Topics regarding layoffs at Lumen Technologies

Topics regarding layoffs at Lumen Technologies

We have nothing

I am an investor and I have a huge portfolio. One of my higher invested stocks is Home Depot. I shop at Home Depot, I know what they offer in the store, online and outside of their company. I receive their quarterly report and their company mailings... — read more 

the difference between companies

qwest just eliminated the fat, did annual layoffs for years and got caught cooking the books ... centurylink introduced the ramming rod, cheaped out on everything, eliminated subject experts, picked new worst in class systems level 3 took over... — read more 

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| 1910 views | | 5 replies (last March 29, 2023)
Post ID: @OP+1lG41jcI

Fortune 500

Du to its decking stock price, Lumen is no longer a Fortune 500.

Class action lawsuit against Lumen-posted 3/13/23

https://www.globenewswire.com/news-release/2023/03/13/2626255/0/en/Lumen-Technologies-Inc-Please-contact-the-Portnoy-Law-Firm-to-recover-your-losses-May-2-2023-deadline.html According to the Complaint, the Defendants are accused of making false... — read more 

To be clear - Lumen

To be clear: It is (not) Lumen Communications It went from CenturyLink Communications to Lumen Technologies Provider of cloud services, digital tools and Enterprise solutions on a secure platform. Lumen wants to become the Geek Squad at... — read more 

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| 1520 views | | no replies yet
Post ID: @OP+1lD3eLDH

Just an idea or two

It's obvious that whoever is the CEO of this company is only here for a paycheck and golden parachute. Part of my anger with the company is the freaking Shell Game that we are still in. CenturyLink, Qwest, Century-Tel, Embarq. Wherever you came from... — read more 

Techs have voiced their concerns for years

But management always treat the front line workers as if they know better. We have warned, suggested, and did everything we could to explain to them what was happening and what the company can do in areas to at least catch up with the competition if... — read more 

$2 Handle - Finally Here Folks

Well, we started posting at the $5 handle and now we are at $2. This company is being set up to be sold to private equity in many different parts. I feel for all the people impacted except for the former Level 3 management. Why is the HR dude... — read more 

Woke

Woke=Broke. Stop catering and pay attention to what matters in the industry. The new CEO clearly cares about work matters and is destroying this company from the inside out. Let’s get customers by building more plant, stop automation customers... — read more 

No job security here

Umm. No job security here. Maybe in India for Lumen. But the horse back ride to work will be rough. Hard to believe new hires don't get pensions, have a higher insurance and not grandfathered into the previous contract perks. Also, to get the full... — read more 

3.00 Stock - IOU

Just posting that March 8, 2023 2:45pm EST. Lumen is at exactly $3.00 a share. March 8, 2023 = $3.00 March 1, 2022 = $11.27 March 1, 2021 = $13.35 At this rate we will owe the investors. March 1, 2024 = I.O.U $8 a share. Sorry about that. Xoxo... — read more 

The McDonald's person

To the person or persons who are coming into this Lumen Layoff website to defend the dying company; you're an id--t. First, you don't receive brownie points or a raise for posting support to Lumen. Unless you are emailing screenshots of your remarks... — read more 

Not a good place to work

Lousy pay, lousy benefits, lousy job security, lousy management, lousy work environment, lousy culture... I could continue listing the bad things about working at Lumen but if you ask me to name just one thing that's good about this place I couldn't... — read more 

Lumen removed from the S&P 500

https://finance.yahoo.com/news/fair-isaac-co-set-join-235600740.html "S&P MidCap 400 constituent Fair Isaac & Co Inc. (NYSE:FICO) will replace Lumen Technologies Inc. (NYSE:LUMN) in the S&P 500, and Lumen Technologies will replace Bed Bath & Beyond... — read more 

Lumen securities fraud investigation

https://www.prnewswire.com/news-releases/lumn-investor-alert-levi--korsinsky-llp-reminds-investors-of-an-investigation-involving-possible-securities-fraud-violations-by-certain-current-and-former-officers-of-lumen-technologies-inc-301759908.html

2 Handle Coming to a Theatre Near You

For all the devoted suck ups in Denver. I thought it’s time you realize that this company will be sold to private equity for little to nothing given the debt to cash ratio. This stock will hits the 2’s soon. Did the CEO continue to hide from Covid... — read more 

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| 1172 views | | no replies yet
Post ID: @OP+1lsI3p2H

April 7 is dday for repair

Heard from very good sources that on April 7, repair agents at lumen will be rifd and jobs outsourced over seas. If you are in repair better start looking for new jobs. the death spiral continues.

Lumen hit the 3 handle

I stated a few months ago this stock would hit the 4 handle but has now overachieved and the stock has a 3 handle. Is the greasy HR guy still around with the hair gel from the 90’s? What about Ed the Opossum overseeing sales. How about the lady... — read more 

Not sure why no one is talking about it

New hires coming in are making more money than the people already doing the job. I think it's fair if they do more of the work. Thats why employees are dropping like rats off a sinking ship. This company is unsustainable!

They're trying to drive us to quit

By piling on the work,cutting back employees and letting contractors go. Doubling the amount of living units to be turned up. I don't want to take any more classes or go to any more meetings. Give me a damn package an I'm outta here! This is a... — read more 

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| 1820 views | | 8 replies (last March 8, 2023)
Post ID: @OP+1lixbBYl

Dear HR employees who monitor this page

Please add into Straight from Kate suggestion box to offer vspp's to speed up attrition & lower operating costs. $25-30k isn't going to put a scratch in the corporate bank account versus the 40 million or so that you gave Storey to leave. The company... — read more 

Chapter 11

with continuing falling revenues and $54 billion in liabilities it's only a matter of time before this goes bust - this will go chapter 11 in the next year so they can restructure and ordinary shareholders will be wiped out. A new Lumen will then be... — read more 

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| 2170 views | | 5 replies (last February 11, 2023)
Post ID: @OP+1l7F3dxd

Next stop bankruptcy?

Catastrophic fourth quarter earnings are out. Q4 2022 revenue was down around 25% compared to Q4 2021. That's $4.8 billion in Q4 2021 and $3.8 billion in Q4 2022. The cherry on top is a $3.27 billion "goodwill impairment charge." Whatever that could... — read more 

North Star takeaway

My takeaway from the North star presentation was there will be no raises except for a very few employees.

Stop dreaming of a profiting company.

When the copper is sold off; Lumen stock will explode! How can someone think that is going to happen? I recall at one time USWest stock was at *$86 a share when copper was the only material in the market. Since then this company has passed the CEO... — read more 

Lumen does not want employees.

Call it for what it is; Lumen does not want to have employees on payroll. HireVue was activated last year which is preventing past experienced employees re-entry to the company at a time where the company needs more staff. The union contract was... — read more 

No one wants to work here anymore

My crew is terribly understaffed. People who were hired left in record time. Does anyone want to work here anymore? It seems that the reputation has hit the rock bottom.

Management

To all management, 1st level, 2nd level and beyond. If you have never done the job, not one tech respects you. You can learn as much as you want but you will never gain respect. This just happens to come from the Spokane area. Most real... — read more 

CenturyLink Layoffs 2023

Do you think there may be small/medium/large CenturyLink layoffs? Any chatter, news or rumors?

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| 13510 views | | 22 replies (last November 12, 2023)
Post ID: @OP+1jUh0Ylq

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