Thread regarding AT&T layoffs

This company has CEOs that report to a CEO

If that doesn't tell you everything you need to know about how f---ed up this company is, I don't know what does.

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| 1065 views | | 5 replies (last May 31, 2019) | Reply
Post ID: @OP+ZiqfLKr

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The other thing about this is that dumbovan made a point of saying we had too many managers for the staff and eliminated positions if you didn't have enough direct reports. Then they threw 2 levels of CEOs on it so they could collect their million dollar salaries with the big title.

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Post ID: @2mbs+ZiqfLKr

I am not the only genius who figured this one out.

This is a published fact. Kind of like figuring out a AM is a AM.

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Post ID: @1wxj+ZiqfLKr

AT&T is a holding company. Stephenson is CEO of the holding company. There are 4 legal companies setup under it and each has a CEO. That is not an unusual structure.

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Post ID: @1jcz+ZiqfLKr

YES. YES. YES.

I am not the only genius who figured this one out.

CEO of this. CEO of that. CEO over here. CEO over there. Stanley, Donovan, Lee, Stephenson, and the others. All keeping books for their organizations and ready to part ways with the big blue at the drop of a dime. When you run out of people to surplus, you cut the least profitable pieces to satisfy the street.

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Post ID: @1ybl+ZiqfLKr

Huh?

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Post ID: @qks+ZiqfLKr

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