Thread regarding AT&T layoffs

He was Stephenson's right-hand man...

and was neck deep in every decision that cost this company over tens of billions of dollars. T-Mobile was on life support and begging for someone to buy them. T-Mobile took the consummate fee worth 6 billion in cash and spectrum and parlayed that into a juggernaut that now kicks our a-s on a daily basis.

Their next bright idea was to overpay for a distribution company that was hemorrhaging subscribers for years. We all know how that turned out, we got pennies on the dollar for that Einstein idea.

Next, they wanted to be movie studio executives so bad that they paid tens of millions to fight the Dept of Justice to make that deal happen. Well, again, we all know what happened there as well.

Each time who paid for their f-cked up decisions? Of course, we did. Year after year after year these id--ts caused all of our retirements to decrease and put our families through he-l. All of the bootlickers in Executive positions that have gone along with this bullsh-t for decades and continue to do so today are just as guilty. Anyone that can tell you in one breath that an obvious RTO policy is not a Force Reduction exercise and then in all seriousness also tell you that you need to remain focused and continue to do the work, is absolutely delusional. Even though we are going to lose our jobs, they unapologetically want you to help them to keep their stock options from taking a hit.

You cant make this sh-t up...

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| 1401 views | | 10 replies (last May 22, 2023) | Reply
Post ID: @OP+1mKfb7GQ

10 replies (most recent on top)

We used to calm him the Org wrecker back in the 2000s.

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Post ID: @mlf+1mKfb7GQ

I’m the wiz

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Post ID: @uok+1mKfb7GQ

Stankey is a nasty, hateful, irresponsible CEO. I don't know what the BOD sees in him. Of course the BOD is no better, all whities, no Asian, brown, or black people. What a bunch of hypocrites! They have included white females on the BOD, imagine that!

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Post ID: @thl+1mKfb7GQ

Just vote out the BoD since the voting ballots were recently issued!

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Post ID: @tpv+1mKfb7GQ

He’s a pathetic lying sc-mbag who never accepts responsibility but continues to do the same. Look in the mirror a$$hole rather than destroying peoples lively hood and families! The mid/upper management and even ADs need to stop drinking the Kool-aid

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Post ID: @mqn+1mKfb7GQ

Stankey will always land on his feet because the Board of Directors will never hold him accountable. He could lose another $200 billion and the BOD wouldn’t do anything but pay him more money!!!

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Post ID: @bqx+1mKfb7GQ

Where is the MSOC metric and accountability for Exec’s?

Stock price decline, revenue loss, assets sold for less than market value, loss of retiree healthcare subsidy, pension sold off to an annuity company Athene to manage, massive leveraged debt, no longer #1 in wireless now #3, employee headcount down by 1/2, could go on and on… yet the C-suite continues to get raises and bonuses, How?

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Post ID: @ysn+1mKfb7GQ

Correction $100b lost.

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Post ID: @spq+1mKfb7GQ

Stankey did do a hard turn in his first town hall, pivoting from the "we are a media company" to getting the focus back to being a telecom provider. I thought "all sounds good, but this is the exact opposite of what you said told us 3 months ago." (See the post on "Gaslighting" elsewhere in this forum).

The overarching fact remains, though: he was right hand to Randall, hand=picked as Randall had been by Whitacre, and he was an officer of the company who participated in the value-destroying forays with T-Mobile, DirecTV, and TW.

If my efforts yielded a 30 percent 𝙙𝙚𝙘𝙡𝙞𝙣𝙚 in company value, I would have been let go long ago. Does anyone on the Board challenge his ever-changing story? Apparently not.

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Post ID: @wlc+1mKfb7GQ

Stank let us all down. I don’t think he can accept he is a failure. Sad for all especially us.

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Post ID: @opt+1mKfb7GQ

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