Basically talking Verizon and know Tmob is not Union (and they are still cutting people) but would still be interested if that information is available. Perhaps this isn’t the proper phrasing of the question but wondering how we compare on a cost basis.
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Here's a concept. Why don't they offer a one time offer (year salary) to leave. they would loose so many people they would be hiring in six months. This is fact!
“T Mob is approximately +1bil a year account for AT&T, nice to own the (pipes) fiber wireline transport system. Once ordered, designed and fibered, it becomes a passive cash cow, with little maintenance.…”
The 3931 board just entered the chat.
T is clearly overstaffed, but when it does cuts, it's better rather to stay overstaffed. I've seen so many employees doing nothing sometimes it feels this is not a private enterprise. Some don't want to retire because life is soo easy. Others because they don't know any other life. Others need money.
Vision 2020 was an absolute joke - the plan of training employees had no results.
Politics is irresponsibly high in decision making, I laugh when I hear of cost saving.
And then, okay, let's refresh employees - I get it with the age discrimination, speaking of woke folks - but if you search of an L1 employee .. go to some prestigious tech university to recruit, all we got is old and tired employees from other teams rather then fresh graduates. T is not competitive on the market, this is the sad reality.
AT&T has way too many workers. Need to right size the company.
T Mob is approximately +1bil a year account for AT&T, nice to own the (pipes) fiber wireline transport system. Once ordered, designed and fibered, it becomes a passive cash cow, with little maintenance. Doesn’t take long to be in the black from the initial investment.
Verizon got rid of most of their wireline West of the Mississippi to Frontier but kept the wireless. T-mobile has a different cost structure. Pretty sure we are the only one of the 3 that has a Unionized wireless base courtesy of Mr Whitacre.
We cannot miss a step for the T Mobile fiber circuits to be cut to a new netwetwork element in the central office. T Mobile must have AT&T by the short hairs.
What a lot of employees don’t realize is that fiber is wireline and T-mobile is paying AT&T to use their fiber transport to support their mobility equipment (cell towers). I’m sure Verizon in their area too.
Not true, VZ only sold portions of it, they still have fiber (fios), which is wireline.
VZ sold their wireline business years ago.
Can’t get rid of many more worker bees but remote support positions and staff are being consolidated and contracted out. Don’t need 4 levels of VP, it will have to be flattened eventually, need to surplus the lower levels first then increase span of control for those VP’s left.
There are way more management and contractor employees than Bargained. Unfortunately management will continue to have layoffs over next 2 years.
Still a lot of upside on wireline, only around 30% coverage with fiber. Wireless is already a commodity and each company tries to cannibalize the others customers. T-Mob only has wireless.
The largest factor to consider is that T & VZ have wireline networks which add to the headcount whereas TMOB does not.
WHO CARES?
what difference does it make? We are going down 75K employees by 2025. When the music stops, make damn sure you have a chair!
Insightful question and the answer tells the story. Based on 2023 trend, VZ revenue per employee is around $1.25 million and AT&T is $560K per employee and may increase to $750K for FY 2033 and 2024. T-M revenue to employee ratio is a little over $1M. T has historically been less “efficient” and as one of the largest union employers in the country, it impacts the metric but isn’t the sole reason.
There is revenue generated per employee which is total revenue divided by the number of employee's. I saw somewhere recently that AT&T was in the $700k range per employee and T mobile and Verizon were over the $1 million range. To get AT&T numbers up either requires more revenue or less employee's. Guess which method AT&T is currently using?
Included in this should be (but often isn't) the hidden personnel costs of Accenture, CGI, and other contract companies.
In my org we are laying off skilled employees and replacing individuals with multiple Accenture resources in India. Is that really saving us money? It certainly isn't getting the work done, so there probably will be a revenue impact.