Scary when Frontier - which is still financially teetering on the edge of bankruptcy - looks way better right now than the remnants of what used to be called Windstream. I bet Frontier will eventually buy certain parts of Windstream, but not the POTS... — read more
Perhaps a Go Fund me page for employees
Perhaps starting a Go Fund me page for windstream employees that have not had a raise in years is needed. This should embarrass the Leadership, the BoD and the judge and also provide the needed visibility to the public on their immoral behavior.
Are layoffs still ongoing?
I know that they didn’t go for big formal announces layoffs, but are laying of through a longer period of time. We felt that at my location, as well, but for a couple of weeks layoffs stopped happening at my location. Have they stopped for awhile... — read more
Great article on the bankruptcy
Interesting read. No holding back. https://www.channelpartnersonline.com/gallery/windstream-bankruptcy-the-channel-saga-unfolds/
Flood the judge with mail
I think all of us should flood Judge Drain with mail. It probably won't do anything, but I still think he should hear from US, ALL OF US, instead of simply hearing from our heartless, hapless, greedy executives. Judge Robert D. Drain U.S. Bankruptcy... — read more
Windstream's operating results for March as reported to the court
http://www.kccllc.net/windstream/document/1922312190515000000000012 Interesting if you're into numbers.
"Uniti falls after Windstream mentions high lease costs"
https://seekingalpha.com/news/3464200-uniti-falls-windstream-mentions-high-lease-costs Investors' comments are a mixed bag but worth a skim. Some are intelligent, some just opinionated -- these are all small investors, not professional money... — read more
Transcript - Windstream earnings call
https://seekingalpha.com/article/4264398-windstream-holdings-inc-winmq-ceo-tony-thomas-q1-2019-results-earnings-call-transcript Requires registering to read but registration is free
BullSh_ _
https://www.arkansasbusiness.com/article/126716/bankruptcy-judge-approves-up-to-24m-in-bonuses-for-windstream-execs
Disappointed and Discouraged in IT !!
Windstream used to be a place I was proud to come to everyday and excited for the work that we were doing. I have been a very loyal and positive influencial employee for the last 25+ years. Always trying to look at the positive, but it has been hard... — read more
Windstream earnings report
Here's the company's news release: https://investor.windstream.com/news/news-details/2019/Windstream-Reports-First-Quarter-2019-Results/default.aspx Windstream has not yet filed its "10-Q" earnings report to the government so I'm not sure this is... — read more
Things to think about......
Our fearless leader told us how much agony he was in when trying to decide if he should sign his 5 yr extension (with MILLION dollar bonuses) and hefty base pay increase, all while planning his trip to NYC to file for Ch 11. Did anyone read the... — read more
Hey Georgia....Got a question
Since the company gave those that were not topped out a 8% raise in Jan, and those that were topped out got nothing, or only a small percentage to put them at top out, has anyone asked if y'all will still get your increase this coming Jan. Or did... — read more
Clearing Out
I do not expect any incentives for base emplyees, so cleaning out desk and deleting all project information so they can start from scratch. Screw em
"Windstream reports 1Q loss of $2.3 billion amid bankruptcy cloud, executive pay"
https://talkbusiness.net/2019/05/windstream-reports-1q-loss-of-2-3-billion-amid-bankruptcy-cloud-executive-pay/ Interesting mix of news/spin: "Turning to the company’s disappointing and delayed first quarter results, Windstream reported a net loss of... — read more
"Windstream and Uniti Appear To Be On a Crash Course Over Network Asset Lease"
https://www.telecompetitor.com/windstream-and-uniti-appear-to-be-on-a-crash-course-over-network-asset-lease/ "Windstream CEO Tony Thomas addressed the “elephant in the room” head on today during their quarterly earnings conference call, and it... — read more
Need LR employees to man up Thursday
Remote offices can not get their questions past the moderator, so Little Rock employees need to man up and have TT explain how increasing bonuses for the leadership is fair compared to those that have had zero pay adjustments for years.
Can we rely on severance?
Considering the situation at Windstream right now, can we even be certain we'll be getting severance if (or more likely - when) we're laid off? I'm trying to decide if I want to stick it out till the end or just cut my losses and find a new job as... — read more
Windstream employee incentives receive court approval
• Key employee incentive/retention programs at Windstream have been approved by a judge in its bankruptcy proceedings, Bloomberg reports. • The U.S. Trustee objected to the programs, saying the key program allocated just $3.8M of the $5M earmarked... — read more
Any word from the union as to what they see happening?
