Yesterday, Avaya filed a liquidation analysis document with the Court, "in the event that they hypothetically convert to Chapter 7" Overview is below. You can read the entire document on Prime Clerk. I can assure you that this is not standard... — read more
Networking Status
Any updates on the networking business status especially if there are any interested bidders in fray - with extreme also buying brocade i believe they would pick and choose key products from each company and junk the rest how does that impact current... — read more
Avaya CHAPTER 7?
Any truth with AVAYA going into chapter 7?
No hands on deck
Seems like there are not enough people left to run this place. Sad to see so many critical team members let go n the loud talkers remain. Laid off n after 13 years of hard work n complete dedication nothing was offered, but leadership who put us in... — read more
Blackberry
So, the courts lifted the stay, allowing the suit to continue - despite Avaya arguing that it should not be lifted. Yet, the "leaders" say that it doesn't mean anything because the it was lifted only to allow Avaya to (insert some BS legal jargon... — read more
Got my bonus money..........time to jet.
http://www.crn.com/news/networking/300084871/avaya-exec-jumps-ship-to-ucaas-rival-ringcentral-to-drive-professional-services.htm
Micro Management Avaya style
In January We were told to give exceptional customer support and we could make pick tickets to cover our time. Today I am being threatened for following this directive because I created too many tickets? I tried too hard to resolve customer problems?... — read more
Game over
Can you say l-i-q-u-i-d-a-t-i-o-n ? It's coming. Get ready to run.
Salary hikes postponed for Indians
Hey Indians, we know you guys are waiting for your appraisal and salary hikes. But let me tell you that we are asked to reduce 15% work force in each business group and salary hikes to be postponed untill Oct 2017. It was US guys who objected for the... — read more
corrupt management allowed a tech to keep his cell number... now he stole a big account. what a mismanaged company
A tech let go in December 2016 was allowed to keep his cell phone. I just found this out. He has been stealing customers, can this get any worse.... what world are we living in. It used to be a guy was sh-- canned and we took all his tools etc now we... — read more
KJK's henchmen are filing claims
Chirico, Randall & Olli must not expect that bonus money, got their claims in chapter 11 proceedings. Nice touch team.
Show me the money
No big deal. Mentor just want to get paid. Mentor Graphics filed with the U.S. Bankruptcy Court an objection to Avaya’s motion seeking entry of an order approving bidding procedures in connection with the sale of the Debtors’ Networking business... — read more
A new complication arises with sale of network business
http://www.reuters.com/article/bankruptcy-avaya-idUSL1N1HZ2P7
BlackBerry could gain as much as $1.5 billion in damages from AVAYA
Its almost Over....few more days to go. https://seekingalpha.com/article/4065516-blackberry-another-payday-coming
Silver Lake be on notice
This last round of layoffs will be the last. The Avaya contract will be signed with a no layoff clause going forward. If not a lot of dirty secrets WILL be going public. Plenty of stuff I know and have all the emails over the decades to prove it... — read more
Wild ride over...
What a wild ride this has been. Been through almost as many coaches in my tenure here as years I've served. What does that tell you. There are a lot of shady things going on at Avaya and I'm not going out quietly. I've made sure to do negative... — read more
Q2 numbers don't look good revenue
According to document filed by Avaya for March 2017's revenue , it is around ~245-250 millions. Combined with the numbers for Jan/Feb 2017, Q2 2017's revenue appears to be around 450milliion, top 500mill. Way short of the forecast of ~780 presented... — read more
Latest round of layoff across the globe
Several different organizations were impacted within ACS by the layoffs that were communicated on Monday to address the gap of ACS revenues being 7 M below what executives projected. Go figure! They under estimated the impact on revenue (services... — read more
Avaya employee get bonus too?
After executives got bonuses for working harder, those sales compensation will also get their sales commission. But for the remaining people working in R&D, Services burdening with extra works, do you think they will get their pathetic bonus and... — read more
Exec Bonuses Approved by Court
Avaya's $3M Executive Bonus Plan Gets Judge's Approval By Alex Wolf Law360, New York (April 14, 2017, 3:37 PM EDT) -- Executives at bankrupt telecom giant Avaya Holdings Inc. can collect up to $3 million in bonuses for hitting earnings targets tied... — read more
Risky and tough days ahead
The ongoing round of layoff and the next round of layoff in last week of April is expected to show positive per employee profit figures in balance sheets. Also I am afraid to learn that executives bonuses are not approved by court. Citing similar... — read more
Avaya Files Plan of Reorganization and Disclosure
http://www.marketwired.com/press-release/avaya-files-plan-of-reorganization-and-disclosure-statement-2209832.htm
fire sale
fire sale begin soon?
This site is now blocked from inside the Avaya VPN
FYI - it wasn't until just a few days ago.
Avaya execs are on their way to fat bonus if they judge approves their KEIP plan
From the document filed today, Avaya said they are on the way in achieving the forecast revenue (~780mill) for Q2 and adjusted EBITDA target which they set a week before filing chapter 11. They stated that the forecast was put forth to the BoD... — read more
There are other bidders...
For the networking business. In a recent filing, there is an exhibit called "Interested Parties" that is redacted "due to the confidential nature". No idea who they may be, but it's pretty clear that there will be an auction on May 23rd. With... — read more
Avaya is asking for extension on deadline to submit the restructure plan
3 months in and they have nothing to show the court citing the complexity and some progresses made mainly with the pending Networking Sale and obtaining the DIP financing (woo hoo, more debt, more money to burn and for the lawyers). They are asking... — read more
No Oceana
Yes, simple Logic. Oceana is too costly and I am happy with existing infrastructure. I do not wish to migrate to Oceana. Can Avaya give me new features in existing products as a new software release? This is how majority of customers are reacting.
Avaya layoffs Ireland and UK
Big layoffs to hit Avaya ireland and UK in the coming 2 weeks
KK and exec team will walk if bonus plan not approved by judge
April 11 , the judge will make the ruling. Will be an interesting week!
Galway Innovation Centre to Close in January
It is official now. Management team just told the troops the Galway Innovation Centre is closing in January of next year. It does not surprise any of us we are a major expense with very little revenue associated with our centre. I will miss you... — read more
I don't know if
anyone reading this blog is an Avaya partner, but doesn't it seem strange that NO ONE can answer this question for me: Where will I be buying my networking products from going forward? Seriously, as a partner, will I be buying Avaya technology from... — read more
kevin kennedy pay for 1 year
I did some analysis of document 338 filed 3-30-2017, 635 pages. I added up ONLY Kevin Kennedy pay, reimbursements for AMEX, incentives, bonuses, retention, and pay. Well folks from 1-29-2016 through 1-18-2017 it was $15, 318,762. or about $1,276,563... — read more
New job opening at NICE Pune. Lets see this time who grabs it from Avaya.
Check out this job at NICE Ltd: Technical Product Manager https://www.linkedin.com/jobs2/view/276061560