A Level 3 manager just got promoted to level 4. He's no longer in supervisory role but still active in the organization. He was successful as the level 3 and really didn't want the level 4 but ultimately accepted it. He's very politically minded... — read more
the SEC should look at the BOD
TThe scam is, that AT&T exec board are going to buy out Time Warner's entire IP for a fraction of its actual worth. They will undersell everything, and buy it via shell companies. Thats what they did when they spun out DirecTV. Now the AT&T... — read more
If nobody goes to jail, nothing will change
None of the incompetent and deceptive executives and board members will go to jail. Misleading investors, overstating revenues, understating debts, taking government subsidies for building networks they never delivered, taking tax cuts for... — read more
Good Read
https://www.techdirt.com/articles/202105/06282946811/after-50000-layoffs-absolute-chaos-att-ends-bungled-media-experiment.shtml
Duped
Randall Stephenson, John Stankey and John Stephens duped shareholders while getting tens of millions in compensation!! This is almost as bad as Enron. Hundreds of billions of shareholder value has been destroyed and tens of thousands of people lost... — read more
Financial Problems at ATT
You cannot make $200 Billion Plus in Disastrous Acquisition Merger Attempts, Ignore your Thoroughbred Wireless Business, and take on the most Corporate Debt in America and not be in trouble. Sad thing is if they just boufht them and left them alone... — read more
How bad is it really?
Even with the infusion of $60B from DTV and TW, this still leaves T with a untenable debt load of $110B. I don't think we know how bad things are now but hopefully as the days go by, we will know how dire things are. I believe Stankey was deseparate... — read more
Can Someone explain the calculation on receiving the new shares of the the combined Warner/Discovery company?
Business News articles state shareholders of T will receive 71% of the new entity. If a shareholder has $50k (value) of T shares how much of the new company shares will they receive in like value?
What financial pressure would cause John Stankey, CEO of AT&T to approve the reduction of the dividend?
I think we are in for more fun. The C-suite can't cut employees fast enough, so they go for the big cost.
D O N E
Called my boss today and said, I’m done! Too young and not enough time with T to “retire” , but I’m leaving the workforce. My financial advisor said I can do it, so, I’m doing it. Can’t take all the process cr-p, to a of training, all the tracking of... — read more
Randall's pension plan is a stain on this company and a complete travesty
I wonder if there's a way to get the company to back out of Randall's 274k a month for life pension plan, which is completely ludicrous and arguably immoral. Axios summarized Randall's accomplishments... — read more
First report on the careers destruction ..AT&T LEFT BEHIND
https://www.techdirt.com/articles/20210517/06282946811/after-50000-layoffs-absolute-chaos-att-ends-bungled-media-experiment.shtml#comments
Leaving T in 2021? Think about this.....
Yes, the pension is 'protected' by the PBGC; however not at 100%. I always thought as long as T is paying shareholders the healthy dividends, our pension is safe. Well, the chickens now have come home to roost, the dividend is being slashed in half... — read more
Leave ATT (Do yourself a BIG Favor)
Best thing that ever happened to me was getting laid off from ATT. Got a big severance and a job that paid 30% more with better benefits and MUCH less stress from the continued rumors of losing my job. LEAVE THE PLACE!!!!
Tweet @Jim cramer and tell him Stankey &Stephenson should be added to the Wall of Shame!
Come on, these two guys are the worse CEOs of the 21st Cenrury! Tell Jim!
Is shareholder approval required for sale of Time Warner to Discovery?
Clearly the company is losing 40 billion on the Time Warner transaction and seems like we did not even try to get other bids from Amazon or Apple or somebody like that for those assets. How is this the best return on sale we can have without... — read more
All you need to know
Over the past five years through Tuesday, AT&T has generated total shareholder returns, a measure of share-price changes and dividend income, of 3%, compared with more than 232% for T-Mobile, 42% for Verizon and 122% for the S&P 500, according to... — read more
New AT&T
AT&T will become the new GE. The stock price will fall to the low 20’s to high teens. Arrogant CEO’s with a weak board of Directors destroyed this company. AT&T wasted three years neglecting its core business. I wouldn’t be surprised if it’s... — read more
This is not a bad thing
I'm obviously not talking about the money we lost between the acquisition and the sale. But this means we can refocus on what we're good at. We can once again fully focus on the segment that has been holding this whole mess up for the past several... — read more
Next CEO
After all the divestments are finished why do we need both Stankey and McElfresh ? Does Jeffy take down the Stank ?
