These posts are more fear mongering than any company
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Will Avaya associates get paid their bonus this year I wonder.
Um, i heard they're screwed. My best friend’s sister’s boyfriend’s brother’s girlfriend heard from this guy who knows this kid who’s going with the girl who saw Alan at 31 Flavors last night. I guess it’s pretty serious. He said he has to layoff 7900 people so he can get his 4 million sign up bonus.
The LAWYERS WINtge internet today! Ha. So, bully avaya middle management...you created this thread to encourage the lawyers to correct you about fact vs fiction. Mic Drop (and not that mini phallic one the selfie obsessed narcassist spokesperson uses)
The investigation concerns whether Avaya violated federal securities laws.
On June 27, 2022, Avaya announced $600 million in aggregate financing commitments, including $350 million of new Senior Secured Term Loans and $250 million of Exchangeable Senior Secured Notes. The Company’s management claimed that “[t]his funding supports and accelerates our business model transformation.” Then, on July 28, 2022, Avaya announced the termination of its Chief Executive Officer James M. Chirico, Jr. The Company also announced preliminary Q3 2022 financial results that included expected revenues and adjusted EBITDA well below previously given guidance and an unquantified but “significant” impairment charge. In addition, Avaya withdrew its 2022 guidance. On this news, Avaya’s stock price fell $1.19 per share, or 56.99%, to close at $0.90 per share on July 29, 2022. Finally, on August 9, 2022, Avaya announced that: (1) it determined there was substantial doubt about its ability to continue as a going concern; (2) it would not timely file its financial statements for the quarter ended June 30, 2022; (3) its Audit Committee commenced internal investigations into circumstances surrounding the Company’s financial results for the quarter; and (4) the Audit Committee also commenced an investigation into matters raised by a whistleblower. On this news, Avaya’s stock price fell $0.51 per share, or 45.54%, to close at $0.61 per share on August 9, 2022.
If you are aware of any facts relating to this investigation or purchased Avaya shares, you can assist this investigation. You can also contact Peretz Bronstein or law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
So says Chief MONGERING Officer, CMO!
Rumors? Have you bothered to fact-check the details of the information provided on this site? If you bother to check, you will find that much of the information provided is factual. You can quickly fact-check by speaking with Avaya partners, customers, and analysts to verify the truth, gain additional insight and clarify information that Avaya has been releasing to the public. The only rumor you should be concerned with is that you are part of the 1600 heads to be let go in the next few weeks.
Still better than amazon
Oh, Sh--e! You are one for the books, as they say.
Your objective, precisely? This is just more of that Avaya-Known Sm--k, "Look there, NOT HERE". Yet you are making people look to the kind, hard working, innocent who supported you all in supporting the con. Yet we all know what you are after. Make fun of the innocent as they are the ones asking the new leader to LOOK AT YOU for allowing this to get to this point I hope ye can live with yerself.
Ha!
They are more truthful than anything marketing or the C-Suite shared over the past 3 years!
He-l, go back and look at the posts in April and March. They were SPOT ON!
Why do you want to intimidate employees who are empowering themselves and supporting one another?