When The Checks Stop Coming In
Posted by Bossip Staff
AT&T announced they are cutting 12,000 jobs today:
AT&T said Thursday it is cutting 12,000 jobs, or about 4 percent of its work force, because of the economic downturn.
AT&T, the Dallas-based telecommunications company, said its job cuts will take place in December and throughout 2009. The company also cited a changing business mix and a more streamlined structure as other reasons for the layoffs.
AT&T plans to take a charge of about $600 million in the fourth quarter to pay for severance costs
SMH. Jesus Take The Wheel. You know crime is about to start picking up. That nicca Bush, Wallstreet, and The Republicans need to be put on trial for this sh*t.
Hit up the Bossip Forum economy section to discuss the recession, how to find employment, or keep your job.
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And I would tell his *****: Hey man, I got the money, but just dont wanna give yo broke ***** *****.. Hey at least I’m not bull*****ting you.
Times are tough!!!!!!!
Sorry to all the folks that lost their jobs, my heart goes out to you all!!!
~Love, Sweets
well companies are bull*****tig us! They always take advantage of a criis like that to cut jobs even when they are not actually loosing money! They just wanna reensure the stockholders! I hate Capitalism!
Damn even here in france, the goverment is going to give something like 27 billions of euros to help companies! That ******in crisis is hittin europe now! Thanks to U!!
lol just kiddin (almost)
LMAO at the picture…Bossip you crazy.
I’m going to make a sign like that right now…
At Valenne, your grip on economics is truly weak. Companies pay out more money upfront when they pay out severance packages and continue health coverage. Basic lesson for you- employees who still work for the company are paying into company stock and paying for the benefits. Severance packages/early retirement payouts mean that the company is most DEFINITELY loosing money in lump sums immediately. And if you check the AT&T Stock portfolio it is MORE THAN OBVIOUS that the stockholders are in no way re*****ured.
Please study economics, stocks and capital funding before you attempt to make comments on such subjects.
I work for AT&T, own AT&T stock but above and beyond all that I know Business and Economics.
@jjj / Proud Jamaican
heeeeeeeeeeeeeeeeeey. *wink wink*
LOL@ NINA K
Hey id throw him a coupla bills…atleast he’s honest…get it how ya live shawtie.
@Valenne
I mean no harm here, but your comments are always off some how some way…”TRUER WORDS HAVE BEEN SPOKEN…” makes an excellent poitn.
*point*
@ nina knows
lmao…..realtalk
STFU Bossip, there you go again wit your BS propaganda…Im no Bush supporter but the economic downturn is not that idiots fault. Read Silent Weapons for Quiet Wars people, the powers that be got this ***** down to a science..Bush is just a puppet so is Obama, The band shall play on for a one world government…..
@ Valenne, That was education for you and not trying to start an argument but bottom line, if you know better then part of knowing means helping others who don’t.
@ RE, Thanks for co-signing and understanding where I am coming from.
Please take a moment to pray for our country, our President Elect and pray for the families affected by this recession.
My neighbor just told me yesterday that she’s been laid off from Chevy Chase Bank, and she’s worked there for 9 years…
Hard time
Yeah, hit up the Bossip forum if you want to keep your job. Because that’s what employers are looking for when they do their cuts, who spent the most time chatting on blog forums.
@Re
hahahahahaha… the irony, your friend used to wrk for them? Im still holding on myself
IF ANYBODY WANNA MAKE SOME EXTRA MONEY FOR THE HOLIDAYS THERES A WEBSITE THAT PAYS YOU $0.20-$1.25 OR MORE TO FILL OUT SURVEYS ONLINE. IT’S FREE TO JOIN AND TAKE ABOUT 5 MINUTES TO COMPLETE EACH SURVEY!!! IF YOU WANNA SIGN UP JUST PUT CASHCRATE.COM/887940 IN YOUR URL ADDRESS BOX AT THE TOP OF YOUR SCREEN!!!!!!!!
while I do feel for these people who have lost their jobs, I can’t help but LMAO at the sign this dude is holding cuz I done seen dis ***** 4real 4real
HAHA REDD’s in the mood to give it to suckas today, ive lost my ferver to tell the truth to idiots because i surely thought it but wasnt gonna go there today….as usual
@Truer Words Have Never Been Spoken…
Lol, we have these debates with my family all the time. Apparently they believe they have all the simple easy answers to the economic woes of this country.
