Anything on layoffs given millions are losing jobs ?
22 replies (most recent on top)
“We are the largest provider of SDWan and next generation broadband solutions over our next generation network. No layoffs anytime soon.”
No That’s just not true.
Lies, lies and more lies. Apparently you have been dippin into the Kool Aid. Believe whatever you want - if it let's you sleep at night. But just keep bankin those paychecks, cuz you KNOW what's coming.....
Amen, layoffs are done!
My mgr out of Dalton told me we are finally SAFE, and SB out of twinsburg backed him up!
Last month a group of people were told they are getting laid-off Oct 1. They were given severance and a retention bonus. Probably aligns with more layoffs that date. They aren’t being kept but expected to train other people to now do it that will take over. This only makes my job and others more difficult because they are just warm bodies to keep customer money coming in and not take care of them. But the replacement manager is a narcissistic know it all that fits perfect in their new world order. So makes perfect sense.
With everyone working remote we won't have the normal office chatter around the water cooler. Our office is closed for another month, it's wait and see right now.
Only heard of one person getting laid off today. They are lazy POS tho. Dont know if its a layoff
Tomorrow
Not sure. Seems obvious though that the only way Windstream can be the largest SD-WAN provider in the country is because other companies aren't looking at it aggressively. Probably because they see the long term profitability issues. Unless you think WIN management has a proven track record of making great decisions and everyone else is wrong...that's obvious a joke.
didn't they destroy the sdwan tiger team?
SD-WAN will prove to be a loser product offering from a profitability perspective. It works over data services with margins that will always decline. Higher speeds for less money, that's broadband. The companies who are buying SD-WAN solutions from WIN have almost no up-sale value on existing service and will not upgrade to another access technology any time soon. Any hopes of hanging WIN's future on this product are misplaced.
@ ILEC user
In markets such as yours WIN is dependent on UNIT for transport.
For the rest of the CLEC markets they have to buy transport from
the local ILEC (Type 2 circuits). In most cases the cost of local transport
exceed any revenue on that customer. This is why they are selling SDWAN
as 4G and Cable.
Along with all of those old networks there is the back office and staff to support it. It's expensive overhead to run a dead business.
I don't know who would buy us just for our customer base?
The SD WAN and UCaaS business are just resold services we are just an MSP at this point.
I worked for a CLEC that Windstream bought years ago, we never cut any fiber onto windstream/uniti fiber, everything was left on Crown Castle, Verizon, Century Link, etc.....all we did is turn up an unprotected OC48 to get our DS3s onto WIN transport where possible, but no fiber was migrated. We have 4 Central Offices within 2mi of one another, we never shut down ANY CLEC CO to reduce costs. We have a CO running with no actual customers served out of it after all the disconnects, just transport traffic passes thru the site. I have never seen a company waste money like this, its insane.
If they weren't planned before they will be soon. The effect on small and medium businesses is irreparable. Many of them will not recover from this pandemic. $ go bye bye for them and Windstream.
@3rdk+14wTtY9l / Octopus
How much of the CLEC uses Windstream / Uniti fiber (vs. leasing from another carrier)?
Where Windstream / Uniti uses its own fiber, would that link would any value to someone else (yes, Uniti owns it but Windstream's lease of that fiber pair might be worth something).
That said, I think maybe the current proposal on the table has Windstream giving up exclusivity on the dark fibers in the cables it rents from Unit for the CLEC. It would still retain exclusive use for the ILEC's cables. If so, that would reduce the value of taking over Windstream's CLEC pairs.
Would any of the customer contracts be worth something?
Also, depending on lease and contract terms, the potential assets assets may be not be transferable / salable in the event you liquidate the CLEC.
Finally, even if you could sell those assets, they might not be worth the aggravation for someone to buy.
Overall, the CLEC still sounds like Baltic and Mediterranean on a Monopoly board.
PS, is the SD-WAN business worth anything?
What does a buyer get when they buy a failed CLEC network?
A bunch of TDM switching centers? Old transport networks?
End of life IP gear?
Who would want to buy that?
If they did how much would they pay ? Pennies on the dollar?
I think we are past a sale. A lot of this Network is going to be abandoned in place.
Executives will use COVID as an excuse.
You heard? Well I really trust that.
I hear CLEC is going to get crushed with them over next two years and we are frantically trying to find a buyer for the failed CLEC side.
So layoffs are done - that's really funny. What planet do you live on? Good Luck
I found out today my Director got laid off a few weeks ago lol. Never met him or spoke to him, been working here 8yrs.
Q1 books are closed and bankruptcy isn't completed yet
I would expect something in June or July.
Our consultants are going to say to sell off assets and let people go.
We are a software company why do we need a network.
I sit out of the twinsburg station, work for director SB, she said layoffs are DONE!
No