https://www.msn.com/en-us/money/companies/tech-giants-are-laying-off-thousands-of-people-here-s-how-their-severance-packages-stack-up/ss-AA13WWgJ?ocid=msedgntp&cvid=9dd8189db2ef426abac9dcffa298c6b1
103% and still have a job - be happy!
If you’re still employed and got a 103% bonus, be happy. Many people would love to be in this situation.
At this point I don't do much and have a total comp package of $250K
Fortunately I took a bunch of cash and put it into TDS Telecom in the $10 - $11 area and am making early bank on my investment. TDS Telcom which owns 80% plus of US Cellular is so undervalued in the marketplace. The current Price Per Share is $13.40... — read more
103% bonus payout
Info is loaded in Amplify now.
Bonus……
What are the numbers folks?? Anyone know the percentage.
Company Stock is so Undervalued
The Towers, The Customer Base, The Spectrum, The Los Angeles Partnerhip. TDS Telecom who owns 80% of US Cellular. The train is leaving the station.
More layoffs…
So many employees doing very little meaningful work. Yet they are shocked when layoffs come. They have lived a life working for a company with low expectations and low skill set requirements. Just ask them… the company will collapse without them... — read more
Skills Assessment linked to Layoffs?
Everyone in Legg org just got an email that we are Required to update our skills in Career Path by 1/31. Meanwhile Legg org layoffs are underway, impacted individuals were notified with off-payroll date 1/31/23. But our group was also told HR is... — read more
AT&T needs to get back to what it is good at......
Service Teamwork Achievement Nobility Knowledge Excellence (and lastly) You!
An example of T's decline
I used to work for T, but got laid off in 2019. No loss, I ended up in a better place with a non-profit organization. My non-profit was using T as their mobile provider for staff phones - running between 120 and 150 lines depending on staff. The... — read more
TDS Telecom.........
Keeps chugging along off the bottom. The assets are so desirable and the company is so undervalued. Customers, Towers, Spectrum, Los Angeles Partnership. ATT and Stankey are for Suckas!!! That's slang jive talk.
They want people to feel insecure
I absolutely cannot focus on work. I don't think there is anything positive in letting people know that they might be losing their jobs and leave them in limbo for a few weeks. Some may say that this means more time to prepare, but for me... — read more
Where is Pascal?
Oddly enough Pascal has been eerily quiet with regard to 4Q2022 performance results. In the past, Pascal was leading the charge with Wall St., now it's all Stankey. What gives? Please Stankey, just let Pascal do the job he is getting paid to do.
AT&T DirectTV drops Newsmax
Looks like Newsmax was dropped from DTV. https://www.toddstarnes.com/politics/president-trump-calls-for-canceling-att-directv-after-newsmax-dropped/?utm_source=Email&utm_medium=todd-starnes-newsletter&utm_campaign=breaking&utm_content=firefly
AT&T and Verizon cut 9,400 jobs last quarter
Yet even the number of employees at "continuing operations" has fallen by 3,000 over this period, a drop that left AT&T with just 169,900 employees at the end of September. And numbers out today show that headcount subsequently plummeted by 7,000 in... — read more
Let's see how many really want out
We read on here day in, day out people commenting how much they hate T and how they're just looking for a way out. Many have said over the years they would love to be laid off or to be given a chance to volunteer. Well, here we are. Many have been... — read more
Request IIL
How do we request intent to leave? I don't believe our group received a survey yet based on the info we got there will be more layoffs coming in February
IIL - Yes vs No
When it comes to severance pay. If you choose No and got layoff will you still get the same package to those who choose Yes?
Here we go again
Now they are laying off entire groups. Targeting lower management. These are the folks who are constantly taking on more work. First call is for those at risk & second call was safe call, as it always has been. They even pulled the safe folks in the... — read more
How do you feel about the IIL?
So this IIL is the same as the Severance Pay? hahaha. what a sh-t place! i wasn't really expecting miracles. this is, AT&T, at its best. where is that fool that was saying 5-5and 5K. hahahah. joker.
Unemployment impact with ILL
If you submit yes and got surplused. Can you still file unemployment benefits on your state?
Management - Post Retirement 2023 Life Insurance
Anyone happen to know if life insurance is available to buy through AT&T as a retiree in 2023 like we can purchase now?
Bad business decisions
For all failures and all bad things that happen, our leadership always finds the culprit in something other than their own bad business decisions. And aren't their bad decisions the most to blame for the situation in the company as it is now?
Getting back to business.
When will all of this layoff turmoil end? Very little productivity going on now within T. Its crazy to give employees 3 weeks to determine if they are on the "kickem to the curb list". They should be notified today and gone tomorrow. Stankey loves to... — read more
layoff - retirment eligible?
If we are retirement eligible and get surplussed are we able to take retirement? they suggested there would be q/a available, but I am not yet seeing it
Transition
Interesting item from Earnings report. Probably going to see a lot more of this. Asset abandonments of $1.4 billion were associated with certain wireline conduits no longer required to support our copper and fiber networks.
Interest in leaving
Anyone review the IIL and determine if best to take or roll the dice? As long as we've worked X years, don't they give 6 months pay anyway? Not seeing any other benefit to volunteering except take control of your own destiny. What am I missing?
Success Bonus AT&T
Does anyone know if we get laid off, do we still get bonus and now that the Q4 $ earnings are out , any word on the % our bonus will be?
ACE WEST Surplus Call
As part of the affected work group, here is what we were told on yesterday's call: There will be an 8% force reduction. Interested in leaving surveys will go out 01-24 ( which didn't happen) IIL must be submitted by 01/31 All will... — read more
Earnings are out. T is doing well on paper!
Layoffs still scheduled although this year was better than last year financially, yet at this time last year, T was hiring thousands upon thousands.
Level 2 to 5 surplus
Anyone know if any managers in these levels have been targeted for surplus but their business units are not being shut down? I am aware of 3 good workers being notified this month. These employees are paying the price for bad management practices... — read more
Stankey has just ruined the US Office.
Is there anything AT&T can't destroy? Q4 results video
I am quitting my job at ATT because I got a good offer
From Cricket Wireless. Going to give a smaller company a shot versus the big death star of ATT. Good luck to all!
Job security
All these layoffs got me thinking, is there such a thing as job security any more? Not just at T, but in general? When I entered the workforce 20+ years ago things were different. Yes, there were still layoffs but they were not a constant. Most of... — read more
Offer
Did anyone get more than a 6 month offer this afternoon?
If I get laid off I’m taking a break.
T is stressful. Not sure what everyone else is doing everyday but on my team, we’ve been absorbing what the previously laid off employees (who were amazing at what they did) workloads. I’ll get back out there.. just spending awhile with my family... — read more
No new Hires…..only automation
This is what’s being discussed and implemented. The company only wants to put money into automation of job functions. It’s also part how they will decide what products to sell going forward. I have two years left and very thankful for that. — read more
Be Patient
Stankey gonna lead us all to the promised land (well those of us that survive). Stankey knows more about parting the seas than anyone.....
To quote Stankey: "NO ONE IS SAFE".…
CORRECTION…CWA represented technicians with 25+ years are absolutely safe. In fact that is the reason that AT&T will be making the enhanced buyout offer of 5 years to age, 5 years to service + $5,000. payment. It is the ONLY way they can reduce the... — read more