Thread regarding Avaya layoffs

I feel so bad for the fine, hardworking folks that spend each day in effort to be positive. They approach their job as a professional. I hope it turns out well for you. I believe the fate is in the hands of the lawyers and how greedy self serving managers will milk the paychecks. Their performance is measured on how they can replace/reduce costs of the work force to balance the bean counting. At least until there are no more beans to be counted. Then can add how great a job they did steering to the end so they can be hired for next company in need of executioner.

the execs continue to spin this BKK into a positive. look at their updated website. once again, pushing out NPS like that matters now. there aren't even any strengthens left.

Avaya is the cheapest company that I know of. They laid off 50% of workforce since the merge so they can claim the best EBITDA/operating margins sh.t.. In the nutshell that means bonus for the SOB VP to achieve their targets. However without the sale growth, the company is running aground by these nimrods and yes-men who have no clue on innovation and technology.

The ridiculous speech given by our so-called leaders yesterday was more than embarrassing. Not surprisingly, they tried to spin this is a great thing, as if all companies go through it at some point. Clueless idiots seem to think that the employees, customers and suppliers are going to applaud this decision and it will be business as usual with "no disruption". Seriously? How stupid do you have to be to actually think that it will be business as usual? Hello... we're in BANKRUPTCY. By definition, things are going to be much different. Layoffs will start at the end of January with plans to reduce the workforce by 40%. The business will contract dramatically as customers look elsewhere. Why would anyone invest in solutions - no matter how good they are - from a company with an uncertain future? Answer: They won't. GTFO of here ASAP. This company doesn't deserve the good employees who continue to support incompetent leadership and greedy investors who have systematically driven this company into the ground.

Well this is depressing..I am in the midst of an Avaya IP Office installation and now this. How could a company which inherited Nortel's huge enterprise market and customer base and have a product like the IP office which has been selling so well, incur so much debt within an 8 year period.

What does this mean for all the Avaya resellers out there? Asterisk, Elastix, 3cx?

The CEO says "He can make Avaya great again...", but this thread suggest otherwise. Time to reflect and accept things for what they are. In the last days, everything that can be shaken will be shaken..

Do someone really trust to the bulls**t executives say from years?

Agree. Huge reduction in work force already done before filing chapter 11. Also Failed in convincing potential buyers. Just imagine what's gonna happen now.

Filing Chapter 11 also has pros and cons. One benefit is that the company typically continues operating after bankruptcy in a strengthened financial position. Companies can often stop the bankruptcy court from selling assets that the company needs to conduct business. In addition, the court does not assign a trustee. However, the process can be complex and lengthy, taking years to resolve and repay all the debts. This can also make Chapter 11 expensive. In addition, a company has 120 days to submit a reorganization plan to return the company to profitability. Often, it is difficult for the owners that led the company into bankruptcy to effectively craft a plan to get out of it.

Can our leaders craft out a restructuring plan? They have already tried all the possible ways and already reduced 50% employees company wide. We are approximately 9000 now. What will happen after further decrease?

These question should be asked to all the management. They just keep repeating the same thing about the future of the company. And honestly I have stopped listening their talks. There is no need to crib here or in front of managers. Just take some time off and think about your future.