Well here we go!!!!!! The email Brightspeed sent out Friday has LAYOFF written all over it and we are in the 2nd year. Cuts and more cuts
Lumen / Brightspeed
Has anyone noticed that since acquiring the Centurylink assets Apollo’s stock price has doubled? What’s that say about Lumen management? Yes I know Apollo invests in much more than telecom but after taking their money Lumen is still circling the... — read more
Lumen has gone full tilt CoPilot AI crazy
Just heard from a friend at Lumen they are trying to push MS Copilot in every which way. However, when I hear how they are trying to utilize it, it just sounds questionable at best.
Where did April RIF thread go?
There was a post about April RIF? Why they hiding it?
The problems with actually becoming a technology company
Lets see, where to begin. They are looking at it thru some very rosy glasses at best. Add AI and ML, stop acting like a traditional telco, become disrupters ... fine. Move everything to the Cloud ("cloudify telecom" -- LOL) (moving the data is the... — read more
Kate Johnson doesn't practice what she preaches
this North Star malarkey is all talk and no action. The company cannot execute. It's all smoke and mirrors. I can tell you this. Montana is messed up. I'm certain this is the case for other markets. While Lumen may never file bankruptcy it will be... — read more
Debt restructuring deep dive.
https://seekingalpha.com/article/4647925-lumen-technologies-a-deep-dive-into-the-proposed-16-billion-debt-restructuring
Diversionary Tatics on Earnings Release Day
Have you noticed that this sh-t pile of a company likes to do press releases of news that they deem positive, out ahead of earnings calls? To help draw attention to the bad news? Q3 is was debt restructuring and influx of cash. Today it's a new CTO... — read more
New CTO! What happened to the old one?
Dugan gone?
February 6 earnings report
Any bets if our stock drops below $1.00 next week after report?
Lumen's BOLD new brand - based on neuroscience
Guess what? Lumen has a bold new color palette which will showcase Lumen using a brand playbook. Just in time to save the company. Look for the new color refresh which features our digital inclusion on everything from clothing, to commercials to... — read more
Get Ready For More Layoffs
Oh my lovelies, the news keeps getting better and better with this smelly tu-d. https://www.reuters.com/technology/lumen-deal-with-lenders-extend-debt-maturities-raise-over-2-bln-capital-2024-01-25/ so.... Nov '23 $7B pushed to '27 with an extra 1B... — read more
Empathy and accountability
Latin for more layoffs are coming.
No supplies like paper and fiber jumpers
But senior management can have a big party in Colorado, but I'm told we still don't have a budget to buy supplies which stops us from serving our customers. Unbelievable.
Big party in the Lumen Ivory Tower
Kate Johnson is doing an excellent job of role-playing Marie Antoinette telling us out in the field to just eat cake while they party it up in Colorado. I'm good with Kate Johnson's attitude and views on race and diversity. But none of this is making... — read more
The serfs are getting repurposed
All those folks that are in Denver for this town hall are being fed. They are flying folks from around the country to participate in the town hall. But out here in the hinterlands we can't even stay in a hotel when we are 5 hours away from our... — read more
How many W2’s can I get!
Every year since the Level 3 buy out I get multiple W2’s. Always been a CTL employee but I get them for Embark, Level 3 and CTL dividing my pay throughout the year. Plus the total never equals my actual pay. Smells fishy but they have the same... — read more
Quantum Fiber Vans
I noticed Quantum Fiber vans are out and about now. Are they changing all to QF, or leaving some CTL depending on the tech/job?
Layoff Kate, Chris, and BoDs! They su-k!
This could possibly be the worst management team and BoDs I've ever seen! They su-k!
Next round of layoffs
I'm hearing talk about February. Can anybody confirm?
North star or Brown star
I think I know what star we are really looking at lol
DTL in person
Dare to Lead - back in force in January. So .. a 100% remote workforce is suddenly being asked to come in for IN PERSON gatherings to listen to a Brene Brown fireside chat at a time when a potential new strain is about to be rolled out by WEF Dare... — read more
Sales Kick Off or Investor Rip Off
Layoffs office closings cutbacks and massive insurmountable debt but yet it’s ok to do a flashy sales kick off put on by a Hollywood production company complete with hair and makeup support. Shame on you Kate. Can think of much better uses for that... — read more
Microsoft Copilot adoption rate
So apparently, the SLT isn't happy about the (slow) rate of early adoption (by employees) of Microsoft Copilot (AI) tools so far. Primarily this has been Copilot for git (developers) and Copilot for MS Office. You mean we don't trust our company... — read more
More Gloom and Doom
https://www.moomoo.com/news/post/25181190
Stealth Layoffs
They speak of upcoming layoffs next quarter but cannot provide any details. Meanwhile they move you to a new team and there is no work to do. They hope you will just quit. Then they layoff those who have no quit already, but provide no names ever... — read more
LUMEN Government
Seem like the LUMEN FEDERAL GOVERNMENT team is winning contracts left and right! They seem to hold their own and sustain the most of the company. Perhaps LUMEN should expand on the Government sector.
Ashley as CRO?
Is Kate loosing faith in Jay? Another bad hire? Going back to a combined sales and CS org? More cuts?
The Year In Review
Stock Price Jan 6, 2023 5.4700 Jan 5, 2024 1.7200 Enough said………
2024 goals
Just got an email about goal setting training! Seriously! My goal is to have a new job as soon as possible! What an effing joke!
CenturyLink Layoffs 2024
Do you think there will be CenturyLink layoffs? Any chatter, news or rumors?
Something smells fishy
https://finance.yahoo.com/news/lumen-lumn-reportedly-needs-time-123100690.html Between Aug 2022 & Nov 2023, Lumen sold 12 billion dollars worth of assets (Stonepeak, 20 State ILEC, & Colt). So.... why is there still close to 20 billion in debt... — read more
Alertmedia
Lumen is all ready for an emergency. Are you? 100 on ESG score doesn't come for free
New Product Guy?
Chris mentioned in passing that there is a new product leader at the investor event this week. About time... Lets see who drank the Kool-Aid. Anyone know?
Who Owns Lumen Stock?
Blackrock, Vanguard and State Street are the three largest holders of Lumen stock. They hold around 310 million shares combined. Source: https://fintel.io/s-b/us/lumn
Will T-mobile buy Lumen
I was speaking with several friends, who work for a few investment firms, and they were certain T-Mobile will buy Lumen. With the most recent layoffs Kate and SLT could be setting up the company to sell. A lot of effort is being placed on... — read more
Dare To Leave the company's challenge to customers
https://ksltv.com/605019/bountiful-woman-left-without-phone-service-or-answers-days-after-her-husband-dies/?fbclid=IwAR0DxH-Xq2ph9vLk6f014kP_AXWY_kT4VMibF1CCE_tpn9J5oRdUr3OupuA Maybe the new multimillion dollar SFS dispatch system misplaced the... — read more
Down again!
https://www.investorsobserver.com/news/stock-update/is-lumen-technologies-inc-lumn-stock-about-to-get-hot-friday Closed at $1.26 down 2.33%