Thread regarding Avaya layoffs

Avaya is Failing and Headed for Chapter 7 in 2025

CEO Alan's has led Avaya down a failing path that can no longer be reversed. Alan has lied repeatedly and has crushed Avaya's creditability. Alan has also brought pain and suffering to Avaya employees with massive layoffs without regard, this is the sign of evil. It's sad to see during the holiday season we have the devil in control and hurting so many.
The end is not far for Avaya.

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| 3671 views | | 18 replies (last December 30, 2023) | Reply
Post ID: @OP+1q3tfN3c

18 replies (most recent on top)

Fire Sales functions as no output.

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Post ID: @hbqj+1q3tfN3c

Such an organized corrupt organization, including the investors who are going to default to on back loans.

Such a shame, all leaders syphoning. off Avaya money and feeding their own backend partner organizations. Several fake audits performed by the leaders who have their own stake involved. Top to bottom are all part of this conspiracy. Even investors want to gid ride in this manner of failed organization.

All laid off were the actual whistle blowers. Now the organization is left with corrupt leaders and investors who are aware of these wrong doings. Do we still see PROFIT on return on investments after years. Banks who have given loans to investors must audit where is this corrupt institution stands or filling their own pockets.

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Post ID: @gwwe+1q3tfN3c
  • Avaya International wasn't part of the Feb 14, 2023 #Chapter11 filing. At the time they claimed it was because Avaya International was thriving. In truth it was a temporary holding center to hide assets so they could gain Chapter 11 Approval. Now it's time to pursue international bankruptcies where possible.
  • Masarek Inc. Is beginning to take form. CEO and buddies are soliciting financial guidance to prepare to buy out Apollo. It's a gamble, especially with the cost of money today. Yet this is the objective and end game. Masarek Inc. (Needless to state, this is why AM pivoted and allowed Apollo to play their game. Because it was his best opportunity to become majority owner down the road)
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Post ID: @fegt+1q3tfN3c

Such an organized corrupt organisation where leadership itself ask employees to not disclose wrong doings within organisations. Are investors or governments funding those investors aware of this decade old corruption

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Post ID: @dzou+1q3tfN3c

Who would ever buy Avaya now? Tell my would you invest your money in this failing company Negative? Negative growth for years, it stays alive by cutting but there is nothing left to cut.

Time to quit and move on.

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Post ID: @bzxu+1q3tfN3c

Reply to: @8udq+1q3tfN3c

If there is one thing Alan Masarek has proven over and over, it is the fact that he will renege on any thing he has stated. This is his legacy and I’m sure this does affect how Avaya’s partners work for him. He’s got good company sitting in the board too. This pickle is of his own making.

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Post ID: @9iuq+1q3tfN3c

Avaya is in a pickle. Avaya needs to sell is services using channel agents but channel agents are concerned about Avaya folding and reneging on compensating them.

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Post ID: @8udq+1q3tfN3c

Addressing facts = Being Miserable?
Avaya cult followers will never change. Just give me a paycheck and I'll agree to anything, right?
It's sad. Those nose secure are those blind followers who contribute nothing.

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Post ID: @7vqt+1q3tfN3c

Blind Allegiance is what led to Avaya dysfunction. We breed blind followers to perpetuate false narratives and disdain anyone with critical thinking skills.
Nothing new here...

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Post ID: @6vmr+1q3tfN3c

Ha ha ha ha ha ha ha.

Anyone who addresses facts is smeared as being negative!

Back to celebrate our "thousands of new customers" that somehow lead to negative revenue and never bonuses? Hooray!

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Post ID: @6qrt+1q3tfN3c

Wow. The negatively displayed here is exhausting. If you don’t like direction of the company get another job. Life is too short to be this miserable.

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Post ID: @6gnm+1q3tfN3c

Correct.

Bonus plan was to achieve annual rev of $1.6b. Didn't come close. Hence no bonuses.

Revenue is somewhere between 850m-1.1b

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Post ID: @4fzk+1q3tfN3c

Yes

Revenue is under $2b.

Barely holding at $1b

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Post ID: @3qjs+1q3tfN3c

Revenue is significantly <$2m, barely floating above $1b annually and slipping away rapidly. The bankruptcy factory machine that is Apollo is close to maneuvering creative paperwork games to formally declare bankruptcy for multiple international subsidiaries.

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Post ID: @2acz+1q3tfN3c

What do Avaya finances look like?

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Post ID: @2puk+1q3tfN3c

Apollo having any regard for being "embarrassed"? Ha ha ha!
Apollo will profit off of Avayas base business until there is no more money to milk. Alan is both playing along with Apollo as well as attempting to prepare Avaya to be independent of Apollo. If he can achieve the latter, it will be with himself as majority owner via financial backers.
But without the bench strength of talent, what is Avaya? How much longer can customers look the other way?

Or is that the entire point? Drive Avaya to such a low valuation that Apollo will run, AM will pick it up for pennies and then build a new organization, a la Masarek, Inc?

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Post ID: @1zwx+1q3tfN3c

7 is not 11. Sale more likely than death. Greedy misers at Apollo won’t allow the embarrassment of 7.

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Post ID: @1ppw+1q3tfN3c

I think the third bankruptcy is free!

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Post ID: @qfv+1q3tfN3c

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