Thread regarding AT&T layoffs

I highly doubt business leaders on the executive level monitor this post. A long time ago in the mid 1990's as a boy. I and my mom were bumped to first class on a delta trip due to some travel complications on Delta's behalf.

It was quite a memorable experience for me. I'd say I was about 10. Very impressionable and full of personality. Anywho, I met two AT&T executives. My mother excused me for my intrusion. But the two kept engaging in conversation with me. Asking me questions and finally what I wanted to be someday.. I told them I didn't know. But I liked computers and had an ATT computer at home (ATT globalist PC) ....

Fast forward to 2007, I get hired to work for COR after earning some stripes in indirect. Worked for 10 years. Switched seats on the bus multiple times. By the time I was laid off in March I had been working towards completing my CCNA. I find it rather Ironic that the company paying my tuition reimbursement in order for me to get my CCNA also wanted to lay me off to retool for their 2020 workforce.

The two executives on the plane were adorable. However, they weren't any example of the monsters I'd eventually meet. There are some nasty leaders within the ranks at AT&T. Is surprising that for a company that prides itself on its values etc there are so many backstabbing credit taking individuals.

Shame, one of the oldest United States For Profit companies doing the dirty to United States Laborers.

Go ahead buy it up, put all your retirement money in to T stock and trust that your hero Randy will provide.

6igf, go ahead and do that then report back to tell us how that worked out for you one year from today.

Time to buy it up. Opportunity to make some money now that T is in the doorstep of acquiring the best content in the world.

T stock, 1 year change, -10.89%.

OvaPJER-4oua, it's you're, not your, wasted, not waisted, and I'll, not ill. Who is ignorant? Good grief, if you're going to attack someone's intelligence, at least attempt to show that you have a tiny amount of your own.

your ignorance is less to be desired, perhaps you saw the 2nd quater numbers and noticed how ignorant you are, or perhaps your a sprint employee or perhaps comcast and are wishing, unsure why i even waisted my time commenting ill exit.

what is the purpose for AT&T's existence?

87 Billion in profit last year.

Good luck with that, OvaPJER-2wba

5G - Business/Public Safety Solutions - Advertising - OTT Entertainment Anywhere - Connected Car - Smart Cities just to a name a few things for AT&T's future existence. The Real question is "what is Verizon, Tmobile and sprints purpose for existence. Bad Idea selling your stock. Once Time Warner deal closes the stock will dramatically increase.

@OvaPJER-ymu, that seems to be the best explanation I've heard for AT&T's existence. I don't believe it is a very good long term plan, but the folks in charge will bail, taking their golden parachutes with them, leaving their employees and stockholders holding the bag.

And to the troll who pointed out how much I "lost" since I sold my T stock at the first of the year, you are wrong. I sold at a nice profit, reinvested it in a different company that has increased in value as well. My advisor told me at the first of the year that his firm was becoming concerned about the direction AT&T seemed to be taking. A little advice to you, the way to make money in the stock market is to sell when the stock is up, not wait until it starts dropping. You got that tip for free!

Ask an insightful question and the trolls swarm to confuse and distract.

It is almost like a yelp rating, the more trolls you get, the better the question was.

TO OvaPJER-qau: If a profit is made when selling shares it is not a mistake to sell them, especially if you think the officers of the company are playing games and the company's inept and misguided management will cause deterioration of the stock price in the future. Dividends are only good if they are higher than a decline in share price (capital appreciation).

The CWA will save our jobs as soon as they finish their hotdogs and chips--just keep paying your dues!!!

"LMAO!!! Upper management monitors this board, and you know this by not working there??

I think this guy made the OP's point perfectly. Obviously this guy is one of those monitoring.

"LMAO!!! Upper management monitors this board, and you know this by not working there??

What type of stupid advisor do you have???? You may hate AT&T but offing their stock was stupid he already cost you this year big time. DIVIDENDS have always been heaven from AT&T.

Holy cow the people who post on the layoff are so ridiculous.

Did I say that I NEVER worked there? No, I said that I didn't work there now. Who is ridiculous?

LMAO!!! Upper management monitors this board, and you know this by not working there??

What type of stupid advisor do you have???? You may hate AT&T but offing their stock was stupid he already cost you this year big time. DIVIDENDS have always been heaven from AT&T.

Holy cow the people who post on the layoff are so ridiculous.

To me, the strategy is clearly making money on advertising by leveraging customer data. Our actual products are just the means to mine this data. I've worked on some of the systems that intercept all the web traffic on the cellular network which can analyze what you are doing down to the individual customer level. This behavioral data is very valuable.

So, yeah, we are trying to out-Google Google, and it is a huge mistake. This is where outsourcing all our computing resources will bite us. We have to pay a vendor for resources to model and analyze the data at any useful scale. We have to deal with the bureaucratic inter-corporate process of moving sensitive data in and out of our network, and the breaches/lawsuits that come as a result. We also have to pay a fleet of amateur "Data Scientists" with their nanodegrees to build algorithms to compete with 20 years of Google special sauce.

Google's infrastructure is all in house, they don't even buy servers. They assemble all their stuff from commodity parts for a fraction of what we will even pay Oracle for their sh--ty cloud. They have more compute and data in the tip of their pinky than we will ever have. They can mine more data at a lower cost than us, which means the folks who want to buy the data will get a better deal from Google.

Clearly AT there is no mention of corporations or other such entities in the constitution. The corporation must not enjoy the protection of the Bill of Rights. In a true democracy, yet they are protected by the government, in which the only loser would be the american worker.

They are closer to a hedge fund than a viable telecommunications company. Randy and the board are constructing a shell company that buys other businesses as part of a short term strategy to maximize profits.

Whats missing is an interest in running a competitive business successfully in the long term, they are not building anything, they are completely focused on short term massive payouts to themselves in the form of stock options and bonuses.

They lie to the stockholders, the government and the customers to cover up this scheme.