seem to add up. Current numbers for the below please.

Total US employees
Total US contractors
Total International employees
Total International contractors
Grand Total

Ps. re there really about 40,000 individuals on the payroll located in a combination of Check and Slovakia? Or 4,000?

Post: @tbo+1oJ1M93r

“Sell towers” doesn’t make sense. We LEASE over 90%. We only have very few left that we own.

Sounds like I'm gonna wait it out and collect my VTP money sooner rather than not at all!
With my gas already being over $5/gal., meaning everything else will skyrocket as usual, doesn't bother me one bit to keep working and collecting a paycheck every 2 weeks!

Under 100k. It’s not hard to figure out. The “smart” execs just following the leaders. They want to match T mo and Verizon. Only problem is, we aren’t just a wireless company like them AND we have most of the towers and infrastructure, neither of those companies have that. But I guess we could just sell it off and lease it back. Seems to be the trends on wall st. Makes the balance sheet look ok, but it’s really not.

As of 12/31/22 AT&T reported:

162. 9K employees (I am guessing this is just U.S.A based)

As of 06/30/23 AT&T reported:

156. 6K employees

If you just filter webphone data for U.S.A based employees, as of today, there are:

137. 6K

If you add international employees:

164. 5K

International breakdown is as follows:

17. 4K Mexico
18. 8K India
19. 6K Slovakia
20. 1K Czechia

All other countries make up the rest, a few hundred here and there spread all over the world.

Now if you add domestic and international contractors to the mix, the count balloons all the way up to:

389. 5K Total
390. 5K Employees

225K Contractors

Yet, our completely incompetent leadership thinks all the waste is in the employee base.

The real waste is in our vendor and contracting agreements. Employees spend enormous amounts of time performing cleanup duties on behalf of vendors and contractors to keep the lights on around here; while the vendors and contractors run away with all the money.

You will not see vendor and contractor reform though. Many of these sweetheart deals are made between our executives and former executives that know they can keep juicing AT&T until it dies, just for the price of a round of golf and a nice steak. In the end, the good ol' boy network trumps all.

20k reduction for the next 3 years is what my director said

Layoffs will continue until we are parity with Verizon. We have similar revenue, products, and legacy costs as them. We have far more employees