We need to fix the debt that was caused by a failed TMO Merger, failed media / entertainment merger, failed DIRECTV acquisition, failed HBO MAX/DIRECT NOW, and many more bad investments by John Stankey and Randall Stevenson. Blame the frontline employees. Someone needs to look in the mirror.
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"We got rid of the debt when we sold off DirectTV and Warner."
Except we sold them for a small percentage of what we bought them for -- you must have some type of memory loss. And of course, we took on more debt with the purchase of Lumen.
We got rid of the debt when we sold off DirectTV and Warner.
@OP regardless if these acquisitions or mergers succeed or fail, these guys still get a big bonus. Yes, they still get a big payout if these ventures fail. Thus they have no skin in the game and are not held accountable. So F them. I will do the bare minimum to keep my job, use all my caregiver days for vacation and call in sick as much as I am allowed.
They are now doing stock buybacks to continue the pillage and enriching themselves instead of paying down debt. Stankey and gang are soon to pull ripcords. Thousands of families have been impacted by their folly.