Thread regarding Lumen Technologies layoffs

14 replies (most recent on top)

It feels like princess is getting desperate now.
Why the big announcement during the earnings call. To calm Wall Street.
It's time for a new ceo.

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Post ID: @p5+1m6m8r75w

@hy Monte = Meeble

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Post ID: @j0+1m6m8r75w

@hv Monte, is that you?

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Post ID: @hy+1m6m8r75w

@er Ha ha! Have you seen any big city in the last untold years?

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Post ID: @hv+1m6m8r75w

Who writes on walls anymore? Honestly

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Post ID: @er+1m6m8r75w

LOL, people can’t comprehend that the copper network is worth more as scrap metal, than its worth as a network that sells legacy products…

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Post ID: @dd+1m6m8r75w

@ak some people still have friends there and wonder what’s going on while we hope the best for them

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Post ID: @d1+1m6m8r75w

Grasping at straws when there are no straws to grasp.
CEO needs to go. This plan will not work.

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Post ID: @cw+1m6m8r75w

The writing on the wall was when CenturyTel bought Qwest!

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Post ID: @b4+1m6m8r75w

Lumen plans to eliminate copper-based telecom services in four states by the end of next year
It's still struggling with declining revenues and profits as it steers the ship away from legacy telecom to enterprise connectivity
Yesterday's mid-term elections might affect the pace of data center builds, but Lumen doesn't think it will have an effect on its business
Lumen Technologies today reported total revenues were down, but revenues from the company’s strategic business lines is increasing. And the company is accelerating the decommissioning of its copper networks in four states and expects to “mine” that copper for more than $1 billion.

Lumen reported total revenues of $2.72 billion for Q3 2026, a decrease both sequentially and year over year. In Q2 Lumen reported $2.81 billion in revenue, and for the year-ago quarter, it reported $3.09 billion in total revenue.

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Post ID: @ar+1m6m8r75w

This is copper decommission project for states up FL. NV. Iowa, Utah happening now

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Post ID: @aq+1m6m8r75w

@a5 obviously if you don’t know your not a company employee and don’t need to know.

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Post ID: @ak+1m6m8r75w

What if we don't know?

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Post ID: @a5+1m6m8r75w

Those who know don’t need an explanation. IYKYK

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Post ID: @a1+1m6m8r75w

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