Topics regarding layoffs at AT&T

Topics regarding layoffs at AT&T

Wasteful spending

Someone mentioned here that in his/her business unit there is so much wasteful spending on a daily basis and that the supervisor is rather nonchalant about it. Is it possible that this is true? This really surprised me.

ATT Pension Funding - how to get 3rd party opinion

The 2021 pension funding docs filed with the Dept of Labor show a funding level of 95%. But what assumptions go into that? Does anyone know how to get more transparency or an opinion of a 3rd party actuary?

Can some one explain what they do for T?

I'm wondering, with the layoffs looming, what does the Events Manager for T Discovery District do for the company? I've seen them just post up and Dj, take pics of dogs and watch movies? They have a whole department... Isn't that our marketing team... — read more 

Just going to say it:

For those "Company people" out there... If you haven't realized by now that you are just a number and a bean in the bean counters list, you are in for a rude awakening. For all of you that worked all those "Extra hours" gave up family events to make... — read more 

Payroll deductions

Management here, do yourself a favor, check your payroll deductions. I'm being charged for the work spouse premium, where I specifically declared that my spouse didn't have work benefits during enrollment. And, no deductions for Dental and... — read more 

First surplus date of 2023

First surplus date of 2023 is January 17 with an off payroll date of January 31. Assuming this is the Legg org. All of the exits process details are available with a quick search on AT&T insider. No, there is not a list of who is impacted just the... — read more 

Cost cutting

Unfortunately, instead of employees being seen as the most valuable asset, we are just an expense for them. This is a place where I can no longer count on any kind of job stability because there is none here. There is only stress and fear of job... — read more 

Net revenue per employee

Divesting a lot of noncore functions. How do we compare to other telcoe companies? Understand each is structured differently with different cost equations. I.E believe our wireless unit is the only one unionized courtesy of Whitacre. Just wondering... — read more 

Gigapower

AT&T does not need anymore experiments! TW and DTV were disasters!!!

remove the bloat to stay afloat

t has to get rid of 150k and up salary jobs.150k and up salary jobs only delegate their problems to actual workers. most of the work being performed are by people doing the work that make at least 100k. get rid of bloat to stay afloat. keep the... — read more 

It's all about perspective

If you're looking for a company that will give you a lot of busy work and waste most of your time on cumbersome processes and irrelevant and repetitive meetings that accomplish absolutely nothing, this is the place for you. If your goal is to do... — read more 

I am up almost 20% on my TDS stock purchase

Perhaps the Carlson family will be authorizing a sale in the near future. Worth at least 4X current market cap if you take a chop shop approach to all the assets which are extremely desirable to some deep pocketed corporations and private equity... — read more 

Medicare premium and additional coverage

I believe that Medicare pays 80% so you can purchase supplemental medical from at&t . Some retirees paying upwards of 700.00 a month for a married couple if 65 and older. Is this correct? Legacy S

How much do you care about this job here?

I don't believe those who say they don't care if they will be cut or not, and I especially don't believe those who say they can't wait to be paid to leave. It looks like no one cares about saving their job here anymore, and that can't be true.

TDS Stock up 15% Since I saw this post

As of 11/30/2022: TDS has a market cap of $1.20B USM has a market cap of $1.81B TDS owns 82% of USM. 82% of USM = $1.49B Dish, Verizon, TMobile, AT&T, American Tower, Crown Castle, SBA Communications, and a Plethora of Private Equity Firms US... — read more 

Live Employee count

Ive seen some posts with live employee numbers on the company, latest being 157K, where are you finding that info? WebPhone Query?

People need to learn to relax

This is the first week of the new year and everybody is already panicking and thinking about cuts. There is no indication T will have cuts any time soon. Will there be more layoffs? Of course, layoffs are a fact of life nowadays. But that doesn't... — read more 

Layoffs will happen

Per Dan Ives of Wedbush Securities this morning on Mornings with Maria on Fox Business: "Look, a lot of Big Tech, they were spending money like 1980s rockstars. And I think that really shows. Sometimes they were increasing 15, 20% per year. I still... — read more 

This strategy doesn't work

Unless the goal is downsizing or losing customers, the company's business strategy does not work at all.It seems that this is already clear to everyone, except for the leaders who cannot recognize that their strategy isn't working. The question... — read more 

Still no layoffs!

Everybody rejoice! It's day three of the new year and we've had no layoffs yet. Stankey is so good to us! Maybe we'll go for a record this time and do a full week before we hear somebody was cut. I know it's crazy to be that optimistic and some will... — read more 

Easy paycheck, but...

It is interesting how many people write that they do almost nothing and that easy work is the reason why they are still here. Are you not worried that your skills will atrophy? In my case it's not like that, I do enough work for two people and I... — read more 

board is censoring again

This board is censoring posts again and malforming urls. What is wrong with the word "d-mb"? It is not a swear word. The censorers probably don't speak English very well.

Cotton Bowl

The C-suite will be at AT&T Stadium in the AT&T corporate box eating steak, lobster and drinking champagne while the layoffs will begin tomorrow!!

Pension Lump Sum check

For those that didn't leave in 2020 to avoid the pension hit, go check your lump sum in Fidelity. Some will not be affected. For those that are I'm sure it's about 30-40% loss from 2022. :-(

100 Billion invested in fiber and wireless

"Months before it sold Warner Media to Discovery, it spun off the satellite broadcaster DirecTV, another prong in AT&T's media strategy, with a loss to shareholders of about $49 billion. By The Times's calculation, between the Time Warner and DirecTV... — read more 

Waiting For LumpSum Option

Former SE Mobility Retail 2011-2020 employee here. Apparently, we have to wait for a lumpsum optional email. Was told in 2020 that fidelity had half expected an announcement because they had offered one every year prior. Only $10K in mine. Could use... — read more 

New Year's resolutions

Mine is to make sure I'm not still working at T this time next year. That gives me plenty of time to leave without accepting offers that could potentially put me in the same or to-similar-for-comfort position that I'm in here. How many have made a... — read more 

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