AT&T is dumping hybrid work as it follows Amazon in demanding employees spend 5 days a week in office [Yahoo! Finance]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: Yahoo! Finance
It follows a similar move from Amazon CEO Andy Jassy. The slow march of the return to office has taken another step forward, with telecom giant AT&T informing staff they must be back at their desks five days a week starting in January. It marks a change from the company's previous stance, which required employees to be in the office three days a week. The move across all business ranks follows a push on managers last year. In the company's 2024 proxy statement, AT&T wrote that it had brought 18,000 management staff back to "core" office hubs. This was a change to the business's office structure prior to the pandemic. Despite working in 50 states across the U.S., CEO John Stankey told Bloomberg Radio at the time that the company was consolidating down to nine locations. This included two main hubs in Dallas—its headquarters—and Atlanta, as well as Los Angeles, Seattle, Washington, San Ramon, California, St. Louis and two New Jersey locations in Middletown and Bedminster. Th
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Earnings
- 10/23/24 - Beat
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Sec Filings
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