Thread regarding AT&T layoffs

I'm so lucky. I feel bad for young employees.

I'm so lucky that I was eligible to retire, both personally and from AT&T HR's perspective by the time the wheels started falling off the AT&T machine.

AT&T managed to bring itself to the brink of failure, only to be bought at salvage rates by SBC, who then promptly handed the reigns to the exact same kinds of fools who nearly sunk the original ship.

Now it's in the process of sinking again, and taking a lot of good people with it. I am truly fortunate that the timing worked out so that I was able to retire a little early with six months pay on my way out the door.

Maybe the next company that waits over the carcass until it's cheap enough to buy will do something productive with it.

Meanwhile, current leadership is working on a layoff/firing strategy disguised as a reorg. Forcing people to move with no logical basis for the decision. Shuffling customers between increasingly overworked representatives with no customer relationship history. Making an absolute joke of customer support with offshored resources that don't even understand the product they support. Waiting on employees to move, hen laying the, off anyway.

Have there been any studies of the su----e rate of T employees compared to the general public? Will it really be that shocking when some tortured employee "goes postal?"

Yep, very lucky that I could leave when I did. I truly wish the best to those trying to survive as the ship sinks.

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Post ID: @OP+1sA6Rweo

50 replies (most recent on top)

Yes I feel so lucky I left Att 7 years ago and moved my retirement and services away when I quit because I di not want ainything to do with the cesspool Att but after they kept my ssn for 7 years they release it to the dark web. So don’t get to lucky there your release will come give it about 7 or 10 years or who knows maybe longer.

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Post ID: @bxul+1sA6Rweo

Retired ppl???? Most of the people posting are still working for the company. What type of Gen Z mo--n are you. Dude you can't be serious! Go ask your mommy to read the post then tell you they are people still working. You kids can't think on your own...pitiful! Common sense, work ethic and intelligence is a thing of the past for you yahoo's.

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Post ID: @5ibg+1sA6Rweo

ok corn pop, thanks for the concern

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Post ID: @5vns+1sA6Rweo

"It’s crazy to me that retired people still post here. You look ridiculous."

Sorry that your mind is so small that the idea of a retiree posting here is too much for it.

Guess who actually looks ridiculous, kid?

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Post ID: @5dbv+1sA6Rweo

It’s crazy to me that retired people still post here. You look ridiculous.

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Post ID: @4tbz+1sA6Rweo

"Yes, correct. Stankey is older and smarter than most of us. That's why he is running the company."
Older perhaps but smarter? This is the guy that has his finger prints all over TW and DTV deals. The same guy who wrecked those companies by alienating the people who knew how to run them. Smart? Hahaha.

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Post ID: @4jjp+1sA6Rweo
“Why the he-l are inter-generational employees arguing with each other. The enemy is your employer, not your fellow employees. AT&T will attempt to exploit you as much as possible. It it our job to sc--w AT&T back as much as possible. The profit motive is wholly dependent on exploitation of employees.”

Because a lot of the older folk are rooting for RTO and don’t get that T upper management is pathetic.

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Post ID: @4fda+1sA6Rweo
“Another boneheaded lack of expierce comment from a Gen Z. Incase you don't know you don't invest your money in ATT stock you invest it in Index funds that canvass the entire S&P 500. In the past 30 years the S&P rose nearly 2000%. You can thank me later for this tip or LET ME GUESS you already knew this. Most of us older people have forgotten more stuff than you leaned. A college degree and a few tips from mommy doest clarify you as experience!”

The point they’re making is for stock grants, and stock match you bozo.
Of course everyone knows to invest in ETF’s and index funds but if you work at a company whose stock goes up the grants significantly amplify your earnings…

Clueless.

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Post ID: @4nrn+1sA6Rweo
“Your friend that work at Met and Google are lying to you my friend. Anyone below an exec does not get these benefit. I have plenty of friends that work for both companies. Look at end of the day both those companies you are referring to are big company now and don't offer those incentive any longer.”

Person tries to say someone is lying when data is literally available online.
Obviously someone who doesn’t use Glassdoor, Blind, or Levels.fyi.

Meta TC:
https://www.levels.fyi/companies/facebook/salaries/software-engineer?country=254

This is for Software Engineer:
E3
(Entry Level)
$193K - TC
E4
$298K - TC
E5
$418K - TC
E6
$624K - TC
E7
$1.55M - TC
E8
$1.62M - TC
E9
$3.25M - TC

Also, keep in mind entry level at real companies get stock grants and RSU’s, and Meta stock actually goes up, amplifying their earnings.

I’m not trying to be ageist but some of you older folk really are out of touch. This is information available online from multiple sources.

