AT&T “headcount rationalization” and “benefit restructuring” - AT&T eyes billions in cost-cutting initiative
Mar 4, 2020
6 Comments
https://www.fiercewireless.com/financial/at-t-eyes-billions-cost-cutting-initiative?mkt_tok=eyJpIjoiTldWbVlqY3dNbUptTWpReCIsInQiOiJNcno5NmdNR3RtdEdXUkJFamFJNFZPSWRmVUU2MWw5WklxVWFodGhkNVlUTnV3djhaSUdBSlJOdlI0U3B0a0FZajVTNFRNcVwvcmttRFNhWG1wamZIZjZ3VWNXNkNIdG96TTArZDVFZElXQjNrZkFjSk9DZGZWYWhVQ3FVa2EwUWcifQ%3D%3D&mrkid=35796892
About a third of the categories each span short-, mid-, and long-term targets. Stankey said short-term opportunities within this year include “headcount rationalization” and “benefit restructuring” that’s already happening, though he noted “we have some additional work we can do in that area.”
Other near-term targets include third-party and supplier costs, and changes to call center structure.
AT&T eyes billions in cost-cutting initiative
comments
employees with bloated salaries and elevated positions? Someone with that judgement error is being groomed to take over the enterprise! How about the disastrous T-Mobile purchase deal? I have no fear for myself but my friends who have no credible alternative to working in this camp and are near retirement. Everything seems like a sinking ship, we need to stop throwing good talents over board and just sacrifice the “Jonah” in the ship as dinner for whale.