Thread regarding AT&T layoffs

Another thing to ponder, workers getting paid, benefits, pension. Great company support us workers.

Too many underperforming employees and too much legacy technology bringing the company down.

but you got dividends and great cash flow and profitability.

meanwhile my portfolio is up 40% since last December 31st.

and my portfolio dumped att stock years ago.

Everyone in the c-suite and on the Board of Directors made out!

Team, as we begin this challenging new year, we're all going to have to make a few sacrifices and work a lot harder to ensure the success of our organization.

In order to ensure fiscal health and continued dividends to shareholders, benefits to current and former employees will naturally have to be cut. Many of you won't be here at the end of this year, but take pride in the fact that you made a difference. Workloads will obviously be increased to make up for reduced headcount.

Just remember team, "you matter". Love JS.

It is ran like a family owned business with a puppet board. Nothing ever happens no matter how bad the rich sons (Randall and John) screw things up.

They continue to try their latest hail mary ideas and take from the employees to implement them. Failure is in the eye of the beholder and only their eyes matter. Everyone else sees failure and a cabal.

AT&T stock performance pales in comparison to Verizon and even much worse T-Mobile. It is a wonder this board and Stankey still have a job.

And that is how you lose your employee base to apathy. Don't forget the majority of employees just don't understand the vision.

But the dividend though....the dividend!!!

In the past, I've posted similar commentary but that said what OP has posted is absolutely stunning. To think that Stevenson, Stevens, and Stankey are still in charge (or remained in charge for as long as they have) after the incredible loss of company assets is beyond comprehension.

That the board could have anointed Stankey to his current position is just stupidity. Nobody better positioned - really?? Stevens, with a third rate law degree and not even a CPA the best choice as CFO - come on!

I've asked this before and I'll do so again: What are the odds that literally every investor, analyst, AND expert is wrong, and the subhuman filth that occupies the C-Suite is right?