@Redd Tony aka Earth Sign
LOL, you work for them? Maybe your Branch is doing better than hers…if not, dig your claws in and never let go…even if they try pulling you out!
IF ANYBODY WANNA MAKE SOME EXTRA MONEY FOR THE HOLIDAYS THERES A WEBSITE THAT PAYS YOU $0.20-$1.25 OR MORE TO FILL OUT SURVEYS ONLINE.
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How insulting.
@ truer words! thanks for schooling me but actually, i was not talking about AT&T in particular. I know for a fact that the promises made to stockholders are one of the main factors that influence the decision that are taken regarding employement, investment or desinvestment etc…
Redd… you got a lil crunk this morning! Tell em’ but they aint ready… as usual, lol
Purpple.. yhea i didnt go there either, thats why i just commented on “ol grady” up there and his sign. But I hate to these false facts as well, that ***** will make you jump in a bit!
Times is hard…Might as well keep it real…
I’d tell him to click on LoanUntilFriday.com!
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I got some solutions for yall ***** for the ecomonic downturn….
No presents this year for you or the kiddies, that aint what Christmas is about anyway
Live below your means period, if you dont *****in need it dont buy it…even if it means cuttin yo cable off (i know ***** its painful)
Bring ya lunch to work, and stop eating out, you can buy a load of food for $30.00 to last yo ***** about a week or more…
Pay cash stay away from the debit or credit cards, bank is setting yall *****ess up for fees and interest…
Just a few…Ill be back with more
What up Purpple!
@Re
Ill try but we just got bought…SMH
What up Nina!
Rawr
IF ANYBODY WANNA MAKE SOME EXTRA MONEY FOR THE HOLIDAYS THERES A WEBSITE THAT PAYS YOU $0.20-$1.25 OR MORE TO FILL OUT SURVEYS ONLINE.
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How insulting.
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DEAD!
He was PAID to carry that.
This economy has a whole lot of people down on their luck. Some people have even taken the drastic measures of taking out their whole families lives in fear of them feeling the pressure at well.
Although the man with his sign is funny – the situation is not. For those of us who are lucky to still have jobs – pray that you’re able to hhold on to it. For those of you who are lucky enough to have your own business – pray that you’re able to keep your business going.
For those who just don’t have a care in the world what-so-ever, you BETTER humble yourselves. Remember, God hates BRAGGARDS!!
@Valenne, Please be open to education. If you knew for a fact your statements would be more factual. Promises made to stockholders do not mean jack, it is ILLEGAL to make promises to stockholders that is called Insider Trading. Companies provide a proposal and guess what, a propsal doesn’t mean jack when the GLOBAL economy is collapsing. I was talking about the economy in the USA and EVERYWHERE else as a whole and not just AT&T. If you do not know that AT&T is one of the most GLOBALLY DIVERSE companys on EARTH then you are definitely not up to replying to my comments. Bottom line when companies such as AT&T, Johnson and Johnson, The Hearst Media Empire and the other WALL STREET GIANTS along with the JAPANESE ECONOMY are suffering losses for 2 economic quarters straight and stocks dip every other hour then it is time to get educated and stop relying on what you think you know about business.
Valenne you are out of your league and I am letting you off easy by not even discussing the Treasury Department, the mortgage and the banking crisis.
NINA yes you automatically want to correct that falseness but im tired…..
What up REDD, give it to em
and BTW
NOTHING bothers me more than hearing my friends and cousins(women) buying all these toys for their kids and then being broke afterward…especially for the babies that will barely remember and the reason it comes down too is “my parents did it for me” so i just have nothing else to say to that mess…my cousin want me to buy my lil cousins toys, yeah right …they are lucky they getting anything because i dont celebrate but ill pick up some clothes and educational things because i know her money is tight and they celebrate but…….
NINA i forgot my LMAO@ole Grady!
@purpple… yhea dont he look like that’s what his nickname would be! Girl I am the Queen of sub-names, I have a second name for every damn thing. lol
and yes to get caught up in buying toys is bull*****. you are soooo right, I see people go all out for babies that are 1yrs old, what the ***** for. a 1yr old wont remember your *****, if you left, let alone a damn toy… smh
Hey Truer words….
