Thread regarding AT&T layoffs

well, cut a few thousands of employee might not even make up the big payoff for Randall's retirement and compensation. And that might be the only thing that Stankey can do to boost the stock and please shareholders.

A 20% pay cut? Please. Stop with the doom and gloom. No benefits. Loss of all incentives to actually do work to benefit the company? If I see you provide emails or other official documents, then so be it. Otherwise, your just talking out of your a**. Maybe you are one of these ppl that have s—ed at the teat and done little else, but now you are no longer protected no matter how brown that nose is. Hmm?

Bell Labs and Western Electric were responsible for the technology, now they are gone.

When T was a regulated monopoly, they were guaranteed a small profit so they spent on R&D. Now, T is a public company with P&L responsibility so anything that doesn't contribute to the bottom line is shut down or sold off. Today, T is an integrator of other people's technology.

If T had to compete in the real world and were not a semi-protected wireless provider with limited competition, the company would fold like a wet paper bag in a hurricane.

I don't understand how a company that has invented so much technology over the years, seems to be tapped out, and now, bloated beyond belief. Seems that we were cranking out great new products and services left and right up to about, well, shortly after Randall Stephenson became CEO. Then it all slowly slipped away.

They want to expand fiber to the house and business. Will create some work for us maybe not enough for all.

If such things were implemented, seems that by 2021, they would have gotten rid of a large percentage of the older employees with pensions (and higher healthcare costs), and the employee core would be much younger. These new employees, are in general, not used to having an annual bonus, pensions, such extensive benefits, and such to begin with or from previous employers. Seems very doable, to a employee base that wouldn't think twice, or much, about the impact. But for those who are left, that are older and have pensions, this would not bode well, if one, some or all of the above were to be implemented. I'm sure top leadership would be spared. My bigger concern, for 2021 and beyond, is the continued cutting on medical and healthcare coverages, as that has been the MO for many years now.