The purpose of the offer was to expand the scope of opportunity to those not previously given the opportunity to leave voluntarily (those with 30+, 40+, and yes even 50 years of tenure) who are pretty much ready (in all aspects of being ready) to retire. The interest is there, we just have to see how many are willing to move forward. It was not meant to entice anyone outside that scope to leave. There are of course die hards in that group that just will pass for some personal reason.
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Next round of surplus in ATO (no volunteers). Current rumor on dates.
08-06-18: Impacted Groups notified via conference calls with summary
08-20-18: Those identified as surplus notified (probably via call from your manager)
10-19-18: Off the payroll (60 day period ending)
Good Luck
I heard the target is 8k off payroll by 2019. 5k expected to take offers over the 3 rounds.
Any idea on how many people ATO is trying to shed this time?
If Mobility was the company you came from, then I hope you all realize our pension is minimal and we don’t receive what leagacy T, SBC, and Bellsouth workers do. ATT needs to find a way to level that playing field, there is zero incentive to retire, no health benefits and microscopic pensions. So sad
I'm a prem tech (iefs) from the Midwest, Illinois to be more specific. I am pretty sure I am going to take the sip, I really thought that I could grow with this company but as time progresses it seems nearly impossible. I am at the absolute bottom of my garage in seniority and have been so for over 3 years. I know it's only a matter of time before I have no choice but to leave. I have known many techs to leave and end up in MUCH better situations, I hope this for myself and for anyone reading this.
We have 2 ladies at our center that have 45 and 47 years of service. They both have paid off their houses and cars, yet they will not sign up for SIPP, take the 40K, save 2 younger workers their jobs, and go home. They both say "we don't have anything else to do" About 6 years ago, a man with 44 years was carried out of here. SMH
A wise former employee once said right to our first line during a tailgate, “this job is for nobody”. Lol, still makes me laugh years later. Truly was a priceless moment.
The babies shouldnt be here anyway.The money is in the high tech companies.Even the janitor at google is making 150 k .There is no way on earth a young person should be working at a dinosaur like ATT.
"... most will wait to just be laid off. This way you can get unemployment..."
Why not call the local unemployment office, tell them exactly what is going on, that there is an offer for volunteers to leave in order to reduce force.
Depending on the state, you might be able to collect unemployment. And that is true in my state. The only thing they care about is that one left the payroll in a program designed to reduce force.
I called them up and told them they got to be crazy, but they said, that's the way it is (in my state.)
Certainly, not every state. But, don't be your own expert. If unemployment is an issue, go to the subject matter expert, namely, the unemployment people.
@pcf: I’m part of the “younger” generation and I lean on the experience of those older than me but find myself knowing more about technology than most of my elder peers. Being old isn’t a bad thing in the company as long as you feel you are of value. If you’re competent and can do your job that’s all the company needs but if you’re finding yourself falling behind or not understanding changes in your job then it’s time to eye the door either externally or internally. I know the company messed you over in your retirement years back and that’s why most older people are still with the company. Anyone who dedicates their life and does a good job for a company deserves a nice relaxing retirement.
Voluntary offer combined with an aimless reorg in ATO has me eyeing the door. I am not in the scope you mentioned, but the overall lack of vision in the company, combined with abysmal ethics, just isn't for me.
As a 1st level I am not going to take it. Since the odds are very high that there will be a surplus after this that most will wait to just be laid off. This way you can get unemployment in addition to what they are offering. I can see that those who were planning to retire in the next 2-3 months take this, but the company could have gotten many more to retire if they would have offered what they did a few years ago. They offered 10% more in their pension to go. I would like to stay, at most, 2 years but if they were to offer more than I think many would go.
I am getting very ready to retire and I do think it would be in AT&T's best interest to offer more so they can get some of us older ones to retire. I do think that if AT&T wants to become a younger and high-tech company they need young blood. I haven't heard of a new person in Engineering since about 2005. We just don't have any young people and I think AT&T needs young people. We older people have been through so many 'new and improved programs' that every few years when they come out with a 'new program' we just roll our eyes. Just my opinion though.
The unfortunate problem is, that contractually, the company can only offer SIPP to craft, which isn't but about $35,000, and that isn't enough enticement to those who are retirement eligible, so looks like the old heads will stay, while the babies are let go.