Thread regarding AT&T layoffs

You will see 2 weeks severance for management employees. Because Stinky wants you to suffer. Because ATT has bills to pay. They don't care about your bills to pay. Why should the Big Stinker pay you 6 months severance if he just has to change some writing somewhere in some employment documents and you immediately just get 2 weeks severance? He can. He will. Stinky is also going to put his goon squads on PIP'ing you to death, to the point you'll be grateful to just take the 2 weeks pay and run out the exit door as soon as they push you. Months of intense performance training will eventually ease the pain of the final departure and 2 week severance.

“ The recent VOLUNTARY layoffs were capped at 60 WEEKS, not MONTHS. The standard severance (non-voluntary) is capped at 35 weeks.“

Fair enough, but a couple observations…if T would simply do the voluntary offer, even at 60 months, they would be overwhelmed with takers in the undesirable demographic they wish to be rid of. They can pay $23 billion for spectrum, but can’t carve out a sum that would be paltry in comparison in order to get that done.

Even if the “standard” Verizon severance is 35 weeks, that’s 9 weeks more than T.

Again, T’s management severance
is below industry standards and below standard for a company of its size.

The new policy allows the company to not only pay zero severance but to also withhold your last paycheck to help defray the costs of your termination.

@gn+1k3t23nv9

You are misinformed about Verizon's rules my friend. The recent VOLUNTARY layoffs were capped at 60 WEEKS, not MONTHS. The standard severance (non-voluntary) is capped at 35 weeks. Incentive target is also included (prorated for the month you leave).

The voluntary formula was 3 weeks/per year service with a 60 week cap - so you needed 20 years to hit that.
The involuntary formula is 2 weeks/per year service with a 35 week cap - 20 you need 17.5 years to hit that.

This applies to all management below Senior Director. Of course the execs have their own rules.

So you can see that the standard severance for the peons is only about 2 months more than you guys. There were 2 voluntary layoffs in the last 5 years. Prior to that it was 15 years since the last one.

“ Management severance here is already below industry standard, capped at 6 months“

Who is downvoting this? It’s a true statement. Make your argument.

TMO is twice your salary, PLUS your bonus target.

Recent Verizon voluntary severance terms
for management capped at 60 months.

What is it specifically that you don’t understand about AT&T’s severance being below those offerings?

Nah just downvote again, you sad cowardly company shill.

Hasn’t been true for the last 7 years it’s been brought up.

Management severance here is already below industry standard, capped at 6 months.

Current administrations is very business friendly and anti-regulation, so now is the time to make the change.

Leadership does discuss it and 2026 changes were a heavily discussed topic this past year. That's all I'm gonna say

Original poster here, the Medium article sounds very fishy. It is amateurish and seems like a collection of grievances from this site—layoff.com. The writer claims she or he has connections to insiders!

This is a rumor deliberately floated to discourage people (especially those with 20+ years of service) from moving to "follow the work." There are no coincidences in this business. They want you to take severance and leave because you are old and expensive to insure. Period. If you are not afraid severance is going away, you might hang around a few more years.

Why can't we, as a nation, just divorce health care from employment altogether? It is the bedrock of a very broken system.

This pops up here every few months. At some point someone is gonna reply with “our severance is already at the low end of big companies” etc etc

This was never true. You honestly did a disservice by even reposting.

Oh, if HR said so, then sure. They've never been known to lie to employees.

This has been the rumor, but in townhall questions HR has said there are not any planned changes. So we shall see.