I wonder, how many bad decisions does it take for a company of AT&T's size to reach the liquidation stage? We've had several monumental ones that cost us billions so far and we're still standing, but for how long? Who's to say that the next id--tic decision at the top won't spell our end?
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"Just has to reduce spend (help the margines)"
Do you understand that we've had the same message every year for decades now? Reduce expense. Every year its the same, at least in IT, of deferred maintenance and updates, making the need for expense go UP. But then we get the "reduce expense" message again.
Its the same as "customer first" initiatives. We've spent billions on improving the customer experience, and yet nothing really improves.
Our executives (I refuse to call them leaders or leadership) refuse to actually invest in what is needed, instead they lecture the rank and file about how we're always spending too much, while they get raises for the Time Warner and DTV deals.
I think our recent outages are because they don't care who leaves with RTO and hub consolidation, and some poor employee with no experience and no knowledge transfer got put in charge of something they shouldn't have been touching. Not their fault. Its the fault of the executives being d-mber than a box of rocks.
Stock is going up. This is less and less likely every day.
“Stink does not lead, he destroys”
One dimensional CEO and it ain’t that great of a dimension
Three strikes at T and it’s out! The T Mo deal, strike one. The DTV deal, strike two. The TW deal, the biggest strike three. It’s over baby. Only the sh-t show remains. Disgusting.
That already happened!
As I am one of the ones CUT to profit I must say I'll enjoy the show while not working for those mo--ns anymore..
https://www.thelayoff.com/post/@qnr+1sRdkouG
"AT&T is focused on bigger and better things."
LOL, this is just another example of AT&T putting money in becoming really bad at something that someone else is already very good at doing. Kinda like when we
decided we could be a media company.
AT&T is not going broke and the company is not doomed. AT&T is focused on bigger and better things. https://finance.yahoo.com/news/t-strikes-space-broadband-deal-200510938.html
Revenue & FCF are dwarfed by debt. All the other hyped metrics are mostly book cooking.
July 9 is the edge of the cliff. December is when it hits the bottom of the cliff.
Too late. The Stink does not lead, he destroys. The BoD will not replace him until he reaches his mandatory retirement age. The BoD will bring him back as a consultant for $1M a year, and they will find another D O L T as a replacement.
T will continue to CUT its way to profit!
Let’s see what the employee headcount is at the end of 2024 & 2025!
Last person, turn out the lights!
Have you not been tuning into the quarterly investor meetings? There is free cash flow and record growth. AT&T annual revenue is $120B+ which is phenomenal. Just has to reduce spend (help the margines) which RTO will care for that via natural attrition.