Thread regarding AT&T layoffs

old timer checking in, retirement just around the corner.

sorry for those stuck on this ride. there really isn't a way this company can turn it around. huge debt, huge competition, and honestly leadership is about as bad as you can get.

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Post ID: @OP+16uY47lJ

6 replies (most recent on top)

They are losing subscribers still right? A new space satellite system gets 16 meg download speed.
There are statistics that predict ATTs demise. But they don't apply to all companies. If things go for the worse then maybe the dividend getting cut will be the first final warning sign.

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Post ID: @1aro+16uY47lJ

Even Lucent technologies, a company that was born by ATT had a crook there that was guilty of fraud and corrupt accounting practices...sound familiar! Yes, it could easily happen to T

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Post ID: @1avb+16uY47lJ

@exp. So was MCI, Worldcomm, Sprint, Global Crossing, Kodak, etc etc etc. Being naive is foolish if you think it will never happen to T.

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Post ID: @blq+16uY47lJ

Good Luck and Enjoy 🙏

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Post ID: @hgp+16uY47lJ

yes, I'd say that this rollercoaster ride is coming it it's end, the wrecking crew is standing by to tear it all down

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Post ID: @cag+16uY47lJ

But it is a cash cow how can it not make it and they are providing jobs so how can that be?

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Post ID: @exp+16uY47lJ

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