The union has a seat on the unsecured creditors committee (UCC). Has the union shared any insights with local members? (It’s possible that the people on the UCC are legally constrained in publicly blabbing what they’re discussing in closed door... — read more
How long is this agony gonna last?
Some may not agree with me, but I just want this to be over with one way or another. How long do you think it will take for this to be over with, or at least until we have a more clear picture of the destiny of WIN. Don’t get me wrong, I’m hoping for... — read more
Updated agenda for 5/14 hearings; more about KERP and KEOP
Agenda: http://www.kccllc.net/windstream/document/1922312190513000000000008 Both KEIP and KERP are listed as contested and to be debated. • KEIP is the Key Employee Incentive Program - for the top 5 • KERP is the Key Employee Retention Plan - for... — read more
Vendors?
Are vendors still doing business or have they walked away? Contract employees working through places like Dycom - did they get paid? Other carriers still moving traffic?
How does it look like when the end comes?
Are we just going to be laid off immediately or Is that a gradual process in which they are thinking the headcount? Given the situation, do we get any notices or any form of a heads up?
Statement of Financial Affairs court filing
37-page report using standard bankruptcy forms: http://www.kccllc.net/windstream/document/1922312190510000000000014 86-page filing of various supplemental forms and schedules to go with the above filing... — read more
Agenda for May 14 hearings
see: http://www.kccllc.net/windstream/document/1922312190510000000000024 Includes hearings on KEIP, KERP, the Charter lawsuit, various bills submitted by Windstream's consultants, status of some lawsuits (personal injury, employee discrimination... — read more
Uniti CEO's ambiguous comment: "we continue to be open to pursuing mutually beneficial outcomes with Windstream"
Unite reported earnings. Here's a summary: https://talkbusiness.net/2019/05/uniti-sees-a-penny-profit-in-1q-awaits-news-on-windstream-bankruptcy/ Kenny Gunderman held an interview with Wall Street analysts. Here's a transcript (free registration may... — read more
Volunteer Separation Offering,
Volunteer Separation Offering,
It's not the end yet, don't loose hope.
Lets not loose hope, I've been crunching the numbers and have determined that we still can give TT the bonus that he deserves. If we divide the 10 million dollars by the number of employees 14.000, we only have to pitch in 714.28 each. Once we do... — read more
Net promoter score/ numbers
In our market we don’t have any orders to work which makes us nervous. From my experience, if we don’t have orders to work we usually start cutting staff. Any offices sold anything lately? We’re getting worried about the lack of orders.
The end is near Windstreamers
They are bleeding the company dry as they run it into the ground. There will be massive layoffs over the next several months and the executive team will bank that money. They cannot come out of chapter 11 until they restructure the $7B in debt, and... — read more
Leave, now
People, if there was ever time to update your resumes and LinkedIn profile, this is it. Also, if you know anybody who could help you with new employment, call them. Windstream is done. There is no future here no matter how much you or I might like to... — read more
PTO question
I am leaving the company in three weeks. I have heard nightmare stories about Windstream not paying employees out for their PTO, or it being incorrect. Has anybody heard any stories about this happening from past employees, or are there are past... — read more
May 16
??
Plain(er) language article about KEIP and KERP
I posted links a few days ago to the court filings for the retention bonus plans. This article explains them in layman's terms - or at least more clearly than the legalese in those court filings. The article doesn't mention the US Trustee's... — read more
Article: "Windstream Partners Unhappy with ‘Intimidating’ Agreement Notices"
From Channel Partners: "Windstream partners got an unexpected shock in the form of a letter saying their current agreements are null and void, and they are required to sign new agreements or risk being cut off from commissions." "Windstream filed for... — read more
Any Word on asset sales?
I figure it will come don to that sooner rather than later.Have any been rumored to take place? Does anyone have any info or indication?
Huawei?
Posted on another thread here: “Just wait until the US government realizes Windstream has their data passing thru Huawei equipment lol. They have those devices deployed all over the place.” Post by @YSfji6u-2gyh How much of this is on the ILEC side?... — read more
Any Layoffs?
Any layoffs, “out of order” reported in the past week? I know they’re doing the layoffs in smaller batches so they’re harder to spot on the company level, but I also think that they’re always in the process even though they aren't talked about.