It's funny to me...how people are experts on CEOs. "Replace the management"...it reminds me of "throwing something against the wall and see if it sticks." The solution to the problem is always "get rid of management." "Off with their heads!" Wish for once I could see someone suggest something concrete to turn things around. Just don't see it on here...instead just a b–ch session. Would love to see ideas on "how to turn it around" on here instead.
Originally posted by @xth+19pLYn9w.
To: @xth+19pLYn9w
Sorry folks are fed up with the bad decisions weighing heaviest on the worker bees. Sorry not everybody is seeing Unicorns and Rainbows and has Glitter Farts like you. Try feeding a family of 5 waiting for your walking papers. Also, when dumped you can have Cobra Insurance for 2 years at approx $1200.00 a month unless you want to go on Medicaid. Everything is beautiful ...Disneyland everyday at the T.
OP: Clearly, our C-leaders are no experts either. That has already been established by Wall Street and by the history of their failures, not by this forum.
Before you keep bashing employees that are stating the obvious here, go sweep your own doorstep first.
Coincidentally, you are asking for something that employees have already done for many, many years - making specific recommendations on how things could be improved through the official channels. And what happened? They were fired.
It is obvious that neither the C-levels nor the BOD have ANY interest in accepting or acting on any feedback. That is why even Elliott pulled out.
What have YOU done with all those years of employee recommendations? Where did they go?
Finally, there have been tons of good ideas on this forum. Did you not see those or are you ignoring them, too, because you don't like what you see?
If you are really seeking answers on how to turn this company around in an EXTERNAL forum, you obviously are no expert either on how this company works.
Complaining about the truth being spoken will not make you one.
And lay off workers that are no longer needed/
It would help to hire managers with the technical skills required to understand whats involved in installation and maintenance of special circuits instead of promoting a wire tech that hurt his knees and shoulders and brags how he can’t carry a ladder and is afraid to go to the jobs the techs work on. Those ex wire tech or service tech types that never did any technical work should be moved to the basement and confiscate their prized red stapler asap. Good riddance.
OK, here's the "go forward and survive" T plan, for free (no need to spend tens of millions on any more consultants to incompetent T top leadership):
There, you're welcome. Go forth and prosper.
You guys thought Randall was bad, Stankey said hold my beer. He is absolutely the WORST I have ever seen and I’ve seen a few prior to coming to T. Some were brilliant, some well loved, and others were their own worst enemy. Yes, I’ve reported to that level on a few occasions. T was a great place to work, now it’s dog eat dog and run by incompetent people at every level. There are some exceptions, but not many. Other than the field techs, how many folks have bosses that could do your job? I’d bet very few.
Not defending management at all. They got us into this freakin mess. What I am saying is yes..they s— and need to go. But once they're gone...what needs to change to turn things around? Could give a d*amn about what has been done. That train left and isn't coming back. T Mobile was a freakin' disaster and top 3 should have been gone right away. DTV was already going South. Get into the content business? As many would say "Are you on d–gs?" So get rid of them. Great...then what? What's going to turn things around? Fiber buildout? More spectrum?.Get out of streaming and content business and focus on business services and just providing the pipes? Become low price leader in cellular? What? Curious what everyone thinks if top management gets kicked out the door. How do we right the ship? What do you think we should concentrate on?
Anyone possibly attempting to defend or exonerate upper management for these debacles over the years was either in on it or somehow benefitted financially : most likely both
The T Mobile failed acquisition was a drastic mistake and had negative consequences that we are still suffering from today. Not just the six billion breakup fee, but the lost spectrum that T Mobile acquired. Talk about leaving money on the table! No wonder some employees want to forget it ever happened.
Then avoid the site and complain about complaining to your local bartender.
Can we get more complaints about the failed T-Mobile merger? Nothing says how smart you are more than complain about a failed merger years and years ago. Nag, nag, nag.
To the few proponents that believe C-suite is making all the right moves and do no wrong. Just remember there are no sacred cattle when it comes to job cutting. Perhaps you will have a change of heart, if, and when your position/job is adversely affected!
The very worst 3 major corporate decisions in T's very long history (actually among the worst 50 or so in total US corporate history), were made by just 1 individual (paid many, many , many millions each year and in retirement), supported by an exec team under him who is also paid many millions:
T Mobile botched bid with billions in fines/penalties, to bankroll a competitor and hit T earnings hard in the meantime (a rare double whammy, not easy to mess up that badly in any industry)
Direct TV (needs no commentary at all, massively painful billions in losses booked and yet to book)
Warner Media (jury still out on that in post Covid media world, but based on same individual who pulled the trigger on above, just employ basic probabilities based on his track record, it will be a miracle if history doesn't prove it as a rather lame purchase decision at a over inflated price, at best)
Millions of people over many, many decades built T to the world's largest telecom company. Among them were truly brilliant inventors, strategists, leaders, and incredibly hardworking "average Joe's".
