Checkout Zacks headline, are the hight on d--gs or paid by AT&T?
4Q Earnings Released and stock down 5%
When will it dawn on these overpaid highly incompetent executives that perhaps the Company is doing so poorly is because they keep cutting us. You need to spend money to make money and cutting corners with the people making you money is wrong on... — read more
HOW CAN YOU SPIN THESE RESULTS?
AT&T Inc.’s pay-television business lost more than 650,000 customers in the fourth quarter, as cord-cutting continued to take its toll, but the media business—now called WarnerMedia—and surging profits in its wireless business helped the bottom line... — read more
AT&T Earnings Hit By Pension Losses
@XmrwhcY-wuq Has a great article on the ATT and Verizon Pension losses affecting earnings. These guys have to fund the pension with earnings when the stick market dropped in December. WOW
And The Excuses From Randy Just Keep A Comming!!
T Stock down %5+ percent at open today. Way to go Randy and the "Senior Leadership Team". Again, the same old lines about things are really great, accelerating earnings and cash flow are just around the next quarter, and our Strategy, (to the extent... — read more
WTH?
Stock crashing again! No more okie CPAs from Norman #RANDALLFIREDNOW! A real Texan admits their mistakes, asks Jesus for forgiveness and repents. Fake Texans from Oklahoma just keep digging and digging. Are you digging a tunnel to china Randy? What a... — read more
This year will be horrible
Basically, until this whole latest restructuring (or whatever it is) is over, nobody is safe. Which means that every quarter we'll go through the same stress of anticipating exactly when layoffs will hit, where they will hit and who will be affected... — read more
Thank you Thursday!
The Thank You Thursday's they promote, I think all of the exec's should get one of these for running the company into the ground!
Dtv Now loses 267k subscribers
So much for competing with streamers... https://www.barrons.com/articles/at-t-stock-drops-subscriber-numbers-weak-51548853895?siteid=yhoof2&yptr=yahoo
And...AT&T loses subscribers...Again!!!
https://www.barrons.com/articles/at-t-stock-drops-subscriber-numbers-weak-51548853895?siteid=yhoof2&yptr=yahoo
4th Quarter results
https://www.reuters.com/article/us-at-t-results-idUSKCN1PO1GW
My "worst case scenario" prediction wasn't bad enough.
We are not a stagnant part of the organization. We lost so many people throughout our work groups that there is no way I can see us being able to support the systems going forward. Can't happen. We even lost people that were in 1 deep slots without... — read more
Where is the Disruptor?
The Tax scam, constant layoffs, and creative and obscued financial disclosures, did not help T's revenue another quarter, lol
I’m waiting for the virtue signaling
By the holier than thou types who are going to start complaining about American Workers kvetching about offshoring sand H1B abuse. Please, someone call me a racist because I’m tired of seeing hard working talented Americans of ALL SKIN colors lose... — read more
Next round?
Since we all know this is far from over, do we have any ideas on when next round might hit? Also, any ideas on how many people total were shown the door this week? The closer we can get to the real number, the easier it will be to figure out how many... — read more
Nano degrees
How many were let go after completing nano degrees preparing to pivot?
Its network connection that counts
https://www.msn.com/en-us/money/companies/atandt-wants-to-be-big-in-entertainment-but-first-it-has-a-dollar49-billion-problem-to-fix/ar-BBSTUYm?ocid=spartanntp In my estimation, reading this story you come to realize its not about television content... — read more
March Bonus??
If I leave on 2/18 will I still receive March bonus payout?
Laid Off - MTP & Pension Question
I'm surplused.....I'm w/in 24mo of the Mod Rule Of 75. I'm looking at the info they gave me and wonder if anyone has figured this out yet. I know that I can give up 50% of my severance to get the MTP (Management Transition Program) Retirement. As I... — read more
AT&T Credit and Collections Layoffs
My manager has been laid off yesterday. He had 35+ years of service, gone in a snap... He's the only one departing from my (rather small) group.
So....ATO FT Teleworker not Near CZ
I am a Full time teleworker in FL for ATO. The nearest zone is ATL. Will I be lucky to have a job by the end of this year, or will I make it into 2020? Thanks
Layoffs are a way of life for at&t
35 years ago I went to work for at&t. Layoffs started a few months later. During my career, this has been pretty much SOP. A particularly brutal layoff was orchestrated by our new masters from SBC after they bought us. 50% in my group. Been through 3... — read more
The units that have the potential to be affected again
In the Communications segment the weak group would be the Entertainment Group defined as Entertainment Group provides video, including over-the-top (OTT) services, broadband and voice communications services primarily to residential customers. This... — read more
Reset and Reboot The BOD and C-Level Ranks
Downvote if you don’t like but here is my two cents: Stephenson is lost, he’s way over his head and he’s losing control of the situation on the ground. He’s incompetent, period and as an AT&T shareholder I would like to see him out. Yet, our board of... — read more
Lies reported to the media
Not one person attempted to call out AT&T on those hiring numbers (Business Insider had them in the story). We are talking the surplus of full-time permanent employees and there is no way AT&T has hired 37K new FT permanent employees in the past 24... — read more
Laidoff while on disability or LOA?
What if you are on disability, leave of absence or on baby bonding and you are chosen? Do they tell you when you get back? How does the 60 days to look for a job workout?
AT&T Recruiting Firm Posts Great Layoff Facts
These guys placed me at AT&T 11 years ago. I just got this email update https://techstaffer.wordpress.com/
Very, very clever.... WARN REPORTS
Mass layoff timed just right so numbers won’t appear on the report until next reporting cycle. Example the California cutoff was January 25....layoff is January 28 (Monday)
AT&T has well over 1,000 jobs in Bratislava and probably near zero revenue there
Linux, VMware etc system administrator type jobs, high paying here in USA, have grown significantly in Bratislava where AT&T gets probably zero, or very insignificant revenue.... Layoff US workers, and hire them there.... AT&T Executives DON'T want... — read more
What units do they consider to be weaker?
I really think this article is a load off bull, but a specific style of AT&T executive language can be read between the lines, so either they ordered it (I mean the Reuters news that this article refers to) or it was written based on the AT&T’s... — read more
What’s gonna happen after the layoffs?
In any case, I don’t see the layoffs stopping at this, There will be new ones, either in the manner that it just continues or there will be another wave. That’s just my opinion. My question would be what will happen after the people that were... — read more
Any layoffs hitting or will hit At&t Business unit??
Any At&t Business employees know if any layoffs coming to their Business unit?
The Wall Street Journal has caught on!!!!
https://www.wsj.com/articles/at-t-wants-to-be-big-in-entertainment-first-it-has-a-49-billion-problem-to-fix-11548777413
Brand old email
Received same generic email from Brand old. Have not heard about any affected groups under him.
VPN used as a selection criteria
Was VPN used as a selection criteria ?
Letter from the Company
An e-mail came out entitled “A message regarding staff reductions” with the header U.S. Management Employees Only . Someone else can post the body of the email (basically called for empathy and sensitivity) if they so choose but the copy that was... — read more
Is it over for now?
Has anybody been impacted later in the day? I really can't determine is it over for now or will there be more in the coming days?