There will be major layoffs at WarnerMedia when they combine Warner Bros. Pictures and New Line Cinema. There is so much overlap in what they do that it will essentially be one side being wiped out. Makes sense given the total output for both... — read more
Greedy Corporations Freezing Pensions
These greedy corporations are freezing pensions left and right. This started happening way before Coronavirus. They’re looking for any way to take their employee’s hard earned benefits. It makes sense that AT&T would follow along... — read more
The actress who plays AT&T's Lily is facing waves of online s-xual harassment, including manipulated images and objectifying memes
https://www.yahoo.com/news/actress-plays-ts-lily-facing-163141704.html
Elliot is Gone! No leverage, no catalyst, no pressure on the Board of Directors!!
John Stankey can now set his own agenda without interference. Terrible news that Elliot sold their position. The Board of Directors will appoint some lackey as Exec Chairman and both that person and JS will be in power forever!!! There is no hope... — read more
Millennials are screwed
“Most workers are counting on Social Security as a meaningful source of income in retirement, the system’s trust fund will deplete its reserves and will only pay part of its old age and disability fund obligations beginning in 20 years, according to... — read more
The Accenture Deception ILLEGAL
AT&T, Accenture Joined forces to Transform AT&T Consumer Sales and Customer Care, multi-billion-dollar agreement in which the firms will transfer teams to transform AT&T Consumer’s long distance sales and customer care operation. The “co-sourcing”... — read more
NEO's No Meeting Fridays
Looks like the fear of taking vacations have finally caught up at T. Their solution to forcing us to take vacations.....No Meeting Fridays!!!!!
25,000 Jobs Accenture is reportedly cutting to reduce costs.
https://www.thestreet.com/investing/accenture-to-cut-5-percent-of-workforce-25000-jobs
Vacation?
Vacation? I was surpluses in July. If I am hired by AT&T within 6 months of that July off-payroll date, will my vacation time be restored to what it was (4 weeks) or will it be set back to 2 weeks like a new hire?
Accept this place for what it is, or move along.
I found myself bellyaching about the destruction of the company, and the handoff of our careers to the foreigners, but I realized nothing is going to change. The trajectory has been set. It’s normal to long for the “old days”, but they are gone... — read more
Chris Rice leaving
president of network infrastructure and cloud jumping ship
Missed this-Elliott Management Corporation closes position in T
Elliott Management Corporation closes position in T / AT & T, Inc. May 15, 2020 - Elliott Management Corporation has filed a 13F-HR form disclosing ownership of 0 shares of AT & T, Inc. (US:T) with total holdings valued at $0 USD as of March 31... — read more
Where will AT&T be in 5 years?
What's your prediction?
Is this this place falling apart faster with each passing day?
It seems that almost every day, there is some horrific bad news that seeps out about AT&T, and none of it is good for business, the employee or our benefits. It seems to be falling apart faster and faster as the end of the rotten year approaches. I... — read more
Firing to hire?
Is T firing to hire?? Sales? Lower wage, harder working techs?
Well If It Doesn't Stank....ey
"The top choice...was Netflix (NFLX) at 41%, followed by Amazon (AMZN) Prime Video at 28%. Then came Hulu at 20%; cable TV, at 19%; Disney+ at 17%; and HBO Max at 7%." Good job Stank your HBO Max came in last place of consumer demand at a dismal... — read more
Board’s worst nightmare a reality?
Great article https://seekingalpha.com/article/4370172-t-losing-relevance-in-key-markets Not so long ago I thought the strategy was relatively sound but kept face planting in execution - maybe it was a flawed strategy all along 3rd in wireless... — read more
ATT IP address is now blocking theLayoff.com
Anyone else suddenly getting a denial when trying to access this site from your ATT computer? I suspect my computer is being monitored . Anyone else have this issue?
Is AT&T laying off due to COVID19?