But 1 single individual human being, disgustingly overpaid and pitifully skilled in any area of strategy or leadership, supported by about 15 "yes" people who also are horribly overpaid, has run this once proud ship directly into the rocks. It now is bashing against the rocks, taking on water, laden down with heavy debt (actually increased even last year), and no lifeboats to save the lower class workers trapped below decks here. Casualties are assured unfortunately, and many have already happened.
Think of T as standing for Titanic: driven full speed into not just 1 iceberg (T Mobile debacle), then directly into another while slightly damaged (Direct TV purchase), and as harmed greatly by that diret hit, followed by another glancing blow at Warner Media. Standing at the helm and directing every single turn, captain RS.
And you actually wonder what the average T staffer has against CEOs here? 1 person should have walked the plank 4 or more years ago, or at least gone down with the ship, but they will do neither.
The issue for AT&T is quite clear - obsolete products in the copper arena. The amount of customers continue to erode. Also there is price erosion. It's no longer 25¢/minute for long distance.
My VOIP goes for $3.50/month with LD included. AT&T can't compete with that with $30/hr technicians. At some point copper will become money-losing, with no net income. By 2030, it will be fiber or wireless, with maybe still some coax. But copper pairs ─ gone.
My 25mbps internet is fine for a 1080 TV. But, a 4K tv needs 50mbps. 8K - 100 mbps. I'm seeing 8Ks now, and its only 2021. Video will make copper obsolete.
It's only fair to question upper management since they are always beating us down and always seem like we are the problems keeping this company from making a profit.
This is a layoff site and identifies problems to help. Some include management changes, not really bit-hing, evaluations/annual reviews. Read the website name and figure out who does not need to suggest here.
I am not the answer man, but laying off more people would not be the answer.
I have to charge you for the advice I would give to turn the company around.
a couple million to start with but I can say stop doing it the harvard/china way. there I won't charge you for that advice.
"Would love to see ideas on "how to turn it around" on here instead."
Okay, I'll bite. Get rid of Warner Entertainment before you have to sell it on Ebay like DTV. Of course, that's gonna involve firing Stankey. He can't admit errors and correct them.
Stick to doing what you know: networks.
Employees (stakeholders) used to be empowered, valued, encouraged to use critical thinking skills and come up with solutions to improve products or processes. That all changed with the micromanaging, condescending, we know best, top down, shut up and do as we say, elitist management style.
The results speak for themselves, low stock price, no longer a leader, market loss, low employee morale and don’t tell everyone it’s all because the pandemic and tech change. This company is over 130 yrs old and has gone through many wars, depression, recessions, virus’s, diseases, technology changes before and it didn’t result in large layoffs, reductions in benefits, huge market loss, a general disregard for employees, etc...
" Backseat CEO's. The less skills they have, the more they think they know how to run a company."
Stank, seriously man...you must have SOMETHING more important to do than messing around on here. ..? Anything?
Didn't matter to me who was in charge.
Brown, Notebart, Whitaker, Stevenson or any of the others.
I, as a peon outside tech, didn't care.
The $$$ better be here on Friday.
Those were the only numbers I concerned myself with.
Caring about 7 levels above you is a study in futility.
Because 7 levels above you don't give a shat about you.
Funny how Stinky wants to share his advice on leadership with the entire company when everybody who actually knows people who work around him know that nobody likes him. He doesn't know squat about good leadership. He doesn't know technology. His horrible decisions from the past shows he doesn't know finance. Therefore, you have to wonder what he knows other than bu11sh1t$ing his handlers.
Backseat CEO's. The less skills they have, the more they think they know how to run a company.
Ok Bubby Wallace!
Here’s an idea. Senior management needs to stop making dumba$$ purchases of companies completely out of their expertise and outside of their industry.
All this cr*p reminds of when JC Penny purchased a friggin’ pharmacy chain. Total mistake by their CEO and BOD. Never should have happened. The company lost billions and had to layoff thousands of employees.
Remind you of anyone?
This was hardly witty or clever enough to warrant it's own post.
They BOD should look into some diversity in the C-Suite, perhaps they should look to India for some talent. I know a lot of them have multiple Master's degrees.
I love it when you use big werds. "obfuscate leaderships strategic malfeasance".
op are you with asset management trying to protect the brand? I would say that is a losing battle on this board just got back to glassdoor and make sure there are no bad ratings on that web site.
Just another post by Ratty and Stinky's ATT Reputation Defender Organization. Give up, you two know you have stolen more than enough $ from employees, shareholders and customers.
Only response to those who think current management is just fine, Share Price. You are what your record says you are and Stevenson Stankey Duo have been spanked by Wall Street and the investing public for their entire duration. At some point ATT wont be able to borrow any longer to obfuscate leaderships strategic malfeasance.