Thread regarding AT&T layoffs

Overhead Surplus

Some areas like Legal, HR and Finance do not suffer as many layoffs as the rest of the company. People with questionable behavior and code of conduct violations are allowed to stay on the payroll!!

by
| 1648 views | | 11 replies (last June 25, 2023) | Reply
Post ID: @OP+1niZae7P

11 replies (most recent on top)

Two years ago Legal was offered a package to leave/retire. This is another example of how the company differentiates what you get depending upon where you fit into org structure.

by
| | Reply
Post ID: @rzf+1niZae7P

The only thing AT&T lawyers do is call external lawyers to solve their problems!! As far as finance is concerned they are the ones that got us into this mess. The former CFO was the one that took on all of this debt.

by
| | Reply
Post ID: @tbp+1niZae7P

Finance organizations are going through as much turmoil as the rest. Entire groups have been outsourced to 3rd party providers. Finance groups in NJ will be impacted.

by
| | Reply
Post ID: @jbf+1niZae7P

"At the start of 2023, T had approximately 230,000 employees...."

Your numbers are off. By AT&T's own reporting, there were only ~160k employees at the end of 2022 as reported on Form 10-K on January 31, 2023.

https://sustainability.att.com/priority-topics/human-capital-management

by
| | Reply
Post ID: @sjt+1niZae7P

Correction on prior post... at the start of 2023 T had ~ 160,000 employees....

by
| | Reply
Post ID: @tqs+1niZae7P

At the start of 2023, T had approximately 230,000 employees, less than 250 of whom are lawyers (closer to 220 if you count US-only employees). Last week, about 20 of those lawyers were laid off. That's a high percentage for one group.

by
| | Reply
Post ID: @anx+1niZae7P

Legal has lost a lot of lawyers over the last 3 years through either attrition or firings. It is false to say otherwise. I’m a soon to be former AT&T lawyer who was just laid off, and know many who have been let go.

by
| | Reply
Post ID: @ays+1niZae7P

HR doesn't decide who gets laid off. Useless organization with the dregs of low performers, I agree. But they don't call the shots.

by
| | Reply
Post ID: @fgy+1niZae7P

HR is a completely useless part of the company.

by
| | Reply
Post ID: @oqu+1niZae7P

So are you saying the layoffs in Legal the last 2 years don’t count? A post in another topic said that 20 AVP’s were just given their letters and the year before other leadership positions were reduced, aka..retired.

by
| | Reply
Post ID: @rao+1niZae7P

Legal, HR and Finance are making sure they don't lay themselves off? I mean, that doesn't sound surprising, does it? I feel like all 3 of those would be involved in some kind of decision-making on these topics.

by
| | Reply
Post ID: @gaa+1niZae7P

Post a reply

: