Thread regarding AT&T layoffs

It is kind of funny how they jammed all that mandatory training and in the end the only test question was.....what is your office address....

Funny, I posted this as a comment in another post. Not sure how it became its own post.

Truth. I have worked in the Telecom business since the late 1980's for GTE, Verizon, AT&T and at least 3 contract vendors. In total, I have been through 7 layoffs or RIFs as we called them. Sometimes got hired back, sometimes moved on. Stay light on your feet, stay current on Technology, avoid long term debt wherever possible. A six month stash of cash saves a lot of heartache too.

Agree, pretty much this is standard operating practices for the majority of large corporations. Your job is only as valuable as it's perceived revenue value to the company, plain and simple.

BTw it's even worse for companies like Netflix. Heard a podcast that a few years back while they were building out their onlIne infrastructure they asked their engineering team how long it would take them to build out a cloud infrastructure to support their growth. Team said about six months (mind you these are the same engineers that had grown the company to that point.) Management (Reed Hastings) then entertained outside offers and ultimately decided on a partnership with Amazon Aws ,a month later the entire engineering group was gone. Point is it's not about your ability or work ethic it's about your role and perceived value compared to everyone in and outside the company. Workers today need a very different me mindset at work..