Curious to know what sections they are going to sell off and how they are going to get out of all the regulations/fines? I guess I can see them doing what Sprint did to Embarq back around 06. Take all the assets and leave "Embarq" with all the debt... — read more
All these layoffs and the stock is still tanking
layoffs are not the way to address the financial problems and the commitments made to wall street. should there have been 'some', yes, but what we are going through is absurd
New technology coming in replacing copper and dsl
http://bgr.com/2018/05/22/verizon-5g-gigabit-release-date-coming-soon/ This is where 5g technology is going. They will take it the last mile with no cable into customer home.
repositioning of jobs and duties being done in Las Vegas
Most likely Engineering and installation will be affected. Contractors are being let go. Heading for something. Business has slowed downed considerably.
Sales is a mess
The Northeast region and Southeast region had layoffs... all CenturyLink sales people. Good people with excellent track records. I can't understand why this happened. New sales Leadership all level 3 with no clue on B2B sales. Stay away! Churn and... — read more
Fuzzy Layoff Math
When CenturyLink's acquisition of Level 3 was announced, the reported size of the combined company was 52,500 employees. In CenturyLink's 2017 10K filing with the SEC, it reads, "At the end of December 31, 2017, we had approximately 51,000... — read more
Engineer layoffs 5/22
All but 17 engineers in Texas were let go. More in SWFL but don't have the numbers yet on that. I know at least three have been let go in SWFL today.
5/25/18 Layoffs
Get ready, more notifications go out on 5/25/18
Side Effect of Layoffs
One of the side effects of the layoffs in our area is one they may have hoped for, or didn't see coming. The kids (under 30 educated/smart) are all looking for other jobs. The whole CST group is young with the exception of one guy. Novody out of the... — read more
What’s happening on June 3rd in Las Vegas?
Why are the contractors being let go? What’s happening in June? Is Las Vegas next in line?
LEVEL 3 is setting up to break up Locals Union!
I hope everyone sees what is going on. In unionized areas LEVEL 3, is setting up for when contract negotiations are up. They want people to take severance package. Hiring contracting companies for piece work. So when negotiations are ready they will... — read more
"Large company without a long term view for employees
https://www.glassdoor.com/Reviews/Employee-Review-CenturyLink-RVW14250144.htm Look up link by former employee. Interesting comment
Still am confused about why there are so many high salary first level supervisors still here.
Why are there still so many high salary first level supervisors still here that have low number of employees reporting under them. There was some repositioning done with some of the supervisors.
Which states are next to be affected by the downsizing?
Please post if you have recently been affected by the downsizing. What state are you in? Or are you hearing that your state will be next? Which departments are being affected? Are packages being offered? Or layoffs?
What’s behind the big engineering downsizing?
It looks like the company is trimming the fat on the engineering side. Have position much of the work to be done by the engineering contracting firms that they use on the side. Only need a few company engineers to oversee the projects when the... — read more
Latest article
https://www.barrons.com/articles/centurylink-downgrade-why-the-worst-isnt-over-yet-1526485419
PLEASE POST IN If your area has been down sized please provide a Number of employees affected. BELOW.
PLEASE POST IN..If your area has been down sized please provide a Number of employees affected. BELOW.
5/18/18 Layoffs
5/18/18 - another round of people get notified today
Rates going up
Since you're in the real estate business, you should understand that low rates equal more business and high rates means less business. But, rates have been historically low for so long that everyone is complacent and mortgaged to the hilt at these... — read more
Done with layoffs for this week?
Or is there more to look forward to?
If your area has been down sized please provide a Number of employees affected.
Lets try to get a head count
What’s happening in Las Vegas?
Have heard that something is happening in the near future, in more than one department. Has anyone heard anything? If so, please share...
Advice from an old guy
Been an outside tech for going on 38 years now and plan on being here another 2 but a little advice to you young ones is in order. Would not recommend you stay in this line of work especially copper based part of it. Work in NW area and there was a... — read more
Asking the right questions
It's good to see that people asking the right questions are getting at least some coverage in the media. Does anyone besides me remember CenturyLink giving millions of dollars in bonuses a few months ago? Now they are cutting more than 1,000 jobs!... — read more
What about all the 1st level supervisors? Why so many?
Why are there so many supervisors with only 9 to 12 employees under them? I thought it was suppose to be 30 employees per supervisor? So a 1st level supervisor who makes 80,000 or 90,000 or more to watch very few people.. so maybe this should be... — read more
Employees start reading the articles that are written on what the company plans on doing in future
https://www.fiercetelecom.com/telecom/centurylink-plans-to-spend-400m-less-2017-capex-expects-level-3-network-synergies Automation for engineers , assignors and central office techs. Too many. Contract out engineers (being done now) have the... — read more
Higher revenue, lower profit. Paying executives high bonuses... Means too many employees. Cut employees
https://www.channelpartnersonline.com/2018/05/09/post-layoff-confirmation-centurylink-reports-higher-revenue-lower-profit/
New article written that tells what’s going on at Centurylink and level 3
https://www.channele2e.com/news/centurylink-layoffs-2018-balancing-staff-cuts-big-stock-dividend-payments/ All about the money.
Bottom line, cut employees,per employee revenues rise, all about the bottom line, stock shares
With pro forma annual revenues of $26 billion, as CenturyLink expects, per-employee revenues would rise from $437,500 in 2016 to about $509,800 annually. Cutting around 1,000 jobs would boost that figure to $520,000. — Iain Morris, International... — read more
Any idea on the number so far?
The numbers we are seeing on this board indicate that it has already started to happen in multiple locations, but on a smaller scale. Is there any way to know how many of the announced 1,000+ has been let go so far? I can't stress enough how much I... — read more
Unsure who keeps posting the link to this other new site, I like the existing thelayoff.com site, trust it more.
This site I feel is more open about employees sharing what is happening to them. This other site that is trying to get people to go over is being very selective at what they are sharing on their site. You have to share your name and email, they say... — read more
is this current severance?
30 weeks pay, 26 weeks max unemployment and carry cobra insurance 8 months. found this info about severance in a thread from about a month ago. can somebody please confirm if this info is correct? if it is, it's better than i thought it would be, to... — read more
I feel sorry for those left
I agree as management side that All employees are treated poorly but cuts obliterate support of applications and fail to support much needed work. They can pay for vendor support at high cost but not for employees that did the work. It is merely to... — read more
What’s happening in Idaho, Montana, California , Idaho, and Nevada ?
Has anyone heard anything about these states? Are layoffs coming? Or packages?
Pushing automation but told it’s not to replace us?!?!
News articles are saying automation is one of the key reasons for job cuts. They are trying to push automation but tell us that it’s not to reduce headcount, wondering if we will be next!
Contractors notified being let go next month in the Western division.
What’s coming up next?
Heard South Florida had some major restructuring and consolidating done.
Does anyone have any information on what happened in Florida?