Topics regarding layoffs at AT&T

Topics regarding layoffs at AT&T

Exempted from RTO?

My last day is tomorrow but my co-workers (Engineering group) are not aware of this RTO and our market is not located in one of the 9 offices. Is there any group that is exempted from this RTO?

AT&T to sell Copper network and California

Looks like the deal is about done! AT&T to sell off their ILEC copper assets and services and retain all Fiber assets in all States outside of California. Will be interesting to see how they continue with out California revenue.

Mass Markets Relocation Letters

Jen Robertson's FAQ states we should be getting relocation letters mid-July. Has anyone heard what exact timeframe for mid-July?

Stankey set to announce retirement

Stankey will retire on his 62nd birthday on August 20, 2023. He will remain on the board as an advisor to AT&T through end of year. This will be announced on the earnings call on July 26 to everyone.

Q2

If FCF comes in under $3 billion the stock will fall like a rock. Severance will only put additional pressure on FCF in Q3 and Q4.

Wireline and Layoffs

Wireline has already been hit hard with many layoffs in various support groups, techs, engineering and managers. The rest of the company is just now feeling the pain that’s been happening in ACE and CNIO. Engineering appears to be on the path of... — read more 

What can we expect by the end of the year?

Maybe I was too naive when I thought that 2023 would be much better here. Now that I've faced the harsh reality, I wonder what awaits us until the end of the year?? I am totally demoralized.

2Q concluded at the end of June

Results due July 26th. Someone in finance needs to spill the beans. What will the FCF numbers look like? These result will dictate what happens in the future.

I wouldn't mind coming into the office but I would

rather work 5 days a week remote because I still work for id--ts. It's not the id--ts fault as they are a part of the system but all up and down my VP to Director chain are well educated MBA type rotational people that ATT has deemed "Leaders". Yes... — read more 

sigh - July is going to be ugly folks

Sorry to break it to you, but word on the street is that the layoff numbers are going to be massive. up to 40% in some divisions. Buckle up. They need some good talking points when explaining Q2 and YTD numbers, and this will be it.

Exit experience

What's the exit experience like at T? Is there an exit interview?

Afraid to take risks

I would like to hear from those who think that this leadership should take more risks and what kind? It was brought up in one of the discussions down below. Personally, I'm really not sure that would be the wisest thing to do now.

Tell me again about the added value in RTO

I have been with the company for 15 years and have always worked from home. I've spent exactly 16 days in the office during that time. I had to familiarize new employees with our processes. I chose to do it in person all 4 times. We've never needed a... — read more 

Anonymous AI Sensors Monitoring Behavior

Get ready …. Just read on SP they are also using “anonymous sensors” (not kidding) to look at the ‘behavior of employees in the office’… Things like : “Engagement through posture- is this area used for heads down work or interaction “ “Interactions... — read more 

Lump Sum

If the management pension plan is outsourced to an insurance company there will be no lump sum payments!! With rising rates the purchase of annuities will become cheaper, also with the elimination of the lump sum provision will reduce the single... — read more 

PENSION EDUCATION

Hello folks. I ran across this YouTube Video submitted by The Retirement Group who specializes in Pension advice for corporations (in Particular AT&T). WEB Link: https://www.youtube.com/watch?v=eSe3AFVTsPM This is an excellent video summary and... — read more 

Is Cricket Coverage identical to ATT?

Also no service degradation at their top plan? I can save 60-70 per month for the same service even with employee discount??? What employee discount I ask!!! To be or not to be, I don't want any part of ATT I see.

Stankey has to be connected with Feds

Washington DC is keeping him there for access to Americans activity. No buffoon this bad would last thing long unless there was someone in the swamp who wants him there as an agent against America.

Top 10: What’s wrong with the company

Topheavy, old school management with no out of box thinkers. Trying to make the company “look like” a high tech firm, instead of just going out and doing. Not adding value for customers. Not innovating new business ideas - taking the... — read more 

Last paycheck?

Did anyone else receive their last paycheck this morning. Shorted a weeks pay and not off of payroll till end of this week?

Call Center Cost Savings Tactic, Just Relocate

For decades, AT&T has been opening new call centers (new employees, lower starting pay) and closing older call centers (veteran employees, higher pay). The tactic is in the call center leadership textbook. AT&T makes a big deal about “commitment to... — read more 

No reason not to pay

Yeah, I can't understand why people keep saying this bs about not getting severance. It's in AT&T's best interest to let people leave with this relatively small, hush money amount, if you will. They will gain nothing but a pain in the a-s if they... — read more 

Everyone is expendable

Don't believe for one second you're safe even if you're already in a hub/decide to move to a hub.

Time to Buy the Deep

https://www.fool.com/investing/2023/07/02/is-att-a-diamond-in-the-rough-or-a-value-trap/?source=eptyholnk0000202

Virtual Status

For those who have been granted an exemption and are being made virtual, so you have to travel to a hub 1-5 times a month or just go to your local office 1-5 times a month?

Switched to Verizon yesterday

At least I no longer have to rely on Wi-Fi to make a call in my house since T had nothing here unless I went outside. Seems to be good so far and the prepaid plan is actually a bit cheaper than existing employee plans. So far a win-win. Feels... — read more 

July 31

What kind of ineptitude is this? May 16: you will hear from your supervisor within 30 days. 45(!) Days later: you will be informed by July 31st. What? They can't count on CRE to know what space will be available. Was there no plan? (Hint: no... — read more 

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