Thread regarding AT&T layoffs

this is what is ki-ling the economy too.

this country is so sc--wed by greed and entitlement it is a joke.

the ceos who are bringing over the h1bs need to go live in their country and do it from over there.

50. L = Leisure Suit Larry?

We are always told that there are too many mouths to feed, but yet they are happy to spend a ton of money feeding one big mouth.

Ratty and Stinkey are two prime examples of how to leverage a company into a shell of itself and its employees while enriching themselves. Over a hundred thousand employees have now lost their jobs because of these two. 2019 there were 281,000 employees look were it is now after all the spin-offs and selling of assets that they lost billions on while their compensation only rose to higher levels and yet Ratty is still getting a million a year to be a consultant. Not many decades ago the BOD would have fired them.

That must be the median because Stankey makes way more than 22 million. The elites are immoral and taking advantage of their positions for their own private gain.

The Russian Tsars found out the hard way how oppressing the workers, worked out. Read your history and find out what happens to the oppressors in the end. The Pendulum usually tries to find balance at the end.

The execs and their complicit Bod’s, stock funds at public company’s are out of control and decimating workforces for personal gain. Earning a fair compensation package for the CEO’s used to be good enough and most used to really lead, cared and looked out for the company and its employees. Now employees are just seen as an expense to reduce anyway possible so long as the elite become enriched. Company innovation and growth have also been dramatically reduced for the same self-serving reasons. Eventually it will come to an end at the expense of millions of jobs and failing companies but the elite will already have their’s and float away on golden parachutes over the carnage.

Watch how quickly the company sycophants post a bunch more threads to push this one down the list.

Nice to finally see an article on something everyone already knew was happening, these pariahs are feasting on once great companies, offshoring and contracting out employees jobs just to raise stock prices and thus their compensation. The latest AT&T execs bold scheme is to have a 40 billion stock buyback to enrich themselves and funds like Blackrock. All while trying to sell everyone that it is better than paying down the 129 billion dollars debt because according to them, it’s manageable with low interest rates on the debt. What a crock and they actually think employees and people will buy it but then again they don’t care. Their is no one to be accountable too so they will continue to destroy once great companies to line their pockets then move on.