My hubby also works for AT&T and he was told that a lot of the workers that were laid off were c.s.r. and temps…Is that true???
OMG @ pic….That guy is sooo real!!! I met him in Times Square last year and took a pic wit him! He is so funny. He was tellin us jokes like, “I can tell yall not from NY cuz yall got yall own hair! I hate these NY bytches wit all that weave!”
and then he was like, “What’s the best thing about dating a homeless chick?……….You drop that bytch off anywhere!!!”
He was sooo funny…and he really is homeless, but he was scaring all the white folks into giving him money! He made the white folks pay for pics with him! Hey, everybody gotta have a hustle!!
@ Truer Words
I agree… there are NO words to express the economic chaos that is being felt GLOBALLY. And the trickle-down-affect is going to be even more ENORMOUSE before it’s all said and done.
That’s why I said this situation is nothing to laugh and brag about. Just because you might have two pennies more to rub together (figure of speach) than the next person doesn’t mean that your ***** is better off. All it means is you haven’t been affected by it yet. But in some way / shape / fashion / or form YOU WILL FEEL IT.
That’s why I say to humble yourselves. You never know when it’ll be YOUR ***** that will have to feel the crunch.
It’s not JUST the little people feeling this *****. IT’S EVERY DAMN BODY!!!
I meant “ENORMOUS” and “speech”.
NINA why the shyt only seem to make sense to a few people and other people are just oblivious like they are really doing something great for they child.
LMAO girl i got second names for days too!
@ Lacombe part of what ur hubby says is true but there are cuts in the middle management level also in certain divisions. Whole divisions are going to be affected and legally I can’t say more than that at this point.
@MissBlaze ur words are so true and it is obvious you have empathy for others.
@ Nina and Purp
Christmas is a BS helliday anyway. All these Christian celebrations have Pagan backgrounds. December 25th is Nimrod’s birthday, not Isa’s (Jesus). Some retail stores base their whole existence around this time of year…..especially the toy stores. Like brain dead zombies people flock to the stores to hand over their hard earned money (in some cases money they don’t have…..they call it “credit”) and then spend the next few months crying broke. All this and if you ask a bunch of grade school children what is the meaning of Christmas and I bet more than half will include santa claus in their answer (smh). Speaking of which:
PEOPLE: STOP FEEDING YOUR CHILDREN THIS SANTA CLAUS MYTH!!!! FIRST OFF, YOU SPEND ALL YEAR BUSTING YOUR ***** TO BUY GIFTS FOR YOUR LITTLE ONES AND THEN GIVE THE CREDIT TO SOME WHITE DUDE IN A RED SUIT? YOUR CHILDREN NEED TO KNOW THAT YOU WORK FOR WHAT YOU GET FROM THE BEGINNING AT AN EARLY AGE. MAYBE MORE IMPORTANTLY, LIFE IS FILLED WITH TOO MANY FAIRY TALES AS IT IS……DON’T FEED THEM ANY MORE. IT IS TOO HARD TO DISPELL THE EVERYDAY B.S. WITHOUT ADDING TO IT OURSELVES. STOP SUGAR COATING THE WORLD TO YOUR CHILDREN. IF YOU WANT TO PROTECT THEM TEACH THEM THE TRUTH!!!
Truer Words….
Thanx babe!I appreciate it!
In this nation the 5% wealthiest (the elite) own 95% of the wealth. The gap between the rich and the poor is the largest in the world and continues to grow (i.e. no more middle cl*****…..now it is the working poor). Do the math people. That means for every dollar, the elite own 95 cents and the other nickel is split up amongst us common folk. If you are not in that elite cl***** (this would include everyone here) then you WILL feel the effects of the economic crisis. Brace yourselves.
@ Illuminate Truth… My thoughts exactly! co-sign 100%.. When I have kids I will never pump that faux santa claus bull*****. Sitting up thinking a white man dropped his fat ***** from a fire place and brought you some *****. Keep it real with the kids, they have a valid childhood without the b.s.
I wish I would catch a kid of mind trying to leave some milk and cookies… lol
In My all-time Flavor Flav voice: Woooowwww!!!! Kudos to keeping it real.
thats why my black azz aint up in here all day because i damn sure dont want to be carrying no sign from being fired for blogging all day because i dont know no job that lets you do that and they can have folks who are work -aholics, like im out now my boss dont play that plus i got otns of work.. sauce family holla later hot suace i feel you sweet n soy sauce keep it up !
I can see $$ for Beer and drugs, but a hooker??? why would one want to spend their last on some beat up used puzzy, like just jack off thats free and easier. Geesh
Exactly Ill and NINA
My kids are going to be ruining all the other kids holidays telling them how their really aint no Santa and they need to get they mind right…lol i feel sorry for them other lil chillens now.
@ Nina
When my daughter was in kidnegarten she was pulled to the side by her teacher and told to stop telling the other children there was no such thing as santa claus. My daughter (who never got in trouble) felt bad about it and of course told me of the situation. I blasted that teacher for singling out my daughter for telling the TRUTH. If she didn’t want the truth bought up why are you sending pictures of some ficticous charachter for my daughter to color. Leave the fairy tale out of the equation. If you can’t teach the real meaning of Christmas (due to seperation of church and state) then just stick to reading, writing and mathematics. If you bring up a falsehood and p***** it off as education expect to be called out on your nonsense…..even if it is by a 5 year old.
thats so damn ignorant , what black people dont realize is that everybody knows that we we meaning black people especially BLACK MEN ARE GOING TO end up in jail which will provide people jobs as correctional officers . basically for you slow babies this ***** making us look crazy . times is hard no ***** but damn its like america know we gone be the first ones to ***** up . thats sad its like we went backwards even after obama got elected . this ***** was probabaly high when obama got elected . this ***** is sad . we cause ourselves to be stereotyped by doing this dumb ***** . this ***** ***** me off . he a grown ***** man bummin and expect to get sympathy cause he telling people what he gone do with the money like its gone make it better . thats sad how people fold under pressure .
O Hell to the naw that teacher didnt ILL!
Purp.. yhea they gonna make you home school yours..lol. Naw but I feel ya, I guess those lil *****ers gonna be sad, cause I’m not teaching my future kids ***** about Satan..oops I mean Santa!
Illuminate Truth.. Yhea I probably would caught a case that day. No the ***** didnt try to correct your daughter. They got enough fairy tales at disney land. You take your kid to school to learn facts, not fake bull*****.
je$$i… what he did was a JOKE. He’s homeless what you expect. there are plently of homeless white people with signs saying the EXACT same thing.
Now whats real is the bull***** in that article. There is NOTHING new about black men being locked up in alarming numbers or being poor. When the going gets really bad, we’ll all fall a bit, but some will adjust to the situation best they can. It’s the people who think their ***** dont stink and living above and beyond their means that is gonna catch hell.
“It’s the people who think their ***** dont stink and living above and beyond their means that is gonna catch hell.”
@ Nina
Exactly. This is why we have to be mindful of what we value. All the materialistic bull can be taken away at any time by any means. If you have placed too much value in the irrelevant, when you have lost it, the pain is immense. Take everything for what its worth and value what is real. If I give you a dollar and you give me a dollar neither of us has gained anything…..no value. If I give you knowledge, love, respect, comp*****ion, etc and you give me the same in return we have both gained without losing anything…..TRUE value. We need income for food, shelter and clothing…..everything else is gravy. Appreciate what you have but value what you can give.
Truerwords, I think I love you for destroying the clueless economic talk. Arrest the president for the economic downturn
Why does a website more suited to discussing rappers personal lives think they are qualified to talk economics/politics??
Illuminate … yhea I agree. But um with that knowledge, love, respect, and comp*****ion is it wrong for placing my weed habit in the mix. lol
okay that was a jokey joke, but naw I agree, if you notice that’s one thing other countries frown upon with americans. We waste stupids amounts of money on dumb ***** and throw away tons of food everyday. for example, I dont eat the “booty bread” you know the end/beginning of the loaf. I dont like that ***** on my sandwich, but another person would tear it up!… i know, it’s sad. lol
@ Nina
Share the weed? Puff, puff, p*****. You know the rule. We will both get lifted. Sounds valuable to me….LOL.
“Booty bread”……..never heard that before but your *****ogy is right on. One person’s garbage is another person’s meal. We are trained consumers and wasters so I guess we are all guilty of gluttonous habits.
Nina you be on point cause Home School is in question or maybe charter school….contemplating…
THAT PIC IS A TOTAL CL*****IC, BUT I WORKED FOR AT&T AND THEY PAY GOOD SO I FEEL SORRY FOR THOSE ABOUT TO LOSE THERE JOB AND START WORKIN FOR $7.00..SMH
Bush and his broad are moving to Dallas when they leave the whitehouse, I say somebody needs to egg their house daily with rotten eggs so when the sun hits it and that stinch hits all the world will no where to find the biggest rat of all times!
wow
Not a joke, this recession ish and of course black folks will get hid the hardest. We can do a few things to survive, rebound and flourish:
1) use creativity–our culture has more and then some. open your own gig, partner up with a relative, tighten up your resume, hell throw a rent party and charge. We did it during the Great Depression
2) Don’t snub your nose at the broke and homeless–shoot someone a quarter, a dime. Let the gods reward you tenfold for not being so motherf—— cheap cuz you lost your job
3) go back to school. no it’s not expensive. it’s an investment. one cl***** can be paid for at local community college with financial aid. just one cl***** gets yo ***** off the couch and mingling with working folk or at least thinking folk, not moping folk.
4) go to job fairs looking good!! might not get the job, but you might get a man/woman
5) gotta go–boss is coming!
times is hard but LMAO at that pic!
I am a current employee of AT&T, and while it’s fuccd up about the lay-offs, non-management employees must be tested and p***** certain tests. If the employees p***** the tests, they’ll remain on payroll until they can be placed with a job w/in the company. Managers will have a couple of to find employment w/in the Co otherwise they’re taken off of payroll…same with non-management who fail the tests. Others will leave thru attrition. these also include contract workers-which are utilized heavily by AT&T.
only in New York Kid gotta lov it.
WORD..NYC PROLLY GOT THE MOST CRASY HOMELESS PEOPLE IN THE COUNTRY
THAT HOMELESS DUDE GANGSTA….
The democrats control congress. They have for several years.
I had a job offer from AT&T and thank GOD I didnt take it.
But I work for the the telephone company here in Cincinnati & we are in a Union. Which means I have a job for the next 3 years…. until our contract expires.
But I thought AT&T was in a Union 2? They dont have a contract sayin that they have a job guaranteed for x amount of years???
the non-management employees are in a contract…MW expires in Apr 09. While they can’t be laid off, they can be ‘taken off of payroll’ if they don’t test qualify. Again..those that are being laid off incl managers, those being attritioned, contractors, non-management who fail the tests etc
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WOW…thanks FemdomEbony. I didnt know that. Guess each job is different.
But what type of test do they have to take anyway?
This is not even funny! This is sad and depressing. Most black men will end up in this position, due to lack of education and being institutionalized from being locked up so much. Then they can’t get jobs because of records with felonies…A horrendous circle and Catch 22, so they don’t ever do more than a grocery cart or sign on the street….
Let’s change how we live, how we treat each other, they way we treat ourselves….Come on, people, you know better, than this. I;m tired of us being in last place. Lets be more than we ever were. The only way that can happen, is if you start hitting the books…Be a leader and not a follower…
@lil mama…employees are given skills tests. The more tests an employee p*****es, the greater the chances of being placed. I was a part of this a couple of years ago, and I ended up in a position that gave me a better schedule (off by 5pm, wkends off) and making almost $300 more/wk. But out of about 15-16 tests I took, I only failed 2 tests. And those tests were for skilled trade.
Did someone mention they feel pretty secure because their company is unionized???
All due respect to you but please don’t sit comfortably with that misguided conception!!!
YOUR job can be placed on the bargaining table, hun!!!
One more thing about unions–
Even when the position of keeping a job “X” amount of years may seem secure, it’s been KNOWN that unions have thrown that on the table to proposition something else.
If you don’t understand but ONE thing about unions, know that it is a business–just like your company is.
Bartering what they think is in your best interest is their job!!!