http://gigaom.com/2008/12/04/one-of-these-headlines-does-not-go-with-the-other/ Sun, 19 May 2013 03:33:04 +0000 hourly 1 http://wordpress.com/ http://gigaom.com/2008/12/04/one-of-these-headlines-does-not-go-with-the-other/#comment-336768 Sat, 06 Dec 2008 17:00:49 +0000 http://theappleblog.com/?p=12493#comment-336768 [...] what a week it has been, with TAB pointing out AT&T’s 12,000 redundancies and apparent defiance of the economic slump, iPhone devs finally getting the tools they need to promote their apps properly, Tapulous [...]

]]> http://gigaom.com/2008/12/04/one-of-these-headlines-does-not-go-with-the-other/#comment-336771 Sat, 06 Dec 2008 15:07:20 +0000 http://theappleblog.com/?p=12493#comment-336771 Full disclosure: I work for AT&T
It’s simple but hard: manage your exit from a mature business (landline) while growing a new business (wireless, broadband). Jobs get shed from the old business while hiring continues at the new. Doing this in the face of declining demand in the new business coupled with declining demand in the old forces your hand just a smidge….

]]> http://gigaom.com/2008/12/04/one-of-these-headlines-does-not-go-with-the-other/#comment-336770 Sat, 06 Dec 2008 03:04:52 +0000 http://theappleblog.com/?p=12493#comment-336770 Uhm, the firing story is about AT&T’s old landline business. The gravity-defying story is about AT&T’s newer wireless business. Seems odd, but that’s the new AT&T.

]]> http://gigaom.com/2008/12/04/one-of-these-headlines-does-not-go-with-the-other/#comment-336767 Fri, 05 Dec 2008 14:41:05 +0000 http://theappleblog.com/?p=12493#comment-336767 This is simple business practice for publicly traded companies. The stock owners want to see an increase in revenue and the easiest way to increase revenue (they think) is to fire people. The only happy people are the stockholders.

]]> http://gigaom.com/2008/12/04/one-of-these-headlines-does-not-go-with-the-other/#comment-336769 Fri, 05 Dec 2008 06:13:32 +0000 http://theappleblog.com/?p=12493#comment-336769 Kapitalism at it’s best. Great company.

]]> http://gigaom.com/2008/12/04/one-of-these-headlines-does-not-go-with-the-other/#comment-336766 Fri, 05 Dec 2008 06:11:15 +0000 http://theappleblog.com/?p=12493#comment-336766 This is how corporations work these days. My company’s division just had it’s “best quarter ever”, yet we had layoffs a couple weeks ago. Forget laying off people as a last resort, now it happens just to keep profits from falling from current levels.

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