Topics regarding layoffs at AT&T

Topics regarding layoffs at AT&T

How can Stankey keep his job after this?

No matter how hard he tries to spin this, this is a huge loss for us. We get fired for the smallest infractions, how is he going to survive something as big as this?

Legg Org Townhall

If you are in Legg organization please vote up the questions for June 3 Townhall. This will be the 3rd exec to dodge the questions

Stock Price

This stock is not worth over $30. I hope on the 2nd qtr. call ALL of the severance, transactional and restructuring costs are laid out. There needs to be clarity on Kilar’s new role. There should be some senior level terminations behind this... — read more 

Dividend needed to be cut

I've been saying we need to cut dividend for years. I've posted it here before and got laughed at. But the fact remained through all that that we were (and are) not able to afford what we were paying out. Our levels of debt are the best indicators of... — read more 

Apologies

My apologies. 5 years ago, I stumbled across this site while looking for more information about AT&T acquiring TimeWarner and how DirectTV was handled/treated. When I read the posts on the site, I remember thinking to myself, “what a bunch of... — read more 

Warner Media Discovery suspicious timing

Anyone else feel the timing was a little odd? The announcement took place after AT&T’s BOD re-election. Some might consider this to be an integrity issue. AT&T’s top 10 shareholders must demand the resignation of all BOD members. JTS needs to stay... — read more 

Back in office

Got notified that my group is going back to the office full time starting June 7th- I’m so nervous - anyone else going back?

Anne Chow's view

I love that, build the box. Don’t just think outside it. That’s what you need to do with 5G for sure. You have a fascinating story and how you got into this type of work and also a little bit about your journey.

At&t news

After 50,000 Layoffs And Absolute Chaos, AT&T Ends Its Bungled Media Experiment Failures from the great-job,-Bob dept Tue, May 18th 2021 6:46am — Karl Bode You might recall that AT&T spent nearly $200 billion to acquire Time Warner and DirecTV... — read more 

stanky honored on cnbc

https://www.cnbc.com/2021/05/20/jim-cramer-adds-att-ceo-to-wall-of-shame-thanks-for-nothing.html

Barron’s

How can this deal create money out of the air? Why is Stnky claiming that T share holders make 100B out of the deal?

OK, what can we expect next?

I just wonder what the next stupid move is or will some miracle happen to get things back on track? I’m afraid a lot more stupid moves will follow. Sometimes I can’t believe the moves that are made by those at the top and, unless they were trying to... — read more 

ATT has no cards left to play?

Do we lay fiber? No. Run our own RAN? No. Create software? No. Innovate in a Bell Labs-like setting? No. There is nothing that makes this company special anymore. Someone remarked very well that this company no longer has cards to play and I... — read more 

TW CEO

The CEO just got a seven year extension which me Kilar will not stick around. The BOD will pay him $52 million to leave. This crew is “brilliant”!!

what can you get for 274k?

https://www.forbes.com/sites/shaharziv/2020/05/12/while-republicans-balk-at-2000-second-stimulus-check-retiring-att-ceo-gets-274000-every-month-for-life/

Level 4 Promotion

A Level 3 manager just got promoted to level 4. He's no longer in supervisory role but still active in the organization. He was successful as the level 3 and really didn't want the level 4 but ultimately accepted it. He's very politically minded... — read more 

the SEC should look at the BOD

TThe scam is, that AT&T exec board are going to buy out Time Warner's entire IP for a fraction of its actual worth. They will undersell everything, and buy it via shell companies. Thats what they did when they spun out DirecTV. Now the AT&T... — read more 

If nobody goes to jail, nothing will change

None of the incompetent and deceptive executives and board members will go to jail. Misleading investors, overstating revenues, understating debts, taking government subsidies for building networks they never delivered, taking tax cuts for... — read more 

Good Read

https://www.techdirt.com/articles/202105/06282946811/after-50000-layoffs-absolute-chaos-att-ends-bungled-media-experiment.shtml

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Duped

Randall Stephenson, John Stankey and John Stephens duped shareholders while getting tens of millions in compensation!! This is almost as bad as Enron. Hundreds of billions of shareholder value has been destroyed and tens of thousands of people lost... — read more 

Financial Problems at ATT

You cannot make $200 Billion Plus in Disastrous Acquisition Merger Attempts, Ignore your Thoroughbred Wireless Business, and take on the most Corporate Debt in America and not be in trouble. Sad thing is if they just boufht them and left them alone... — read more 

How bad is it really?

Even with the infusion of $60B from DTV and TW, this still leaves T with a untenable debt load of $110B. I don't think we know how bad things are now but hopefully as the days go by, we will know how dire things are. I believe Stankey was deseparate... — read more 

D O N E

Called my boss today and said, I’m done! Too young and not enough time with T to “retire” , but I’m leaving the workforce. My financial advisor said I can do it, so, I’m doing it. Can’t take all the process cr-p, to a of training, all the tracking of... — read more 

Leaving T in 2021? Think about this.....

Yes, the pension is 'protected' by the PBGC; however not at 100%. I always thought as long as T is paying shareholders the healthy dividends, our pension is safe. Well, the chickens now have come home to roost, the dividend is being slashed in half... — read more 

Leave ATT (Do yourself a BIG Favor)

Best thing that ever happened to me was getting laid off from ATT. Got a big severance and a job that paid 30% more with better benefits and MUCH less stress from the continued rumors of losing my job. LEAVE THE PLACE!!!!

All you need to know

Over the past five years through Tuesday, AT&T has generated total shareholder returns, a measure of share-price changes and dividend income, of 3%, compared with more than 232% for T-Mobile, 42% for Verizon and 122% for the S&P 500, according to... — read more 

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