Thread regarding AT&T layoffs

Anyone (especially in the office) that supports Leg T products have some of the safest jobs for the next 3-5 years or longer until it is all phased out. They are not training anyone new to do those jobs. The systems for telco and T long distance are so old and complicated not to mention each region uses a different system. The employees who created these old systems are long gone from the company so any problems take forever to get fixed. If you know them then your job is safe for now. Most people who work with Leg T products are older anyways so it will work out perfect when they are finally let go. Retire and get a package.

at&t could save a ton of money by getting rid of retail ARSMsand a majority managers.

Do you really need a area manager? What do they do besides handle HR stuff which can be handled by anyone pretty much.

Seriously...ARSM if anything wastes managers time to be on calls to talk about the SAME THING every day...They never go to stores ...some of them micro manage and use fear to get managers to hit numbers which in turns causes them to resort to fraud and slamming to make numbers.

I made it! Woohoo!!

Few more months that number will change by a lot again, rinse and repeat.

Your incentive to leave is to go get a better higher paying job elsewhere, what more could you be waiting for?

I would be delighted to leave the ATT Titanic if only T would offer employees to leave voluntarily with some kind of incentive. Other companies do this all the time, but T has put the incentives on the back burner and has no plans on bringing them back. In this case, it will make forced layoffs more painful! The people that would like to leave will most likely remain employed by T and those that want to stay will more than likely be terminated! Such a great business practice!

Doesn’t matter how many employees att lays off as long as they keep incompetent leadership at the top. Stankey and Stephenson and the board sunk this company , not the employees.

AT&T needs to get to under 130,000 employees.

Per Wikipedia, T has 160,700 employees as of Jan, 2023. It still has a long way to go in order to right size the company, unfortunately, in order to compete!

other companies are not ran like this. att will always be badly managed.

One result of all the changes is that the only longterm employees still working at T are those with no other options tied to the legacy pension. Most have no ability or desire to innovate. This is no way to run a business.

Recession is coming and business is shrinking. T has too many employees and layoffs are inevitable. T saved lots of money when people left in 2022 due to pension rate incentives. There is nothing right niw that will make people leave voluntarily. Finding good paying job elsewhere got harder. T has to pay me to leave.

Adjusting the size of the company based on the amount of work. Running a business.

Taking away healthcare supplements and then healthcare entirely allowed them to drastically speed the process without the severance payments. Pretty dirty way to go about it.

It’s the race to the bottom and we lose this race every single time

Recall the dorman days?
That flunkie couldn’t spell telecom but he was made ceo

Correction to my previous post about employee count

169,880 - 3Q2022 per financial statement
162,290 - 4Q2020 per financial statement

Yes there was a 7k reduction in the 4Q2022. At that time there were no significant surpluses mentioned so this drop, the majority of which happened in the first 45 days of the qtr, was likely the result of people who left because of the pension being negatively impacted by rising interest rate.

I know Desroches mentioned the 7k headcount in an interview. McElfrsh said the same?

No public information supports this statement and T down 30k since 2021 is misleading.

230,760 4Q2020 employees per financial statement
202,600 4Q2021 employees per 2012 financial statement (worth noting the 4Q2022 statement shows this as 172,280). No other YE statement I looked at adjusted the previous years employee count.
172,400 2Q2022 employees per financial statement (The qtr WM was spun off) The previous qtr headcount was 203,160. We lost a bunch as a result of the spinoff.
162,290 4Q2022
154,x-x today

In reference to your 30k number (since Jan 2021) you are misleading. You failed to mention the spin-off of DTV in 2021, the WM spin off in 2022, the Xandr sale and any other sales of assets that were smaller and did not warrant any press coverage)

Sales has an incentive to get customers off of copper as soon as possible. I believe there are employees who will read this and not know that this is happening. They only have a generic idea that we are migrating off of copper. This year, sales is not compensated on any copper product, so they are being disconnected as fast as possible and migrated to a product that does contribute to measurable revenue. As has been mentioned several times on here, Wall Street sees AT&T as a neutral stock (neither a buy or sell), because the replacement products do not have the margin that most of the legacy products have had. This is part of the consolidation and simplification process. Looking into my crystal ball, I would not be surprised over the next couple of years if AT&T is at half or less than half of the employees that it has now. Look to your left and look to your right. If one of those people aren't gone in the next two years, you will be.

Another 30,000 employees are needed to make a difference in costs!

Drop in the bucket.

This is not new news.....If you are not supporting Mobility or Fiber build, your job is at risk of being eliminated by 2025.

I think you meant to say copper, typo’s happen

Cooper is so woke. He's going down.

Cooper woke no good. Fiber been very good.

My advice is if you are involved in the cooper plant in any capacity to start considering your alternatives now. Especially any support or sales roles, don’t wait because the writing is on the wall along with leadership stating it will happen, this time unlike the past. The company has to transform to remove business cost, fiber revenues are now more than cooper.