An interesting article. Of course, Windstream had no comment. But neither did the FBI or Homeland Security. Research suggests Windstream had 600,000 modems bricked by malware. Only affected units were in Windstream's BGP ASN (autonomous system... — read more
Major downgrade to $4 Uniti price target
From Morningstar: After placing the stock under review following the Windstream merger announcement, we are relaunching coverage of Uniti with a $4 fair value estimate. The big decline from our previous Uniti fair value estimate of $12 is a function... — read more
Asset Stripping
“Asset-stripping occurs when an owner or investor in a company sells off some of its assets, taking the benefits for itself and hobbling the company. This practice is favored among some private-equity firms that buy companies, load them with debt to... — read more
Packages?
What are the odds of them offering more early separation packages like last year?
More happening today
Folks getting hit
I imagine a mass exodus of remaining leadership.
https://www.fierce-network.com/broadband/things-fall-apart-and-come-together-again-windstream-uniti-re-merge
What are the chances of zayo attempting to acquire uniti and windstream after the merger?
Yall think it's coming soon ?
So what's going to happen with Kinetic by windstream name?
Are they going to rebrand everything again and be called Uniti or keep the name what it is ?
Kinetic Construction
How long will this bank draining organization last? There is NO way that putting this group together is cheaper than contractors. 2-3 years tops.
Its official Windstream/Uniti
https://www.globenewswire.com/news-release/2024/05/03/2875024/35697/en/Uniti-to-Merge-with-Windstream-Creating-Premier-Insurgent-Fiber-Provider.html Getting the band back together. I hope they clea. House.
Fun trip!
Looks as if the elite awards trip was lavish as always. I just wonder how many people got axed to pay the bill or did they just use the broadband grant money to cover it.
Personal info
Why would my manager be asking for my personal email?
They start early...
Looks like today is another round just got word of some that hit first thing this morning...
Uniti Group, Windstream Are Closing in on $15 Billion Combination
did you see this? https://finance.yahoo.com/news/uniti-group-windstream-closing-15-195657194.html
Certification tests
Upper management getting the squeeze on their little shriveled nuts. This bunch of geniuses changing up everything coming and going just to try to justify their overpaid salaries and positions. Making life pure he-l for us guys out in the field who... — read more
A layoff would be a blessing
It’s so hard to sell anything here. Customers hate us. We can’t install anything. We pulled our guarantees. We increase rates on services IN contract. All the good folks are leaving or were cut previously. Anyone who brought joy is gone. It’s... — read more
Layoffs Today or this month
Layoffs coming!!!! Just feels. Sounds. Moves This month… Maybe middle management.
More Re-orgs?
Just heard that business techs will be moved under the NOC. Hope it won't be the offshore NOC, our customers just luuuuv working with those offshore people.
Abrubptly axed the CMO
What the he-l is this org doing?
Kinetic chief marketing officer out
Kinetic cmo and his chief of staff were relieved of duty today. Business intelligence and revenue guy will take his place. New guy was poached last year from a consulting agency working on the windstream account.
Reorg rumors
What's the scoop on the rumor of a network operations reorg?
It’s the 4th Thursday
Which group will get targeted today?
As far as I'm concerned, bring on the layoffs
I know many people who wouldn't mind being let go, myself included.
move to in house drop crews
any updates on any in house drop crews how long are going to stay
Town Hall
What did you guys think of the questions and answers at the end of the town hall today?
More layoffs coming
I have heard from multiple sources that more layoffs are coming this month and with the sale, legacy Windstream employees will all be gone. Does anyone know the percent of cuts in the past year? Is it around 40%+?
This company with this mgmt has no future
Is anybody really surprised at the rumors that more layoffs are coming? I’m not. We have been going downhill fast for a while. This latest batch of cuts made me reconcile with the fact that I will be departing this place soon. And good for me, and... — read more
*grapevine says more to come*
This is the fall of Rome. I feel the end of me is soon. I wish you all the best of luck. There were amazing people at WS. It’s such a shame they’ve been tossed to the curb like yesterdays trash. And their departure ushers in chaos, mounds of work... — read more
How are you, guys?
I feel horrible with so many dear colleagues and friends gone. I also expect the rest of us will fare no better in the near future. This place is so mismanaged that I am wondering whether the layoff was a blessing in disguise for those who were... — read more
Winners at Incompetence & Nepotism
It's the worst company to work for. Nepotism runs wild. Hiring friends instead of someone who has actual experience. The lies never end. HR Rep had the nerve to tell everyone they had to take a day off because they were so upset after laying people... — read more
This company does not deserve our dedication, hard work and loyalty
Do we need more proof beyond yesterday that we are wasting our time here? I saw and heard about our colleagues not being granted basic consideration, managers hiding from employees, people being escorted like criminals. It was all indecent and... — read more
Employee Appreciation Day
March 1 lead story on stream is happy employee appreciation day. There is no mention of the mass layoffs 24 hours earlier.
Will Middle Management Ever get Cut?
I thought PS would at least realize that this company is so middle management heavy that cuts would need to be in that level of organization. However today proved he is as smart as TT as still same worker bee layoffs vs no doers cut.
Good people bad company
I worked for a good outfit within Windstream Company and there is no way I would ever go back to Windstream even if they offered me $200k, which they probably don't even have. They talk a big game but they deliver a very small game. I wouldn't... — read more
My heart goes out to everyone affected
This today seems to be a bloodbath. I see some really good colleagues, hard working people, and some veterans being let go. This is a horrible experience, especially for those who spent a good chunk of time with the company. My heart goes out to... — read more
Deep cuts today. Across all Orgs
Slash and Burn! So awesome to work for a company where your livelihood is in constant jeopardy. Does wonders for moral. It makes you really focus on “quality” when all the orgs are in total chaos and disarray. Used to go to this team for this, nope... — read more
heard it's about 25% of company being let go today lets see who else
welp it hit me today :( let go today heard it's about 25% of company being let go today lets see who else
Any updates on layoffs today?
Hearing rumors (sales). Anything confirmed?