As many have said here, it has been, is, and most likely will continue to be, ongoing.
I would say treat this job as a 3 month contract: If you make it past a round of layoffs, know that you are probably safe for the next 3 months and not past that.
In the meantime, pay off any debt that you may have and build up an adequate and liquid emergency fund if you do not already have one. When the time comes, you will be glad you did.
I wish people would stop using the word “waves”. It’s confusing and doesn’t correlate to anything.
Surplus doesn’t stop . Doesn’t “end”. There are no “waves”.
As long as the Stankman is running things, there will always layoffs. This is because he and many of his minions don't know how to grow a business profitablY....So sad to see what he and others have done to a once great company....
Lets eat some more hot wings and get haircuts...nothing more than deflecting from your poor leadership an lousy results.
Layoffs will keep going until the target goal of 75K employees is met. Many nonessential managers currently out on CP will be surplused shortly upon return since their absence has had minimal impact.
Wave 2 is now Wave 2 - 2024 (relocate by end of 2024) and Wave 2 - 2025 (relocate by end 2025 - expect that to be move forward)
Wave 3 - If in hub but function in in another hub then have to relocate to other hub
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They are never ending. They may not be called "waves" but there will be layoffs every year that ATT exists. I have been with the company for 25 years and they have happened every year.
Up to three last count but who knows, things change constantly. The strike has deferred the layoff for many so, expect a leadership favorite the Happy Holidays layoff. CEO Stankey always wears his pajamas and plays the benevolent role by giving some money to a second class or less than, employee. Kind of twisted, one gets favored while hundreds of thousands have been laid off over the past few years.