The princess parade show continues marching on. The newest headline.... Lumen CEO on Seattle Tech, AI, Lessons from Microsoft, and cloudifying Telecom. KJ's on the GeekWare podcast and we're geeking out! I just threw up a little in my mouth, ok... — read more
Another quarter completed without significant changes
I can't believe they continue the same path day in and day out. This is a telecom remake of Ground Hog Day. October 1st locks in the bargained employees 2024 PTO if they decide on a surplus in the 4th quarter. In reality they really need to trim... — read more
Yet another lawsuit against the board of directors
https://www.wdrb.com/news/national/lowey-dannenberg-p-c-is-investigating-lumen-technologies-inc-nyse-lumn-for-potential/article_c5f5ac92-4e52-5261-a36f-0b10eb5372c5.html
Not starting off this week on the right foot
Last week we saw $1.60, but we're swirling around the bowl today... $1.39 USD −0.11 (down 7.33%)
Why is Lumen not selling anything?
We don't even sell DSL in my state anymore. Nothing.
Straight to force reductions or VSPP's?
I don't think the company will offer any VSP's if they do headcount reductions. I think they will lay off first.
Gurufocus Article today - Altman Z-Score
article on yahoo from gurufocus: https://finance.yahoo.com/news/lumen-technologies-lumn-too-good-154945051.html Of course, the historical average in the last 10 years shows the company has been in distress the entire time, just less servere than... — read more
Why do custimers choose us?
So when an organization is looking to upgrade network circuits, migrate to AWS/GOOGLE/AZURE Cloud, or needs any number of other service offerings that Lumen could sell them, why would a seasoned IT executive put their organization at risk and their... — read more
IT data sprawl
must stop the company will continue to suffer from the inefficiencies born out of data sprawl mergers and partial conversions combined with managers chasing new technologies while simultaneously, planning to abandon everything that actually works... — read more
Reqs are now frozen, get prepared.
Sounds like all reqs are frozen. We all know what comes next.
Maybe some good news?
Lumen Technologies’ creditor advisors are said to have signed NDAs to discuss a debt extension and inject fresh cash. The potential investment would be less than $1 billion.
Seeking Alpha newest article
https://seekingalpha.com/article/4635084-lumen-technologies-approaching-key-point Interesting points once again in the comments section. It seems that we're in default with some of the debt by selling the LATAM sector of the company. "The... — read more
Who are we competing with?
Yes, Lumen dropped the word telecommunications when they changed names. So, are we (still) in competition with these (few) communications companies?: CHTR - Charter $449.37 (share) TMUS - T-Mobile $143.12 APO - Apollo/Brightspeed $91.17 CMCSA -... — read more
Kate at WIT Conference, did you watch? Such an embarrassment
Never have I ever seen a CEO grovel at the feet of attendees and throw out job offers to people from the stage. At least she admitted that a number of her past roles were failures and that basically there many failures she's made in her 10 months at... — read more
Who was our c-suite exec that got canned today
Who was our c-suite exec that got canned today?
Why can't Kate Johnson be honest?
Why won't Kate Johnson tell us how bad it really is at Lumen Technologies? Is a RIF around the corner? Is Lumen beyond saving? Stock su-ks. Nothing is being sold. All travel is canceled where I work. Who will turn out the lights at Lumen?
Kate=$1.37 Stock Price
Kate can smoke hope all day long but in the end she and her team are proven losers and Wall Street has declared them dead people walking. What a s$it show!!!
AT&T same story different company
I was curios if what's happening to at&t is what's already happened to century link or lumen! I am a technician in construction and engineering at AT&T and I feel we are all headed in same direction but by the looks of it this company is ahead of us... — read more
after hours a quiet Friday afternoon...
...the CEO sends an obscure email, And just like that we are Sham-less, after just 8 months. Did he wise up to the shenanigans, or what?
From Seeking Alpha: Lumen: The Lights Are About To Go Out
https://seekingalpha.com/article/4633279-lumen-lights-are-about-to-go-out "As much as we would like to go value hunting (dumpster diving for the disenchanted) here, we think that management is still not in the right frame of mind. This growth... — read more
Dare to Lead
I see Dare to Lead has been "postponed until 2024" Yet another failed woke initiative to add to the long list!
They don't know what they're doing
The SLT has no clue. Everything comes from the top down. No one seeks our input even though we are the front lines. We sell nothing. We install nothing. The competition is cleaning our clock. I have to believe that there will be a force adjustment in... — read more
Death By Survey
Hey Gang! It's time for another survey! No Thanks! Beware, this one does not say it's confidential.
Out of "Site", Out of Mind
Anybody else notice that they took the stock price off of the new Inside Lumen homepage? I guess if you hide the problem it will help it go away!
Desperate times
Now they’re selling a jet too. Hahahahaha
Thoughts for September
What does everyone think about what's gonna happen this month?
Halloween.
What if everyone bought 100 shares of stock to pass out on 10/31in lieu of Halloween candy? Could that raise the stock price?Your thoughts?
The Path of Disruption
Check out Kate Johnson's post in LinkedIn on the Path to Disruption. This cannot be good for us employees though Kate says otherwise. I was surprised but not shocked that she hasn't sent this out as a company announcement. This marketing slogan seems... — read more
Tech2Fail
I just wanted to congradulate whomevers idea it was to bring in a contractor to build what might possibly be the best, most innovative and advanced dispatch management system ever created. It's especially suited to handle what might arguably be the... — read more
Fluff PR?
Are there no new service offerings to talk about? Instead, there is a press release on Microsoft CoPilot. Really?
Red Carpet Kate
Anyone else get tired of Kate’s celebrity schtick? It feels like whether it’s on inside Lumen, LinkedIn, or any other platform, everything has to be some kind of photo op and politician type quote. Is it too much to ask that the CEO just do their... — read more
You can’t cut your way to long term success
Both Level 3 and Centurylink played a shell game for years with M&A. Acquired companies, jumbled numbers, changed accounting treatments, etc. The only “value” came from synergies. But you can’t cut your way to long term success. The current... — read more
Pay raise
When's the last time you received a pay raise?
Edwards didn’t last too long.
I guess Nate didn’t make the cut, that new role only lasted a couple of months. It’s almost like field operations is a disaster.
Is a RIF coming?
Things are slow. We are not selling much. When was the last time you saw Lumen announce a major win? When was the last time you saw any capital projects in your area? Is a reduction in force coming? Will Lumen be offering a VSP? Thoughts? — read more
LUMN stock price at 1980’s????
What’s happening with the stock. Management sends highly confident about all the upcoming changes and growth directed actions internally but why stock is behaving reverse ???
Prepare for the collaps
the collapse will happen, this company cannot survive when it has to rollover tranches of debt at significantly higher rates than in the past. The business model only just about worked in a low interest rate environment. This is 100 percent on... — read more
More cuts
Rumors have started about September layoffs. Is there any truth to that?
Do you think Colt is still on board to buy or will they bail on this tu-d
Can't help but think that Colt may be having a bit of buyer's remorse... The assets they agreed to buy a year ago were valued so much higher than they are today. I am certain it would cost them money to back out, but they have to be giving it some... — read more
What would you do to fix Lumen?
If senior management was serious about making Lumen Technologies a successful company it would go to each market and ask the front-line workers. Currently where I work, we are selling very little due to not having any compelling product to sell. We... — read more