Thread regarding AT&T layoffs

"And what was all that BS about attrition rate? 5-6%, not considering retirements."

Yep... in my group, we already have an attrition of > 14% . These are younger professionals not bound by hoping to maximize pension benefits- and are people who have given their notices but still on payroll (and most likely not reflected in Legg's attrition numbers as of yet). There are many others that are exploring options. And there are even more who reason that, if ATS goes with its Wave plan, they have at most 18 months or so left with the company, so why put out maximum or even "moderate" effort? Productivity will drop big time and I suspect Jeremy won't be quite so smug as this plan unfolds... if it does. I don't think that they will fulfill this "vision" and it will die of its own brand of attrition.

"This is absolutely false. No one is being forced to do anything. Employees are making choices."

Choices...yeah, sure. Like the "choice" they forced on us a several years ago. Retire by 12/31/20 or lose your retirement HRA account. Retire by 12/31/21, or lose your retirement health insurance benefit. Now its "uproot your family & your entire life to move cross country, or find a new job. And hey! This is not a guarantee of employment in the future. Just fyi."

Is it really a choice when they have a g-n to your head?

Remember when Legg parodied being dr-gged and missed his own Town Hall because he was high?

“Within the bounds of an employer-employee relationship, they are ABSOLUTELY forcing people to move.”

This is absolutely false. No one is being forced to do anything. Employees are making choices.

"The risk of offending people just to get your message across is definitely not worth it."

Funny you say that. They used to tell us to manage the off-roll process delicately in part because an ex-employee was still going to be a customer and we needed to be respectful. Now they don't GAS apparently because it's 2 weeks and GTFO. Maybe there's not enough of us left to put a dent in them any longer.

Besides, I started badmouthing the company to anyone I knew a decade ago. That ship has sailed.

Why leave when you can quiet quit? Might even get a severance.

I don’t think Legg is as obtuse as he wants us to believe. He and other execs use extremely faulty logic and then act as though they’ve really come up with a great argument.

A year ago, the job market was red hot. I had recruiters pinging me multiple times per day. Now? There’s nothing. Attrition was higher then because people had OPTIONS.

And the whole “We’re not forcing you to move, you can always quit” line is embarrassing. Within the bounds of an employer-employee relationship, they are ABSOLUTELY forcing people to move. On their own dime. It would be like me saying to my spouse “We’re going to move to Texas, and you’re paying for it. Hey, I’m not forcing you to move, you can always divorce me.” Within the scope of that relationship, I would absolutely be forcing my spouse to move; offering divorce as a voluntary alternative is laughable (although probably preferable).

The risk of offending people just to get your message across is definitely not worth it. Employees should be treated as an advocate for T's product no matter where you are in the org, but constantly offending and be condescending does no work, no wonder the stock is low, we have less and less subscribers. Word of mouth is still powerful. We all have relatives and friends and I have sincerely NOT recommended any of T's product since 2012. I actually enjoy and like my job here, but the management above me, surrounding me are the problem.

Scheiber said the same thing….obviously told what to say. Nice people really nice people.

Legg, RTO IS relocation. You are hurting our families. We are loyal employees. People out here are fighting cancers, caring for loved ones, while bolstering our communities with the checks we earn. Understand that hardened responses to you and leadership is all anyone has left. You hold the cards. Do good. Relocation is causing great harm for entire chains that depend on us.

Sincerely

Employment is voluntary but remember, people worth a sh-t will happily leave and those left will be the clueless bottom feeders.

Not exactly how you attract and retain top talent. It's unfortunate this is what T management has become. With this mentality, they will never be able to compete.

Legg's shtick might have worked at Warner but got old in a hurry here. Doesn't understand that sh*t that employees have been through before him and when he makes statements like this, he will be on the sshle list in a hurry and people won't forget.

It's scary to think that if Stinky should somehow leave, the next two in line are probably him or McFreshy and it's hard to pick who's worse. Or any other choice currently reporting to Stinky for that matter.

He has realized that he can cannot change the trajectory of the company. So, he is towing the line and will be rewarded with a nice golden parachute.

Whole place is going belly up and these turds are just floating until it goes down completely. Bankruptcy and restructuring coming. I feel for anyone with a pension because you'll lose part of that money and I bet the balloon payment for everyone not in the SE will not be there if you are counting on it. Good luck.

And what was all that BS about attrition rate? 5-6%, not considering retirements.
What was his point? Corporation needs to find a way to force people to leave without severance and his brilliant RTO policy will accomplish that?

Sounds like T is working on creating a great work culture :/

What kind of clueless a-s would even say this type of stuff to his employee base. Has leadership completely given up and chosen to just be a--holes instead?

“He said if you find the policy imposing then you can leave, that the company isn't for you then.” You’re fired!

Guys like Legg always seem to be funny, engaging, smart when things are going well but when things start to turn bad they are real f**k heads with no care about the employees who have given their all (union or mgmt).

They convince themselves or spew the line about shareholders rule. Just an excuse cause they can give a rats a$$ about shareholders too.

I expect they’d sc*ew their siblings to keep their power role.

What a real piece of canine excr-ment he is, truly, a real POS!

This guy sounds like a real piece of work

work is voluntary but the layoffs aren't!

Fu@$ him! I’m leaving this sh-t hole

That is simply tone deaf.

Same as McElfresh regarding surplussed employees only having two weeks on the payroll to look for another job, his response “we have no place for you”.

The whole thing about attrition being low over the last year made no sense - that was under the old policies. Let’s see where it is under the new policies.

Wow...what a gutless A-hole. Truly and inspirational leader...

Elitism at it’s best!

he finally shows his true colors

Fu_k him do the bare minimum at work .

Truth.