With this leadership, I wouldn't hope for anything good to come out of this year.
AT&T Inc. is at the beginning of a pivotal year as it tries to navigate the pandemic and beyond.
https://www.marketwatch.com/story/at-t-earnings-to-kick-off-a-defining-year-for-telecom-giant-11611357966
Company has to get rid of more underperforming bellyacher. They are too lazy to increase their job skills. They are only good at complaining about all that is wrong in their lives and look to blame.
i'll bet the quarterly numbers will look decent. i'm sure the free iphone 12 helped them get some postpaid adds and including free hbo max in everything will make it look like its selling even if half the people they're claiming as subscribers aren't even watching it. in the meantime, if you actually work for the company, you know firsthand how it's being hollowed out to keep up the appearance to the outside world that all is well. there are still thousands more employees to lay off and credit is available practically for free, so they'll keep the show going for awhile yet. they s— at actually running the business but they're great with the smoke and mirrors.
Look for smoke and mirrors!
They'll miss on the top line but beat on the bottom line not counting the one time charge for layoffs.
Benefit cuts will be huge. Not because of growth, but because they've k–led so much expense (ie jobs).
Someone needs to tell the C-Suiters that growth by 1000 cuts is not really growth. It's just hiding the shrinkage and creating a completely demoralized workforce where most of your true talent will leave.
More layoffs, benefit reductions, incompetent CEO decisions to come this year with this dumb bell as CEO. Now we have inflation and higher taxes coming with incompetent Xiden in DC who is hated so bad the west coast cities are rioting against him, he's given up on the Wuhan virus, and has armed troops occupying DC. 2021 will be by far worse than 2020!!!