I found this response from the post titled "R2 layoff chatter is fake news" from earlier today
"@OP I was in Finance. Until they asked me to move to BR, then offered me the standard year buyout since I decided not to move to the armpit of the world (that information should tell you my level.)
There is another five-figure layoff coming about a month post consolidation. Then ~5k in Q4 again. That was plan A. Plan B was ~5k now, and five-figure in Q4, depending on how well QAM-less TV goes (how many onshore engineers they need to fix things) and how quickly/easily Frontier comes online.
Don't forget the 6k heads from Starry, as well, that'll be coming in April. Which will not be profitable, and will fold like a cr-ppy pair of BlueJeans. Or the brilliant Lowell acquisitions of AOL and Yahoo.
Target HC (the key metric for layoffs) is ~78,500 heads.
I just accepted an offer with a growing company (more money, but have to be in office; can't be perfect, I guess.) Cashed out my (frozen, small) pension and stock together awards to an IRA, with stocks that actually perform.
I enjoyed the semi-continuous axe swinging for my 26y, made good money (but not great, after testing the market), left with a fat check to go make more elsewhere.
Telecom has become a race to the bottom. That'll necessitate less HC, lower salaries, and smaller businesses. You're going to see more reductions, with a far smaller RIF package in the future. I worked through the BCs. It's coming.
Couldn't be happier to be out..."