This has financial implications. You can avoid the 10% surcharge on 401k withdrawls. Really in need of documentation required or what to say.
To the Future
For those who were laid off what will you tell future employers in an interview? Was at the company just over 3 years and looking to switch industries...looking for any advice or thoughts.
Next Round of Layoffs
Any word on upcoming layoffs in the coming months. I’m sure there will be some unreliable and off the wall responses to this post, but anyone with any real knowledge or information, please ignore those and respond.
Legal Action?
Anyone have knowledge of lawsuits that have been filed or attorneys that are taking cases?
Working Here is Bad for Your Health
All the stressing in the past several months has pushed my blood pressure through the roof. I'm not sleeping well, I'm not eating well... I honestly think quitting and just getting a job flipping burgers would be better for me right now than this... — read more
Who determines who gets laid off?
Do direct supervisors get the final say since they are the ones who are supposed to know best who are the real contributors and who are not or is it somebody up the chain who knows nothing more about the people he or she is deciding on than their... — read more
Pension vs 401 Matching. Why the company selects to cut one first?
Is there a reason behind deciding to remove company matching (401k matching is very common) vs removing pension contributions in future (pension is less common in other industry). This doesn't seem like a straightforward decision. Maybe someone... — read more
ATT trying to save face while screwing American Workers
ATT is a global Telecom company, but make no mistake, it is first and foremost an American company based in Texas. The public has no idea what the company has been doing the past decade, which is getting rid of American jobs. Nonstop moving of jobs... — read more
Management Compensation
I retired recently, but still keep in touch with old colleagues - many are friends and even neighbors. I remember at least 2 occasions when they talked about how compensation was set. At the working level, they compare salaries with a mix of... — read more
Adios 401K - Elliott playbook creeping up
As companies like exxon start cutting match it is obvious T 401k matching may be on the chopping block https://www.marketwatch.com/story/employers-start-to-suspend-their-401k-match-2020-04-21
Warner needs 500 Managers to go
Just received a text on Richard Tom’s group More solid sources tell me Warner has bid news in the two weeks. It has been discussed their are 1000 managers and 5000 direct reports. This is the issue as I am hearing 500 managers need to go on... — read more
Why is AT&T now deciding to increase diversity
Att is now deciding to make diversity important. Is it because it looks good while they are laying people off?
Man Arrested on Charges of $21 Million H-1B Visa Fraud Conspiracy
https://www.justice.gov/usao-edva/pr/man-arrested-charges-21-million-h-1b-visa-fraud-conspiracy
C/E is planning a huge 4 year overlay project.
It’s a good thing don’t get me wrong. There will be hiring, but they just slashed thousands of jobs just last year. Does anyone really have a plan for long term in Dallas?
Glassdoor
Just finished my 2 star review of this horrid company. I encourage others to do the same since they just posted about 50 “5” star reviews that were obviously “coached”. One way of warning people before they sign their life away to the T for... — read more
Like if Freddie Freeman tried to get the usher fired so he could make a few extra bucks
Can you imagine that happening? Yeah, neither can I. But that is exactly what happens when these $30 million per year millionaires lay off people making $70,000 per year to make their stock price go up. Classless!
COR issues
Why, buy just why cant the uppers listen to the front line people! The ones who deal with the issues of the BS of the companies bad mistakes! Customer faces employees deal with the public one on one and the issues. Would be nice if someone cared... — read more
First Layoffs, Now a Pension Freeze?!
WTF! I swear AT&T is doing its best to disrespect its employees at every turn. First they announce a layoff, ship jobs to Tech Mahindra overseas, and now a pension freeze could be on the table??? How could they possibly expect to bring on any top... — read more
Closing in on four months until RS is gone and off the Board of Directors!!!
That will mean there will be two slots for management on the Board - Executive Chairman - an actual employee, and the CEO. No need then for a Lead Director which will open up a seat since M Rose will likely retire. Any thoughts or rumors on who... — read more