Thread regarding Lumen Technologies layoffs

Level 3 sxxxs

If we saw the ordinary directors making purchases, then yes that is saying something. But when its a struggling CEO who has led the stock price from 10 to 1 in a year ... and the CFO only ... it's dubious at best. I think those on the inside know nothing has change and its still the SOS ... lipstick on a pig. If I heard an announcement that all the boondoggle projects were being cancelled, then I would know they were serious about things. Till then, its more of doing the same things and expecting different results.

As the financial reports show, customers are leaving us in droves. Fiber is fiber. Comcast, ATT and Verizon sell the identical product. The only thing that differentiate the competitors is price and service. Quantum is simply moving from one Lumen company to another. We are not adding customers. We had a very loyal customer base. There are many more people occupying those cities and states But, most Broadband customers are leaving for another provider. The landline customers have moved on the cell phones. We are not a player. It's delusional to think we can win back customers. They were ignored for so longer and the competitors won them over.

The optimism is appreciated, the world needs more of that. Good on Kate for doing that to inspire confidence, but she needs to do better with the overwhelming amount of skeptics. Numbers and facts are required, not just the story. To the trained eye, this is dubious.

These purchases are doing exactly what was intended, proven by this writing.

I hope disillusionment does not follow, like when you see your sports team lose but you keep supporting them blindly.

Indeed, you may want to be a believer if you want to be part of feeling successful and overcome the negativity, but we all also need to check once or twice with reality and realize the years of adversity won't go away and come up with plan how to address it, starting with the selection of top leadership, which has proven so far don't have an idea of what they're doing, with my apologies, and with a lot of disregard for those who built the company with their sweat and tears.

The demand and traffic are already there, have been growing for years, in general terms, Lumen has been always late to seize the opportunity others saw coming 5 years ago.

Love to Lumen and its people, sincerely, but any day is a good day to listen to some detractors because they may have been promoters once who, sadly, saw executives fail like nothing and go home with the loot.

Peace to the 1,200 people laid off last week, look back only for the good there was, leave the negative there and bring your best feelings forward.