Thread regarding AT&T layoffs

Another blunder that will be reversed in 5 years

Corporate real estate is under pressure nationwide. Companies are downsizing footprints, unloading space, writing down office valuations. The market is screaming that centralized office demand has structurally changed.

And we’re committing billions to a brand-new headquarters tied to a five-day RTO mandate that the workforce has overwhelmingly pushed back on.

This isn’t vision. It’s denial.

When capital is expensive and the market is shifting toward flexibility, you don’t double down on fixed costs and hope behavior bends to your preference. That’s not leadership. That’s forcing reality to conform to ego.

We’ve already lived through massive strategic swings that were sold as bold and transformative, only to require years of cleanup. At some point, repeating the same pattern stops being bad luck and starts being a decision-making problem.

You can’t build the future of work by anchoring yourself to the past. You can’t demand innovation while ignoring market signals. And you definitely can’t call it culture when the people you’re trying to attract are openly telling you they don’t want it.


by
| 1417 views | | 21 replies (last February 24) | Reply
Post ID: @OP+1khr8ha7m

21 replies (most recent on top)

@t9 Someone finally gets it. 99% of management will be in Plano in five years. Others are in denial.

by
| | Reply
Post ID: @12y+1khr8ha7m

When you look closely at this, it's a return to the old days when there were office campuses that housed the entire white collar workforce in one location. They talk about the 8 offices based on markets, but that will go away as soon as Plano is built. You can bet that every white collar worker will be told they must report to Plano. No exceptions. That is the plan they aren't really giving you the full info about. I remember a time when many companies had this setup for their workers. There were a lot of amenities for the workers. They often had company picnics and cookouts. Racquetball courts and all kinds of other things for the workers. Seems to me with RTO in order to keep corporate real estate happy, this is the direction ATT is going. This is the way worklife is moving. We can expect more of this from many more companies. ATT is not leading the charge on this. Other companies are doing it. ATT, as usual, is just following the crowd. The office in Plano will be completed by 2029 if all goes well. The plan is that the workforce will be settled by 2030-2031. You can bet that "settled" means that if you are an office worker, you will be reporting to Plano.

by
| | Reply
Post ID: @t9+1khr8ha7m

Sad part of new building is that Ai is going to replace a lot of employees job's , Ai is the future and we all should adapt and brace for it. Then add the RTO demand for the little guy and whike upper management doesn't even keep up with what area managers are doing still sitting at home more than in a office, if they even bother to go in to a office at all or unless they know someone is going to be there to tell on them. Lol

by
| | Reply
Post ID: @f2+1khr8ha7m

T has already spent at least 100 million in renovations in downtown Dallas.
What is several billion?
It’s only money that many more layoffs can pay for.
Thanks JS

by
| | Reply
Post ID: @cx+1khr8ha7m

This!

by
| | Reply
Post ID: @cw+1khr8ha7m

@cb John's statue would be him handing over bags of cash to the T-Mobile logo. Or maybe getting bent over by the Time Warner logo? Or maybe a DTV satellite delivering no service to customers because nobody ever wanted DTV. His statue can be many things!

by
| | Reply
Post ID: @cm+1khr8ha7m

This would have been visionary in the early 2000s when Google did it. Now it’s just Stankey’s monument to himself. I’d be surprised if he doesn’t put a statue of himself at the entrance.

by
| | Reply
Post ID: @cb+1khr8ha7m

Please sell my building

by
| | Reply
Post ID: @c7+1khr8ha7m

@bm I grew up in Lakewood loved it there and really miss Snuffers!!

by
| | Reply
Post ID: @bw+1khr8ha7m

@as Closer to home

Speak for yourself. I live in Lakewood and this is the opposite of close. There are a lot of us in this area. Looking forward to getting rear ended on central expressway in 3 years.

by
| | Reply
Post ID: @bm+1khr8ha7m

But but but PiCkLeBaLl

by
| | Reply
Post ID: @bf+1khr8ha7m

"At some point, repeating the same pattern stops being bad luck and starts being a decision-making problem."

And we all know the name of the decision making problem don't we?

by
| | Reply
Post ID: @b0+1khr8ha7m

@as you’re missing the point. Nobody wants to be in any office at all, of any kind, at any time.

by
| | Reply
Post ID: @av+1khr8ha7m

Good that OP has compared the costs of continuing downtown with the suburbs.

You trolls complain both ways.
Don’t like hq.
Complain about the homeless.
Complain about the building.
Complain about the commute

So a new building
Better amenities
Closer to home
No homeless
And plenty of parking

Sounds like he-l

I wonder if by doing multiple buildings they can downsize as well.

by
| | Reply
Post ID: @as+1khr8ha7m

Dark Triad sensibilities may lead to harmful corporate outcomes when Dark Triad perspectives control the direction of billions in resources.

by
| | Reply
Post ID: @an+1khr8ha7m

T always seems be the ‘late adopter’ with workplace structure - implementing the newest fads when they’re choking on their last fumes and have just been proven ineffective.
Some companies just aren’t set up to try and ‘be cool’. Should have stuck with common sense and logic long ago.
Not too difficult - “No, people don’t like being in the office necessarily, but if we require it - will they have places to park? Places to sit where they can be reasonably comfortable 40+ hours per week? Do they have enough privacy for focused work and where they don’t need to whisper on calls to be respectful of others or inadvertently violate COBC by being overheard discussing proprietary company information in front of contractors or guests or housekeeping?
(Or having someone walk by while viewing their own paycheck or benefit details)

by
| | Reply
Post ID: @am+1khr8ha7m

A problem that doesn’t concern you since you will be gone in 5 years.

by
| | Reply
Post ID: @ag+1khr8ha7m

Well said and unfortunately so true.

by
| | Reply
Post ID: @af+1khr8ha7m

That whole video just gave me the ick.

by
| | Reply
Post ID: @ae+1khr8ha7m

👏👏👏

by
| | Reply
Post ID: @a9+1khr8ha7m

Hey.. pickleball courts are what people are looking forward to and don't forget kayaking..

by
| | Reply
Post ID: @a6+1khr8ha7m

Post a reply

: