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?
42B REASONS THIS TIME IS FOR REAL!! AT&T is deeply committed to bridging this digital divide.
AT&T have been reluctant to provide access to low-population, rural communities because the investments are expensive and the regions do not offer a lot of subscribers but now there are 42B reasons to expand POTS service
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.
def put all (or at least half) of your eggs in the 5G basket..."John"
https://www.msn.com/en-us/news/technology/the-5g-speed-race-is-over-and-t-mobile-has-won/ar-AA1dsPug?ocid=msedgntp&cvid=5578cfd7e99946bee1952857deacb31a&ei=17
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
Successful companies and sharp people will make the work remote environemnt far more desireable
for both parties. ATT the company that could benefit incredibly from a massive shift to work from home remains in the dark ages mainly due to Senior Managements development of a Toxic Bo-b Debt Ridden Balance Sheet. Thus they ignore the opportunity... — 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.
AT&T IS NOT A GOOD BUSINESS
https://seekingalpha.com/article/4614893-att-stock-compelling-despite-28-billion-hole
Places to live in Atlanta
Crime seems high near the city, but commuting from the suburbs is an hour + thanks to traffic
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.
Lots of post around mobility teams layoffs/reorg what about the wire-line, strategic services teams, are they next?
Seems like a lot of layers -VPS, AVPs, Directors, Sales Managers, Strategic Account Leads, Client Solution Executives, Account Managers...the list is endless in the organization, and as most of this side of the house is legacy SBC, and T I imagine... — read more
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
What a bad strategist John Stankey is....Nonsense....Lose
https://www.youtube.com/watch?v=bWPwWXA5W-M
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
How are they monitoring people?
Is it badge swipes, log in time. Will there be video surveillance?
Your Buy low opportunity is here!
https://seekingalpha.com/article/4614230-at-and-t-stock-3-reasons-why-it-is-still-a-bad-investment
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.
I checked with my supervisor and they don't know anything
I checked another level up and they don't know anything. One more level up and they don't know anything. No one knows anything other than to tell you to check with someone who doesn't know anything. Almost like a typical workday in the ATT Office... — read more
Anyone else kicking back today thinking
ATT leadership can sit on it and rotate? Hey Stanks and Van Buzzer choke on a fat one you two losers. $16B is slip sliding away......
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?
Why did the lump sum value of my pension decrease?
In 2022 the saved lump sum calculation was 64k higher than it will be in 2024. Wtf?
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
What about company vehicles?
What we do about those when we are relocated?