Topics regarding layoffs at Lumen Technologies

Topics regarding layoffs at Lumen Technologies

A step in the right direction . 🌍🌎🌏

Lumen achieves one source of trusted data and reduces manual workload by over one thousand hours Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced that Lumen Technologies, a global integrated network... — read more 

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| 880 views | | 8 replies (last August 28, 2024)
Post ID: @OP+1u6zwrXa

New contract 2026

Cwa contract is a year plus away. Will lumen try and break the union. Just curious.

What kind of company are we now??

We have been on this transformation journey for 8 years now: We now have 3 different companies operating independantly (but as one C suite said I'm supposed to say). Last I knew we were transformed to an IT Services company (heard it many times from... — read more 

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| 1080 views | | 8 replies (last August 26, 2024)
Post ID: @OP+1u1mi6is

Why so many PM's

What an overly saturated work title this has become! What is the purpose of this work? Shouldn't you at least have to know the product and have some inkling of knowledge about the project you are managing to hold such a title? My thoughts after a... — read more 

Laying myself off. Thank you Kate!

I just got rich enough to quit the rat race at 41. Time to have a long hard think about how I'll enjoy the rest of my years. I feel like a new man. Thank you Kate! Extremely inspiring leadership and vision. As you said, when going through... — read more 

The Lipstick on Pigs Will Continue

https://ir.lumen.com/files/doc_financials/2024/q2/Lumen-2Q24-Earnings-Presentation-Final-1.pdf Clearly headed for deep pain as only Public Sector grew, and everything else continues its slide into the toilet. Page 12 of the PDF above: 10.7% year... — read more 

$5B in revenue .. but the fine print is important

if you look at the IR page on lumen there's a video by stansbury talking about this. what's interesting is he describes the revenue as "lumpy" (his word), and also talks about these deals typically being over 20 years. so $5b over 20 years is... — read more 

Lumen Bad Decisions

We all know Lumen SLT has made very bad decisions for a long time, but job numbers were dismal thanks to the idi-its in the Whitehouse, and Lumen will likely need to make more cuts because that's the chatter going around the office. Why did Lumen... — read more 

So why did Kate delay Q2 earnings announcement?

Lumen was supposed to announce Q2 numbers this week. Instead they delayed it until next week and announced the MSFT and Corning "AI" deals. If the numbers were good, why delay it? Combining good numbers with the AI deals and the stock would jump... — read more 

Stock price

Not that I’m upset. Just confused. Why is our stock rising all of a sudden. 1.82??

Like Mother , Like Son

https://www.ycombinator.com/companies/crew-ai Jake Johnson, co-founder, is Kate's son. Focus is outsourcing using AI. Anyone know if this company is a vendor to Lumen? Note the reference to IIT which is a big Indian university system (multiple... — read more 

Wiz rejects Google's offer . . .

https://techcrunch.com/2024/07/22/wiz-walks-away-from-googles-23b-acquisition-offer-read-the-ceos-note-to-employees/ Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a... — read more 

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| 920 views | | 6 replies (last July 26, 2024)
Post ID: @OP+1tEGYNkv

How did we get here?

All this division within!! Not just here, it's everywhere. Just a "soapbox vision" for you to mull: Here we go again with some "experts" trying to place blame on the 1st line workers...all we do is follow the processes and rules laid out by the... — read more 

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| 700 views | | 1 reply (July 23, 2024)
Post ID: @OP+1tDO5oHq

Microsoft lays off diversity and inclusion team

Microsoft has concluded diversity is “no longer business critical” and has laid off staff working on inclusion initiatives, a former employee has claimed. The technology company has disbanded a team working on diversity, equity and inclusion (DEI)... — read more 

What a fool believes .

“ Our modern world is very interconnected. So interconnected that when one little piece of the system goes sour, it can bring down entire industries. In recent years, that reality has led to a pushback against the trend toward globalization, with... — read more 

Narrative knock out

Total miss. Let’s just spend money on stuff that doesn’t matter. We can’t even get repairs or services installed. customers don’t even take our calls anymore or want to buy more services from company that doesn’t help them. — read more 

Company miss

Starting Friday. The co has decided dispatch will no longer assist managing company misses. That means they wont read notes either for jobs sent back when co miss should have been used. Rescheduling is relying on customers to reschedule themselves... — read more 

Google making big moves . .

😉 - " Google is in talks to make the biggest acquisition in its history, according to reports. The US technology giant is expected to pay $23 billion (£18bn) for cyber security firm Wiz, The Wall Street Journal reported, just four years after the... — read more 

Really?

A "record-breaking second quarter?" In mass markets? The spin is going to be epic.

Leadership is entangled in their web

Numbers don’t lie. No smart ideas in sight. No capacity to reorganize into a solid, growing business. Not enough business sense to discern what should be let go, which areas invested in, which people kept on board. But who’s gonna pay for all those... — read more 

Q2 Dismal Report August 6th

KJ pushed the Q2 report out one week. More people worried about a new RIF list that will be enacted in last week of July. So sad KJ has to keep cutting people.

Get Outside, Go To The Fiber…

Let’s face it folks, as well as copper has served us all these years, the company is doing everything it can to make it go away, and no job, especially inside folks, are safe. As a technician who has spent his entire career outside with: USWEST... — read more 

Lumen has to try , or does this sound familiar

Some apparently didn't get the memo, or research the classic case studies on competitive advantage. Chicken Soup for the Soul Entertainment (CSSE), the parent company of Redbox, has filed for bankruptcy, with a bill of nearly $1B owed to hundreds of... — read more 

Goldman Says SELL

Etrade alert this morning: LUMN has been initiated by Goldman Sachs as a sell. Ugh.

Managed Services ends up losing customers?

Long ago Batelaan the EVP and VP Stotzki/Stolzki pushed "managed services" as delivered by Meraki and Versa SDWAN etc appliances. Do those customers stay happy with Lumen over the long term? Was aware of customers leaving over them believing that... — read more 

have seen a few quiet RIFs

from former employees on LinkedIn. They may be doing them piecemeal, or just not making a major announcement.

Stock Price

Any thoughts on the stock price over the next six weeks or so? Do we retest the .78 cents low seen on 11/02/2023?

Board please help

This is for the board of directors. Do you want want the company to fail if so keep the current CEO in place. Ball is in your court and the lives of a lot employees are on the line. We do not get golden parachutes.

Views on Usefulness of Directors?

I have never had a case where a Director level mgr was useful in resolving issues. Has anyone else had good experience with them?

Allyship training? WTF!

Now that dare to bleed is a fact in the wind they roll out mandatory allyship training. WTF is going on here? Why don't they take some "how to make a business make money" training and let the working stiffs do their fu--ing jobs.

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