Thread regarding AT&T layoffs

Early retirement

I was surplussed recently, even though I look at it as early retirement, and it does seem that Verizon has always been run a bit better than AT&T. I'm not saying this with 'sour grapes' but their stock always seemed to do much better than ours. It also seems they are treating their managers much better than AT&T does. I know AT&T has a huge amount of debt with the TW buyout but Verizon just seems better run.

I feel sorry for those at AT&T that are trying to get to the number of 75. For those with good degrees it might be best to look elsewhere. Layoffs have been every quarter, for a few years and will continue, and I would not want that if I was young with a good degree. Older people close to the magic number of 75 just need to hope they last long enough to get that number.

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| 1455 views | | 3 replies (last September 27, 2018) | Reply
Post ID: @OP+VkZOqfk

3 replies (most recent on top)

everyone I know hates this company, keep milking the cow dry fellows...do as little as possible, lol

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Post ID: @2lte+VkZOqfk

Layoffs have been every quarter for decades. The telegraph division is gone now. But, they seem to be doing a good job with voluntary incentives, limiting the number of involuntary separations.

As far as the stock, I said it was a buy at $30. And if you bought it then, there has been a bit of a pop, while a 6% dividend limited the risk of further fall.

I bought VZ at $45, right now, maybe a hold, maybe a buy, don't know. However, 5G sounds like a good opportunity for both companies.

But, there is going to be layoffs in some segments of the company, if fixed 5G wireless internet displaces cable, fiber or wired internet. And that may happen.

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Post ID: @1eln+VkZOqfk

i wish id taken the offer. there is no work happening, no money being spent. mo--ns everywhere making up work or "re=planning".

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Post ID: @nvc+VkZOqfk

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