Thread regarding AT&T layoffs

LA Times: Randall Stephenson Should Be Fired

http://www.latimes.com/business/hiltzik/la-fi-hiltzik-att-slush-20180509-story.html

“In AT&T's case, the spotlight should fall on CEO Randall Stephenson, who has bet his career on pulling off the Time Warner merger, and on the other 12 members of his board of directors, a couple of whom have been in place since the last century and all of whom were on the board when these payments were made. Either they were ignorant of the payments, or they knew about them and let them happen. It's hard to know which would be worse.”

by
| 3822 views | | 18 replies (last May 12, 2018) | Reply
Post ID: @OP+T7qFSGA

18 replies (most recent on top)

Randall is not going to be fired and will continue destroying AT&T. Deal with it! He and the upper level management are on a death wish.

by
| | Reply
Post ID: @1aeq+T7qFSGA

Yes, Randall an idiot and has a big mouth. Mr.Cohen on the other hand as of yet has not been convicted of anything, so hold off on the hysteria until he has his day in court.

by
| | Reply
Post ID: @1yah+T7qFSGA

Don't cheer for Scott Ford. He previously sold Alltel to TPG for 1 of 2 reasons. His stated goal was so Alltel would have the financial backing to compete in the spectrum auction of 2008, and to become a national wireless carrier and live on to compete with the big boys.

The other would be the nice premium in the stock price that those at the top enjoyed through their own shares and options when the buyout occured.

We all know what happened, and we all know who wasn't hurt by the buyout. And bonus, now I'm on the Board at AT&T. Sweet!

I'm not saying ha made a bad move if you're in that position, I'm just saying he might bring more of the same "disconnect" from the real workers of AT&T

by
| | Reply
Post ID: @1hso+T7qFSGA

No, they all do it is a false explanation designed to let the real sleaze off the hook.

The level of corruption in the Trump administration far exceeds anything we have seen in my lifetime.

Saying they all do it like saying someone who jay walks is a criminal just like someone who is an armed robber of banks is a criminal.

The political system is corrupt and money has far too much influence but Trump was corrupt long before he ever went in to politics and for him the presidency is just another con.

by
| | Reply
Post ID: @gum+T7qFSGA

I’d agree nothing illegal happened. That’s just BAU in Washington and happens under any party whether if us Obama, bush, Clinton, McCain, or Bernie

by
| | Reply
Post ID: @jzg+T7qFSGA

@ -auj

Don't bet the farm on there being no illegal things found. According to AT&T, they were interviewed by Mueller's team during that time frame.

Mueller decided this was out of scope with regards to the Russian investigation, so the matter was referred to the U.S. Attorney's office in Manhattan (SDNY) who recently conducted a search of Cohen's office.

So, this matter is very much in play, the material seized during the search is yet to be reviewed by prosecutors, needing to be cleared by a special master in order to preserve any attorney-client relationships.

So, it is premature to conclude that no illegalities were found. Enough was found to establish the probable cause in that search warrant.

by
| | Reply
Post ID: @ecq+T7qFSGA

FBI investigated this back in November December time frame, apparently nothing illegal about it. So nobody going to jail, nobody getting fired. T has done alot more stupid sh-- than hire someone close to the president for information.

by
| | Reply
Post ID: @auj+T7qFSGA

Be careful what you wish for. Last company I worked for fired the ceo and the new one was 10 times worse. Workforc shrunk and expectations went up and 6 months later boom no job.

by
| | Reply
Post ID: @cpa+T7qFSGA

Remember the margin he was just elected with, the Board is on board with Randy.

by
| | Reply
Post ID: @wjw+T7qFSGA

Not only should Randall be terminated but he should go to prison if it’s found he had any involvement in this deal and it was determined it was a violation of the law. It’s funny how all of us have to take ethics courses and abide by COBC but the leadership team seems to operate under different guidelines. Cohen was not a registered lobbyist and he, by extension, was a member of the administration. One thing is for sure: Randall is toast and those who were involved with this payment should lose their jobs too. It’s time to do your job, board of directors. Save our company!

by
| | Reply
Post ID: @wtv+T7qFSGA

No argument here.

by
| | Reply
Post ID: @gsw+T7qFSGA

He should have been fired after the failed T-Mobile merger. The fact the board didn't do it should have caused a shareholder revolt and got the board replaced. T-Mobile is alive and well thanks to the cash and spectrum from the failed merger agreement. What's going on now is the price of inaction by the board. Getting rid of him doesn't change the problem with the board. AT&T has bigger problems than just the CEO.

by
| | Reply
Post ID: @azk+T7qFSGA

not looking too good here, randy boy ....

https://www.sltrib.com/news/nation-world/2018/05/11/cohens-600000-deal-with-att-specified-he-would-advise-on-time-warner-merger-internal-company-records-show/

"The internal documents reveal for the first time that Cohen’s $600,000 deal with AT&T specified that he would provide advice on the $85 billion merger, which required the approval of federal antitrust regulators"

by
| | Reply
Post ID: @zsk+T7qFSGA

Scott Ford and John Stankey are the front runners

by
| | Reply
Post ID: @pgt+T7qFSGA

Get rid of the corrupt, arrogant dinosaurs. Put in place young people who understand innovation. Everyone who knew about this scheme should have been out the door yesterday.

by
| | Reply
Post ID: @ahq+T7qFSGA

I say bring back Ralph de la Vega!!

by
| | Reply
Post ID: @hqi+T7qFSGA

Last century? That is ridiculous! No one can do well in one job that long. They need to be removed and replaced with millennials. Or better yet, replace them with contractors!

by
| | Reply
Post ID: @ptf+T7qFSGA

I heard there is a push to make Scott Ford one of the directors on the board CEO over John Stankey because he is an outsider with past experience as CEO of Alltel.

by
| | Reply
Post ID: @fbk+T7qFSGA

Post a reply

: