Month: June 2020

Will PG&E be the Next Corporation to Freeze its Pension?

Corporations in almost every industry are in the process of trying to cut costs to help deal with the economic downturn brought on by the Coronavirus.  The pandemic has taken a toll on the entire economy and companies need to take drastic measures in order to stay afloat. AT&T, for example, has expressed a goal

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Quarterly Top 10 Articles read by AT&T Employees

(Updated as of June 25th, 2020) 1. AT&T Layoff Crystal Ball For a crystal Ball of AT&T layoffs, one need to look no further than the Elliott Management(Paul Singer) Memo discussing what AT&T needs to change to create shareholder value. The problem is when Paul Singer agitates, a lot of people lose their jobs… Read

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Keep Your Employees Engaged During Covid-19

As a national technology staffing firm headquartered in Manhattan, everyone in my company is working from home. We’ve accepted this as our new normal for the meantime, while we all wait patiently for plans to be implemented and restrictions to lift. That being said, we need to embrace the fact that people want to get

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ConocoPhillips? What Corporation will do to Save Their Dividends?

The worldwide pandemic has had Fortune 500 companies scrambling to protect their dividends and keep their shareholders happy. Almost every economic sector took a hit, but the Oil & Gas Industry was among the most affected. The results have been generally negative for workers at those companies. In April, The Houston Chronicle reported that ConocoPhillips

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AT&T Layoff Crystal Ball

Updated as of 8/13/2020 AT&T Layoff Crystal Ball I recently received some information from colleagues that are associated with the telecommunications industry and I summarized what they stated. This is an opinion and from sources deemed reliable. My story is titled the AT&T Layoff Crystal Ball. For a crystal Ball of AT&T layoffs, referred as

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Life After AT&T: Surviving a Bear Market in Retirement

At the moment, recent retirees have the unfortunate luck of finding themselves caught in a bear market. A number of my AT&T clients have reached out to me, as they’re concerned about losing their nest egg if the market doesn’t turn around soon. It can be difficult for a retiree to make their assets last

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Changes to the AT&T Pension Plan Over the Years

As long as I’ve worked in the recruiting business, I’ve never received as many inquiries about pension plans as I have in the past month. So for my clients who are AT&T employees I decided to look at AT&T’s pension plan and some of the changes it has undergone over the years. Lump sum amounts

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