T pay is dog-water.

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Post ID: @4ukd+1sA6Rweo

I remember I was interviewing kids fresh out of college for junior level engineering position. This kid from GT came to the interview with his Mom. Could not believe it! I told her she can wait in the lobby while we conduct the interview. She insisted on being part of the interview. Needless to say I did not hire him. That is a direct representation of the kids coming out of college these days. I was totally blown away by this experience. Hired another summer intern and she slept at her desk most days. We released her from the internship after two weeks. The future of America is dim at best.

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Post ID: @3ire+1sA6Rweo

You can carry your 401k with you to other jobs, the only thing you lose when job hopping is any unvested stock - if you stay long enough to vest 100% you lose nothing.

Tech companies also usually offer RSU’s and options at much lower levels than T. I have friends who started at Meta, Google, or Jane Street that are in their 20’s worth millions.

Most companies bestie terms are 5 years together the cash match. So if your jumping jobs like you Gen Z folks do your leaving at least 50% on the table. Also most companies do not alloy a company match or 401K participation until six months or a year on the job.

Your friend that work at Met and Google are lying to you my friend. Anyone below an exec does not get these benefit. I have plenty of friends that work for both companies. Look at end of the day both those companies you are referring to are big company now and don't offer those incentive any longer.

Come on kids you guys have to get up earlier in the morning to fool a person with experience.

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Post ID: @3fjs+1sA6Rweo

Also, imagine how much all those boomer 401k’s would be worth if they had worked at a company whose stock actually went up.

Another boneheaded lack of expierce comment from a Gen Z. Incase you don't know you don't invest your money in ATT stock you invest it in Index funds that canvass the entire S&P 500. In the past 30 years the S&P rose nearly 2000%. You can thank me later for this tip or LET ME GUESS you already new this. Most of us older people have forgotten more stuff than you leaned. A college degree and a few tips from mommy doest clarify you as experience!

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Post ID: @3lxk+1sA6Rweo

Why the he-l are inter-generational employees arguing with each other. The enemy is your employer, not your fellow employees. AT&T will attempt to exploit you as much as possible. It it our job to sc--w AT&T back as much as possible. The profit motive is wholly dependent on exploitation of employees.

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Post ID: @3wak+1sA6Rweo

Imagine thinking a million is a lot of money in 2024.

Also, imagine how much all those boomer 401k’s would be worth if they had worked at a company whose stock actually went up.

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Post ID: @3qsb+1sA6Rweo
“Just another foolish post from a Gen Z. Do you realize most of these old people you are calling broke have millions in a 401k because they didn't jump jobs. Do you also realize most of these older people have homes that are paid off because they lived stable lives. Most older people that have long careers in companies are worth millions. Just another post from an inexperience Gen Z. Come out of your basement and talk to your mommy on how the world works before you make foolish post.”

You can carry your 401k with you to other jobs, the only thing you lose when job hopping is any unvested stock - if you stay long enough to vest 100% you lose nothing.

Tech companies also usually offer RSU’s and options at much lower levels than T. I have friends who started at Meta, Google, or Jane Street that are in their 20’s worth millions.

But sure.

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Post ID: @3jvz+1sA6Rweo

You spelled response wrong even with an iPhone that has autocorrect, you don’t job hop for TC and believe your loyalty will be rewarded.
This is why you’re broke.

Just another foolish post from a Gen Z. Do you realize most of these old people you are calling broke have millions in a 401k because they didn't jump jobs. Do you also realize most of these older people have homes that are paid off because they lived stable lives. Most older people that have long careers in companies are worth millions. Just another post from an inexperience Gen Z. Come out of your basement and talk to your mommy on how the world works before you make foolish post.

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Post ID: @3doq+1sA6Rweo

lol bye

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Post ID: @3qof+1sA6Rweo
“Responce: You have to love this one. Hey Gen Z when you move out of your parents basement and have a couple kids and have loads of responsibilities come talk to me. You guys crack me up with this want it my way nonsense. Man this is priceless!”

You spelled response wrong even with an iPhone that has autocorrect, you don’t job hop for TC and believe your loyalty will be rewarded.
This is why you’re broke.

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Post ID: @3mxn+1sA6Rweo

No need to feel bad for the young workers they have a lot of time left in their careers, they have different needs and values. This is no longer a generation that picks one Company and stays loyal for 40 years. That's a thing of the past. Show me the money with a good culture and flexibility or it's on to the next thing!!

Responce: You have to love this one. Hey Gen Z when you move out of your parents basement and have a couple kids and have loads of responsibilities come talk to me. You guys crack me up with this want it my way nonsense. Man this is priceless!

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Post ID: @2plf+1sA6Rweo

No need to feel bad for the young workers they have a lot of time left in their careers, they have different needs and values. This is no longer a generation that picks one Company and stays loyal for 40 years. That's a thing of the past. Show me the money with a good culture and flexibility or it's on to the next thing!!

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Post ID: @2zti+1sA6Rweo

Young person here. why don't you take your post and print it out, get yourself a mirror and beat yourself off to a print out of how lucky you are.

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Post ID: @2bzh+1sA6Rweo

even when you retire att still finds way to sc--w you by leaking your ssn to the dark web.

att is the gift that keeps on giving even if you don't use their service or moved your retirement away from them they still find ways to sc--w by holding on to your personal information.

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Post ID: @2yuk+1sA6Rweo

"I think it's weird that people that are retired are reading these posts.
Why do you care
Go enjoy your retirement if FFS."

I care because I had plans to work another 2-5 years. My retirement would have been better funded, and I had plenty more to offer the company. Unfortunately the company is being run into the ground and is actively driving customers away with its incompetence.

I care for personal, selfish reasons, but i also care that customers I've worked with for two decades are getting cr-ppy service and a new account manager every 6 months now. I care because it's sad to watch the train wreck, even when you're not on the train.

I am enjoying my retirement, but I could have enjoyed it even more a few years from now if the company wasn't dying. As I said initially, I'm so lucky because this hit me at a time when it was merely inconvenient. For others, they are at an age where this hurts a lot more. Single moms, recently divorced and trying to get back on their feet. Employees who are older, but can't retire yet, and may have a harder time getting a job due to age discrimination.

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Post ID: @2wyw+1sA6Rweo

"Yes, correct. Stankey is older and smarter than most of us. That's why he is running the company. "

Nope. But I will concede that he's a lot smarter than anyone who would say this without joking.

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Post ID: @2kym+1sA6Rweo
“Yeah let me guess you all stand around talking to your gen z buddies that also have no experience. If you're such a genius come out of your echo chamber and leave ATT. Let's see if you can stand on your own. The old people you are referring to can do the job in their sleep that is how good they are. Maybe set aside your entitled pride and learn something that will be relevant to the street. You people crack me up with all this entitled nonsense. It laughable! ATT has had a rough stretch but it is a good company that has some talent that have been with them for a long time. This is comical!”

Us young people chase TC, it’s all that matters in 2024.
There is no such thing as company loyalty etc because in 2024 the company has no loyalty to you.
If you’re at a company more than ~5 years you’re stagnating and could have jumped jobs for more TC and up-leveled.

T is a dinosaur with no real product to be proud of or impactful innovation to be inspired by. They’re legacy tech riding the coat-tails of a monopoly setup by men who aren’t even alive anymore that no one remembers. A past agent of innovation when bell labs was in its prime that’s been cannibalized by foolish old men with business degrees thus becoming an echo of its former self.
A pathetic relic of a bygone era that will likely be further consumed by newer better companies and forgotten about like the old T boxes on 100 year old bungalows.

Men, such as Stankey, have driven this company to the edge of oblivion chasing short term stock gains ignoring the long term impact just as the executives have done in other similar companies such as Boeing.

If you believe T is still great, then that just goes to show how truly out of touch and antiquated YOU really are. Living in the past, when America was at it’s prime and T still maintained it’s monopoly over telecom, but then there came the internet, and competition, and cell phones, and so many other new technologies that T never saw coming because they made the same foolish mistake they’re making today - ignoring the true genius technical minds right under their noses and opting to listen to fools with business degrees, management degrees, consultants, HR representatives, McKinsey, etc - the same people who told them cell phones would never take off.

And here we are, in 2024 - with people like you cheering on RTO, swearing, like Stankey that T is a great company.
Swearing things won’t change and we’re “just about the turn a corner” - listening to McKinsey again, taking culture surveys just like in the 1990’s when they advised T cell phones weren’t going to be a thing.

WFH isn’t going to be a thing, tech isn’t going to be a thing, competition isn’t going to be a thing, let’s keep doing the same things we’ve always done cut our way to success embrace long gone revenue streams, listen to the fools in suits - it always worked out before, right?

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Post ID: @2efa+1sA6Rweo

Yeah let me guess you all stand around talking to your gen z buddies that also have no experience. If you're such a genius come out of your echo chamber and leave ATT. Let's see if you can stand on your own. The old people you are referring to can do the job in their sleep that is how good they are. Maybe set aside your entitled pride and learn something that will be relevant to the street. You people crack me up with all this entitled nonsense. It laughable! ATT has had a rough stretch but it is a good company that has some talent that have been with them for a long time. This is comical!

