Thread regarding Dish Network layoffs

Multiple Layoffs Every Year - Yet, Under WARN Treshold

Dish is getting away from their core business, but it is because of the mature paid TV market. DISH is currently in preservation mode, and smart home services (solar, home automation, etc) is just an attempt to diversify the business to stay alive.

DISH has had several layoffs throughout the year, cconveniently they kept the numbers under 500 each time to get around the WARN act.

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| 2161 views | | 2 replies (last March 20, 2018) | Reply
Post ID: @OP+P1AgBFo

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True. They are hiding layoffs.

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Post ID: @3goql+P1AgBFo

Yet we knocked it out of park today... Wait. Nooooooo...

Dish Network Corp. (DISH $44) reported Q4 earnings-per-share (EPS) of $2.64, including a $1.2 billion benefit resulting from the Tax Cuts and Jobs Act (TCJA), which more than offset a charge related to asset impairments. The items appear to be impacting the comparability to the FactSet estimate of $0.55. Revenues declined 7.2% year-over-year (y/y) to $3.5 billion, roughly in line with expectations. Shares are lower.

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Post ID: @2Pbms+P1AgBFo

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