Thread regarding Avaya layoffs

The purchase of Nortel Enterprise in 2009 was a steal that paid for itself after 28 months of ongoing Avaya Blue sales. Its nothing to do with the unsustainable $6B debt-load. It is also the source for about 30% of Avaya total services revenue and growing. There is almost no Nortel senior management still existing inside Avaya.

if i understand correctly the main debt (4 billions ) comes from our own acquisition by tpg/silverlake

that is what it is ,; the target of acquisition is paying for its own acquisition

this is called; i believe leveraged buy-out

add one for nortel ..

doing the math, avaya has 6billion in debt, they paid nearly 1 billion for nortel- assume they didnt buy nortel enterprise, I doubt a debt of 5 billlion would make a real difference to the final outcome. even assuming the distractions of the nortel products weren't around and avaya actually was able to develop a competitive product to rival genesys etc. I'm beginning to think that no takeover/business decision could have solved the huge debt problem... the company had just borrowed too much. Just like a bad mortgage- a really bad one.

Acquiring Nortel entreprise ??

that certainly was proven to be a serious mistake; specially in regards cost ...

Keeping far too many managers aka ''leadership'' from this company with such 'failing proven record' was peculiar; i admit

would you really want commanders of the bridge for the TITANIC to rudder another ship ?

that s what happened ...

in addition,

the avaya own leaders were also as bad as the nortel ones (look a bit at kk)

have a look to their business decisions ..

so with such leaders bound together as a gang , then one can only expect another major sinking with a lot of casualties ...

Love me some Nortel member berries! Should have stayed far away from that company. Their Canadian technology and leadership has now destroyed 2 companies.

spot the bitter ex nortel guy