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Post ID: @2cer+1sA6Rweo

Yes, correct. Stankey is older and smarter than most of us. That's why he is running the company.

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Post ID: @2ama+1sA6Rweo

Young talent that T wants (developers, engineers, technical) people don’t want to work at T, trust me, I’m one of them.
We talk to each other, this is just a stepping stone for fresh out of U grads.
We all plan to bounce after 2-4 years and use T as padding to go to MSFT, TMUS, or some other tech / FAANG with higher TC and QOL.

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Post ID: @2lud+1sA6Rweo

If younger people are such geniuses and possess so much talent then why is every executive position in companies, government and the private sector held by (Old People). I would suggest experience, knowledge and understanding...period. Anybody that would disagree would be a fool. Come on you young folks can't be that naive. These older people didn't come from a generation where everyone on the team got a trophy and told they were great when they were not....we had to work for it. There was one winner and a lot of people that stood in line to get mentored. You kids crack me up with this entitled nonsense!

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Post ID: @1tdz+1sA6Rweo

Ok you're right. Keep working, Keep job hopping and keep paying my Social Security. Glad you think you're so useful because I do to keep collecting that SS check. Cheers!

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Post ID: @1pgw+1sA6Rweo

Old guys will tell you how to plug in the internet.

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Post ID: @1yzl+1sA6Rweo

The internet began deployment 30 years ago and Mobility was around the same time. Most of the legacy systems you're referring to are tell office. The older people who work in Corp are highly skilled people. Don't let your lack of experience cloud your insight. partner with these older people and learn something.

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Post ID: @1wmh+1sA6Rweo

SBC management were from the old "lead through intimidation" school. Further, they had no experience in growing a business organically . . . it was a protected monopoly, and Big Ed just bought companies to grow. None of the current leadership has any experience growing a business. Stankey was handed the keys to WB and made decisions that drove it into the ground. And now he has been handed the keys to T, and guess what, revenue went down YoY. T spent billions in capex, and revenue declined. Stankey keeps saying the fruit of these investments is 3-4 years out. So, since he cannot grow revenue he has to reduce expenses to maintain his margins, and employees are the easiest target of his expense reductions.

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Post ID: @1ary+1sA6Rweo

Young workers have something to offer. Old workers are just hanging on until they are totally obsolete. Kinda sad really.

Response to this post. The older people you are referring to could work circles around younger people. They have what is called experience. Younger people come to ATT stay six months then are off to the next company. Maybe if you partnered with these older people you are referring to you would learn a craft and be useful and able to provide stability for yourself. I don't mean to be harsh but the truth is what it is. Lets face it if you are in your 20s your still learning...period!

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Post ID: @1hge+1sA6Rweo

I think it's weird that people that are retired are reading these posts.
Why do you care
Go enjoy your retirement if FFS.

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Post ID: @1kup+1sA6Rweo

You are very lucky. Congratulations and enjoy your retirement because I sure am.

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Post ID: @1rmg+1sA6Rweo

BellSouth was a great company and yes we got sold out BUT SBCs Snake Oil Ed and RJS DESTROYED BellSouth. T is nothing but a sh-t show dumpster fire.

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Post ID: @1sea+1sA6Rweo

Coming from a young employee here, speaking to those who have been here for countless years, the culture and the organization after certain leadership changes has really caused damage. It does seem to be that now it’s just work work work, which yes - it is corporate, but where is the culture - really? I can understand why many of my colleagues stay here for a few years and jump ship, shoot, if I’m being honest, I felt that same way too. I do hope that there is some change in the near future, because honestly, it does su-k to have to be in your 20s and all you care about is work, and not really enjoy your life. I get the older generation will probably give this cr-p, but I do wish there is change. Do I think it will come soon? Absolutely not. But, I still have that slight hope, very little though.

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Post ID: @jnv+1sA6Rweo

Young workers have something to offer. Old workers are just hanging on until they are totally obsolete. Kinda sad really.

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Post ID: @pll+1sA6Rweo

I agree that CEO - Duane Ackerman and the BOD sold out the best of the Baby Bells, Bellsouth. They were in the best financial condition and managed of all the other Bells, was written about in many financial news reports, multiple times. It was a case of the Flintstones buying the Jetson’s, it’s what all former Southern Bell/Bellsouth employees say when the toxic disaster of SBC/AT&T took over.

Though Bellsouth wasn’t perfect, It was managed as a bottom-up, family oriented company, where toxicity wasn’t the norm. Employees were a valued asset and not “Human Capital” until, Ackerman and the BOD saw $$ and sold us out, It should have been the other way around.

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Post ID: @ntu+1sA6Rweo

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