Topics regarding layoffs at Lumen Technologies

Topics regarding layoffs at Lumen Technologies

More layoffs

Are we done with layoffs for this year?

by
| 2030 views | | 7 replies (last December 13, 2023)
Post ID: @OP+1pJsgbpn

How long can this go on?

How long can Lumen continue to lose market share and revenue before it's forced to declare bankruptcy? I don't have any idea myself but I'm guessing by this time next year Lumen will be in receivership with a Bankruptcy Court.

Lumen Outage

Hope no one was seriously affected by their negligence. https://www.peninsuladailynews.com/news/internet-wireless-outages-continue/

by
| 1520 views | | 2 replies (last November 20, 2023)
Post ID: @OP+1pFbJk5o

WARN Notices about Layoffs

Why do I not see WARN notices from our company? checked 3-4 state portals adn nothing I see notices from every other company that's laying people off. I assumed it was a requirement.

by
| 2240 views | | 9 replies (last November 27, 2023)
Post ID: @OP+1pCbzR5I

Who will end up with QF?

CFO said Lumen/Quantum Fiber will participate when the time is right for consolidation. In other words, we're selling it. https://www.fiercetelecom.com/broadband/should-lumen-sell-its-quantum-fiber-biz-analysts-weigh

by
| 2610 views | | 8 replies (last November 14, 2023)
Post ID: @OP+1pvVbaIm

Lumen's Bed of Roses

Lots of great uplifting posts on here since the earnings call. It looks like our great contributors from InsideLumen are posting in here vs there. Thank you for bringing the positivity & trying to quell all the negativity here. We shall overcome

CEO Buys $970K worth of Stock

President, Kathleen Johnson, recently bought a whopping US$970k worth of stock, at a price of US$0.97. Why? https://finance.yahoo.com/news/president-lumen-technologies-picks-24-120543333.html

It's Hard To Believe Mr. Buffett Hasn't Swooped Down to Steal These Valuable Assets Running Next to His Railroad ROW's Yet

On Saturday, Berkshire said fiscal third-quarter operating earnings rose to $10.8 billion, up from $7.7 billion for the year-ago quarter, according to the Wall Street Journal. The Omaha, Neb.-based conglomerate finished the period with a record... — read more 

by
| 910 views | | 5 replies (last November 15, 2023)
Post ID: @OP+1ps3XUk8

Why's everybody picking on 65poor ole Lumen?

The word is out they su-k and leadership is incompetent. No media outlet publishes any thing positive about them. Really makes me wonder why so many people are su-ked into drinking the Lumen kool-aid that's being served out. I know that a few of you... — read more 

by
| 1750 views | | 5 replies (last November 6, 2023)
Post ID: @OP+1pqdn2fL

Here's a good read

Lumen Technologies: Don't Look Back Nov. 03, 2023 1:53 PM ETLumen Technologies, Inc. (LUMN) Stone Fox Capital Investing Group Leader Summary • Lumen Technologies is facing constant restructuring and slashing of financial targets, leading to a... — read more 

by
| 2070 views | | 5 replies (last November 7, 2023)
Post ID: @OP+1pqW8d1h

I think we're safe for a while

I honestly don't think there'll be more cuts soon. It takes some time after a major round for things to calm down and for people to settle into the new normal. More disruptions before then would only be to the detriment of the company. I might be... — read more 

Anyone can be a CEO

Lumen is living proof that you don't need to have common sense or intelligence to be in a member of the SLT.

by
| 1050 views | | 6 replies (last November 13, 2023)
Post ID: @OP+1ppVDJHG

Great Lumen Cultural Revolution

I did not get the impression that SLT actually read Christensen's 1997 best seller "Innovator's Dilemma " where the term "disruptive technology" was coined. If they had, they might have spelled out how they would make Lumen "cheaper, simpler... — read more 

by
| 1180 views | | 4 replies (last November 3, 2023)
Post ID: @OP+1po1A5Mw

The sales force is the problem

As a former long-term employee going back to the Level 3 days, the problem with Lumen started when Level 3 acquired TWT, and was accelerated when CTL bought Level 3. The problem is a sales force that is comprised almost entirely of telco dinosaurs... — read more 

by
| 1170 views | | 7 replies (last November 5, 2023)
Post ID: @OP+1po7iahJ

Mood

What has the general mood and attitude around your departments been like today?

NYSE De-Listing

If this car wreck is under $1 for 30 consecutive days (which it will be) it will be de-listed at which point the woke mo--ns and lunatics trying to run this company will be forced by the Bondholders to put it into Chapter 11. It may happen sooner... — read more 

by
| 1510 views | | 9 replies (last November 3, 2023)
Post ID: @OP+1poWxaAF

Insanity

The last 3 days have been utterly absurd. The most unprofessional rif email ever, the earnings call, loss of 40% stock price. Things are coming apart at the seams and the leadership team does nothing but toss around buzzwords and put on an... — read more 

by
| 1910 views | | 9 replies (last November 5, 2023)
Post ID: @OP+1poxC8JO

There'll be more RIFs

This is just the opening salvo. I expect to see more early next year, if not sooner.

by
| 930 views | | 1 reply (November 2, 2023)
Post ID: @OP+1poxGeUT

Holiday Reference

This morning I saw Seeking Alpha lower Lumen to a 'Sell". And they wrote this: "I am cutting my rating on the stock today to a sell, primarily because the situation here appears worse than previously thought, meaning that the equity here might not... — read more 

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| 914 views | | no replies yet
Post ID: @OP+1poZJ4zK

Dare to Lead...Still?

How do we continue to pay for this writer and program? how about add it to the STOP list? Lay off 1200 people and hope a book club turns around these leaders...

by
| 1800 views | | 9 replies (last November 7, 2023)
Post ID: @OP+1pofkrkt

$0.79

First hour of trading and LUMN is at $0.79 with just over 31 million shares traded.

by
| 940 views | | 7 replies (last November 2, 2023)
Post ID: @OP+1poaWqeW

No Plan

There is no plan for this company. The "darkness before the dawn theory", will not work here. Sell off assets, real estate, eliminate the dividend, fire employees and let the stock fall below $1 will allow this company to become...what? Money... — read more 

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| 1260 views | | 4 replies (last November 2, 2023)
Post ID: @OP+1poQu6FE

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