Topics regarding layoffs at Lumen Technologies

Topics regarding layoffs at Lumen Technologies

Dear HR employees who monitor this page

Please add into Straight from Kate suggestion box to offer vspp's to speed up attrition & lower operating costs. $25-30k isn't going to put a scratch in the corporate bank account versus the 40 million or so that you gave Storey to leave. The company... — read more 

Chapter 11

with continuing falling revenues and $54 billion in liabilities it's only a matter of time before this goes bust - this will go chapter 11 in the next year so they can restructure and ordinary shareholders will be wiped out. A new Lumen will then be... — read more 

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| 2170 views | | 5 replies (last February 11, 2023)
Post ID: @OP+1l7F3dxd

Next stop bankruptcy?

Catastrophic fourth quarter earnings are out. Q4 2022 revenue was down around 25% compared to Q4 2021. That's $4.8 billion in Q4 2021 and $3.8 billion in Q4 2022. The cherry on top is a $3.27 billion "goodwill impairment charge." Whatever that could... — read more 

North Star takeaway

My takeaway from the North star presentation was there will be no raises except for a very few employees.

Stop dreaming of a profiting company.

When the copper is sold off; Lumen stock will explode! How can someone think that is going to happen? I recall at one time USWest stock was at *$86 a share when copper was the only material in the market. Since then this company has passed the CEO... — read more 

Lumen does not want employees.

Call it for what it is; Lumen does not want to have employees on payroll. HireVue was activated last year which is preventing past experienced employees re-entry to the company at a time where the company needs more staff. The union contract was... — read more 

No one wants to work here anymore

My crew is terribly understaffed. People who were hired left in record time. Does anyone want to work here anymore? It seems that the reputation has hit the rock bottom.

Management

To all management, 1st level, 2nd level and beyond. If you have never done the job, not one tech respects you. You can learn as much as you want but you will never gain respect. This just happens to come from the Spokane area. Most real... — read more 

CenturyLink Layoffs 2023

Do you think there may be small/medium/large CenturyLink layoffs? Any chatter, news or rumors?

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| 13440 views | | 22 replies (last November 12, 2023)
Post ID: @OP+1jUh0Ylq

4 more states gone

Wonder what will be left when they are done selling: https://www.fiercetelecom.com/telecom/lumen-rumored-seek-buyer-assets-4-states

Stock Investors in Denial

I frequently go to Yahoo LUMN stock to see the stock conversations. Be sure to pull down and select Newest Conversations. I consistently see investors say to hold on because LUMN stock its going to soar. Using Yahoo, I can click on the stock chart... — read more 

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| 2210 views | | 6 replies (last November 19, 2022)
Post ID: @OP+1jFeYMcr

Bust

This company will go Chapter 11 within the next few years and T-Mobile will pick over the carcass.

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| 2030 views | | 4 replies (last November 16, 2022)
Post ID: @OP+1jCLvoBP

Next week's layoffs

What can we expect next week? Will there be even more small cuts or will they drop another major round on us? Is there ANY chance that maybe we won't see any of that? It's Saturday morning and instead of relaxing and catching up on my shows, I can't... — read more 

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| 3220 views | | 5 replies (last November 11, 2022)
Post ID: @OP+1jyr3icr

A sinking ship...........

https://www.fiercetelecom.com/telecom/lumen-sells-emea-business-colt-18b-scraps-dividend

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| 2570 views | | 8 replies (last November 20, 2022)
Post ID: @OP+1jw4oS0k

Surprise!! 2023 Vacation canvassing

So the union was able to negotiate another paid holiday, MLK day (management already had it) for craft…if you have been paying attention the last 4 contracts, many of was wondering at what peril or expense was this going to come at??? One... — read more 

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| 2800 views | | 14 replies (last February 21, 2023)
Post ID: @OP+1joXJntv

There is no well-conceived concrete plan

All this mess in the company now, I think is primarily a consequence of the fact that the leadership does not have any vision or any well-designed plan for the future. They have completely lost their direction. Do you agree? It is also questionable... — read more 

What does all this look like to new hires?

I would not recommend anyone to consider Lumen as an option and I feel sorry for some new hires. Some of them are talented and have skills, but somehow got lost on their way and ended up here. The majority of those of us who have been here for a... — read more 

The Digital Destruction?

Oops .. I meant "transformation". Which could mean transforming for the worse. Transform from what works to something that -- well, we get richer doing. And here comes Kate, complete with her 'digital transformation' moniker and her twitter... — read more 

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| 2150 views | | 3 replies (last October 18, 2022)
Post ID: @OP+1jaHmu4S

All Time Low - Lumen hits the $6 handle

Congratulation to the Lumen Executive Team for loading $15B in market cap since 2018. Shareholders should be demanding clawbacks on compensation after Lumen enter the $6 handle territory in the stock market.

Good Luck Brightspeed!!

I hope the new company is successful. Does anybody know how many employees have moved to Brightspeed?

Another All Time Low

Lumen Technologies (NYSE:LUMN) stock drifted down 4.8% on Thursday morning to hit a new 52-week low of $7.28. Shareholder’s expect claw back on all restricted stock options. Where is Mr. 4th Generation and the greasy HR dude.

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| 2080 views | | 9 replies (last October 9, 2022)
Post ID: @OP+1iXuJL8H

All Time Low

Thanks Jeff and the 4th Generation leadership team for that short but fantastic race to zero. Shareholders can’t that you enough for your marketing prowess, operation excellence, and customer success.

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| 1830 views | | 3 replies (last September 30, 2022)
Post ID: @OP+1iWkhcrO

This has become a very depressing place.

Maybe it's just me. Maybe I think that the grass is greener elsewhere, and it's not. Is there anyone who is comfortable working at Lumen and is not in a hurry to make an exit?

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| 2171 views | | 6 replies (last October 14, 2022)
Post ID: @OP+1iURFcmO

Massive Layoffs Coming

If you come from Level 3, be preparing to get let go. All of these GM’s and above are toast with little to show for it because the stock will be $5 in a few weeks. The clowns are being kicked out of town and are known losers in the industry. — read more 

Karma for Management

Storey was fired and watch all managers top down be shown the door while their options will be worth little of nothing. Karma always come back to roost and all the management that used to treat their people like animals are getting ready to... — read more 

Jeff Is Leaving

How many millions of dollars will Jeff get when he leaves next November?

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| 3100 views | | 11 replies (last September 21, 2022)
Post ID: @OP+1iH04p4J

Watching the piles of work grow

If the management thinks that the employees here will do the work for 2 or even 3 people and that it can go on like that, then the management is very wrong. I have more and more obligations, but I don't care at all because I think I will soon find... — read more 

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| 2380 views | | 6 replies (last February 21, 2023)
Post ID: @OP+1iGJLKY7

New Net Tech Fiber splicing position

1 day left to show interest. Is this new net tech fiber splicing position a good move from broadband/network tech? What do you think?

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| 2071 views | | 6 replies (last September 16, 2022)
Post ID: @OP+1itFohR0

Culture at Lumen

An acquaintance asked me how I would describe the culture at Lumen. I think there is no more vivid description than that even those who were comfortable working in this place are starting to leave? Recently, a colleague who was the manager's... — read more 

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