Thread regarding Frontier Communications Corp. layoffs

Contract bad news

Since tge comoany entered an agreement with its bondholders and received $460 million in debtor-in-possession financing. will be really hard for the Union i getting anything.

with $10 billion in assets to $50 billion in liabilities, looks really bad, and continue with the sale process of its operations and assets in Washington, Oregon, Idaho, and Montana to Northwest Fiber, and will also continue services and paying its vendors.

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| 1351 views | | 3 replies (last August 25, 2020) | Reply
Post ID: @OP+16vnQiSu

3 replies (most recent on top)

To late anywhere to take a lump sum. Bankruptcy k–led that. Also the sale of the northwest was finalized a while ago. Money already spent. Probably on bonuses and lawyers.

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Post ID: @7ohp+16vnQiSu

No more lump sum ,annuity only

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Post ID: @1tcc+16vnQiSu

CA techs, you need hurry and take your lump sum

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Post ID: @snh+16vnQiSu

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