Thread regarding AT&T layoffs

Life is about choices

AT&T has been in a death spiral and constant layoffs and benefit reductions are the result.

If we could turn back the Time Machine and if the Jetson’s (Bellsouth) would have purchased the Flintstones (SBC) where would the company be now? Bellsouth was one if not the best financial ran baby bells when then CEO Ackerman met CEO Whitacre (Mr. Acquisition) at a resort in Georgia to celebrate the decision for SBC to purchase Bellsouth, they announced it the following week. Ackerman and friends received large golden parachutes, the base was shocked and felt betrayed. Many careers and families have suffered as result of that choice.

It’s been downhill ever since, two totally different management styles. I’m a former Bellsouth employee, it was a great company to work for, merit mattered, they empowered, valued their employees, cared about our families and most of all the customers. Not like the toxic, micromanaged company we work for now. Choices…..

by
| 1513 views | | 9 replies (last July 31, 2023) | Reply
Post ID: @OP+1nRrEyLK

9 replies (most recent on top)

SBC ruled by intimidation as they still do. Terrible management as they still have. BellSouth was a pleasure to work for while ATT/SBC is painful and disgraceful. What they have done to a once great company feels criminal.

by
| | Reply
Post ID: @1kux+1nRrEyLK

I know OP was using a sense of humor but when Stank took away retiree health benefits that hurt a lot of people that put in their time and still have quite a ways to social security.
That was a horrible thing. It didn’t just impact “the old” but the “middle age”
And also the “young” bc should they decide to stay and get out young, no health benefits for them either.
Just terrible.

by
| | Reply
Post ID: @ccd+1nRrEyLK

There were a few micromanager mgrs. but what large company or group doesn’t. You will always have those power hungry narcissists nearly anywhere you work.

I worked at Bellsouth and would gladly return to those days in a minute, it wasn’t a top down style to micromanage like SBC. They were family and employee oriented, with company teams, bbq’s, holiday lunches they paid for the food, parties, would have collection drives for coworkers if they had any major need, etc…

by
| | Reply
Post ID: @pzf+1nRrEyLK

Honestly, working at BellSouth wasn’t all that great before. They still micromanaged like crazy and were always looking to hand out B forms for everything.

by
| | Reply
Post ID: @syo+1nRrEyLK

No doubt Bellsouth was a more successful run and fiscally responsible company, Whitacre was in the business of acquisitions and Randall was his student, Stanky was Randall’s complicit partner too. Their sales gimmick to the BOD and investors was how much synergy (layoffs) would happen after acquiring another company, like managers, payroll, admin and any other redundant positions. Thousands jobs have been erased, they hardly finished one acquisition before moving on to the next. It’s been a disaster for employees and customers, all while they and their sycophants have flourished without any consequences, it’s disgusting!

by
| | Reply
Post ID: @xxu+1nRrEyLK

BellSouth and att were competing at that time. att was starting to move in on some of BellSouth's lucrative accounts. But att could with randal could and would not worry about getting more in debt. they could undercut the prices. att could outspend BellSouth but in the process ruining the company by over saddling it with debt. Perhaps someone more in the know could elaborate on this.

by
| | Reply
Post ID: @lqo+1nRrEyLK

I took such pride working for BellSouth. When you told someone you worked there they often said “that must be so nice”.

by
| | Reply
Post ID: @nzn+1nRrEyLK

with all the data at ATT just let AI takeover c-suite duties with just the ceo and board making the calls.

by
| | Reply
Post ID: @sjo+1nRrEyLK

The public traded corporate elite don’t suffer consequences like a few decades past. Randall and Stanky would have never been allowed to make their multiple catastrophic decisions, they would have been fired. Now the incestuous BOD and C-suite are impervious to all of their poor decisions which are ruining thousands of employees careers and livelihoods. Don’t know the answer but there needs to be some kind of regulations.

by
| | Reply
Post ID: @ant+1nRrEyLK

Post a reply

: