Thread regarding AT&T layoffs

Plenty left to go

In 2015, there were about 300k employees. At the time the guidance was to reduce headcount by a 1/3 or to get employees to about 200k. This was before TW merger with AT&T. Before AT&T/TW merger, headcount was about 250k with more layoffs being processed each month. So if 30k employees were added and headcount was reported as 269K. The legacy headcount would be 240k.

Based on this math, if the Legacy goal remains, there’s 40k pending reductions. Total headcount would be 230k by 2020.

I expect this number could change depending on debt load management and the ability to restructure the debt, additional competition, new innovations (or lack of), expansion of virtual workforce and automation.

Good info by @WVxwO1O-1fzx.

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| 1421 views | | 1 reply (January 3, 2019) | Reply
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Good thought. Likely the 40k reduction is almost all in the 240k Legacy employees, which means 17% to lay off.

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