Thread regarding AT&T layoffs

Depending upon one's pension plan, if eligible, a 12/1 off payroll date could mean Nov 2022 IRS segment rates would apply for a 1/1/23 lump sum commencement, hence one may be better off leaving voluntarily submitting their resignation and leaving 11/30, lump sum pension commencement 12/1 with Nov 2021 IRS segment rates.

Those on the legacy S / MW +1 plan could be lucky enough to get the 6 month involuntary severance package and a pension lump sum 12/2 commencement date. That would be sweet and was my dream earlier this year.

However, I already submitted my resignation effective Nov 2022 to obtain a Dec 1 pension lump sum commencement. Being a high rated performer who got ICA money last June, my interest in leaving would likely never be accepted.

Been through this a few times, had to take a downgrade to remain employed, one day form being off payroll and another time, had to relo to a hub city to keep my job. Company relo Plan A semi-covered the move. The income taxes on the gross-up was a ki---r. But I needed 3 more years which I got.

Now to move back home on my dime and enjoy the fruits of my labor and the trial and tribulations of working at AT&T for a few decades.

What a useless organization! Right up there with HR.

The 12/1 date is probably because there will be letters of interest sent out. After they are returned a layoff will take place, perhaps mid Nov at which time a 2 week notice will be given.

Those recently let go in other areas were given 2 weeks. Any idea why this groups will be around til Dec?

Didn’t they already obliterate finance??? What areas of finance are left for reduction??

OP here. They didn't give any idea of numbers. The emails are not interest in leaving - they are letting you know if you are in an affected group or not. I am assuming they will let those affected know soon after that.

Email for "Interest in leaving", or announcing surplus?

How big the layoffs? Any idea?