Thread regarding AT&T layoffs

The new exec norm, keep their positions and get paid more for failing. The Stankey layoff strategy of reducing headcount will come to an end soon because it’s already getting to a place of not functioning as a company. Multiple outages and security breaches are happening more frequently. Customer service is horrible with the automated maze of options. The positives are that there is a need and want for fiber for many reason’s. Speed, capacity, latency, interoperability and many future uses. That is going to continue to require a diverse array of talent from building the network, installation, provisioning, programming, maintenance, tech support and sales.

The company has been going through a very tough transition from legacy technology and products to the building out the new fiber/wireless network. The executive team hasn’t done very well with it, they have managed to change the successful culture and style of employee empowerment and meritocracy. The new culture and style is a top down micromanaging, bullying with DEI/ESG which, has reduced morale to an all time low and employees quiet quitting.

Once again jealousy raises it's ugly little head.
Stankey is making serious bank. We are just making mindless posts on a site nobody successful reads.

It will be big saving for T if Stankey is gone. Wonder how come he does not see himself on the surplus list.

Duplicate thread. I find you guilty of Unfair Posting Practices. Of course you're trying to manipulate the medium.

You've already posted this. Quit SPAMMING the board.

AT&T Paid $67,743,037 to Former CEO This Year but You Won’t Find that in Summary Compensation Table

“ because Stephenson remains a consultant we know exactly how much AT&T paid him from his various retirement vehicles last year: an astonishing $67,743,037. “

Annual Meeting:

5/19/2022

“John Stankey, AT&T CEO, received total compensation of $24,820,879, representing an 18 percent increase from the prior year. It includes a larger than average salary and a cash bonus that more than doubled from the prior year. “

“At the end of 2022, the company will finally freeze the SERP (Supplemental Employee Retirement Benefit) and many of the more generous aspects are not available to officers appointed after 2008. Stankey has a total retirement package worth over $36 million.”

“AT&T is one of only a few companies that have been on As You Sow’s Overpaid CEO list for eight years. “