Thread regarding AT&T layoffs

AT&T's OFFICIAL RESPONSE

Our Risk Management teams are working with the Telecommunications Association, as we have been unable to confirm the information reported by the Wall Street Journal because we do not have access to all of the data, metrics or methodology used underlying its conclusions.

'In our experience we have not seen, nor have regulators identified, evidence that legacy lead-sheathed telecom cables are a leading cause of lead exposure or the cause of a public health issue, in addition

We have 3 Strategies for Setting Up rigorous expectations to Keep tasks and activities safe within our industry, which have proven effective in reducing potential lead exposures to workers.

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| 2157 views | | 7 replies (last July 17, 2023) | Reply
Post ID: @OP+1nDKYwSX

7 replies (most recent on top)

Stankey fails again. Why is the BOD so spineless? This CEO needs to be fired.

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Post ID: @1nyf+1nDKYwSX

Citigroup downgraded due to the lead issue. Down another 25 cents in pre-open.

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Post ID: @1tfc+1nDKYwSX

Sarcasm?

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Post ID: @1sap+1nDKYwSX

I’m willing to bet my weekend was better than John and the BOD. I slept like a baby.

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Post ID: @uti+1nDKYwSX

It’s circle the wagons time. This will be interesting to watch.

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Post ID: @yls+1nDKYwSX

AT&T was one of the S&P's worst performers Friday, falling more than 4% to below $14.50.

The slide extends a losing streak for the big telecom stock, which last traded around these split-adjusted levels in 1994 long before it swallowed up rivals and launched modern wireless services and the iPhone.

AT&T have spent seven year struggling with an industry wide slowdown in new cellular subscriptions, lost identity,
expensive network upgrade, union obligations and stubborn debt.

$14.50 USD-0.62-4.10%

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Post ID: @yeg+1nDKYwSX

The standard that we are held to, magically goes up in smoke when it comes to them.

Lapse of integrity. Own the issue, it will play out better in the long run. Have a plan by yesterday to address the issue, even if you don't agree with report.

Denying the problem is opening the door to endless litigation

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Post ID: @qtq+1nDKYwSX

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