Thread regarding Frontier Communications Corp. layoffs

Kinda feel layoffs well be coming once the coming comes out of bankruptcy

Having a need to reorganize debt usually means that the company's income is much lower than it's expenses. The expenses associated with a workforce, including wages, health care, and other benefits, usually represent the company's highest single expense category. It is not unusual for creditors to demand that management take action to reduce labor costs. Therefore, layoffs during Chapter 11 cases are not unusual. Companies conducting layoffs and job actions must still adhere to all federal and state statutes and regulations. 

In fact, some companies that perceive their collective bargaining agreements to be unworkable will file a Chapter 11 case. Provisions in the bankruptcy laws allow companies to reject or renegotiate union contracts under certain circumstances. Please see more below.

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| 2141 views | | 12 replies (last March 25, 2021) | Reply
Post ID: @OP+19XfOn5t

12 replies (most recent on top)

3-18-21, the California Public Utilities Commission (CPUC) voted to approve Frontier’s emergence from Chapter 11 but included a provision in the approval order that was recognized as problematic by all settling parties in the proceeding. What was the provision?

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Post ID: @5igh+19XfOn5t

Your Frontier/Windstream losers will be one. Congratulations! FTRCQ and WIN ran by id–ts. OPS is King and the Execs who have been raping the American taxpayers with FREE GOVERNMENT money to pay execs some @10 million per year is criminal at best.

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Post ID: @4rab+19XfOn5t

@Cant Win Anything - you forget that both us and Windstream now have the same owner

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Post ID: @3rbu+19XfOn5t

I dont know where anyone is getting that FTR will be bought out, but that isnt going to happen. At most they will sell off real estate that is unused, they may sell small portions but nothing as a whole as the below suggests like a windstream acquisition or Tesla or Google, it just will not happen there is no value there for them and Starlink (Tesla entity) operates entirely different than FTR network which is obsolete to them.

As for union labor, it will be gone, other than outside tech positions most likely. The days of collective bargaining for CWA/IBEW for "inside plant" workers is over and should have been over. This bankruptcy is not just because of FTR's business decisions but because of overpaid labor costs and terminating labor agreements. The bottom line is, if you are a due paying member in the union you should be asking yourself why you are still paying dues, and you should seek other employment. If you are retirement eligible, I would encourage you to take that option at this point.

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Post ID: @3qlx+19XfOn5t

Pieces of Frontier will be sold off here and there. There will likely be multiple buyers for specific markets that benefit an existing business model. But the biggest road block to being bought IMO is that so many of Frontier’s markets will require significant investment in plant to be competitive. With that being the case, its more likely Frontier markets will be targeted for competition, considering how cash strapped Frontier is making a response unlikely. Another issue to consider is that existing Telecoms are trying to deal with new competitive threats from Google and Amazon.

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Post ID: @2xco+19XfOn5t

@Teflon very realistic perspective in regards to the move away from TV for Frontier and AT&T!! Thank you

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Post ID: @2hrf+19XfOn5t

@Qnon, apparently CWA and Frontier are at a disagreement about the “No Layoff Clause”. CWA wants jobs added in addition to a “ No Layoff Clause”. Frontier refused to agree to those terms. And now Frontier has counter offered CWA. CWA CA has seen a dramatic decline in its membership in the last 5 years with retirements. With Frontier and ATT stepping away from TV service layoffs are inevitable on both sides 😲😮😵🤐

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Post ID: @1gbk+19XfOn5t

I worked at windstream before joining frontier. We had layoffs about 6 months after our last merger happened. They never had one big layoffs it was more like 50 to 100 people here and there.

As others have mentioned union employees are expensive and have benefits and pay above average for most people.

Post bankruptcy you are going to see very few union positions compared to today. Some positions will be outsourced to off shore like WIN has already done. Anyone working on 5he outside plant will be spared.

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Post ID: @1hxi+19XfOn5t

I hope a good company like Google or Tesla buys us. We would make good money and have great benefits again.

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Post ID: @1jda+19XfOn5t

The company is waiting on CA cwa to approve the merger out of bankruptcy. I wonder if a stipulation of that is removal of the no layoff clause ??

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Post ID: @1ruq+19XfOn5t

windstream here we come...

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Post ID: @sto+19XfOn5t

The layoff will happen as the merger is announced...

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Post ID: @mxo+19XfOn5t

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