Were cuts also made in the jobs sent overseas to India and Brno?
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ATO 1Q2019 layoffs for US based employees "only", locations like Brno, Czech Republic, Havant, England and Singapore Call Centers are hiring in droves and safe from these surpluses, all while the AT&T death star promises incredible broadband investments/upgrades, new jobs, and new innovations takes and capitalizing on an estimated $20 billion in tax cuts under the current administration.
Rumored, the first six months of 2018, AT&T reported nearly $10 billion in profit as the company finalized the $85 billion merger with Time Warner. AT&T has spent $16.45 billion in stock buybacks since 2013, including $419 million in the second quarter of 2018, allegedly the most its spent on buybacks since 2014. All while Randall promised to create those 7,000 “hard hat jobs that make $70,000 to $80,000 per year” with the $1billion investment in anticipation of the tax cuts.
https://www.techdirt.com/articles/20180903/09561940575/after-nabbing-billions-tax-breaks-ats-promised-job-growth-magically-evaporates.shtml
https://www.theguardian.com/us-news/2018/aug/28/att-earns-record-profits-layoffs-outsourcing-continue
Message from Jeff McElfresh
To: U.S. ATO management employees
Jeff McElfresh
As I addressed in December's townhall, we continue to operate in a highly competitive environment, facing both the opportunity and change associated with technology disruption and evolving customer expectations. While we advance our business toward the future amid these forces, the reality is our business remains under persistent pressure. AT&T Communications is not the same company it was a year ago and it won't be a year from now.
To win in this new world, we must continue to lower costs and keep getting faster, leaner and more agile. This includes reductions in our organization, and others across the company, which will begin later this month and take place over several months.
The desire to be faster, leaner and more agile is also driving decisions regarding where it makes the most sense for employees to be located. It's critical for us to bring employees together to increase the pace of innovation and further develop the right skills in a more open, flexible, and efficient work environment. Therefore, our collaboration zones and hub cities become even more integral.
The truth is we've been saying this organization needs to get leaner, faster and more agile since 2014. We said we would be a different type of company by 2020. But this doesn't change the fact that these are extremely hard decisions, and no leader makes them without first carefully weighing alternatives.
I recognize this is difficult news with limited details, and the timing for something like this is never right. However, I wanted you to be aware of these developments. During this time of transition, we will keep you informed as developments occur.
In addition, please note the communication on extending the 2018 interest rates for calculating pension lump sums. Eligible employees who leave by March 31 and elect to receive a pension lump sum by April 1, 2019 get the benefit of the 2018 interest rates, which yield a higher lump sum amount than the higher 2019 interest rates. We're reminding those who are eligible, so they can consider the opportunity to take advantage of this one-time-only extension.
Jeff McElfresh
President – AT&T Technology & Operations
We were told that the Brno Engineers would not be affected. Real shocker there
CR=Czech Republic. Great workers; smart folks. Job loss is job loss. Each country has different regulations of which AT&T had to agree to.
Thanks
Czech Republic
H1b’s can’t be surplussed. It’s in their work agreement with their sponsor. The sponsor is the company that employs them.
CR likely Cost Rica..
What is CR government?
They really screwed the pooch with that one. Made a deal with CR government that guaranteed X amount of CR jobs for X years without fully understanding that country's labor laws apparently. About 90% of my teams interaction with that place has been with sub-par performers that have no business in a technical career position. But you get what you pay for, and then you can't fire them.....
Really, they most likely hiring overseas full throttle layoff in USA one worker for $30 bucks per hour hire 6 people in another country for $5 bucks an hour
And then managements loser trolls get on to mock the people who have list jobs, get back to washing Randy's car loser.
Send jobs overseas and then fire Americans? Say it ain't so!
Of course not. They hand out pink slips to hard working Americans, and hire more cheap, offshore labor. Of course, this has a negative effect, not only on the workers, but the customers. At the same time, they mine for H1Bs, and fire more Americans. Why pay a fair wage and benefits? Those executive bonuses are all that matters.