LMAO what is this the recession?? All mighty techs at all time highs...this is now $180B in debt with no future - employees living in fear of the next surplus and working on "fake" leadership projects as the surpluses are organized
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@1dfw, was trying to say your “illiterate twit” appears to be a nut job from a previous post. Don’t waste too much breath.
@clo, so in a nutshell.....you don’t like the stock!
I came to work at Bellsouth in 1999. There have been layoffs every quarter since then. My friends and family wonder how I have lived with the layoffs every 3 months. I tell them it is part of the job. Hope I can make 20 years!!
Soo funny,
When interest rates are rising, companies that can’t grow usually see their stocks fall. When you evaluate the stocks you own, ask yourself this question; What is the company working on that has the potential to materially increase the stock price in the next three to five years in the face of rising interest rates? Here’s the answer I get when I listen to the CEOs of AT&T, someone is making money, with not direct exposure, this large acquisition, paying $85 billion in cash and assuming $23 billion of debt for Time Warner. The acquisition is supposed to make AT&T competitive with Netflix which is a worthy goal capable of lifting the stock price materially if the plan succeeds. However, with a pre-merger market cap of about $223 billion, a $108 billion acquisition is a huge bet with significant downside. The arguments investment bankers put in their “fairness” opinions to justify the transaction almost never come to fruition. If this acquisition does not work out, AT&T shareholders could suffer big losses.
In 2014, when the Company bought DirecTV for $49 billion, the acquisition was justified as necessary to compete with Comcast’s triple play bundles which include phone, internet, and cable TV. Four years after the acquisition, I can say from personal experience that AT&T is still not competitive with Comcast.
You people wishing the demise of the company that pays you is funny.
Quit if you’re underpaid.
You owe them nothing.
It’s really no wonder you’re having issues at the job and on the surplus list.
Everything I have is provided by their $$$ and my work.
I owe them nothing, nor them me.
Yea, I’m retired for 6 months... and yea, some things they do make zero sense.
Smile and wave and cash the checks.
Oh, and don’t think for a second Asset Protection can’t find out who we all are. ;)
Just got laid off 2 weeks ago and the package was awesome. 2 yrs severance pay and retiree medical kicks in immediately. Very generous. Thank you ATT
... inside the well padded, elegantly appointed executive bubble.
"I just want to know when will this unending cycle of layoff will end?? "
When only Randall John Stanky, and John Donovon are left running everything from their Ipads.
They are running a Pon·zi scheme, pure fraud in which they "make beleve" in the success of a nonexistent "Content gold mine" fostered by the payment of quick returns to the first investors from money invested by later investors.
Randall said: make the company bigger, & bigger, may be no one noticed that they are cooking the books in celebration with wall street, lol, you may get the dividend, but lets hope you don't lose the stock altogether,
I just want to know when will this unending cycle of layoff will end??
This is torture.
I want to hear how others are feeling about it.
Good! I hope Randal gets canned!
The lower the stock price the better chance of getting Randy fired which is good for us in the long term! So go low baby!
AT&T needs to sell Direct TV and Time Warner and take the money to invest in coast to coast fiber, improving customer service, and fixing wireless coverage. Bring all customer service to American call centers and give employees raises to bring back morale!