Nice analysis of current and not so current events at ATT.
https://www.techdirt.com/articles/20200811/07375045088/att-fires-hundreds-dc-hbo-execs-latest-example-merger-synergies.shtml
5 replies (most recent on top)
I’m glad they axed a lot of DC comics woke fools destroying the brand.
From 2018:
What’s AT&T’s cost-cutting plan for HBO? Will there be layoffs?
Stankey: [Time Warner was] a full-blown corporate entity, and they will not be a year from now. They will be a small support organization to me. We’re not running a public company anymore, and as a result of that, there’s going to be a fair amount of displacement for your colleagues that work up at [Time Warner corporate headquarters in] Columbus Circle. And they understand that. I think we’ve been fairly transparent around that.
Now, the good news for many of you who work in this organization and are part of an operating, customer-facing brand and build product and content, is that it’s not Fox or Disney sitting up here on this stage right now. There is virtually no duplication to AT&T and what you do. And that’s a good thing.
I suspect if we’re in a situation we’re going to be investing heavier, that means that there’s going to be more work for all of you to do, and you’re going to be working a little bit harder. And I don’t joke. I’m pretty serious about it: The year following a transaction, when you’re starting to charter these new strategies and directions — it’s like working a dog year.
You will work very hard this next year. It will feel like nothing — my wife hates it when I say this — it feels like childbirth. You’ll look back on it and be very fond of it, but it’s not going to feel great while you’re in the middle of it. She says, “What do you know about this?” [Some laughter]. So I just observe it; honey, we love our kids.
It’s going to be a tough year. I mean, it’s going to be a lot of work to kind of alter and change direction a little bit, but I think you’re going to feel really good about it. It’s going to be a year of incredible growth.
Will they ever realize that consumers want nothing to do with this company?
Cut deep into the FAT please!
BAU , nothing to see here, T needs to reduce its debt load, so WarnerMedia folks are currently the ugly-step children in the T family and must go.. A few will come over to the death start , but many others will be shafted..