https://www.nytimes.com/2022/11/19/business/media/att-time-warner-deal.html
6 replies (most recent on top)
will never pay for ny times
Whoops ... I meant three best takeaways.
All concise, all cutting, all true.
The two best takeaways from the article:
"AT&T leadership was completely out of its depth, refused to take any advice, and blinded by the kind of hubris developed over a generation of being a government-pampered telecom monopoly."
"AT&T’s attempt to pivot from stodgy old telco to modern video advertising juggernaut completely collapsed anyway under the weight of its ego and incompetence ..."
"[T]he megadeal eliminated jobs for more than 50,000 (and counting) employees, and resulted in a generally shittier product for consumers ..."
I'm not able to read due to the paywall but this is a take on that NY Times article. It is free to read.
https://www.techdirt.com/2022/11/28/nyt-aptly-illustrates-how-the-att-time-warner-merger-was-an-even-bigger-mess-than-you-probably-realized/
I'm angry at myself for not leaving the company sooner. I was so absorbed in my "high performing" job that I didn't realize just how terrible the top was and should have known it all trickles down (the one time where you can guarantee trickle down economics).
paywall
Not surprised, but yes - worse deal ever! Thanks Stinky.