As companies like exxon start cutting match it is obvious T 401k matching may be on the chopping block
https://www.marketwatch.com/story/employers-start-to-suspend-their-401k-match-2020-04-21
7 replies (most recent on top)
"good grief we are in a pandemic where EVERYONE is working from home and needs internet access and att cannot make a profit doing that? something is seriously wrong with senior leadership."
When DSL is your biggest weapon and your fiber footprint is tiny, you're going to have a hard time competing with the cable companies that offer faster Internet for the same or less money.
T should have started deploying fiber to the home 20 years ago. They didn't and now it's time to pay the piper. This is what happens when you manage against a quarterly spreadsheet.
Who is so dumb as to act surprised by this?
Jeff Mcelfresh sounds like a nut and I never remember any town hall in my years there from him. pretty weird was he hiding in the background for some reason?
Go away you troll.
employers who are losing customers, cannot innovate, cannot serve customers honestly cut 401k matching other companies who don't those things increase the matching because they are getting customers and providing top notch customer service. good grief we are in a pandemic where EVERYONE is working from home and needs internet access and att cannot make a profit doing that? something is seriously wrong with senior leadership.
In 2004 Randall Stephenson was COO
In 2004 Jeff Mcelfresh was Chief of Staff to the COO
Congrats to The McElfresh for hitting a Net Promoter Milestone, and reducing the Net detractor element, Sometimes it can be hard to quantify greatness.
After identifying them, and promoting the next generation leadership team he believes that
"A business with a high NPS is more likely to thrive and expand than one with a low NPS"