Thread regarding AT&T layoffs

Something else T-mob doesn’t have, wireline. They contract with AT&T for a lot of their backhaul to and from the cell towers. It’s nice to own the pipes, prices can up as needed because guess what, wireless is only from the device to the tower then it’s wireline back to the equipment. Wonder who wins in that scenario?

Small piece that T-mob trolls are missing,

T-Mobile currently has approx 81,000 badged employees.

TMOB doesn't provided nearly the amount of services that T does! T provides WiFi services to McDonalds, Home Depot, Walmart and on and on! It converts copper POTS lines to cellular for required analog lines for security and fire alarm services. It provides managed services for companies that don't have their own IT departments, the bottom line is that T requires many more employees to continue to provide all the additional services to companies that TMOB and VZ offer!

Obviously head count reductions. You don't outsource work and then keep the employees around that we're doing it. If you don't see this then your naive.

To @rts+1pXJ11nU

So, I'll take you at your word that you work in Dallas and are in the know about network optimization. Regarding your comment about no more layoffs can you provide any insight on how an additional $2 Billion in cost savings is going to occur in the next several years without additional reductions in head count when almost all of the previous expense reduction was mostly head count related? OK, so you can't provide specifics then offer up some general comments on how those savings are going to occur that are Not employee related. Good grief!!!

“ T-Mobile currently has approx 81,000 badged employees”

TMobiles network was, is and will always be garbage. Typically last in every competitive network reliability comparison.

T-Mobile currently has approx 81,000 badged employees

“At&t will need make changes in the balance sheet to accomodoate this new project. Where will they get the money? Looking at the last finiancials they will not be obtaining this money from revenue. So the only location is in liabilities. The easiest liability to cut is employees. How many? Let us do the math. $14 billion dollar deal over 5 years. That is $2.8 billion dollars a year. The average expense for an employee is $250 thousand a year. $2.8 billion divided by $250 thousand is 11,200. To balance the expense they will layoff a minimum 12,000 employees in 2024. Simple accounting”

You are seriously genius

At&t will need make changes in the balance sheet to accomodoate this new project. Where will they get the money? Looking at the last finiancials they will not be obtaining this money from revenue. So the only location is in liabilities. The easiest liability to cut is employees. How many? Let us do the math. $14 billion dollar deal over 5 years. That is $2.8 billion dollars a year. The average expense for an employee is $250 thousand a year. $2.8 billion divided by $250 thousand is 11,200. To balance the expense they will layoff a minimum 12,000 employees in 2024. Simple accounting.

Spectrum leasing

Interest on its cash investments. Done

If you rub the plan on the carpet in circles then you will see that you can get it to stick on Stankey's head.

Stankey knows more about selling hot tubs than anyone!

They will be selling hot tubs to bridge the revenue gap.

Yes, more money if they lay off the unneeded workers.

Just add it to the debt. Next guys problem.

They’ll call it infrastructure and get more money from the American taxpayer, and then they’ll raise prices.

I don’t think our leadership know how to fund it, they will add debt to existing debt and claim we are not generating enough revenue, and as you know a surplus party starts at full scale

Goal is under 100k employees by 2025. They want revenue per employee to be about $1.2m. Do the math. Currently we are at around 160k employees. They won’t “layoff” people, you’ll just get rebadged. Happened to digital employees 2x now, 1st to Tech Mahindra, 2nd to Accenture. No severance paid. Take it or there’s the door. I don’t know of any of those people that got rebadged still working around here or those other companies. Facts.

"Who is John Stank?" He's John Wick's cousin. Instead of rampaging through the global criminal underworld for revenge like John Wick does, John Stank runs Fortune 500. Companies into the ground.

I don't think ATT lied, they are simply "fence sitters" under uncertainties, plans constantly change by the minute. Unfortunately, sadly we just don't have the right decision makers and how to execute....they are bunch of clowns.

Who is John Stank?

Good grief for the last time, Ericsson is not taking over network management. AT&T has zero intention of ceding control of the network to a third party. It’s baseless rumor and hysteria. There are no plans in 2024 for additional layoffs either. "

You must not have seen the 2024 calendar that has 11 surplus dates. Likely place holders in the event they are needed, but they are there. First one is 1/22, let’s see if it happens. I heard rank and stack mid Dec with names confirmed 1/8. To repeat, this is the timeline, I have not heard anything about an actual surplus. Source: office collaboration

Thousands of lost jobs and outsourcing will pay for it
What I hate the most is those who try to defend the leadership decisions after all writings on the wall and the record of our leadership decisions in the last 15 years or more

The O-Rand project is Stank’s secret static electricity internet and dial-tone. He’s a savant wire tech.

Who cares how T will fund this, this whole thing will fail as always and will only take T deeper to a new low

We would all love to RTO five day a week if you don’t give all this work to Ericsson.

This handover of network management from at&t employees to Ericsson is another trick to cut more people
T is a disgusting workplace, no one trust anyone

Ericsson will 100% replace 85% of badged employees. Deny all you want, the company wants contractor based financial efficiencies which is exactly what they’ll get. Keep your head in the sand though.

AT&T leadership planning to layoff about 100k employees in the next 5 years, this will save more than $14 billions
Look at the last 5 years, at&t did layoff about 100k

"Good grief for the last time, Ericsson is not taking over network management. AT&T has zero intention of ceding control of the network to a third party. It’s baseless rumor and hysteria. There are no plans in 2024 for additional layoffs either. "

I've worked here for close to 25 years - I cannot tell you people how many times I've heard something similar to this and it's turned out to be a lie Every. Single. Time.

Remember, part of the $14 billions deal Ericsson will manage the mobility network for 5 years including design, optimization, capacity planning, everything.
This will save thousands of highly paid employees and management in the mobility
That’s how T will fund this project

T is broke. So it will be cutting MORE headcount since we definitely aren’t increasing revenue!

I can’t think of any venture at&t leadership did that generated enough revenue to pay for itself
They always lose and cover it up by layoffs and cost reduction

What do you think?
How at&t funded all the great projects of the last 15 years?
T has one tool in hand “cost reduction” you know I mean by that

“Layoffs, layoffs, and more layoffs.
That’s how T always funded stupid regrettable decisions”
Very true

T already in debt, it can’t take more debt in this market.
Only option is mass surpluses and cost reduction

“The project is over 5 years, three years to replace Nokia equipment and two years to upgrade to open radio.
To answer your question, yes T will do both mass surpluses since Ericsson will take over the network management
And thought painful savings like office consolidation and RTO”

Good grief for the last time, Ericsson is not taking over network management. AT&T has zero intention of ceding control of the network to a third party. It’s baseless rumor and hysteria. There are no plans in 2024 for additional layoffs either. Stop creating these lies. How do I know, I work in a role in Dallas privy to much information that’s the best I can’t tell you

AT&T number of employees now is about 160k compare to t-mobile 60k, I think AT&T will surplus 100k in the next three years to fund the handover

Layoffs, layoffs, and more layoffs.
That’s how T always funded stupid regrettable decisions

The project is over 5 years, three years to replace Nokia equipment and two years to upgrade to open radio.
To answer your question, yes T will do both mass surpluses since Ericsson will take over the network management
And thought painful savings like office consolidation and RTO