Thread regarding Lumen Technologies layoffs

VSP, will there be one?

I’ve heard rumors of one coming out, just wondering if anyone thinks this will happen in 2024?

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| 1871 views | | 13 replies (last September 17, 2024) | Reply
Post ID: @OP+1uekOJ8m

13 replies (most recent on top)

The person posting about all that great revenue cr--p. That's over the next 10 years. So keep jumping for joy. Lumen is tanking, anyone that doesn't see it, is blind. They should have just made improvements as CenturyLink and left well enough alone.

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Post ID: @kthz+1uekOJ8m

"Praying that there is one, because there will be layoffs."

The days of widespread layoffs are over. Stock riding high. 7B in contracts on the horizon. Enough cash flow to see the Lumen strategy through.

7 days ago by Anonymous | 4 reactions (+0/-4)
Post ID: @8hqg+1uekOJ8m
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Unless your group or the product you support isn't part of the Lumen Strategy and they just don't want to tell you until they can get it shut down or sold.

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Post ID: @fwty+1uekOJ8m

The days of widespread layoffs are over. Stock riding high. 7B in contracts on the horizon. Enough cash flow to see the Lumen strategy through.
58 minutes ago by Anonymous | 1 reaction (+0/-1)
Post ID: @8hqg+1uekOJ8m

Ahhhh, that's like saying "Some day humans will habitate Mars".
The words sound good, but reality says otherwise.

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Post ID: @8bip+1uekOJ8m

"Praying that there is one, because there will be layoffs."

The days of widespread layoffs are over. Stock riding high. 7B in contracts on the horizon. Enough cash flow to see the Lumen strategy through.

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Post ID: @8hqg+1uekOJ8m

Praying that there is one, because there will be layoffs.

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Post ID: @8ott+1uekOJ8m

Every week we are getting some email about another internal reorg or someone in the SLT leaving. Its crazy.
23 hours ago by Anonymous | 2 reactions (+2/-0)
Post ID: @6iph+1uekOJ8m

Yes. My group too is being shuffled. The bigger picture is perhaps consolidation and parts sold off. From Kate's perspective that makes sense.

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Post ID: @7kpz+1uekOJ8m

"But people are jumping ship fast and the shuffle in org chart is baffling."

Every week we are getting some email about another internal reorg or someone in the SLT leaving. Its crazy. Got word of another reorg today in the AI group.
And by the time the dust settles on the last one, they start again with another one.

Definitely a reflection of the SLT. No one can figure out what direction these groups should be going in and who can steer the ship.

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Post ID: @6iph+1uekOJ8m

It's true, no VSP any time soon. But people are jumping ship fast and the shuffle in org chart is baffling.

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Post ID: @6hcq+1uekOJ8m

I don’t foresee them offering another VSP since they offered one in March. They know who they want, or need, to see go.
In March, when they didn’t get “the number” that they were looking to boot by offering the VSP, they turned around two weeks later and booted another 660 people with severance only. If the SLT would have done the honorable thing they would have given the 660 individuals the VSP incentive. They showed zero transparency on how many people they were looking to cut, but why would they, we are just a number to them.

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Post ID: @3mlz+1uekOJ8m

I don’t see anything coming but additional work. I think they are done paying people to leave. If more cuts are needed you will only get your last paycheck.

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Post ID: @1vpx+1uekOJ8m

Just a tease!
Plain layoffs and firings are coming.

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Post ID: @1xgp+1uekOJ8m

Seems like 4th qtr they always offer one.

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Post ID: @1htj+1uekOJ8m

Better be one, they are taking my money.

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Post ID: @1tiy+1uekOJ8m

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