Thread regarding CenturyLink layoffs

Bottom line, cut employees,per employee revenues rise, all about the bottom line, stock shares

With pro forma annual revenues of $26 billion, as CenturyLink expects, per-employee revenues would rise from $437,500 in 2016 to about $509,800 annually. Cutting around 1,000 jobs would boost that figure to $520,000.

— Iain Morris, International Editor, Light Reading

https://www.lightreading.com/automation/automation-manda-lead-to-1000-job-losses-at-centurylink/d/d-id/742838?_mc=RSS_LR_EDT

by
| 831 views | | 3 replies (last May 19, 2018) | Reply
Post ID: @OP+T7Uh0rx

3 replies (most recent on top)

hmm maybe if they stop paying bonuses, shares, and padding salaries to the whole executive branch that number would rise, or are they not considered employees ?

by
| | Reply
Post ID: @8lev+T7Uh0rx

@ T7Uh0rx-qpi than quit!

by
| | Reply
Post ID: @1dmu+T7Uh0rx

At&t's Revenue per employee fell on trailing twelve months basis to $ 657,930 but remained above company average.

Our revenue per employee is too low. Att is higher than us. Centurylink needs to get that number higher.

by
| | Reply
Post ID: @qpi+T7Uh0rx

Post a reply

: