Thread regarding AT&T layoffs

Remember when:

CEO Stephenson said the stock was going to $50/share
CFO Stevens said it was a good thing AT&T was kicked off the DOW and replaced by Apple
COO Stankey did that hilarious/mocking impression of Trump right before the 2016 election - then Trump got elected and when had to spend an extra $550M in legal expenses to get the Time Warner deal done
COO Donovan (claiming to be a good Irish Catholic boy) got caught sniffing Arnoldi's drawers.
Never the A-Team of C-Suite America.


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Post ID: @OP+1kx5yzqjd

10 replies (most recent on top)

Dow is up 7.5% while AT&T stock is down 13.5% since beginning of 2026. There is zero confidence in this leadership team’s strategy, whether it’s a 1, 3 or 5 year plan. They focus on items that don’t bring value to the shareholders. Can’t wait til this months report that will have the stock below $20 - great job you bunch of money hungry, over paid id$$ts.

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Post ID: @bx+1kx5yzqjd

@OP .. really, Donovan got caught sniffing Arnoldi's drawers??? hysterical.. I had no idea.. fill me in please.

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Post ID: @ba+1kx5yzqjd

For once I agree with legg. Stevenson's strategy was acquisition. Buy T-Mo. Lose money.
Buy DTV. Lose money.
By Warner. Lose money.
Stock went up, company went sideways.
This leadership team are cutting all the fat to make the company lean. Unfortunately, never forget that the priority is stockholders, customers, employees.
You're at the bottom if you work for the company.

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Post ID: @b6+1kx5yzqjd

Correction. According to T financial statements it was $1 billion in legal fees litigating TW cluster. CFO Johnny Boy told everyone it was a great use of shareholders money. What a fu--ing id--t and SBC loser. On the job training of RJS and JS cost over $100 billion.

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Post ID: @b3+1kx5yzqjd

AT&T should have focused only on three things; Fiber Deployment, Wireless and Digital Security. TW and DTV was a waste and distraction.

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Post ID: @aw+1kx5yzqjd

When your best qualification is marrying the CEO's daughter, what could go wrong?

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Post ID: @av+1kx5yzqjd

Should have bought cryptocurrencies instead. Get rich.

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Post ID: @aq+1kx5yzqjd

“Never the A-Team of C-Suite America”
Well, they certainly were and are the A-ole Team of C-Suites.

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Post ID: @am+1kx5yzqjd

Remember when you were young?

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Post ID: @ac+1kx5yzqjd

Pepperidge Farms remembers.

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Post ID: @a9+1kx5yzqjd

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