Thread regarding AT&T Inc. layoffs

What’s changed at ATT? They no longer even try to invent the Next Big Thing. Instead, they buy it, using their multi-billion-dollar cash hoards, to increase the next quarter’s profits, and the bonus payouts, layoffs, and cheap labor. When interest rates go up and companies are forced to look elsewhere for performance gains, I’m confident the pendulum will swing back to more organic growth through innovation. And when that happens, the advantage will go to business leaders who are able to create, lead, and sustain innovation-driven growth