Thread regarding AT&T layoffs

Incompetent management - that's why

Why AT&T Shares Fell 22.6% in the First Half of 2020

"Shares of AT&T (NYSE:T) fell 22.6% in the first six months of 2020, according to data from S&P Global Market Intelligence. The telecom and entertainment giant fell along with the general market in the March crash but hasn't recovered as well as some of its peers."

https://www.fool.com/investing/2020/07/09/why-att-shares-fell-226-in-the-first-half-of-2020.aspx

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