Thread regarding AT&T layoffs

Of course the peanut butter is not going to be spread evenly, that would be a dumb way of doing this. My understanding is ATO is going to be hit very hard. If you are not in architecture or operations you are at risk. Even those two groups are at risk but my understanding is that is all that will be left of ATO. There have been about 20 VP retirements in the last 2 weeks, although I don't have direct knowledge I would bet my rediculous government salary that was part of the consolidation and flattening effort. BTY, I do not have a government salary but Transformers is a great movie for quotes if you feel you are entitled to the true, I want answers. Sorry I digress, it's been a long day.

It sounds to like the person who started this thread and many on it work for a very unethical company. If you do you should seek employment elsewhere rather that stay and collect a paycheck from such a dishonest company. I had not heard of the no service issue across huge swaths of their footprint.

If you are one of the laid off consider it a blessing in disguise. My husband was an I & R manager and was hit with a lay-off during the rounds in 2019. Literally best thing that ever happened to us. He is with a wonderful new company making more money and less stress and 100% job security. I promise there is life after AT&T

ngq -

Good point. I counted total employee numbers, including TW. I have no idea if TW will be hit as hard or not. I will assume your 180K is correct for T employees. Even at 30%, it's close to 60,000 employees at a minimum.

I have no motive other than talking about the magnitude I'm hearing about.

This checks out based on the underground rumors I've been hearing for quite some time. So at this time, now about 40% whack, massive chunks hit at once. To the tune of something like ~15K a swing throughout each remaining quarter of 2020. Welcome to 2020 Vision. Day gonna FocUs

Again, not sure of your motives or if you are an actual employee, your numbers are way off. There are only 185k employees under Stankey (excluding TW talent), so essential you are insinuating that there will be a surplus of 57% (up from your hypothetical 49.999 most not affected number). And by the way the largest headcount resides in ATO.

ciw - you need to read and not just skim.

The 49.999% number was just a hypothetical tossed out about Fresh's "most people won't be affected" comment. It was not offered as an actual number.

40% reduction in an org of 5k, with a 5-10 % reduction in an org 30k does not equate to 49.999% reduction. If you are an employee, go into amplify and find for yourself what the total headcount numbers are for those orgs that you “heard” about.

lat -
The vast majority of large organizations (business, consumer, finance, HR) are getting cut, and samples in all of those organizations are in the range specified. I will suggest that based on what I know, there is not a single organization that will remain unaffected at the L4 (ED/AVP) level or above. If you think that a few stray directors who aren't losing people is going to offset that, I think you'll be sorely mistaken.

“ Some groups are getting cut 30%, others by 60%.” Yes, that is correct for some organizations. However there are some organizations not being touched at all (fact). Hence, the peanut butter not being spread evenly.

"most workers will not be affected,"

Jeffy has been very consistent, consistent at lying, so when he says that what he means is that most will be affected. Maybe not this round, but from the current head count you can count on 50% being gone in two years.

OP is spot on. execs screw up and buy everything and get rewarded while the people who enabled them to buy everything get screwed. pretty backwards and is criminal in my book. but when there is no corporate governance the robbers are judge and jury. fox guarding the hen house as they say.

hem -

You're right. Freshy said that. And the peanut butter is indeed not being spread evenly. Some groups are getting cut 30%, others by 60%.

He also said "most workers will not be affected," a promise that'll be kept as long as only 49.999% of employees or fewer are surplussed.

I'm not wishing these numbers. I'm just reporting them.

Op, I called b—s— on your numbers because “the peanut butter will not be spread evenly”. Are you an employee?

zpl -

OP here. This is not a total number of L2s and L3s. It's a total across all levels. L2 and L3 refers to the levels of the managers I know who have received their force reduction numbers.

There aren’t that many L2 and L3s in the company. L2 gets hit every round.

30% of L1-L4 is a reasonable number for cutting! Cutting the redundancies, eliminating unnecessary tasks and focusing on what is required!

100,000 employees is just not possible. That's approximately 40+% of the work force.

ipg - OP here. I'm not claiming I have inside information. This is just based on extrapolating a sample set of numbers from groups of supervisors in various organizations. That's what sampling is. I truly hope it's not nearly that big, but thus far not a single data point shows anything less. Even if it's 30%, it's going to be more than 80,000 employees, not including contractors.

Good luck to you and your coworkers.

"executive compensation is tied to stock price... and nothing else"

And there is the crux of the problem. But hey, this is America. So it's much more important that the uber-rich continue to have their dividend than for the rest of us to have jobs.

Temporarily cutting the dividend by 50 or 75% until the company begins to grow again would save tens of thousands of jobs. But it would mean that the predatory investors and AT&T top brass wouldn't get as much extra money. So by all means, save that precious dividend! The rest of us ... we're fertilizer.

I call b—s— on your numbers...100,000, really?. The obvious reason is because you went from the numbers to an executive diatribe immediately after stating “your” numbers. Some one in the know wouldn’t pen a post as such.