Stock price is loosing my confidence about job security. However internal changes and digital transformation is taking its first steps. How confident you all are that Kate gonna take LUMN to a better position down the line?
BEAD funding
Anyone here at Lumen hearing about broadband projects being funded by BEAD? https://broadbandusa.ntia.doc.gov/funding-programs/broadband-equity-access-and-deployment-bead-program
Senior management lives in a bubble
Senior management has no clue as to what is happening or not happening in some of their markets. I look at all of the corporate communication but it is intended primarily for those that work in the ivory towers as opposed to those in the field. Where... — read more
What's next?
Do you think Lumen Technologies will start reducing head count? I know that a company cannot cut its way to profitability? It has to grow. Where I work, we see very little if any in new sales. And a company in the red cannot engage in capital... — read more
$1.50 by the end of the month?
I'm guessing the stock will be at or under $1.50 by the end of the month. Right now that looks like an easy guess.
Earnings are out and once again it's not pretty
https://finance.yahoo.com/news/lumen-technologies-shares-slide-posting-214433407.html (Reuters) - Lumen Technologies reported a massive quarterly net loss of $8.74 billion on Tuesday, hurt by an impairment charge of nearly $9 billion in the second... — read more
More DTL
Now they want us to invest 2.5 hours each week for the next 12 weeks on this cotton candy feel good DTL BS? No Thank You.
Who knew when we went to sleep last night....
.... that TODAY is the day that we disrupt the telecom industry! WOW! Fill my cup with more Kool-Aid please!
Chief Diversity Officer
I can’t believe Lumen can afford a Chief Diversity Officer. Disney, Netflix and other large corporations have fired their CDO. It’s one of the most glaring racist things a company can do is to virtue signal. No wonder the stock is under $2 and... — read more
“Human First”
Never heard of it? You’ll be mumbling “human first” in your sleep in no time. Your new head of HR is going to drill “human first” into your heads, and your CEO’s, like it is THE absolute only thing that matters. Get ready for daily mandatory... — read more
Stock closes at $1.85 down 10.2% on the day
Did somebody leak the upcoming earnings report?
People want to be paid to leave
I'm not trying to justify it, but I understand those who decide to do so - some intentionally "try" to get on the layoff list and there seem to be quite a few instances of this?
Celebrity CEO
Has anybody else noticed that under Kate the inside Lumen page looks like it could be People magazine on how fixated it seems to be on Kate's goings on? And how everybody cheers and reveres her as if she's the second coming. I understand it could... — read more
Chief HR - 90’s Hair Gell Man - Shown the Door
Am I the only one who realized Hair Gel HR man has been shown the door.
ULM receives historic donation from Lumen Technologies
https://www.ulm.edu/news/2023/lumen_donation_062723.html MONROE, Tuesday June 27, 2023 – Lumen Technologies (NYSE:LUMN) and the University of Louisiana Monroe announced the donation of Lumen’s local campus to the university. In a departure from... — read more
Win/win scenario
Can we get an actual technology company to make an offer to our "leadership? They would be so happy to finally lead a tech company and we could continue doing what we do best and stop trying so desperately to be something we're not. This is a win/win... — read more
Cuts in July
What are the chances of major cuts in July?
Back under $2
Looks like the counter trend rally is over. Now the stock is back in it's main trend which is down.
Wouldn't it be ironic
If BrighSpeed bought Lumen after Lumen sold them the states we couldn't seem to get any revenue from?!?!?? True, proper leadership shows what is possible when your focused on a task and truly run by Industry professionals!
Monroe's Future
Corporate appears vacant. Executives have fled Monroe. It appears that it will be moved to Denver in the near future..........
Lumen
Please remember people the threads we create are not all local or represented techs. There are non-rep on this page also. Meaning often times those threads do not pertain to all techs.
LOL Arkansas dislikes Storey
Haha! Went by a CO today, not saying where, but there was a tech standing roadside handing out a paper listing the things Joffrey did while at CTL. Repair times from 24 hrs to, up to 14 days. Cut on call pay during pandemic. Cut Christmas bonuses... — read more
Amazing
So instead of increasing the pay band per tech level, or getting rid of the 100% of the middle of a pay band. The brainiacs decide to make 60% of the current tech 2’s all tech 3’s. Lol saturation. So they made the old tech two happy and the old... — read more
Salesforce Field Services #epicfailure
The feedback from the technicians in major cities about how the transition from wfa to sfs is hysterical. So the company switched from admittedly outdated dispatch system that was still extremely functional and efficient. Our understanding is there's... — read more
I'm not sure what's worse here
Leadership or culture. In either case, I advise anybody considering joining to keep walking.
Indifferent to our complaints
Either the leadership does not realize the extent to which the employees here are dissatisfied, or they do but do not care. Do you think they are even interested in our complaints? Unfortunately, I think not.
Some thoughts I hope reaches SLT
I was in my "book club" today when it turned into a bi**h fest. Imagine the day after a 3 day weekend and 3 of the members "words" were "frustrated" This got me thinking of a book actually worth reading, The One Thing by Gary Keller (founder of... — read more
Leadership
this new woke so-called leadership are way way way out of their depth. Look at their short LinkedIn profiles - None has experience of rescuing a failing Company that is overwhelmed by its debt. Chapter 11 is the only sensible course of action here... — read more
Lumen stock closed at $1.88 today
52 week range is $1.85 to $12.54.
And we're below $2.00 now!
Great job SLT!
The Grand Plan: The end of ATT
If you haven't caught on yet, all signs point to the CEO and the Board protecting themselves while preparing ATT to be put out to pasture. The only people walking away from it unscathed will be those who gave themselves golden parachutes while the... — read more
Can we stop the endless surveys?
The surveys the never ending surveys dare to stop asking stupid questions would you recommend lumen to your friends as a great place to work? but they keep asking anyways
Lumen CFO house listed for sale Friday
Is Chris leaving us now? Paid 1.8m in 2017 and listed for 13m. If only our 401k's and stock reflected those types of gains. There's an article in the Denver Business Journal about the house. This is more of question if executive management is about... — read more
Lawsuit against Lumen for field techs
Were you a field tech anytime between June 2019 and June 2022? If you were, you know they took away oncall pay during that time. There is a class action lawsuit for this unlawful practice. If you would like to sign on please send an email to... — read more
Raises
Raises are coming for non-represented employees. They want to keep good talent.
$1 Handle
The $1 handle person will be coming to the board soon. Stock under $2.20.
Lumen is looking for a miracle
Yup, I can attest to the fact that Lumen is throwing anything against the wall right now in hopes it will stick, looking for a miracle. They don't even allow the time for programs to develop before they start kicking out those that were part of the... — read more
Q1 earnings are out and they generally suck.
https://finance.yahoo.com/news/lumen-technologies-reports-first-quarter-200100575.html Drove Business product Grow revenue of $1.128 billion for the first quarter 2023, compared to Grow revenue of $1.091 billion for the fourth quarter 2022. These... — read more
"Wage Freeze"
So I am hearing from management that there is a permanent wage freeze until the company goes under or at least five years. Anybody else? Run!
Staying here despite no raise
Just read an interesting post on one of the threads below. Is it possible that there are people who are still working here even though they haven't received raises in 7 years? I'm sorry, but that's hard to believe.