May 3rd, 2024, DIRECTV has now completed a long planned layoff of about 400 workers company wide. More layoffs planned in the fall. Only about 7500 employees left. Cord cutting and extremely poor management are driving this company into the ground. Lost 1.8 million subscribers in 2023. Only 6.8 million satellite subscribers left. Counting UVERSE and DVTE (streaming), total subs is about 8.4 million.
Projected to lose another 1.5 million subs in 2024, this is unsustainable.
Satellite pays the bills, all other products lose money.
And to add insult to injury, AT&T rumored to divest itself from DIRECTV in August.
Update those resume's, its just a matter of time.....
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More layoffs comming. So sad that company is favoring international labor over America's.
To Davey Jones Locker with Directv or should I say Cr-ppy ATT leadership. They lie, deceive and blame the frontline field teams for all their failed policies. They are all a cancer to society.
I was there when subs grew year over year in the 20m range. When will dtv be dismantled? 7m subs and decling as the remaining subs die off? Can't imagine when they won't be able to ktlo and fully loaded margin is negative. Any analysis on this?
Wait a minute. You mean to tell me that forcing the Gemini onto 85 year old widows who think streaming involves running water ISN'T going to save the company?
Shocked I am.
DirecTV is fully stacked with butt * kisser, almost all management level are imcompetent at all, especially the director level as well as senior director level, AVP/VP/SVP, no exception, most of them even don't know basic concept of their business responsibility, just popularity and a-s ... kissing, the customer service team is the worst, nobody has any integrity, all cheaters.
The layoffs are usually over the period of a quarter typically starting around the end of January, at least when I was there. So it's probably 400 people over 3-4 months. Every month a new group gets the notice they're out.
DTV is a sh-t show.
Investors, stakeholders, employees etc are all kept in the dark. “Die”recTV has been tight lipped about this sinking ship we’re aboard for many years — soon to be at the bottom of the ocean with Sears, KMart, RadioShack, Circuit City.
Poor upper management, a toxic culture, and a sh1tshow from top to bottom. Yes, get them resumes ready yall. USS “Die”-recTV is sinking.
There were 400 people laid off last week? Which departments?