just found out from a very trustworthy source that this layoff will be almost 40,000 people will be end of the day Friday. said its a huge deal and will make national news. AT&T already has a press release for it
big scale.
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This cut is just for managers at this time. The severance is based on years of service max at 50%.
Nothing happened Friday because they were still getting volunteers. Level 3s are in Dallas this week. Announcements the following week.
Nothing happened Friday.
As a DTV employee, AT&T calls anyone not on the phone a "manager." So, I certainly believe that they can axe 40K "managers." And the DTV folks are really getting screwed here. It is what it is when you have a company this big that doesn't really care about the customer as it claims because it is obvious that they don't care about their own workers. Outsourcing vendor sites have next to now quality oversight, and AT&T doesn't appear to care. What a shame. DTV was an amazing company to work for that really treated it's folks right.
So, if no announcement today, it will be good news....that's another day on payroll!
Be ready to be stressed every quarter or so until 2020 and welcome to the new normal.
They should stop the madness. They are actually stressing out everyone. The agents are even feeling the stress. Just stop the madness. If your going to do it. Do it. I am so ready to hear yes or no already.
They should start at the top with Randall Scrooge Stephenson. That would save the company 20 million right there
So much outsouring to save money would be stupid to think CSR's are safe. Sources say July for CSR's. After all 40,000 cant be just managers.
I volunteered. Wonder how many volunteers they will receive and if we will have to wait 2 weeks to find out if our wishes have been granted.
the talk about EG isn't call center reps presently. this is manager based. will reps be next? i guess it's possible but someone has to take the calls.
Your saying the EG group (mobility, tv, some uverse) well service reps sell and provide customer care to all these products.. Are you saying service reps too may be effected? Also the whole volunteer thing .. We used to get the email of VSB (voluntary separation of benefits) at the end of the year around sept/oct which we did last year via email.. Then just 2 weeks ago we got the same form. Conscience?
It's a great offer based on years worked x weeks of pay etc.. So if you want to be done and explore other ventures I hope you sent it in!
If they don't take my volunteer....cock n balls
Congrats to you volunteer-2phw. I hope that they allow it. It would be a real kick in the balls to make that decision then have them come back and say you're not going to be included.
Lots of managers on "suicide watch"; we'll see!
I volunteered, I'm excited for the next chapter and I think that the people that get to stay at the company will also be in good hands. The re-org is needed, there will be opportunities that you would not have had before open up. It will be good for the people that get to stay.
Curious to see if everybody who 'volunteers' gets to leave.
Mobility is under EG umbrella so it could effect them as well. CWA is paid by AT&T to look the other way so AT&T can do what it wants.
I don't personally know 40k useless managers, but they are there...... somewhere
Wait! 40,000 people to cut? 40-50% of EG cut? If it's really going to be that deep then why on earth would they bother with a survey that might net them 1000 people who would probably get the axe anyway?
Smells like BS to me! So it's one or the other. Massive layoffs that and they don't care about volunteers or they want volunteers because they are not going to cut that deep.
40,000 people has got to trigger a WARN of some kind.
There's a previous post that says 40-50% cut just EG
Not sure where you guys are getting your numbers from. There are ~258,000 employees in the entire company. EG makes up only ~74,500. Given that, I find it hard to believe 40,000 EG folks are getting let go in one cut.
These layoffs aren't just about mpp ratings. I wish people would stop posting that.!the selection is often very gray. I know people including myself m surplused with exceeds and fully meets for 8 years and 5 different Mgrs. If your job seems redundant (ur possibly on the list), if ur workflow has diminished because of outgoing tech (your face possibly on the list), if your a top performer and you've pissed ur director off ..... So on and so forth.
Bargained employees make up a large amount of the 235k. This surplus does not include them. 40k is based on total bargained and nonbargained. Numbers need to be based off mgmt numbers only.
This is happening. Sources are saying its 15-17% of the total workforce. So, with approximately 235K employees in EG a surplus of 40K is about right. Severance information can be found online. #of years by NSC DATE will give you the percentage payout. 10 years = 40% of your yearly salary. 11 years = 44% and so on. Dental and vision coverage ends on your last day while medical coverage is extended through cobra. If you haven't garnered a good rating the last two consecutive years in a row be ready for the possibility that you will no longer have a job at AT&T (but let's face it, come 2020 most of us won't anyhow even if we survive this). It's time for backup plans people. This is not the end all- but be prepared. These percentages and numbers haven't been pulled from the sky. The ones on the thread thinking this isn't serious, will be the first ones back here when they get their notice. Best of luck to everyone. Only 2.5 more weeks of waiting.....
Affected positions on the ATTR mobility side are ARSM and DOS.
Every time I see"this is bs" type of comments.. I remember that titanic story (true btw)...where the band kept playing while people were leaving (or not). Perspective is a blessing or a curse. So is denial I guess too...
Not clear if A or B
A:Severance = 26 weeks base pay + 1 week of pay for every year
Or
B:Severance = 0 weeks base pay + 1 week of pay for every year
To the person saying "this is all bullshit". Keep chugging that kool-aid as the lights of the freight train bear down on you!
60 days on the payroll. Cobra coverage after your 60 days. 6 mo. of service. All remaining PTO hours are paid. Severance = 1 week of pay for every 1 year with the org. Max number of weeks is 26. Outplacement service for 3 months to help you in the transition. Eligible for unemployment insurance. Your severance gets cut by 40% after taxes in CA.
I was laid off recently from the EG group. This is what was offered. 60 days on the payroll. Cobra coverage after your 60 days. 6 mo. of service. All remaining PTO hours are paid. Severance = 26 weeks base pay + 1 week of pay for every year with the org. Outplacement service for 3 months to help you in the transition. Eligible for unemployment insurance. Your severance gets cut by 40% after taxes in CA. Almost forgot, if you find another position within T after your severance was issued and within a few weeks, you have to pay back the remaining severance amount that was not spent. I'm not sure how they would come up with a figure?
This is all bullshit.. you just do not lay off 40000 managers at once. Nice try whoever started this
What positions on the COR mobility side is it affecting?
That ole school Gordon gekko move is about to backfire on Randy and Friends. The veil is lifting. And customers and faithful employees are about to see what's really under the hood.
AT&T stocks soon to be on life support! You can only trim so much fat and outsourcing will prove costly in the long run. T management shat the bed BIGTIME!
Trim the Fat
These are management non union jobs ....but let's not overlook the connection here. The delay as noted below is strategic. What happens if att's cwa decides they no longer want to work without a contract. What happens to the contingency plan and those affected mgt employees who have been training for months. The longer the delay, the less likely it is for all the stars to line up. I suppose the surplus could be recalled....but I believe executive leadership is playing a but of chess. Too bad they can't use that energy to innovate and come up with amazing revenue streams.
what is being discussed here as of late is management. union jobs are a separate process. severance amount depends on your NCS date. If you're a manager just search one stop for the severance plan or package information.
this is for entertainment group- Lauries division. not sure on union vs non union. severance is pretty good., depends on your level and years with company
like i said earlier, the HR lady on our call said this is massive and all across the EG. said it will be in the thousands. ive heard anywhere from 20-40,000 people total will be let go.
those people will be told sometime between now and end of may and when they are told they will have 60 days to find another job within AT&T, and then AFTER that 60 day period if they have yet to find anything, then the severance will kick in.
union or management, or both?