Topics regarding layoffs at AT&T

Topics regarding layoffs at AT&T

The writing on the wall.

Since January 1st, 2023, 2278+ companies have announced layoffs. https://intellizence.com/insights/layoff-downsizing/major-companies-that-announced-mass-layoffs/

Interesting read on forced RTO by Fortune

“The forced return to the office is the definition of insanity“ https://fortune.com/2023/06/26/forced-return-to-office-is-the-definition-of-insanity-remote-hybrid-work-careers-gleb-tsipursky/ Check it... — read more 

SWAT/FIBER TEAMS/FIRST NET CUT

Calls went out at 11am this morning to all SWAT, FIBER SALES TEAMS, and FIBER EVENT TEAMS in the Florida Market. They have cut all the teams and created an entire new team call SALES EVENT LEAD. The open positions have already began to show up on the... — read more 

AT&T ROCKS! TO PROVIDE FAST INTERNET IN USA

Biden announces $42 billion high-speed internet initiative President Joe Biden is kicking off a more than $42 billion plan to give every American household access to high-speed internet by 2030. The initiative is the next stage of Biden’s push to... — read more 

If you work under the the Townes Org.....

Expect to work 5 days a week in the office no matter what your title, or what your TW or not. That's the dirty little secret that nobody is talking about, but has been spoken to people who already have been notified. There is a second paragraph in... — read more 

People going away

I notice that lately there are a lot of people who are leaving. I'm happy for anyone who gets a better offer and leaves here. On the other hand, slackers and mediocrity are not leaving, only good people continue to leave. What is this company... — read more 

Surplus, RTO, Relocations, lies..

This is the worst I have ever seen AT&T treat its employees. We are clearly hated by executive leadership and viewed as a drain on resources. Meanwhile, they are the drain with their golden parachutes..

Leadership communications

Haven’t heard from McElf lately. Stankey only talks to Dallas-based GM and above last week. No word from Welday since RTO announced. Legg talks sometimes. Where’s the leadership? Afraid of hearing from your remaining employees?

RTO Non - HUB locations

I have seen posts indicating that individuals at non-HUB locations will be the first to be required to return to office (by end of 2023) at a HUB location (I assume Dallas). While this may be the quickest way at attaining HC reduction it doesn't seem... — read more 

Have you ever seen the JVB walk through the office?

Swings her arms like a freaking person on a cross country skiing machine. I am gonna draw her face with a sharpie with a windmill right below it. Swoosh swoosh swoosh like I am some big shot. A big shot failure that people hate your skinny guts.

Go to a hub

to collaborate with your global team members virtually? It is obvious what this rto initiative is supposed to accomplish,,, as long as he is getting his millions in salary, bonuses and perks nothing else matters

ATT slaps long tenured employees in the face!

Letters went out last week advising remote workers that they would be required to work at a hub location. The expectation is that employees “follow the work”. Many employees would be required to relocate to their nearest hub location at their own... — read more 

Can Retirement Eligible People Get Severance?

A colleague has suggested that retirement eligible people cannot get severance, it has to be either retirement or severance? That doesn’t seem logical to me, does anyone know the answer to this question?

How and where we work letter

Just got an email from with the subject “Employee Designation & Location Letter”. It’s starting. I’ve been in Atlanta, and remain there; the letter says I’m in-office effective 7/10. No real surprise here but I thought people would like to know. — read more 

Original purpose of this site?

A coworker mentioned this site to get information about pending/post layoff impacts, but most of what I see here is speculation, even when browsing the older topics. Is this the norm on this site? TIA

Patents

AT&T has a substantial portfolio of parents it could sell to raise cash to meet cash flow.

Subsidy Tracker

https://goodjobsfirst.org/ Where’s all the money?

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Post ID: @OP+1njdqxSM

Bankruptcy is next

The company has liquidated every real assets other than employees. There’s absolutely no way AT&T is going to operate with another 30% staff reduction. None whatsoever.

2019 Elliot Management Discloses Major Stake in AT&T

https://finance.yahoo.com/news/elliot-management-discloses-major-stake-205808216.html 170 to 175 billion from the loan they took. It’s assumed the sale of DTv & Warner media was the reason why the debt went from $175 to $135 billion.

Expect TMobile and Verizon to capitalize off of

John Stankey's knee jerk tomfooleries once again. Stankey really expects everyone to get behind him. Well he's got a bunch of chiefs but the Indians are turning tail and heading for the forests and mountains. JVB and her Kale Celery Smoothies can... — read more 

Friday stock drop

When the stock drops past 12 It will all be in the past.

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Post ID: @OP+1njovKSs

Does anyone expect anything other than chaos

For the foreseeable future? After all these layoffs and terminations and people just waking away then what? There has to be massive revenue and expense leakage when you do something so haphazardly. It seems like every big decision Stankey has the... — read more 

Layoff-RTO Related Question

I’m a manager still waiting to find out if I’m being relocated, if my spouse & I get divorced can anyone tell me how long they can stay on my health insurance? Serious question so please be kind. Just trying to determine if they immediately drop off... — read more 

Are we ready for more bad news this week?

Last year it was taking a week of vacation to have us choose health care when we retire or a paycheck. This year you have to move to a city to maybe have a job. Myself, I know I have more calls with overseas clueless coworkers who want to write... — read more 

Profit

Does any part of the company as whole show a profit?

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