Thread regarding AT&T layoffs

ATT's triple gut punch to shareholders

https://www.yahoo.com/finance/news/t-gives-long-time-shareholders-171026219.html

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Post ID: @OP+1bTUbnNx

10 replies (most recent on top)

Maybe employees were axed for a different reason that Warner acquisition? It's just difficult to admit that.

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Post ID: @1gti+1bTUbnNx

Stock has to fall at spinout time. Simple example with fake numbers - If ATT Stock is $30 and they price discovery stock at $8, aftr spinoff you will have 1 ATT stock at $22 and 1 Discovery stock at $8. No free money here.

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Post ID: @1suf+1bTUbnNx

Stock will fall below $24. Randall will cash in his 2 million shares in a few years to reap a windfall before the dividend cut!!

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Post ID: @1nfc+1bTUbnNx

"First, it overpays for WarnerMedia forcing thousands of employees to be axed. Then it comes up with a supposed face-saving spinoff that takes away half of the shareholders’ beloved dividend. Lastly, it tries to sell shareholders on the fact they get two valuable stocks worth considerably more than $28.

That’s pure poppycock, and owners of T stock know it."

Employees know it too.

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Post ID: @1hdx+1bTUbnNx

I read that SA article this morning. Very good analysis and conclusion

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Post ID: @1vcg+1bTUbnNx

Workers getting paid and so ungrateful. Whine too much.

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Post ID: @obl+1bTUbnNx

Anyone on this board that can even remotely defend C-Suite decisions over the last several years is clearly a upper management shill attempting to run interference when anyone casts doubt on their ineptitude

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Post ID: @iah+1bTUbnNx

Keep on whining. It'll make you feel something, if not better.

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Post ID: @pxy+1bTUbnNx

Hey man give him a shot. He didn’t mean it.

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Post ID: @pgg+1bTUbnNx

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