Important Update Regarding AT&T Layoffs

Johnny sent the following email to AT&T employees earlier today. Greetings, my fellow AT&T-ers! It is with heartfelt regret that I inform you today that, due to the increasing repression of our industry, AT&T must lay off 10% of its workforce. This is an incredibly hard decision, but as your CEO, I am taking ownership and accountability for it. It all started with a few bad business decisions. We thought we could keep out of the grip of the Repressors, but the more we tried to ignore them, the tighter their grasp became. Soon, we realized that if we wanted to make sure AT&T could still thrive in the current economy, the only way forward was to transition away from our traditional ways. We had no other choice but to make the hard decision of laying off 10% of our workers in order to cut costs and survive. I understand that this news is difficult to digest and that this change will have a major impact on our family. I want to thank all of you for your commitment to AT&T through this transition. We can, and will, get through this. Regards, Johnny Stardust, CEO of AT&T