Thread regarding AT&T layoffs

What’s the purpose for gWFH? There is no COVID now. Ge-z.

It’s funny how T doesn’t realize they will lose all their talent. It’s happened. It’s happening now. It will happen.

They're long gone. Top talent left AT&T back in early 2018, when the company was offering half-decent voluntary severance packages.

Nice to see a CEO that doesn't believe 'work life balance' wasn't just word salad to toss to the masses

putting my resume into Dropbox as we read. LOVE THIS CEO!!

Our CEO: didn't he state that we needed to attract younger talent and that we need to keep up with the times . . . then mentioned something about the old days of the 80s where it was invaluable to him to congregate around the water cooler to see the body language, the fear in an employee's eyes. Soooo: AT&T tries to attract talent by mashing old and new office trends to make the worst possible culture by forcing everyone into offices (won't even say 'back' because many of us were hired not as WFH) where only the C-suite have permanent office assignments and the rest of us schlep all our equipment daily into drop-in squares . . . . Think I'm not the only one applying to Dropbox. Houston instead of Dallas? Sign me up

@owk+1s9TwP4S
As the Eagles say...........already gone.

Top performers!

It’s funny how T doesn’t realize they will lose all their talent. It’s happened. It’s happening now. It will happen.

So those that go into the office will receive promotions and choice assignments, lol. Let me just highlight how many are still waiting on those promotions for jumping through every hoop imaginable. Nah, I’ll take the same cr-ppy assignments and no upward mobility to WFH. But yeah, as soon as you lay me off in a few months because I won’t move from Atlanta to Dallas, I’m going to retire and I’m only 47. Why many still work into their 60s is beyond me.

Dropbox's CEO says managers mandating returns to the office are just 'mashing the go-back-to-2019 button’ and creating toxic relationships with staff
Chief executives have spent the last year shaking off pandemic-era habits of working from home and permanently abandoning their fully-remote-work policies. Even Zoom, the company that helped to usher in the age of remote work, ordered its employees back to HQ for at least two days a week.
And for a growing number of companies, including Nike and Deutsche Bank, it seems like even the happy medium of hybrid working was a fake compromise—they’ve been slowly increasing the number of days staffers are required to show face.
But not all CEOs agree that the push to return to office is a smart move.
“They keep mashing the go-back-to-2019 button, and they see it’s not working,” Dropbox’s cofounder and CEO Drew Houston said as he slammed the trend in an interview with the Verge. “Then they just push harder and then you have this really toxic relationship.”
But Houston has some stern words of warning for those doubling down on rigid return-to-office mandates: Flexible firms will steal your talent no matter what perks you attempt to sweeten the sour deal with.
“People have voted with their feet that they value flexibility a lot more than snacks in the office,” he insisted. “At home, you can set up your environment exactly how you want it and not just have snacks but your dog and something that’s totally purpose-built for you.”
Ultimately, he said that “the market will tell us” if forcing workers back to the office is actually a good way to recruit and retain talent—or “profitable.”
In-office working is as outdated as movie theatres
Some CEOs seem perplexed by the resistance to working day-in, day-out in an office. After all, we did it for generations before the pandemic. But Houston highlights that’s because workers then “didn’t have an option.”
Now the cat’s out of the bag and workers today know that they can be equally—if not more—productive from home, all the while saving time and money on commuting and childcare.
“That’s what a lot of CEOs today misunderstand,” he said, before comparing RTO mandates to trying to force people to go back to watching films at movie theaters instead of on TV.
“Maybe you can do it for Top G-n once,” he added, “but the world has moved on.”
It’s why Dropbox is subletting “a lot” of its empty office space in San Francisco and rebranding how it views its 2,600-strong workforce.
“We see our employees as our customers,” Houston explained. That means offering collaborative propositions that staffers actually want to buy into.
“We’re finding that these retreats and off-sites and things like that are often a lot more effective than asking people to commute.”
Since Dropbox implemented a “virtual-first” model in April 2020, 90% of workers have gone fully remote—and it’s enabled the company to compete in the big leagues with “folks like Microsoft and Google” for talent, the CEO said.
CEOs are backtracking on RTO
Tech companies like Meta declared that 2023 was going to be the “Year of Efficiency” and demanded workers return to work in the name of productivity, while simultaneously scaring staff into complying with mass layoffs.
Although tech CEO’s mandates received the most attention—probably because entrepreneurs like Mark Zuckerberg previously championed fully remote work—they weren’t alone in their thinking.
In fact, at the time, 63% of CEOs predicted that working from home would end by 2026, according to KPMG’s Global CEO Outlook.
What’s more, 90% of CEOs were so steadfast on summoning staff back to their vertical towers that they were linking salary raises, promotions, and favorable assignments to those who showed face more.
But after experiencing more resistance to mandates than perhaps expected, bosses are backtracking and thinking more in line with Houston.
Recently, KPMG once again surveyed CEOs of companies turning over at least $500 million and found that just one-third expect a full return to the office in the next three years.
Now leaders who believe that office workers will be back at their desks five days a week are actually in the small minority: Nearly half of CEOs have conceded that the future of work is hybrid.

https://www.msn.com/en-ae/money/other/dropbox-ceo-says-employees-appreciate-remote-work-more-than-cushy-office-perks-they-value-flexibility-a-lot-more-than-snacks/ar-BB1lIGpv and they get office perks

Awesome. A blurred out article I can’t read. It was so insightful and life changing.

T was most profitable during mostly remote working. The article is addressing that there is a correlation between employee satisfaction and profitability. Brace for impact on 1q 2024 results. Not going to be good.

“You brown nosers may not like this, but most of us prefer to work from home. We don't need to be in the office to be productive.”
Then you are no longer a good candidate to work at T since this is no longer the corporate direction. Why not leave?

"Yawn"

You brown nosers may not like this, but most of us prefer to work from home. We don't need to be in the office to be productive.

Yawn.