Topics regarding layoffs at Lumen Technologies

Topics regarding layoffs at Lumen Technologies

You can’t cut your way to long term success

Both Level 3 and Centurylink played a shell game for years with M&A. Acquired companies, jumbled numbers, changed accounting treatments, etc. The only “value” came from synergies. But you can’t cut your way to long term success. The current... — read more 

Pay raise

When's the last time you received a pay raise?

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| 1110 views | | 9 replies (last September 1, 2023)
Post ID: @OP+1olJjW0M

Edwards didn’t last too long.

I guess Nate didn’t make the cut, that new role only lasted a couple of months. It’s almost like field operations is a disaster.

Is a RIF coming?

Things are slow. We are not selling much. When was the last time you saw Lumen announce a major win? When was the last time you saw any capital projects in your area? Is a reduction in force coming? Will Lumen be offering a VSP? Thoughts? — read more 

LUMN stock price at 1980’s????

What’s happening with the stock. Management sends highly confident about all the upcoming changes and growth directed actions internally but why stock is behaving reverse ???

Prepare for the collaps

the collapse will happen, this company cannot survive when it has to rollover tranches of debt at significantly higher rates than in the past. The business model only just about worked in a low interest rate environment. This is 100 percent on... — read more 

More cuts

Rumors have started about September layoffs. Is there any truth to that?

What would you do to fix Lumen?

If senior management was serious about making Lumen Technologies a successful company it would go to each market and ask the front-line workers. Currently where I work, we are selling very little due to not having any compelling product to sell. We... — read more 

How confident LUMN will bounce back?

Stock price is loosing my confidence about job security. However internal changes and digital transformation is taking its first steps. How confident you all are that Kate gonna take LUMN to a better position down the line?

BEAD funding

Anyone here at Lumen hearing about broadband projects being funded by BEAD? https://broadbandusa.ntia.doc.gov/funding-programs/broadband-equity-access-and-deployment-bead-program

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| 650 views | | 2 replies (last August 9, 2023)
Post ID: @OP+1nZ443fn

Senior management lives in a bubble

Senior management has no clue as to what is happening or not happening in some of their markets. I look at all of the corporate communication but it is intended primarily for those that work in the ivory towers as opposed to those in the field. Where... — read more 

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| 1110 views | | 4 replies (last August 23, 2023)
Post ID: @OP+1nWMrU1y

What's next?

Do you think Lumen Technologies will start reducing head count? I know that a company cannot cut its way to profitability? It has to grow. Where I work, we see very little if any in new sales. And a company in the red cannot engage in capital... — read more 

$1.50 by the end of the month?

I'm guessing the stock will be at or under $1.50 by the end of the month. Right now that looks like an easy guess.

Earnings are out and once again it's not pretty

https://finance.yahoo.com/news/lumen-technologies-shares-slide-posting-214433407.html (Reuters) - Lumen Technologies reported a massive quarterly net loss of $8.74 billion on Tuesday, hurt by an impairment charge of nearly $9 billion in the second... — read more 

More DTL

Now they want us to invest 2.5 hours each week for the next 12 weeks on this cotton candy feel good DTL BS? No Thank You.

Chief Diversity Officer

I can’t believe Lumen can afford a Chief Diversity Officer. Disney, Netflix and other large corporations have fired their CDO. It’s one of the most glaring racist things a company can do is to virtue signal. No wonder the stock is under $2 and... — read more 

“Human First”

Never heard of it? You’ll be mumbling “human first” in your sleep in no time. Your new head of HR is going to drill “human first” into your heads, and your CEO’s, like it is THE absolute only thing that matters. Get ready for daily mandatory... — read more 

People want to be paid to leave

I'm not trying to justify it, but I understand those who decide to do so - some intentionally "try" to get on the layoff list and there seem to be quite a few instances of this?

Celebrity CEO

Has anybody else noticed that under Kate the inside Lumen page looks like it could be People magazine on how fixated it seems to be on Kate's goings on? And how everybody cheers and reveres her as if she's the second coming. I understand it could... — read more 

ULM receives historic donation from Lumen Technologies

https://www.ulm.edu/news/2023/lumen_donation_062723.html MONROE, Tuesday June 27, 2023 – Lumen Technologies (NYSE:LUMN) and the University of Louisiana Monroe announced the donation of Lumen’s local campus to the university. In a departure from... — read more 

Win/win scenario

Can we get an actual technology company to make an offer to our "leadership? They would be so happy to finally lead a tech company and we could continue doing what we do best and stop trying so desperately to be something we're not. This is a win/win... — read more 

Back under $2

Looks like the counter trend rally is over. Now the stock is back in it's main trend which is down.

Wouldn't it be ironic

If BrighSpeed bought Lumen after Lumen sold them the states we couldn't seem to get any revenue from?!?!?? True, proper leadership shows what is possible when your focused on a task and truly run by Industry professionals!

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| 1261 views | | 2 replies (last June 22, 2023)
Post ID: @OP+1newEVi5

Monroe's Future

Corporate appears vacant. Executives have fled Monroe. It appears that it will be moved to Denver in the near future..........

Lumen

Please remember people the threads we create are not all local or represented techs. There are non-rep on this page also. Meaning often times those threads do not pertain to all techs.

LOL Arkansas dislikes Storey

Haha! Went by a CO today, not saying where, but there was a tech standing roadside handing out a paper listing the things Joffrey did while at CTL. Repair times from 24 hrs to, up to 14 days. Cut on call pay during pandemic. Cut Christmas bonuses... — read more 

Amazing

So instead of increasing the pay band per tech level, or getting rid of the 100% of the middle of a pay band. The brainiacs decide to make 60% of the current tech 2’s all tech 3’s. Lol saturation. So they made the old tech two happy and the old... — read more 

Salesforce Field Services #epicfailure

The feedback from the technicians in major cities about how the transition from wfa to sfs is hysterical. So the company switched from admittedly outdated dispatch system that was still extremely functional and efficient. Our understanding is there's... — read more 

Indifferent to our complaints

Either the leadership does not realize the extent to which the employees here are dissatisfied, or they do but do not care. Do you think they are even interested in our complaints? Unfortunately, I think not.

Some thoughts I hope reaches SLT

I was in my "book club" today when it turned into a bi**h fest. Imagine the day after a 3 day weekend and 3 of the members "words" were "frustrated" This got me thinking of a book actually worth reading, The One Thing by Gary Keller (founder of... — read more 

Leadership

this new woke so-called leadership are way way way out of their depth. Look at their short LinkedIn profiles - None has experience of rescuing a failing Company that is overwhelmed by its debt. Chapter 11 is the only sensible course of action here... — read more 

The Grand Plan: The end of ATT

If you haven't caught on yet, all signs point to the CEO and the Board protecting themselves while preparing ATT to be put out to pasture. The only people walking away from it unscathed will be those who gave themselves golden parachutes while the... — read more 

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