Straight from the lips of a VP, Lumen previously funded the stock dividend payments through layoffs.
Executive leadership nows says they will use that money to invest in the company instead of paying the dividend. One has to wonder, where they're going to get this investment capital from? More layoffs?
Maybe the CFO can loan us a few bucks....
https://www.mansionglobal.com/amp/articles/after-8-5-million-gut-renovationand-expansion-denver-area-home-lists-for-13-million-89cee0b6