Around 100 internal customer service agents were laid off last week. Folks that were with the company for decades. Customer Service is now close to 100% being outsourced if not there already.
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Laying me off was the best thing that ever happened…feel sorry for those who are still working at this shithole.
@ew they do this to mock the workers that actually work and pay attention
When the dust settles and this wreck of a company is out of business the top tier execs will leave with 7 figure packages and move on to another exec role where they will destroy yet another company.
A money laundering scheme that would make the dr-g cartels proud.
4 million plus to keep hiding the bodies through bankruptcy.
Inflation 25 percent
Gas up 46 percent in a month.
Last raise: 3%
Optimum Communications Announces Executive Leadership Transition Plan
Story Highlights
Michael E. Olsen will transition from EVP and General Counsel in 2026, then retire in 2027.
A detailed transition agreement grants Olsen retention pay, continued incentives and protections through 2027.
Optimum Communications Inc. Class A announced that Executive Vice President, General Counsel and Chief Corporate Responsibility Officer Michael E. Olsen will step down from his current role effective October 1, 2026, or earlier upon appointment of a successor, and will serve as Senior Executive Counsel, Capital Transformation until his retirement on December 31, 2027, under a Transition, Retention and Retirement Agreement dated April 1, 2026. The agreement grants Olsen a $3,575,000 retention payment fully earned at retirement, continued salary, benefits and long-term incentive vesting through 2027, and specified protections and severance-style benefits in the event of a qualifying termination, underscoring a structured leadership transition and continuity in legal and capital transformation oversight during the multi‑year handover period.
This is what they do they made sure they paid themselves , stole from the shareholders outsource labor to stay somewhat solvent , in the end they will walk away with millions
@bw Bloom India… Right??? 😂😂
On the plus side, that is 100 more jobs outsourced to India. I’m so happy to see American jobs and their money used to help non American countries and their people.