In 2016 AT&T told Wall Street they can operate with one third less people by 2020.
They keep telling us to get ready for 2020.
Are these layoffs really a surprise?
Exactly what @Z2D8efw-1zxh said. We are nowhere near the number AT&T wants to be at next year. Until that number is reached expect to see layoffs in all forms: small, big, sudden, announced... Nothing should surprise you until that number is reached.
Managers will not work because they are afraid of dirtying their manicure. Around here it’s called “All hat, no cattle”. Those in charge will soon rid us of these no good lazy scoundrel managers. Funny how they worry now but laughed when craft was surplused.
Not surprised by the layoffs, surprised on how they are cherry picking top performing employees based on the cost to the business. There is a lot of dead weight being overlooked because of the pay structure. If AT&T followed the model they are using laying off employees that are most costly to the business Randall and the 3 Johns would be long gone!
@tvd, you’ve made an interesting point. The brass put out their 5 year plan, in 2015, but the playbook may have changed. Don’t misunderstand, we’re still being phased out, surplussed, Rif’d, call it what you want but though it started as a 2020 plan it may not really be set in stone.
Call Centers are being be closed, or reduced in its existing workforce, and a few cheaper “employee” hires pop up in countries “far, far away.” It fits their need, reduces the workforce and pension equation and lets them eventually eliminate the expense of healthcare, and building upkeep. Union locations are condensed and reduced, in manpower, for similar reasons.
Their plan has become fluid and perhaps not as solid an edict as they once pronounced. They won’t mind the people jumping ship, subscribers dropping DTV. T is finding ways to cut corners, have their Surpluses, and adjust as they go.....the presumption they will suddenly eliminate 75K jobs between now and 2020 (as being unlikely) is right on the money, the Surplus routine will continue, as needed, for a long time, but certainly beyond their mandate......just my opinion.
CRAFT will be replaced by contractors and 5g and management jobs will go overseas. Only c suite seems safe....
The only layoffs upper management can order is for lower level managers, ie: 1st, 2nd and 3rd. The craft employees are required to perform installation of new service and maintenance of existing copper and fiber plant. The automated systems were designed to eliminate managers. Time for y’all to leave, it’s for the best. Maybe you can find jobs managing lawn service or janitors. You will be required to perform said work also.
T announced the 2020 Project. Since then they have taken on massive debt. The easiest way to pay down debt is with layoffs, contracting, and off shoring jobs. I have 18 years and I am praying to make it to 25. Good luck to everyone.
There are a lot of companies doing a lot more with less than a third of the employees that t has.
they should be able to run the company with a lot less than a third.
but who document all the processes and hold all those big "important" meetings where they can say go out and beat google. lol
I personally don't feel the company is going to let go of near as many as they projected in 2016. Craft wise, there have only been a handful here and there. They are not going to wait until the last year, and then lay off 75,000 people. Doesn't make sense. Just a whole lot of trolls and rumors as usual.
Exactly.