Go read some AT&T articles on Light Reading or Fierce Telecom and see how many employees have been involved in layoffs or early buyouts. Over 47k and counting the last few years also changes/reduction in benefits below the C-suite all while they are getting very large raises and bonuses. Employee morale below the Board and top heavy C-suite is extremely low while trying to be engaged in a toxic, micromanaged, and ever changing work environment.
The stock has dramatically gone down and didn’t return like the majority of the market during this pandemic , despite majority of people streaming and working from home. The 7k hard hat jobs never materialized after the corporate tax cut as promised by the just retired (274k a month retirement paycheck plus benefits/perks) CEO Randall. They seem more focused on social engineering and politics than business but alas it seems the same in a lot of corporate America these days.