Thread regarding Lumen Technologies layoffs

What's the next move to cut costs?

What else can be sold off or eliminated?

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| 1421 views | | 9 replies (last March 18, 2024) | Reply
Post ID: @OP+1rs1Bp5g

9 replies (most recent on top)

we can't dispose of APAC, well, it's worth nothing as it's all leased fiber, we do have kit on the DC's but that's about it, so there is no asset to sell as such.

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Post ID: @9xim+1rs1Bp5g

Do we actually own many assets in APAC?

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Post ID: @1ico+1rs1Bp5g

If they get rid of STI will be the end of many here with no pay raises that is only saving grace

Also still lot of useless employees in company can take days to get response in most mundane tasks

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Post ID: @1ldv+1rs1Bp5g

Surprised APAC hasn't been sold off already. It must be a complete basket case.

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Post ID: @1sry+1rs1Bp5g

10k STI for 29000 employees is 290 million!

I'm sure there are a bunch of folks making way more than 10k each.
So 290 million is probably low.

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Post ID: @1pjv+1rs1Bp5g

Elimination of STI would save a ton of dollars. The result, would be a huge wave of resignations. A win/win for the evil company.

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Post ID: @1eew+1rs1Bp5g

APAC

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Post ID: @bfq+1rs1Bp5g

Only way to cut cost is to eliminate head count.

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Post ID: @cga+1rs1Bp5g

Montana stopped all call outs on weekends and weeknights. Only COT’s are on callout Saturdays. This will “save” 2 million

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Post ID: @xkc+1rs1Bp5g

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