There is no plan for this company. The "darkness before the dawn theory", will not work here. Sell off assets, real estate, eliminate the dividend, fire employees and let the stock fall below $1 will allow this company to become...what? Money generating? So we can buy more property, expand our footprint, offer a dividend and hire more staff? Hey Kate, what is the goal of this company?! Revenue is not growing, hence the stock drop, and as an employee I have no idea if typing on my keyboard 8-10 hours a day is making Kate happy up there. By the way, I need a new Dare to Lead book. My pages are all stuck together. I've been watching too many Kate videos on inside link.
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All doomed I’m so glad I left on the last VSPP on Sept 2021, started a new venture when back to school and graduated from WGU with a BS in Cybersecurity and Information Assurance, got me 15 certifications in IT and Cybersecurity and got promoted from my current telecom company as a fiber field technician to Network Engineer on top of that now making over $120k way way more than what I got from CTL as a Broadband Technician, make the change leave it’s so much greener than what people think. Just do it I know I did and kept my focus to better myself and my family
Face it, the "North Star" has become a black hole!!
Kate needs to be pushed out by the board. They need to terminate all active capex. The layoffs can't just be 4% -- more like 25%. The house is on fire and her plan is to spend on marketing and outsource a couple of jobs? My advice is if you're at this company -- LEAVE! The company is circling bankruptcy with the interest rates they're going to pay. A damn shame to see a company like this go under but that's what happens when the company takes on debt and pays out dividends instead of paying back the principal on the debt. This stock is at a real risk of being delisted. Seems that institutions are dumping this stock as fast they can.
Garbage company! These buffoons are all clueless and live in a bubble!