Thread regarding AT&T layoffs

Distraction

Stankey should focus on fiber, 5G, Wireless and debt. This hub consolidation adds more uncertainty and morale issues. I really question his strategy, and Wall St. will prove me right.

There needs to be a replacement CEO from outside the company with technical and financial skills that can rally the company around them, and instill confidence on Wall St. Stankey seems to be losing the confidence of the workforce!!

Even during the TW and DTV era his management style was erratic, He fired all the expertise, hired other experts and then let them go with golden parachutes!!

by Anonymous
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Post ID: @OP+1mNu0rx0
Comment! It's anonymous!

8 replies (most recent on top)

Our CEO is the laughing stock of Wall Street and on the Wall of Shame! It's really difficult to fathom T dealing with financial uncertainty, but Wall Street traders and investors are nervous enough to close their T positions and never look back. That dividend no longer looks as attractive as it once was. It's time to close my position taking major losses!

by Anonymous
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Post ID: @4wyg+1mNu0rx0

His latest move is making everyone consolidating into office hubs, if you aren't in those hubs you will lose your job, head of IT Jeremy legg is consolidating more into 4 hubs, so large project timelines will be impacted and they will lose more experts because no one needs to move for a job especially in IT!!!!!

by Anonymous
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Post ID: @4ywv+1mNu0rx0

Morale is low already and don’t know how Stanly will explain to the street 2nd qtr results. He promised so much lately. If he misses the numbers the street will lose confidence in T and stock will sink. Many funds will sell .

by Anonymous
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Post ID: @nsr+1mNu0rx0

Wow - Middle schooler post here:

"Wow... with the amount of market experts and financial gurus working for T, you'd think they would have no issues. Tell us again why you're not the CEO? You seem to know it all."

You are those that believe that just because someone is CEO it means they are qualified! LOL
It's not what you know, it's who you know.

Yes, most "regular" employees do know more than those in charge. We just don't rub shoulders with the "Elites". SMH

by Anonymous
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Post ID: @eaf+1mNu0rx0

the stock is low cause of the debt ceiling. just ignore the fact that att is down worse than anyone else.

and if you dont believe that, then we'll blame the bonuses in q1 hurting our free cash flow.

stock price isn't a vote about the performance of stankey at all.

by Anonymous
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Post ID: @ylu+1mNu0rx0

$15.40 stock price this morning - T has a big problem and it starts with Stankey. He's a total failure with a history of bad deals and he certainly learned nothing useful in business school at UCLA

by Anonymous
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Post ID: @ees+1mNu0rx0

Stock is under $16 today and falling!

by Anonymous
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Post ID: @rpm+1mNu0rx0

Wow... with the amount of market experts and financial gurus working for T, you'd think they would have no issues. Tell us again why you're not the CEO? You seem to know it all.

by Cry Harder
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Post ID: @twf+1mNu0rx0

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