Thread regarding AT&T layoffs

AT&T sells St. Louis tower in real estate reduction move | ksdk.com

Some of us remember this building.

https://www.ksdk.com/article/news/local/business-journal/att-sells-downtown-st-louis-tower-st-louis-bizj/63-df1be288-28f8-4ff1-8a73-752efee601b0

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| 1381 views | | 11 replies (last April 16, 2025) | Reply
Post ID: @OP+1jrxpdk12

11 replies (most recent on top)

No, they sell and sign a lease back. When lease is up, you'll be done. What rock you living under, they been doing this for a long time.

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Post ID: @eq+1jrxpdk12

It's almost as if at&t wants no hard assets anymore. Back in the good Ole days, prior to 1984, AT&T was a world leader in hard assets. They practically owned everything.

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Post ID: @ep+1jrxpdk12

Good god........what next?

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Post ID: @dy+1jrxpdk12

Nice try. It’s a sale AND Lease back.

Yeah that's how ultimately the shutdown process works. San Ramon and the Death Star says Hi!

Fu(k!ng !d!ot.

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Post ID: @b7+1jrxpdk12

Imagine living in Dallas when your school-aged children have to deal with lockdowns because of events like what happened today. So sad it won't be long before those type of events are visited upon us in our RTO offices.

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Post ID: @b1+1jrxpdk12

Old news; this is part of the 170 property deal reported months ago.

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Post ID: @ak+1jrxpdk12

Yeah that's what we were told in San Diego until they kicked us out after the lease ended.

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Post ID: @aa+1jrxpdk12

As planned. #Dallasbound

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Post ID: @a9+1jrxpdk12

Yeah

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Post ID: @a3+1jrxpdk12

Nice try. It’s a sale AND Lease back. They leased it back. Lease…… back. They are not closing the building. All the boomers that were told they have to move because we are reducing hub locations were lied to.

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Post ID: @a1+1jrxpdk12

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