Thread regarding Avaya layoffs

Today's Quiz

Alan's own words (Sept 2022)

How many lies can you count?

"Well, I think the first thing is I want to get this financial situation behind us. What does that mean? So I want to get a clean 10k filed. Now people say, Why in the world? Are you talking about the audit report, but the reality is, you know, we’re September 30, fiscal year end, we file our 10k. And in November, I want that to be a clean 10k. Because a clean 10k will mean by definition, that all this financial noise is behind us, because it’ll mean that we’ve demonstrated to our auditors that we’ve got a fully funded business plan, that we’ve got these investigations behind us, and that we’ve got global peace with our lenders. We’re working very hard on those things. And when I’ve said to all my partners, customers, prospects employees is that gives us the ability to literally turn the page on this period of financial upset and just focus on the execution the way I’ve described it. What’s the product strategy? What’s the organizational strategy? How do we create a destination place to work? We’re still focused on product and organizational, we’re just having to be distracted by this period of financial upset. But the end of November, you know, we’ll be here soon. So that’s my hope. That’s what we’re working towards."

by
| 1601 views | | 4 replies (last December 16, 2023) | Reply
Post ID: @OP+1q5iopyR

4 replies (most recent on top)

In the spirit of transparency to help Avaya move on from the 'distraction of financial upset' by sharing the names of the '...1000's of new customers' who despite a 2nd Ch11 and constant uncertainty, still chose to award their business to Avaya...
Oh wait... Avaya's definition of a 'new customer' is probably an existing customer license add/renewal... What happened to the much vaunted and anticipated billion dollar deals?

by
| | Reply
Post ID: @1uti+1q5iopyR

I’ve created an AIP program that we are going to hit and guarantee your payout! 1.6 B revenue target gets full pay out….yet revenue is shrinking and there’s no way in he-l we will hit that…I’d love to tell you about challenges we face, but i don’t have to, we are private….i’ll just keep having open and transparent chats with you.

by
| | Reply
Post ID: @1kbq+1q5iopyR

Once again... https://youtu.be/q4PhzTwSP8A?si=E4_OuFXn5MAHEEb6

by
| | Reply
Post ID: @kay+1q5iopyR

"I'm not asking you to do more with less. I'm not asking you to do the same with less. I'm asking you to do less with less."

"Do I think chapter 11 is in the offing? I do not. Do I think we have adequate liquidity, I do."

by
| | Reply
Post ID: @jae+1q5iopyR

Post a reply

: