Thread regarding AT&T layoffs

Accept new job or wait for severance?

If you had an option to quit right now for another job or wait for severance what would you do? I can't decide what's a better option. Considering my age and pay, I'm pretty sure my days here are numbered. Still, the fact remains that I can never know for sure. Walking out seems like giving up on a sweet deal but I'm also worried about missing a good opportunity if I don't.

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| 1841 views | | 16 replies (last June 22, 2021) | Reply
Post ID: @OP+1blvrhdG

16 replies (most recent on top)

depends on your age. If under 30 take the new job; luck favors the brave.

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Post ID: @8tku+1blvrhdG

If you will be (from day one) bringing home more money, and/or getting more paid days off, and or getting better or less costly benefits then go to the new job.

As we have all learned, promises of tomorrow are only promises.

Don't fall for the trap of taking a step backward in hopes of making it up in the future...

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Post ID: @6khk+1blvrhdG

Can you do both? If you work remotely you can accept the new job and keep your AT&T job or wait for AT&T to lay you off. Some say it is not ethical to work for more than one company, but our leadership sits on the board of various companies and has multiple streams of income this way. The new gig economy works both ways.

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Post ID: @4ata+1blvrhdG

Go!! Take the new job while you can and it is still available. There is always the chance you won't be let go from AT&T, so you could miss your chance to further your career somewhere else. Also, it is most likely the salary and any benefits from the new company will be more than any severance you'd get from AT&T.

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Post ID: @2rff+1blvrhdG

The best suggestion I can offer is consider the job offer you have. If its a job you really want, with a good company, a great fit, or whatever else makes you really want it, then take it because waiting for severance might get you extra $ but cost you your dream job.

But if the offer is just another job that doesn't really get you excited, you might be able to wait and see.

Still, keep in mind that this is T. There is no guarantee they will continue to offer generous severance packages in the future.

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Post ID: @1dkl+1blvrhdG

I believe we will see another wave of store closings once the ink dries February 2022 with Discovery+. By then, I can’t help but feel that they are going to make loopholes to get out of paying severance. We will most likely see fancy wording that basically says, if you don’t take what they give you, you won’t see any kind of severance at all. I know I personally do not want a customer service position. Most likely that’s all that will be left with the next wave of layoffs.
If you have an amazing opportunity at something now, I would not wait. T is definitely desperate to hold onto every penny they can.

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Post ID: @1vtf+1blvrhdG

Let you be the boss of yourself, not T. Don't leave it up to fate. If you are getting closer to MR75, try to stick it out I guess.

Additionally, if the new job does not work out maybe you can come back to T and bridge your service if you exit gracefully. Just a thought. Yes, I know how bad you want to tell your boss to go shove it, but they probably already know that.

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Post ID: @1dbb+1blvrhdG

Take the new job while it's still available. There's a good chance that ATT will continue rebadging employees to avoid losing severance pay to all those who "just need a few more years".

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Post ID: @isq+1blvrhdG

You should wait for the severance. It's coming very soon.

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Post ID: @eng+1blvrhdG

A job offer is more certain than severance. For all you know, your job might be outsourced. Then you wouldn't get a severance. Accept another job if you can get one.

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Post ID: @ugj+1blvrhdG

was in similar situation, not with this company, I follow a lot of these boards here to see what insight I can gain from prospective employers. so much consolidation, only so many companies in my search.

anyway, my gut was right, entering 17 year with company, had an offer but KNEW, just knew my layoff was coming. I held out. got my severance, which was significant. HOWEVER, it took much longer than I thought to get next job. then I did, then covid, let go again. been a roller coaster.

it certainly gets harder and harder to walk away with many years in with a company,damned if ya do, damned if ya don't in many cases. so many variables, it will drive you a bit crazy.

good luck with your decision.

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Post ID: @agp+1blvrhdG

Don't look a gifthorse in the mouth, a bird in the hand is worth two in the bush...enough said!

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Post ID: @tpq+1blvrhdG

Take the new job and don't look back.

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Post ID: @zla+1blvrhdG

Don't make the mistake of thinking T will provide anything they are not legally obligated to. The company is desperate for cash and will do anything to save money. What a horrible mess T Leadership has made of this once respected company. Thanks Randall and John!

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Post ID: @njb+1blvrhdG

Control your own fate, take the new job, doubtful there will be any layoff or severance this year and my bet is they find ways to lower severance in future anyway, I am impacted by Benefits BS and leaving on my own late this year, I will give them 2 weeks notice :)

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Post ID: @zza+1blvrhdG

Take the new job. There is zero guarantee you’ll get laid off this year.

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Post ID: @mjp+1blvrhdG

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