Whats At&t doing

[cardboard60]

rcrwireless.com
http://www.rcrwireless.com/20200617/carriers/att-plans-to-lay-off-4700-people-close-250-stores

 

[Bla1ze]

Can't say I'm surprised. Lots of places are going to have to re-evaluate their needs and costs post-COVID-19. Seems pretty self-explanatory.

“These actions align with our focus on growth areas along with lower customer demand for some legacy products and the economic impact and changed customer behaviors resulting from the COVID-19 pandemic,” an AT&T spokesperson said in a statement to RCR Wireless News. “As a result, there will be targeted, but sizable reductions in our workforce across executives, managers and union-represented employees, consistent with our previously announced transformation initiative. Additionally, we’ll be eliminating more non-payroll workers — the vast majority of which are outside the United States — than we are managers or union-represented employees. Reducing our workforce is a difficult decision that we don’t take lightly. For employees who are leaving as part of these changes, we’re offering severance pay and company-provided healthcare coverage for up to six months for eligible employees.”

 

[mustang7757]

I agree

 

[me just saying]

the real question is, how much of the layoffs is because of the virus or the massive debt they have because of all the big purchases they have been making.