Thread regarding Avaya layoffs

Fake message no layoffs intended

Is it over now?

No

Now, this sounds like We have ".. Left Bankruptcy Behind for a ‘Bed of Roses’ " 🌹

This post got a chord. Note the views and that it was "shared"6 times. Guess truth creates alarm. Sigh

I'm in the US and I agree with the transparent comments on here.
You can't slash and burn and expect to achieve the goal.
This does sound 100% like a spreadsheet management consulting exercise that overlooks serious revenue implications.

Not necessarily a fan of the style of Avaya International leadership...

Yet it is FACTUALLY INACCURATE to blame them for the negative revenue Subscription Era that led to BK

Top Contenders Accountable for Subscription Sham

• Kieran McGrath, ex CFO who convinced CEO (his trusted buddy from earlier in career) that the "subscription" aspiration game is what will inflate Avaya's precieved value to attract a buyer for a big pay day. This was a short-sided strategy for many reasons, including the ignorant greed that led them to ride the first COVID wave and pass on actual viable buyers.

Lightening ⚡Doesn't Strike Twice. Keirnan pulled this stunt when he was able to sell CA to Broadcom for $19b on the "promise of subscriptions". Broadcom, on the other hand, was willing to $$ ovepay for a dud because their acquisition of Brocade was held up due to Broadcom being Chinese-based at time & Brocade having significant US Gov contracts. This, it was a one-hit wonder transaction that could never be repeated (See deal here: https://www.theregister.com/2018/07/12/broadcom_ca_technologies/). Note headline "*Weirdest. Acquisition. Ever. Broadcom buys CA Technologies
$19bn to meld chipmaker and software museum into mission-critical amalgam*".

• ..."Kieran McGrath told analysts CA was moving to strengthen the subscription business in its enterprise segment",
• ...."In 2019, CA expects its shift away from enterprise perpetual licenses to SaaS and cloud models to bear enough fruit to justify reporting them as a discrete line item". NOTE -McGrath sold them a not yet realized promise. Terrible due diligence on part of Broadcom

• So McGrath set-the-stage, and the stooges all lined up as dutiful solders to execute the plan all based on the promise of a big pay day to pad their individual pockets. Cast of characters including FC/DP (not to bring back some nightmares). And Avaya still has many of these stooges who morph into following any new leader and strategy. Lots of stepford land leaders.

• ST capitalized on this smoke-&-mirrors, bait-&-switch game. She used it to cover up the non-existent cloud offering she was falsely claiming was real while simultaneously declaring the reason no one was buying cloud is because every sales team was "stupid", every customer was "d-mb" and every channel partner was "incapable". ST always takes her own victory laps while dismissing everyone who actually does the real work. It's her specialty.

• McGrath/Chirico (CFO/CEO) were collecting accolades from the Paid off Industry Analysts for their false reporting of "significant cloud growth" because not one analyst or paid off trade-rag journalist actually ANALYZED the facts to disclose that the #s were false and being manipulated via the very forgiving subscription economy ARR accounting rules . Signing an existing client to subscription does NOT EQUAL Cloud. Also, that doesn't "ADD" a new client, despite the fan fare claiming such and double reporting 1 client multiple times.

(See this false spinning, notable per this bizarre placement that coincided with CEO needing to borrow the fateful $$ that led to Apollo being able to buy into the loans to stage the eventual takeover : https://www.crn.com/news/networking/record-avaya-onecloud-arr-new-partnerships-are-growing-ccaas-opportunities-for-the-channel)😊😂😊 You can laugh or cry reading that BS!

And then this one where the analyst claims Avayas earnings miss was just a little hiccup, but cloud growth was strong No. It did not age well.: https://zkresearch.com/avaya-shares-fall-on-disappointing-earnings-and-guidance-but-cloud-shift-advances/

Smoke and mirrors - it was Avaya International and it’s incompetent leadership that got us to the 2nd bankruptcy with their ridiculous 90% discount subs deals.

Help me understand.

• Avaya International was NOT part of Chapter 11. In fact, I believe CEOs words were it's "thriving" (well documented by the Avaya paod-off Analysts articles at the time of bankruptcy
• So then, WHY/HOW is it now that Avaya is going to pretty much eliminate most of Avaya International?

• And HOW/WHY is a toxic employee who has only failed at ever turn suddenly a VIP who is making these fateful decisions?

Sounds to me this is B School consultants (Bain) just dialing it in to claim "Strategy" when I fact they are just LAZY and populating a spreadsheet to get to their goal. And ST who has no depth to guide or coach them is just following their lead!

Good 'ol Shefali Shah always leaves a path of destruction.

How could they not? Think about it...the posts that began in March 2022 gave Apollo the information they needed to stage the layered takeover attempt and gave the BoD the insight they needed to hire AM to attempt to salvage the situation & the subscription negative math.

If you compare Avaya 'Official' Statements vs Avaya Layoff dot com Posts", the Layoff dot com posts WIN* in a landslide regarding proven accuracy and forecasting. Far and away accurate leader!

I really really hope and pray that the chairman of the board of directors checks out thelayoff every day or so.

Avaya LOVES to donate accounts and customers. That’s what we do best.

This the announcement when ONE of the Founders Stepped down. Within 15 months of being acquired.

https://edify.cx/blog/evolution-at-edify

And then the other founder also departed.

It's so obvious yet none of us want to speak about it...

So the 35 or so engineers acquired through Edify will be more productive than the 100s of Avaya engineers laid off around the world . How can people be so naieve to believe they have output > 100s of equally experienced engineers. Actually assume they are smart and will jump ship before they are laid off . Best case their technology may improve one step in a contact flow. It probably won’t scale or have open APIs to enable integration with AXp. You can fool some of the people all of the time but ….

Here in Cala, the whole region will be reduced to 11 account managers and 1 sales leader. It is weird why we are doing this to our business

2000?????From 6000 today????? Is this a 8 q transformation or is it going to be an 80 q ??????

Surprised? Don’t be.This was the plan from Day 1.

Ever since AM stepped walked in the door, his plan was simple: a US-focused company. At best, 2000 employees, probably less. This means that the layoffs, redundancies, and role eliminations will keep going on for 2 more years, probably will even accelerate as the revenue will continue dropping well below the 700M USD.

But hey, who cares right? He’s facking off in September when his “ 8 quarter transformation is over”. 10M already in the pocket, another 20 or 30M when he hands it over to ML and co.

Happy days ahead, boys and girls. Hang in there tight

your variables are ST….coincidence?

The physics equation for a falling rock is S = 1/2 at^2, where S is the distance, a is the acceleration due to gravity (9.8 m/sec^2), and t is the time. You can rearrange the equation to set t= function of S and a, and solve it that way: t= √(2S/a).

This will stop when the rock hits "rock bottom" (pun intended), so too will the layoffs stop.