7 Weeks into Q1 for 2020 and we are not doing any better.
I am hearing Mid march for round 2. Get your resume / LinkedIn up to date again. We will be competing with everyone that was let go in round 1.
Without using that revolving credit facility of $500M I don't see us lasting too much longer.
Posted by @ovg+13BdYJwq.
No way TT and crew are staying no way!
The layoffs have been swift and deep for 3yrs, where have you been? And I am hearing Tony isnt going anywhere. He brings the company out of chapter 11 and he stays as long as he wants to. And the plans is to have the TDM network shutdown in 3yrs, they capped any sale or contract renewal of TDM services in 2019, CLEC side of the business will be hit with constant layoffs over these next 3yrs
@Little Rock crack rock
We run a Billion dollar CLEC network making a few million. We lost $3B on paper last year
including the cost of restructuring. Our monthly revenue is about $50M short of our OPEX.
Something big has to change, it's not going to be "A little restructuring on top"
And then come mid March you will say you are hearing end of March. And then mid April, end of April, May,June etc. It’s all BS they will exit BK do a little restructuring at the top. New management will be put in place, evaluate the status and direction for the future and begin making some changes. None will be swift or deep.