Someone please explain how a Senior HR leader (chief people person, yeah right) can take millions in compensation just to join a company and then 2 months later have the gall to try and look sad at firing over a 1000 people to make ends meet for the... — read more 

How many memes will be made from that call? Terrible situation we are in, but at least it will offer great entertainment.

This is just the opening salvo. I expect to see more early next year, if not sooner.

This morning I saw Seeking Alpha lower Lumen to a 'Sell". And they wrote this: "I am cutting my rating on the stock today to a sell, primarily because the situation here appears worse than previously thought, meaning that the equity here might not... — read more 

How do we continue to pay for this writer and program? how about add it to the STOP list? Lay off 1200 people and hope a book club turns around these leaders...

Could be the only way out

The popup call in "conveniently freezing" they are definitely avoiding hard q&a

First hour of trading and LUMN is at $0.79 with just over 31 million shares traded.

There is no plan for this company. The "darkness before the dawn theory", will not work here. Sell off assets, real estate, eliminate the dividend, fire employees and let the stock fall below $1 will allow this company to become...what? Money... — read more 

Severance packages. saw mention of Florida. Any other states? share info please. Stop the woke stuff please. This is all about Jeff Storey. Kate Johnson is probably in over her head. The root of this problem is the debt Lumen carries and the... — read more 

Lumen has $ billions in federal contracts, grants and subsidies. What are the impacts on those contracts, grants and subsidies if they are not meeting federal guidelines for recruiting and retaining veterans (see VEVRAA)?

Do you think they'll limit & censor questions? I wasn't on the last one, so I'm not familiar on how they run them. I'd expect tough questions if they allow people to be "transparent" using their keyword. Dare to disrupt

The title says it all.

Why hasn't there been a reverse split?

U.S. employees got notices, and not just copper or telco necessarily, across the board. Lumen runs very asset and sales heavy, underfunded for years in ops and strategic portfolio development. From a leadership perspective, Lumen had to do this... — read more 

Lumen will lay off 4% of its workforce as it continues to deal with nearly $20 billion in debt, CEO Kate Johnson announced during third-quarter earnings today. https://www.fiercetelecom.com/telecom/lumen-cuts-1200-revenue-headwinds-continue

Vague fluff email right before earnings call.

I hope nobody is holding this stock in your 401k's or private accounts. Kate isn't making believers with investors. Protect your finances, it's not like things are improving. Another 2-3k will loss their jobs in 2024 on top of the 1200 announced... — read more 

It’s true…laying off 4%

The workforce reduction is expected to be "substantially completed" by the end of the fourth quarter of 2023. So now 30000 employees have to worry and wait to hear if they are one of the 1200. Employee lives on hold for the next 3 months and a bad... — read more 

https://finance.yahoo.com/news/lumen-technologies-inc-lumn-reports-220502303.html Lumen Technologies Inc (NYSE:LUMN) reported a net loss of $78 million for Q3 2023, compared to a net income of $578 million for Q3 2022. Enterprise Channel revenue... — read more 

1200

https://finance.yahoo.com/news/strong-week-lumen-technologies-nyse-105121435.html Good reading ahead of the earnings call.

WOW! We closed today at $1.49. interesting....a day before earnings announcement. Other than possibly tied to Q3 earnings, any one have any thoughts why we closed so high today?

RIF first, earnings call tomorrow, Colt divestiture close on Wednesday then rumors of a sale or partial sale.

New class action law suit covering 2019 to 2023 seeking billions in damages. Looks like if your an investor, you have until November 11th to get in on the class action lawsuit. The case is about the lead cable we have in the ground and the last... — read more 

https://www.natlawreview.com/article/telecom-alert-very-low-power-devices-6-ghz-band-bias-reclassification-proposal-867k $867K Fine for 911 Violations The FCC issued a Notice of Apparent Liability to Lumen Technologies, Inc. (“Lumen”) last week for... — read more 

Whoop whoop whoop another member has been added to the $500k a year SVP team! Up to 26 and counting! We need more VP's like we need another wave of Covid19. This new one has a track record of about 2.5 years in each previous role. What were they... — read more 

I believe we are at the highest and lowest stock dollar figure for LUMN. Floating between $1.27 and $1.34. I follow this stock and sadly the 52-week window is now $7.64 to $1.27. Last month the window was $8.95 to $1.31. Eventually, the 52 week... — read more 

Lumen shuts down all of its fixed wireless. Never sold it to 1 customer. Took the CAF money for it.

https://cordcuttersnews.com/t-mobile-is-reportedly-about-to-buy-a-cable-tv-company/?fbclid=IwAR2W6gjr5N7AFMziuv6Iq3gsaCSHnndzi7734vvi9CkBYs6ln_AfHWZM-FQ

You saw a 4K TV at Costco with beautiful images playing. It was so impressive that you decided to buy it. Once connected at your home, you realize the images of your TV shows are not as sharp as they were at Costco. That's because in order for you to... — read more 

Colt ain't gonna pay $1.8 Billion for the EMEA Basketcase because that figure of $1.8bn was based on the EMEA side of the house hitting its revenue and sales targets and they are way behind, so Colt are gonna get it at much less. and even nif Lumen... — read more 

You will be paying a lot more in 2024 for your prescriptions.

Use the reaction button + for yes & - for no. On the insider stock tracker sites the last true buys were in November of 2022. The 2023 activity is all awarded shares via bonuses etc.

I am confused. We are a telco. We sell mostly connectivity and voice- the classic telco stuff. Yeah there is some enterprise targeted business... Where is the tech coming from? Yes, its all technology-based but we are not a tech company. We are a... — read more 

According to Gallup, significant cultural transformation within a company typically takes 3-5 years. Year 1 of the Kate Regime is almost in the books and many of you are drinking the kool-aid, but that's not transformation. Do we as a company have... — read more 

Either one fits the sh-t show that was yesterday for 2 hours. I'm just going to comment on 1 thing. The apologies for the mistakes made by senior management. Really? If senior management was serious about turning this company around it would start... — read more