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Comments (2)
I've noticed the same thing. It's frustrating to hear 'cost cutting' when the company is still financially healthy. It feels like a deliberate strategy to maximize shareholder value at the expense of loyal employees. The morale hit is significant when people see their friends and colleagues losing jobs under such pretenses. Makes you wonder about the long-term vision beyond just quarterly results.
Totally agree. The 'efficiency' talk rings hollow when it leads to layoffs. If profits are there, why the continuous downsizing? It seems more about shifting resources to areas that offer lower labor costs, which is a common trend but doesn't make it any easier for the people directly affected. It's a tough environment to be in right now if you're an AT&T employee.