Yes, its true, T is the laughing stock of the corporate community. I hope this sullied reputation follows Stankey and BOD the rest of their lives. Could never have imagined T being viewed in the same grouping as Emron and Worldcom.
Let's watch for this
Will the board reprice Stankey's and the BoD's Stock Options? I still have option papers showing that my 1000's of options have a strike price in the high 50's from the 1990's. Yes, I know. They have expired 30 years ago - but it's a daily reminder... — read more
Business Case
The AT&T debacle will be studied for years. If you’re in investor relations save your notes and sell them to the Harvard Business Review.
New movie showing on Netflix
Title: The John Stankey Story or The Man who knew more about movie making than anyone in the Universe. StoryLine: "How the President/CEO Flushed Billions Down the John" GET IT? Objectives: How not to repeat the same mistake. College... — read more
Hey Stankey
Ya feeling the pain yet? Your cancelled. Quit today or be fired tomorrow. Be sure to take the board and your Yes he's/she's politically correct pronoun class with you. Sincerely, Dallas NOC Center Manager ps - Do you still know more about... — read more
"It made a mistake" - No kidding!
https://finance.yahoo.com/news/att-admits-it-made-a-terrible-mistake-getting-into-media-business-with-discovery-deal-analyst-175502999.html
Over a decade of wasted Assets, Cash Flow, and
Opportunites. If Stankey is notnshown the door within 30 days stock is headed sub $20 in short order. Hit $33.50 after earnings and now $29.25. How can anyone take direction from a maniac id--t like Stankey.
Down $2.25 or almost 8% in the first few minutes of trading 5/18
Down $2.25 or almost 8% in the first few minutes of trading 5/18
Market Value
AT&T shareholders will lose $15 billion in market value today and no one will be held accountable! Stankey continues to cruise on, and Randall is at home with $300 million in the bank!!
I have been here for 30 years and there is no
Strategy. Just desperation and swings forbthe fences and pay allegiance to the Executives. Verizon layed it out for ATT to follow, Network Network Network. There is enoufh traffic to eat very healthy at the trough but ATT egos and illusions of... — read more
We're employees informed first?
Just curious, were the employees of T informed of this potential transaction prior to the announcement to the press? If not, why not? It will be interesting to see how these recent transactions affect T, for better or worse. One thing for sure, T... — read more
Never a Mea Culpa, Zero Accountabilty
Executives praise the one step forward aftee 3 steps back constantly. Stankey poiso ed the Time Warner well from Day 1. Chased off Pfefler and loads of talent. "My wofe hates when I use this analogy but your jobs will become like child birth"... — read more
Stankey's math
I'm starting to think that Stankey's math teacher wasn't really...on the up and up. It seems that young Stankey was taught that the half or even less of something beats the whole or more of something. If you buy 4 apples for $4 and then sell all of... — read more
"How to Lose a Company in Three Years"
The new hit sitcom from Discovery+/Warner Media - "How to Lose a Company in Three Short Years", starring Randall L. Stephenson and John Stankey. I laughed till I stopped.
Stinky slit his own throat and never realized it.
The minute this clown pronounce to Hollywood that he knew more about television, destroyed TW and the talent all left it was over. He finished himself off going after big Hollywood and it’s unions when he decided to sc--w them all over with direct... — read more
Time for Stankey and the corrupt board to go
Who else but an over 20 year vet could flush 50 billion dollars down the drain Failed merger with t mo Failed purchase of direct tv Failed purchase of Warner media At a minimum Stankey Stephenson and Stephens should lose every bit of golden... — read more
Hopeful for karma ..
When the dividend gets cut by 40 - 50% and the share price gets hammered by approximately that much, then hopefully the exec compensation and exec headcount will also get cut to reflect their performance.
lol, Kilar had NO idea this deal was in motion
"WarnerMedia CEO Jason Kilar, who was appointed to the role in April 2020, is negotiating his departure from the company following AT&T’s announcement that it would be merging WarnerMedia with Discovery, according to The New York Times. Kilar was... — read more
as predicted dividend cut after realizing venture into streaming was a titanic move
did randy and john make one good decision for att...really?