LOL! Let the piling on begin
https://www.latimes.com/business/story/2021-05-18/att-warnermedia-merger 'Randall Stephenson, the AT&T boss who masterminded both the DirecTV and WarnerMedia deals, rode those fiascoes to a cumulative 25% raise from 2015 through 2019, his... — read more
NCL and AT&T stock prices
Today, I was looking at the financial news and noticed that Norwegian Cruise Lines and AT&T had the same stock price of $29.00 per share. NCL hasn’t been able to make money in over a year while AT&T provided much needed telecommunication services... — read more
The silver lining of the TW sale
I know this is a bit of a selfish view, but once TW is officially merged with Discovery it means I can actually consider subscribing to it again. After I got the axe in '20 I vowed to not voluntarily give a single penny to T. With both DTV and TW... — read more
Randall and Stanky ruin everything they touch
This sounds exactly like C Micheal Armstrong of the old ATT and his brain dead strategies of buying NCR to be a computer company, buying cable tv systems, etc, then basically giving them away.
Can someone advise on best path? (retirement)
Service since mid-2002, Level 2 mgr. Started with BellSouth, then Cingular, now AT&T Mobility Svcs. Age 58 and 4 months. When I called Benefits I couldn't get a clear read on what I get but of course my MR75 number will happen in mid-2022... — read more
Zombie Walking Dead Entity
Does anyone really see ATT competing in wireless? TMobile is going to feast on ATTs customer base. Neglect the cash cows for years while chasing your egotisitcal follies in a business you know nothing about. Kara Swisher on CNBC said it best... — read more
att leaders could not manage a build a bear store successfully
yet...still here. could you imagine what chaos would reign if your kid went to a stephanson run BBW? wrong bear, filled with pellets, half sewn
Let's see how many of us suffer. Can't wait for the next visionary all hands.
Bloomberg) -- AT&T Inc. fell the most in more than a year as investors digested plans for a smaller dividend payout from the phone giant following the planned merger of its WarnerMedia division with Discovery Inc. Shares of AT&T fell as much as... — read more
Any Warner people on this board?
Warner people have not been immune to layoffs. How do you feel about Stankeys Actions!
Anyone know how many Billions of $ this will cost if the deal is not approved?
Since Stinky wants to exceed his master, Ratty, no doubt the spinoff failure payment to Discovery will beat Ratty's payout to TMOB should it not be approved. Anyone know the exact figure?
Just get Stankey away from cameras and microphones
Walking Talking Toxic Disaster. He needs to be canned immediately.
Stock is being dumped hard
They are sonfar behind VZ and TMobile after 4 years of chasing Oscars and Golden Globes. Verizon dabbled for $12B, Tmobile partners with Amazon, and ATT Vaporizes over $150B and leaves a wake of destrcution that of an F5 Tornado ki----g jobs... — read more
for Stinky to have a TownHall and explain his crimes to us minions.
Not that Iwant to see the drool coming down his lip, but the Stinky does not have the guts to answer for his crimes or present more lies to us poor employees that he so despises. At least Iwould be able to charge many hours watching his drool... — read more
I want this person to pick my next lottery numbers
https://www.thelayoff.com/t/1aO5eOOH
McFreshies Theory on Winning just got blown out of the water in less than 3 Business days!
So, remember the slide where the three triangle meet? shareholders (check- we got them) Customers (Check, they are happy) Employees ( we will work on next to let the edges meet) - Well, after the BIG MOVE - all are farther apart than ever... guess... — read more
Not all Stankey's fault
I'm seeng tons of caca loaded on JS but let's not forget who drove this project. T-Mobile, dish, warner were all Randall so I'm pretty sure i know his favorite Steve Miller song..."go on, take the $ and run".
After 50,000 Layoffs And Absolute Chaos, AT&T Ends Its Bungled Media Experiment
https://exaltop.com/?p=15800