Thread regarding Windstream Corp. layoffs

Its official Windstream/Uniti

https://www.globenewswire.com/news-release/2024/05/03/2875024/35697/en/Uniti-to-Merge-with-Windstream-Creating-Premier-Insurgent-Fiber-Provider.html

Getting the band back together.
I hope they clea. House.

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| 1541 views | | 8 replies (last May 5, 2024) | Reply
Post ID: @OP+1slcFROB

8 replies (most recent on top)

big payday for you know who but not us .. we're lucky to have a job and be alive lol

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Post ID: @2ngp+1slcFROB

Trapping Value "With that, the dividend is likely to go to zero as well. We don't have the finer details on Windstream's financials, but they are not going for this because their business is booming, and they want to share the largesse with UNIT shareholders. We continue to rate UNIT a Sell."

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Post ID: @ryr+1slcFROB

Uniti shares fell 20% today. Interesting...
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Uniti also announced their Q1 2024 results today and they did not meet analyst's expectations.

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Post ID: @gwv+1slcFROB

Uniti shares fell 20% today. Interesting...

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Post ID: @muu+1slcFROB

There is no such thing as safe here. It's foolish to think you're safe, given the stealth layoffs on an almost monthly basis for a few years now.

Post-merger, it's likely to be more of the same. There will be increased pressures for financial performance so we can sell Uniti to another outfit.

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Post ID: @ydu+1slcFROB

Won’t happen to mid 2025 or so, that mean everyone is safe until?

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Post ID: @jiy+1slcFROB

Interesting to read between the lines.

Clearly, Sunu took the helm to facilitate the merger. Once complete, he's gone.

Uniti is a smaller company, but we're keeping that name because it's a publicly traded company.

Sounds like some of the top heaviness might be getting shed for a change.

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Post ID: @sel+1slcFROB

Lmao being led by yet another crook. Why not bring TT back?

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Post ID: @bdx+1slcFROB

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