Thread regarding AT&T layoffs

Good news!!! - He's back. (Randall)

CONSULTING SERVICES AGREEMENT

Commencing on January 22, 2021 and continuing through January 21, 2022 (the “Term”), Randall Stephenson (hereinafter “Mr. Stephenson”) shall provide consulting services to or on behalf of AT&T Management Services, LLC (the “Company”) and its direct or indirect controlled or controlling affiliates or subsidiaries with respect to matters involving the operations and governance of AT&T Inc. and its affiliates as requested by Company (collectively, “Services”). ...
Mr. Stephenson shall provide Services under the general direction of John T. Stankey, Chief Executive Officer, AT&T Inc., or his designees, provided, in performing Services, Mr. Stephenson shall act as an independent contractor and not as an agent, partner or employee of the Company
https://www.sec.gov/Archives/edgar/data/732717/000119312521015737/d21535dex101.htm

(Reality is sometimes stranger than fiction.)

by Anonymous
| 4442 views | | 48 replies (last January 28, 2021) | Reply
Post ID: @OP+195nYd9z
Comment! It's anonymous!

48 replies (most recent on top)

So they can pay the guy $270k a month and a million dollars to consult but we can't afford insurance for our retirees. Shocking!!!!

by Anonymous
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Post ID: @jwo+195nYd9z

Randall is the man!If I owned as much of this company like he does then I wouldn’t disappear either!Glad he can be of assistance!

by Anonymous
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Post ID: @qwj+195nYd9z

He honestly should be in jail. He is a thief ... like STankey - what joke

by Anonymous
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Post ID: @pab+195nYd9z

They're giving this clown a million dollars to come back and be a door stop for a year. This is his it works for the 1% - no failure is too great if you have friends in the boardroom.

by Anonymous
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Post ID: @ygu+195nYd9z

So much for THIER rule that former employees must wait six months before comming back as a contractor!

Oh that's right c-suite has no rules...

So I guess that Ratty could not live on is $250k a month pension plus his $1m per quarter in dividends?

Anyone know how much cheese are they wasting on the Ratty?

by Anonymous
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Post ID: @lgm+195nYd9z

Just get ready for another farewell mixed tape (video) when he leaves as a contractor.

Randy is back to tell Stank and company where additional cuts can be made, which will be touted as winning strategy.

Anyone with with half a brain knows we need people who and sale and tech folks who can deliver. These cronies can't do a damn thing but wear a suit and talk non-stop.

Meanwhile the bean counters are sending out directives to save cost, don't print, don't buy pens. Yet, Randy is getting another big check on top of golden parachute. Way to go, guys, balancing executive pay on the backs of employees. Hell has reserved parking for you all, all y'all.

by Anonymous
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Post ID: @izl+195nYd9z

This indicates to me that 4Q results are really bad. I am sure they will spin it as another excellent quarter but if that was the case then why is RS coming back?

by Anonymous
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Post ID: @lpv+195nYd9z

Did the board of mis-directors just figure out that Stankey can't run the company or is this a move to double down on running the company into the ground?

by Anonymous
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Post ID: @zir+195nYd9z

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