Anyone think layoffs will be announced after the Q1 earnings call like companies are known to do? Still lots of questions on the future and how the company will look. Not sure if a merger reorg/reconstruction has been done yet with the being different brands. There was mention on articles about cutting 1 billion dollars of operating costs to help fund the future. Not sure if that has been confirmed yet or still on going. Lots of questions to be answered in the earnings call.
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Does DISH offer REMOTE work? I don't think layoffs will happen soon. No one answered a layoff question on the Q1 call. DISH is the best.
Seems like no news on layoffs on the earnings call. I do not recall answers on layoffs during the q1 call. Maybe missed something.
Things keep getting worse for Charlie and Company -- https://www.satellitetoday.com/finance/2024/05/08/echostar-continues-to-shed-subscribers-amid-cash-crunch-analyst-predicts-bankruptcy/
Any new news or updates from the earnings call?
Were the layoffs so far in 2024 part of the 1 billion cost saving plan? It is unclear if that plan has been done yet or not. No recent articles or announcements.
Not sure if it was announced if they already did the 1 billion cost plan yet.
They said in the Q4 earnings call that they were planning on cutting $1 billion in operating costs this year. They also said in a previous ATM that there could be more layoffs, though not in that simple of terms. Plan on more layoffs coming each quarter, as well as some in between quarters. Dish can't raise money so they need to continue to cut people. Nobody is safe.
Wednesday May 8
Still no Q1 call date.