Thread regarding CenturyLink layoffs

Excellent read

No more PRISM or Centurylink stream that was a OTT video platform. Writing is on the wall and I'll explain how. Since the merger Centurylink is no longer reselling Verizon, but just last year the CEO spoke on the merger and stated reselling Verizon was profitable. But that changed even though it was profitable? Hmmm. Part of the Synergies of the merger is going to be workforce reduction. Making the decision to stop selling PRISM is an easy way to cut jobs to look more profitable. Remember Level 3 did not deal with residential side, only business. That's why it is suffering and going down hill. Jeff, the soon to be CEO has no interest in that area of business, it's a cost to him. So, to make it look like CTL is upgrading the network by showing faster speeds, is done like this... When u stop selling PRISM and resell the DTV you know can get that customer faster data speeds, because the PRISM using most of data for tv. So now when they cancel they turn around upgrade their speed. So, the company is giving double the sale awards for DTV. They are basically encouraging it's employees to sell the DTv, reduce the prism so jobs can be reduced. They are basically having the employees selling a product that could lead to not needing PRISM department and now you sold your way to unemployment. No bonus, no merit raises, and synergy incentives. Plus after this lawsuit CTL is going to be like frontier and file bankruptcy in the next few years. Get out now and let them keep outsourcing your job. It's happening you can see by the morale and no upgrading of residential customers other than to trick stock holders by increasing hsi speeds by reducing PRISM to look like CAF addictions. The name will be changed once all the dust settles. The CenturyLink name is ruined...watch and see.

This was posted by @S0J5kwh-2osm. Hit the nail on the head, thought it deserved its own thread.

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| 1662 views | | 6 replies (last March 17, 2018) | Reply
Post ID: @OP+S4bw7vM

6 replies (most recent on top)

Sounds like a way to milk cash out of an expensive, labor- & capital-intensive business. If the lines are that bad, not worth continuing.

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Post ID: @aczo+S4bw7vM

Centurylink is no longer fixing residential cable. If your lines go bad your service gets disqualified. The company will look like it's doing better than it ever has.Use up all of the facilities. All capital no expense cost, and then sell the copper to a smaller clec company. Rent the fiber out. Your right on with the prism and streaming apps. Cut out half the work and it justifies laying off hard working technicians.

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Post ID: @9sfn+S4bw7vM

Agree, so much truth in this post. Yes business is main goal. Nothing wrong with it, but that's not an excuse to ignore the residential side. Not fair to employees or customers, letting it fail is wrong. If CenturyLink shows it only about business then make it business only and don't even have residential on your portfolio.

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Post ID: @2taz+S4bw7vM

It's only the beginning of a long slow death of a large telecom . Restructuring , mergers, acquisitions , selling assets and as,always layoffs. Yes the name will change again but until Jeff story gets his golden parachute it Will all be smoke and mirrors for the shareholders,.

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Post ID: @1sfq+S4bw7vM

Read the Q4 2017 earnings presentation on the investor relations site. They show business is 74% revenue. Wasn't that the goal, to grow this part of the business?

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Post ID: @1mjx+S4bw7vM

Seems like that is more profitable, more cash for the company. Isn't that best for shareholders?

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Post ID: @1qmn+S4bw7vM

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