March 2023 marked a significant increase in planned layoffs across industries, with a staggering 90,000 jobs cut, marking a 396% increase from the previous year, as reported by outplacement firm ...
Pension transfers carry implications that are far-reaching and have the potential to significantly impact the security of retiree benefits. The recent case of AT&T transferring its pension assets ...
AT&T has been leading the way in cutting jobs among major operators in North America and Western Europe, with its workforce shrinking by 117,100 people (roughly 42% of the 2017 total) from the ...
AT&T has announced that it will be transferring the assets and liabilities associated with its pension plan to Athene, a highly-rated insurance company that specializes in managing annuity ...
When you combine CV-19 news, the inability to socialize with work colleagues and see friends, and a volatile stock market , these are very emotional times. Then when you put on top of all those ...
In 2020, AT&T CEO John Stankey set a goal of $10 billion in cost cuts. During the pandemic, AT&T has conducted mass layoffs and significantly reduced employee benefits. However, they'll need ...