I don't understand
Honestly, I don't. Serious posts please. How does AT&T buy, then sell TW, DirecTV, Tmobile, and a host of other companies and sell at a loss while the executives keep their jobs and the board remains? How does selling these mismanaged assets... — read more
“It will be great for the stockholders”
Oh I see. Dump the darling Warner Media for half what you paid and cut the dividend in half. BAD MATH !!!!!! Oh and those stockholders are dumping the stock since the company is run by buffoons !
Jim Cramer Predicting a Dividend Cut
"I don't think that people realize that ATT is going to have at least a 50% dividend cut which is why if you want income it should be sold." https://twitter.com/jimcramer/status/1394310172999290882
Dividend Cut
At least the entertainment value from the carnage created from the dividend cut will make good TV for them.
https://www-barrons-com.cdn.ampproject.org/v/s/www.barrons.com/amp/articles/at-ts-dividend-payout-stands-to-be-cut-nearly-50-in-warnermedia-deal
AT&T’s Dividend Payout Stands to Be Cut ‘Nearly 50%’ in WarnerMedia Deal Barron's
Got a job with the competition
There is no reason not to accept a new job with the competition, because I will get much better working conditions. However, no matter how angry I am with the management of this company, it will be unusual for me to work for competitors. The... — read more
just as predicted. dividend cut 50% -this place is a circus
they can try to sell it many ways to uninformed but this is still a disaster that keeps getting worse
Time Warner and DTV
The acquisition and wholesale disposal of Time Warner and DTV shows just how disastrous Randall’s strategy was. The company is still saddled with over $100 billion in debt. Good luck to all of the AT&T employees that went over to TW as AT&T unwinds... — read more
Good news for a change
I know there are a lot of haters on this board but today’s news is good news for all of T. Stankey is undoing all of Stephenson and Donavan’s strategies and T is becoming a telecom transport company rather than a content company. Making movies and... — read more
When should I tell my boss that I'm retiring?
After 37 years, I'm out due to the benefit changes. Fidelity's website says to start the process with them (to take my lump sum and RUN!) 90-180 days in advance. It goes on to say, as soon as I enter my retirement date - to notify my manager. My... — read more
A Decade of Massive Losses and you are
Left with a Toxic evironment and at least 9/10 employees not giving a dam. I know I dont and am just collecting checks and benefits.
Dont forget that Stankey and Stephenson created
A powerhouse with the number 2 wireless service provider Tmobile/Sprint. That was their most successful merger/acquistion but it came at the expense of ATT shareholders.
Combined T and TW Pension Plans. We are so screwed!
With TW being sold to Discovery for a shinny nickel, no doubt T will give Discovery the lion's share of the T pension plan because Stinky hates us T employee so much. Got to get the lump before Stinky strikes again!
Stinkey’s empire continues to implode
He and Randy will be studied for years to come in business schools on how to ruin a once great business.
Content was the future until this weekend, AT&T Buffoonery Continues
I think "Strategy" and "Well Thought Out" are replaced by "Pi-s it Away" and "Burn It" in the Stankey and Stevenson vocabulary. The spin on this move will be interesting as the egg on Stankey's face just got a dose of diarrhea. I would have to... — read more
ATT up 2% and Discovery up 12% in early action
AT&T does a wonderful job of enriching the shareholders of other companies.
Laying off newer employees?
I’ve started working at AT&T last year and I know a couple of people that started working when I did that got laid off in the last couple of months. Is the a pattern of laying off employees that haven't been at the company for long?
Bloomberg ticker says AT&T are in talks with Discovery
Here we go again. Will it be another lemon like T Mobile or what? With this C suite, anything is possible. One things for sure, we will spend a fortune talking and end up chopping jobs to pay the next dividend.
Light at the end of the tunnel
I see so many questions on here about should I leave should I stay? I will tell you if a layoff is imminent, stay and bleed them dry, but get the resume ready, update and maintain your Linkdin profile. If you have not updated your resume in 5-7 years... — read more
Over $40,000 per taxpayer was handed out
For Covid relief and less than $10,000 of that went directly to taxpayers. In the past 15 months small businesses and landlords have been crushed while billionaires and corporate entities made bank. Here we developed this "vaccine" for you in less... — read more
ContingencyPlanning Starting Up Again?
I just got the email to immediatly fill out the Contingency Planning web site with my skills. States assignments will be handed out in October. When do the contracts expire? Reason I am asking is I am trying to figure out when I am retiring... — read more