Thread regarding AT&T layoffs

"Warner is not financially ill" ... well if it ain't , it will be soon. Just look at DTV, and anything "T" touches... goes to @#it

Of course WM wasn't financially ill. Neither was DTV. This is a load of c-ap they try to sell to employees who they think know nothing. DTV always kept its employees up to date and knowledgeable about the company, it's debt, and what all that means. As someone who came from Legacy DTV, I can't tell you how many AT&T employees talked down to me saying that AT&T somehow rescued DTV from total destruction. What a crock!

"Scary thought that the wireless employees are the only ones who should keep jobs."

unfortunately, they are not

Scary thought that the wireless employees are the only ones who should keep jobs.

they cut all they want if they still don't have a product people want they will go broke eventually. the only thing that has kept T alive is wireless. If I wasn't an employee I wouldn't have any of their services personally. The wireless coverage is bad for me but 5G will save the day even we will fry our customers but who cares.

$300B of debt? Huh?

$300B of debt. You know how the retail apocalypse got the retailers because they couldn't outrun their debt? What happens when interest rates start rising like they are now? They've been at record lows for a very long time, and as debt matures, you can only roll it over at worse and worse rates. And T is paying dividends? What a joke. A problem they're leaving for the next set of bagholders.

If you add finance, accounting, marketing, sales, IT, etc., you would be right. Unfortunately, I would expect most of the hits on the WM side since they were acquired by the T borg.

They will be soon.

When this company deploys capital there is typically not a slash and burn mentality. IMO the biggest question is how many folks will have the skill sets to move to the areas they want to grow. Doubt if being a good HR person for 15 years will qualify you to get a job developing content for HBO.