Thread regarding AT&T layoffs

What is the end goal?

Unfortunately, the outlook for existing employees is extremely bleak. The company is trapped in a downward spiral caused by a series of disastrous decisions made by inept leadership. To make matters worse, the economy is in turmoil, affecting everyone except the privileged elite (super rich). Expect relentless cuts to continue indefinitely, unless a major event forces a drastic change. There is no longer hope for a game-changing new iPhone, and Apple's attempt at AR technology is still a huge question mark. Even though Apple is typically infallible in my opinion, their AR venture seems destined for the same fate as META AR. Once Starlink resolves its issues with affordability, reliability, and coverage, it will undoubtedly overshadow AT&T as a far more enticing product offering. Regrettably, AT&T is akin to a sinking ship, and I fear it will suffer a fate similar to that of GE, a company that was once a titan but eventually crumbled.

by
| 2945 views | | 15 replies (last May 30, 2023) | Reply
Post ID: @OP+1mPnRiCk

15 replies (most recent on top)

AT&T is the most anti-fhucking employee company I've ever experienced, it is one thing to lay off the entire people, but the way AT&T does it is evil to the core. They think we are all stooopid thinking that this RTO and relocation is due to "collaboration" nobody gives a flying phuck about working at an office.

by
| | Reply
Post ID: @3eon+1mPnRiCk

The goal is for a majority of employees to be off the payroll with no severance.

by
| | Reply
Post ID: @3hxp+1mPnRiCk

Right size the business to around 85K-100K employees. The next 3 years will be one he-l of an exciting ride. JTS will make AT&T great once again with cutting all this dead weight.

by
| | Reply
Post ID: @2fiu+1mPnRiCk

I innovate everyday when I climb a telephone pole.

by
| | Reply
Post ID: @1tzn+1mPnRiCk

The end goal? To fire you, of course, so the company can limp toward financial survival for the remainder left. So please, just go ahead and throw yourself off the cliff and into the fire as a sacrifice to ma bell, the all knowing and good mother. Do your part, by leaving asap. Signed, big stinky. PS do it for ma!

by
| | Reply
Post ID: @1qzo+1mPnRiCk

Firstnet is nothing more than a contractual obligation loss leader. Everyone knows those lines are just conversions from commercial accounts. No logically minded customer would switch their lines to that platform., smoke and mirrors.

by
| | Reply
Post ID: @1cor+1mPnRiCk

I don't think that Starlink will outdo fixed 5G wireless. Starlink will be good for out in the stix. The one thing to remember, AT&T can't cut beyond what is necessary to provide services to the customers. If they do, the reductions in revenues would outweigh the savings accomplished from the cuts. They already said where the cuts are coming from next, and that is copper.

by
| | Reply
Post ID: @1yuh+1mPnRiCk

So, that I dont have to move to another city. The end game is to find another job in the city I live in and then quit this one.

by
| | Reply
Post ID: @1qzm+1mPnRiCk

The only thing that is certain in all of this chaos is that Stankey will consistently make over $20 million a year no matter what happens!!

by
| | Reply
Post ID: @mxl+1mPnRiCk

So does that mean you are gonna stay at the company and complain?

by
| | Reply
Post ID: @pyz+1mPnRiCk

@lxq+1mPnRiCk There are a few bright spots, like FirstNet, which should have been launched a decade earlier but serves a need, was a good idea. So was.....

hmmm.....beyond that, I can't really think of anything that wasn't a reaction or was a huge success. Jack Welch at GE bragged about coming second to market and take lessons learned from the innovator. It worked, somewhat, but in retrospect look where GE ended up.

What I can think of are enormous financial miscues and errors around every large merger or acquisition from Stevenson forward. None of these delivered as promised, we ended up with enormous debt, we took our eye off of the ball to let T-Mobile create the gold standard 5G network and become the no. 1 wireless company.

How are these leaders still working here? I suppose part of the problem is the huge and disjoint shareholder community where most of the shares are owned through Fidelity and the like. In that world all's well as long as money is flowing one way or another, as happened with all those M&As.

A more active shareholder majority would have tossed these guys long ago.

by
| | Reply
Post ID: @ysw+1mPnRiCk

Come on, son! We are building back better every day, in every way. Embrace the plethora of plenty, the diversity of adversity, the swell of opportunity that masterful leadership has provided us all. Even the Ta----n inherited a air force of it's very own!
Teamwork makes the dream work! Hallelujah!

by
| | Reply
Post ID: @dru+1mPnRiCk

You hit the nail on the proverbial head! The time for Stankey’s departure has come and gone. It’s all over but the shouting now. This was a very well thought out and conveyed post.

by
| | Reply
Post ID: @sfo+1mPnRiCk

T’s primary issue is the total lack of Innovation at any level of the company.

by
| | Reply
Post ID: @lxq+1mPnRiCk

The current issue is the executive involved in many bad decisions is CEO and the BOD allows him to continue. Beyond bad deals he has mis-managed organizations like telling the HBO execs who had won many awards that he knows more about video production
than they do, doing nothing innovative with DTV as it withered away as a satellite provider with good content

by
| | Reply
Post ID: @ixx+1mPnRiCk

Post a reply

: