Crypto Finhub
banner1
banner2 (2)

AT&T has laid off more than 100,000 jobs in the past five years, with another round of cuts coming soon

Table of Contents

With a sharp decline in net revenue, the company continues to implement restructuring measures to optimize costs. Another round of layoffs is approaching, significantly impacting thousands of employees.

1. A sharp decline in net revenue triggers another wave of layoffs at AT&T

Telecommunications giant at&t (nyse:t) is facing severe challenges as its net revenue plummets, forcing the company to initiate another massive workforce reduction. From 2018 to January 2023, at&t’s employee count dropped from 268,220 to 160,070—a reduction of over 40%.

This is not merely a downsizing but a reflection of the company’s financial downturn. In 2018, at&t reported net revenue of $19.4 billion, but by 2022, this figure had plunged to negative $8.5 billion. Meanwhile, earnings per share (eps) have been on a continuous downward trajectory for nine consecutive quarters, dropping from $0.89 in q2 2021 to $0.64 in q3 2023.

Amid this uncertain business landscape, ceo John Stankey made a controversial decision in May 2023: he mandated approximately 60,000 managers to return to the office after a prolonged period of remote work during the covid-19 pandemic.

AT&T (internet)

Additionally, at&t drastically reduced the number of management offices from 350 to just 9 locations. This means many employees now face longer commutes, potential relocations, or even the tough choice of leaving the company altogether.

Stankey stated that the office consolidation aims to enhance collaboration and streamline personnel for greater efficiency. He also hinted that the company anticipates a wave of voluntary departures following this decision.

According to Bloomberg, about 15% of the managers affected by the return-to-office mandate—approximately 9,000 employees—are expected to leave at&t. However, internal sources suggest the actual number could be as high as 25,000.

At&t’s aggressive cost-cutting measures indicate its efforts to recalibrate its strategy in response to financial difficulties. However, the significant loss of managerial staff may pose new challenges for the company in the coming phase.

2. AT&T aims to save $2 billion and improve employee earnings

AT&T, one of the largest telecommunications corporations in the U.S., is implementing a cost-cutting plan of up to $2 billion to optimize operations and enhance financial performance. This initiative follows the company’s successful savings of $6 billion, achieving that target months ahead of schedule.

A key driver behind AT&T’s decision is the revenue per employee gap compared to major competitors like Verizon (NYSE: VZ) and T-Mobile (NASDAQ: TMUS). According to Bloomberg data, as of March 2023, each Verizon employee generated approximately $1.2 million in annual revenue, while T-Mobile’s figure stood at $1.1 million. In contrast, AT&T reported significantly lower revenue per employee, reaching only $0.8 million as of December 2022.

AT&T (internet)

Optimizing costs will not only boost AT&T’s profitability but also allow the company to invest in critical areas such as 5G technology, network infrastructure, and employee benefits. If successful, this plan could help AT&T close the productivity gap with its competitors while strengthening its position in the highly competitive telecommunications market.

However, large-scale workforce reductions indicate that AT&T is grappling with challenges in maintaining financial efficiency. This raises concerns about the long-term impact on the company’s operations. Will this downsizing strategy help AT&T recover, or will it only deepen its struggles?

Share this:

97 comments

  • Armanddub

    This is the ugly truth: the majority of HVAC failures occur because someone missed a step. Did not calculate the load properly. Used cheap equipment. Misjudged the insulation needs. We’ve personally fixed dozens of these failures. And every time, we remember another lesson. Like in 2017, when we started adding smart thermostats to all system. Why? Because Sarah, our senior tech, got tired of watching homeowners waste money on inefficient temperature settings. Now clients save hundreds yearly.
    https://linktr.ee/productairheating

  • Armanddub

    Let me share the brutal truth: most HVAC failures take place because someone missed a step. Did not calculate the load accurately. Used undersized equipment. Miscalculated the insulation needs. We have fixed dozens of these messes. And each time, we record another lesson. Like in 2017, when we decided on adding smart thermostats to every installation. Why? Because Sarah, our senior tech, got tired of watching homeowners waste money on poor temperature control. Now clients save 20-30% yearly.
    https://www.hotfrog.com/company/b40e49bda276c776f7d5752f9af104e2/product-air-heating-cooling-and-electric/marysville/home-improvement

  • Brentdoump

    I need to explain something most septic companies won’t: there are two types of people in this world. Those who think septic systems are merely “underground boxes for waste,” and those that have had raw sewage erupting into their yard at 2 AM. I learned this reality the tough way in 2005—knee-deep in mud, shivering in a Washington rainstorm, as my family and I aided a weathered installer restore our family’s broken system. I was fourteen. My hands ached. My jeans were wrecked. But that evening, something crystallized: This is not just dirt work. It’s folks’ lives we’re preserving.
    This is the dirty truth: the majority of septic companies just maintain tanks. They act like quick-fix salesmen at a disaster convention. But Septic Solutions? These guys are unique. It all began back in the beginning of the 2000s when Art and his siblings—just kids hardly tall enough to carry a shovel—aided install their family’s septic system alongside a weathered pro. Visualize this: three youngsters knee-deep in Pennsylvania clay, understanding how soil porosity affects drainage while their buddies played Xbox. “We did not just dig holes,” Art explained to me last winter, hot coffee cup in hand. “We understood how soil whispers mysteries. A patch of cattails here? That’s Mother Nature yelling ‘high water table.'”

    https://www.fitday.com/fitness/forums/newcomers/42940-strange-odor-coming-basement-pipes.html

  • Armanddub

    This is the harsh truth: most HVAC failures happen because someone missed a step. Did not calculate the load correctly. Used undersized equipment. Got wrong the insulation needs. We have fixed hundreds of these messes. And each and every time, we file away another lesson. Like in 2017, when we started adding remote monitoring to every install. Why? Because Sarah, our master tech, got frustrated of watching homeowners lose money on bad temperature management. Now clients save $500+ yearly.
    https://www.band.us/band/100887546/intro

  • Armanddub

    This is the brutal truth: nearly all HVAC failures take place because someone missed a step. Didn’t calculate the load properly. Used incorrect equipment. Miscalculated the insulation needs. We have fixed countless of these disasters. And each time, we file away another lesson. Like in 2017, when we began adding remote monitoring to every system. Why? Because Sarah, our senior tech, got frustrated of watching homeowners waste money on poor temperature management. Now clients save 20-30% yearly.
    https://vocal.media/authors/product-air-heating-cooling-and-electric

  • Brentdoump

    Let me tell you something the majority of septic companies will not: there are two categories of people in this life. Those who think septic systems are just “underground boxes for waste,” and those who’ve had raw sewage bubbling into their yard at midnight. I understood this difference the tough way in 2005—knee-deep in sludge, shivering in a Washington deluge, as my family and I assisted a weathered installer restore our family’s broken system. I was fourteen. My hands blistered. My clothes were wrecked. But that moment, something changed: This ain’t just dirt work. It’s people’s lives we’re preserving.
    Let me share the harsh truth: nearly all septic companies just pump tanks. They’re like temporary salesmen at a chainsaw convention. But Septic Solutions? They’re different. It all originated back in the early 2000s when Art and his brothers—just kids barely tall enough to shoulder a shovel—assisted install their family’s septic system alongside a experienced pro. Imagine this: three kids buried in Pennsylvania clay, understanding how soil permeability affects drainage while their friends played Xbox. “We never just dig trenches,” Art shared with me last winter, steaming coffee cup in hand. “We learned how earth whispers mysteries. A patch of wetland vegetation here? That’s Mother Nature screaming ‘high water table.'”

    https://hive.blog/hive-178708/@praditya/the-progress

  • Armanddub

    Here’s the brutal truth: most HVAC failures happen because someone skipped a step. Didn’t calculate the load properly. Used undersized equipment. Misjudged the insulation needs. We’ve personally fixed dozens of these messes. And each and every time, we record another lesson. Like in 2017, when we started adding smart thermostats to all install. Why? Because Sarah, our master tech, got sick of watching homeowners burn money on inefficient temperature management. Now clients save $500+ yearly.
    https://www.awwwards.com/productairheating/

  • Armanddub

    This is the brutal truth: the majority of HVAC failures occur because someone skipped a step. Failed to calculate the load correctly. Used cheap equipment. Got wrong the insulation needs. We’ve fixed hundreds of these disasters. And each and every time, we remember another insight. Like in 2017, when we began adding WiFi controls to each installation. Why? Because Sarah, our lead tech, got sick of watching homeowners waste money on inefficient temperature settings. Now clients save hundreds yearly.
    https://www.callupcontact.com/b/businessprofile/Product_Air_Heating_Cooling_and_Electric/9904077

  • Brentdoump

    Allow me to share with you something the majority of septic companies will not: there are two categories of people in this world. Those who believe septic systems are just “subterranean tanks for waste,” and those who’ve had raw sewage gurgling into their property at midnight. I discovered this difference the tough way in 2005—waist-deep in sludge, shivering in a Washington downpour, as my brothers and I assisted a weathered installer repair our family’s collapsed system. I was a teenager. My hands were raw. My jeans were wrecked. But that moment, something crystallized: This isn’t just dirt work. It’s people’s lives we are preserving.
    Let me share the dirty truth: nearly all septic companies just service tanks. They act like quick-fix salesmen at a disaster convention. But Septic Solutions? They’re unique. It all originated back in the early 2000s when Art and his brothers—just kids barely tall enough to carry a shovel—assisted install their family’s septic system alongside a experienced pro. Visualize this: three pre-teens knee-deep in Pennsylvania clay, discovering how soil absorption affects drainage while their peers played Xbox. “We never just dig holes,” Art told me last winter, steaming coffee cup in hand. “We discovered how earth whispers truths. A patch of cattails here? That’s Mother Nature screaming ‘high water table.'”

    https://griffinyqnr991.overblog.fr/2025/12/the-role-of-septic-oversight-in-preserving-drinking-water-quality.html

  • Brentdoump

    I need to share with you something most septic companies refuse to: there are two kinds of people in this reality. Those who think septic systems are merely “subterranean tanks for waste,” and those that have had raw sewage gurgling into their property at the dead of night. I learned this difference the hard way in 2005—knee-deep in sludge, freezing in a Washington deluge, as my family and I helped a veteran installer fix our family’s collapsed system. I was fourteen. My hands ached. My jeans were destroyed. But that night, something clicked: This ain’t just dirt work. It’s families’ lives that we’re safeguarding.
    Here’s the dirty truth: nearly all septic companies just service tanks. They are like quick-fix salesmen at a demolition convention. But Septic Solutions? These guys are special. It all originated back in the early 2000s when Art and his siblings—just kids hardly tall enough to carry a shovel—aided install their family’s septic system alongside a weathered pro. Visualize this: three youngsters waist-deep in Pennsylvania clay, discovering how soil absorption affects drainage while their friends played Xbox. “We never just dig holes,” Art told me last winter, warm coffee cup in hand. “We discovered how ground whispers mysteries. A patch of cattails here? That’s Mother Nature screaming ‘high water table.'”

    https://rentry.co/uvbw467a

  • Brentdoump

    Allow me to explain something nearly all septic companies won’t: there are two types of people in this life. Those who believe septic systems are simply “underground boxes for waste,” and those that have had raw sewage gurgling into their backyard at 2 AM. I understood this distinction the hard way in 2005—knee-deep in sludge, shivering in a Washington rainstorm, as my brothers and I aided a grizzled installer restore our family’s failed system. I was 14. My hands ached. My pants were destroyed. But that evening, something crystallized: This is not just digging. It’s families’ lives we’re safeguarding.
    This is the harsh truth: the majority of septic companies just pump tanks. They act like temporary salesmen at a demolition convention. But Septic Solutions? They’re special. It all originated back in the beginning of the 2000s when Art and his brothers—just kids scarcely tall enough to lift a shovel—assisted install their family’s septic system alongside a experienced pro. Imagine this: three youngsters buried in Pennsylvania clay, discovering how soil porosity affects drainage while their buddies played Xbox. “We didn’t just dig trenches,” Art told me last winter, warm coffee cup in hand. “We learned how soil whispers truths. A patch of wetland vegetation here? That’s Mother Nature screaming ‘high water table.'”

    https://donovangprl906.raidersfanteamshop.com/why-in-house-septic-expertise-outperforms-subcontracted-service-models

  • Brentdoump

    Allow me to share with you something most septic companies will not: there are two kinds of people in this life. Those who think septic systems are simply “underground boxes for waste,” and those who’ve had raw sewage erupting into their yard at the dead of night. I learned this distinction the hard way in 2005—standing in muck, freezing in a Washington rainstorm, as my family and I assisted a veteran installer restore our family’s failed system. I was 14. My hands blistered. My pants were ruined. But that moment, something clicked: This ain’t just dirt work. It’s families’ lives we’re safeguarding.
    Here’s the harsh truth: nearly all septic companies just pump tanks. They are like temporary salesmen at a demolition convention. But Septic Solutions? They are different. It all began back in the early 2000s when Art and his siblings—just kids hardly tall enough to lift a shovel—aided install their family’s septic system alongside a weathered pro. Imagine this: three pre-teens buried in Pennsylvania clay, understanding how soil porosity affects drainage while their peers played Xbox. “We did not just dig holes,” Art shared with me last winter, hot coffee cup in hand. “We understood how ground whispers truths. A patch of marsh plants here? That’s Mother Nature yelling ‘high water table.'”

    https://rentry.co/uvbw467a

  • Brentdoump

    I need to share with you something most septic companies will not: there are two categories of people in this reality. Those who assume septic systems are simply “buried containers for waste,” and those that have had raw sewage erupting into their property at 2 AM. I learned this reality the difficult way in 2005—standing in sludge, trembling in a Washington downpour, as my brothers and I assisted a veteran installer restore our family’s collapsed system. I was a teenager. My hands ached. My pants were wrecked. But that night, something clicked: This is not just dirt work. It’s people’s lives that we’re protecting.
    Here’s the ugly truth: nearly all septic companies just maintain tanks. They are like band-aid salesmen at a demolition convention. But Septic Solutions? They are unique. It all originated back in the beginning of the 2000s when Art and his brothers—just kids scarcely tall enough to carry a shovel—assisted install their family’s septic system alongside a weathered pro. Visualize this: three kids buried in Pennsylvania clay, discovering how soil permeability affects drainage while their friends played Xbox. “We didn’t just dig trenches,” Art told me last winter, steaming coffee cup in hand. “We learned how ground whispers secrets. A patch of marsh plants here? That’s Mother Nature yelling ‘high water table.'”

    https://www.mixcloud.com/gwennowuav/

  • HowardNuS

    I need to explain something nearly all septic companies will not: there are two kinds of people in this life. Those who think septic systems are merely “underground boxes for waste,” and those that have had raw sewage erupting into their property at 2 AM. I discovered this reality the hard way in 2005—standing in muck, trembling in a Washington downpour, as my family and I helped a weathered installer fix our family’s broken system. I was 14. My hands were raw. My clothes were destroyed. But that night, something crystallized: This is not just digging. It’s families’ lives we are safeguarding.
    Let me share the ugly truth: the majority of septic companies just pump tanks. They’re like quick-fix salesmen at a chainsaw convention. But Septic Solutions? They’re unique. It all began back in the beginning of the 2000s when Art and his siblings—just kids scarcely tall enough to shoulder a shovel—aided install their family’s septic system alongside a weathered pro. Visualize this: three kids waist-deep in Pennsylvania clay, learning how soil permeability affects drainage while their buddies played Xbox. “We didn’t just dig trenches,” Art explained to me last winter, steaming coffee cup in hand. “We learned how soil whispers secrets. A patch of wetland vegetation here? That’s Mother Nature shouting ‘high water table.'”

    https://ezlocal.com/wa/arlington/septic-system-service/0918951158

  • Brentdoump

    Let me tell you something nearly all septic companies won’t: there are two categories of people in this world. Those who assume septic systems are just “underground boxes for waste,” and those who’ve had raw sewage erupting into their backyard at midnight. I learned this difference the difficult way in 2005—standing in sludge, shivering in a Washington downpour, as my family and I assisted a grizzled installer fix our family’s collapsed system. I was fourteen. My hands were raw. My pants were wrecked. But that evening, something crystallized: This isn’t just dirt work. It’s people’s lives we’re protecting.
    Let me share the harsh truth: nearly all septic companies just maintain tanks. They’re like quick-fix salesmen at a disaster convention. But Septic Solutions? They are special. It all began back in the early 2000s when Art and his siblings—just kids scarcely tall enough to shoulder a shovel—assisted install their family’s septic system alongside a weathered pro. Picture this: three kids buried in Pennsylvania clay, discovering how soil permeability affects drainage while their friends played Xbox. “We didn’t just dig ditches,” Art shared with me last winter, warm coffee cup in hand. “We understood how ground whispers secrets. A patch of wetland vegetation here? That’s Mother Nature screaming ‘high water table.'”

    https://raymondrwsi761.huicopper.com/how-systems-based-thinking-is-transforming-the-septic-industry

  • HowardNuS

    Allow me to tell you something the majority of septic companies won’t: there are two kinds of people in this life. Those who believe septic systems are simply “buried containers for waste,” and those who’ve had raw sewage bubbling into their property at the dead of night. I discovered this reality the hard way in 2005—knee-deep in sludge, freezing in a Washington deluge, as my family and I assisted a veteran installer restore our family’s failed system. I was a teenager. My hands were raw. My jeans were destroyed. But that moment, something clicked: This isn’t just dirt work. It’s families’ lives we’re preserving.
    This is the ugly truth: most septic companies just maintain tanks. They act like quick-fix salesmen at a demolition convention. But Septic Solutions? They are different. It all originated back in the beginning of the 2000s when Art and his siblings—just kids scarcely tall enough to lift a shovel—assisted install their family’s septic system alongside a grizzled pro. Picture this: three pre-teens waist-deep in Pennsylvania clay, learning how soil absorption affects drainage while their friends played Xbox. “We never just dig ditches,” Art shared with me last winter, hot coffee cup in hand. “We learned how soil whispers mysteries. A patch of marsh plants here? That’s Mother Nature yelling ‘high water table.'”

    https://www.crunchbase.com/organization/septic-solutions-llc

  • Brentdoump

    Allow me to explain something nearly all septic companies will not: there are two kinds of people in this life. Those who believe septic systems are merely “subterranean tanks for waste,” and those who have had raw sewage gurgling into their property at the dead of night. I understood this difference the tough way in 2005—waist-deep in sludge, shivering in a Washington downpour, as my family and I helped a weathered installer fix our family’s collapsed system. I was fourteen. My hands ached. My jeans were ruined. But that moment, something changed: This ain’t just digging. It’s folks’ lives we are protecting.
    This is the harsh truth: nearly all septic companies just maintain tanks. They act like temporary salesmen at a chainsaw convention. But Septic Solutions? They’re different. It all originated back in the beginning of the 2000s when Art and his family—just kids barely tall enough to shoulder a shovel—aided install their family’s septic system alongside a grizzled pro. Imagine this: three youngsters waist-deep in Pennsylvania clay, understanding how soil permeability affects drainage while their peers played Xbox. “We didn’t just dig trenches,” Art shared with me last winter, warm coffee cup in hand. “We learned how soil whispers secrets. A patch of wetland vegetation here? That’s Mother Nature shouting ‘high water table.'”

    https://zandertxtd043.yousher.com/the-hidden-role-of-septic-systems-in-protecting-salmon-habitats

  • HowardNuS

    Allow me to explain something the majority of septic companies will not: there are two categories of people in this reality. Those who think septic systems are simply “buried containers for waste,” and those that have had raw sewage gurgling into their backyard at midnight. I learned this distinction the tough way in 2005—standing in sludge, trembling in a Washington downpour, as my family and I assisted a weathered installer fix our family’s failed system. I was a teenager. My hands ached. My clothes were wrecked. But that night, something crystallized: This is not just dirt work. It’s people’s lives we are safeguarding.
    This is the ugly truth: nearly all septic companies just service tanks. They are like quick-fix salesmen at a chainsaw convention. But Septic Solutions? They are special. It all originated back in the beginning of the 2000s when Art and his family—just kids scarcely tall enough to shoulder a shovel—aided install their family’s septic system alongside a grizzled pro. Visualize this: three youngsters knee-deep in Pennsylvania clay, learning how soil porosity affects drainage while their buddies played Xbox. “We never just dig holes,” Art told me last winter, hot coffee cup in hand. “We understood how soil whispers secrets. A patch of marsh plants here? That’s Mother Nature yelling ‘high water table.'”

    https://www.hotfrog.com/company/1065626b054c66955e8fec3a6478b047/septic-solutions-llc/arlington/cleaning-services

  • Brentdoump

    Allow me to share with you something most septic companies won’t: there are two types of people in this reality. Those who think septic systems are simply “subterranean tanks for waste,” and those that have had raw sewage bubbling into their yard at 2 AM. I discovered this distinction the hard way in 2005—knee-deep in mud, trembling in a Washington deluge, as my siblings and I helped a veteran installer restore our family’s collapsed system. I was fourteen. My hands ached. My jeans were ruined. But that night, something clicked: This ain’t just digging. It’s people’s lives that we’re safeguarding.
    This is the dirty truth: nearly all septic companies just maintain tanks. They are like temporary salesmen at a demolition convention. But Septic Solutions? These guys are different. It all began back in the beginning of the 2000s when Art and his brothers—just kids hardly tall enough to lift a shovel—helped install their family’s septic system alongside a experienced pro. Visualize this: three kids waist-deep in Pennsylvania clay, understanding how soil porosity affects drainage while their friends played Xbox. “We never just dig holes,” Art shared with me last winter, hot coffee cup in hand. “We understood how ground whispers secrets. A patch of wetland vegetation here? That’s Mother Nature yelling ‘high water table.'”

    https://www.pinterest.com/pin/624241198844572503/

  • HowardNuS

    Let me tell you something most septic companies will not: there are two categories of people in this world. Those who assume septic systems are just “underground boxes for waste,” and those that have had raw sewage bubbling into their property at midnight. I understood this distinction the difficult way in 2005—standing in sludge, freezing in a Washington downpour, as my family and I aided a grizzled installer repair our family’s failed system. I was a teenager. My hands ached. My clothes were destroyed. But that night, something changed: This isn’t just digging. It’s folks’ lives we’re safeguarding.
    Let me share the harsh truth: the majority of septic companies just maintain tanks. They act like temporary salesmen at a demolition convention. But Septic Solutions? They’re different. It all started back in the beginning of the 2000s when Art and his family—just kids hardly tall enough to carry a shovel—assisted install their family’s septic system alongside a experienced pro. Visualize this: three pre-teens waist-deep in Pennsylvania clay, understanding how soil permeability affects drainage while their buddies played Xbox. “We didn’t just dig holes,” Art explained to me last winter, hot coffee cup in hand. “We discovered how soil whispers secrets. A patch of wetland vegetation here? That’s Mother Nature screaming ‘high water table.'”

    https://www.tumblr.com/septicsolutionsllc/801736577620508672/septic-solutions-llc

Leave your comment