Thread regarding Altice USA (Cablevision) layoffs

ATUS Earnings Announce... ATUS announced quarterly earnings of $0.03 per share, missing expectations by 57%.

If you have any VPs you are friends with you might want to say your goodbyes sooner rather than later because next week there will be a whole new crew in those roles. The better part of a decade in with these clowns and they are no closer to running a successful business than they were in day one.

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| 871 views | | 6 replies (last August 17, 2024) | Reply
Post ID: @OP+1tNcdSpY

6 replies (most recent on top)

Pay close attention. They've started to eat their own. What could go wrong when you have people at the top living hundreds if not thousands of miles away from the customer and employee base?

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Post ID: @ghwq+1tNcdSpY

14 days have gone by and they’ve all still got there jobs.

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Post ID: @ejnm+1tNcdSpY

Executive leadership, the decision makers in NY are masters at deflecting and shifting blame. Remember these people were handed a successful and profitable company 8 years ago with employees, procedures and protocols in place that were producing sustained positive growth, all they had to do was continue on with that way of doing business. But their egos could never let that happen. They are legends in their own minds and thus had to remake everything in their image. Well to them I say CONGRATULATIONS because they have definitely remade this company in their image. A complete and utter failure in every respect. But it is the fault of the employees, those who actually built this company with their own hands because the employees are not bright enough to catch on to their way of doing business. Executive leadership are clowns, inept bumbling clowns and the entire world knows it.

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Post ID: @4cqf+1tNcdSpY

Place is just full of losers I don’t know how anyone sleeps at night with a family working here it’s done

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Post ID: @2mwf+1tNcdSpY

The Altice business model does not work, it’s as simple as that.

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Post ID: @gfr+1tNcdSpY

Declining revenues and subscribers in the core business. Relentless competition, with many of the new fiber overbuilders preying on Altice USA footprint because of how poorly it preforms. A new group of management will be brought in soon. HR will break out their 9-Box exercise and rate everyone. That poor fella who they hired 2 years ago that was a high performer last year will get wiped out very soon...while HR keeps whistling dixie and taking their paychecks. The same HR people have been driving this bus into a ditch since 2016...

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Post ID: @frv+1tNcdSpY

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