Thread regarding Lumen Technologies layoffs

GTT?

Heard a bunch of folks last month jumped to GTT. Looked at their Layoff.com page and last comment was from 2022…ah…that is what stability is like.


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| 2082 views | | 6 replies (last September 19) | Reply
Post ID: @OP+1k4v1b1fd

6 replies (most recent on top)

Lumen did layoffs as departments are closing shop, and then some of them submiited their resume to another Lumen job just to get back in to the failing place, and got in. That's what a 6" sewer line does to people.

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Post ID: @1hs+1k4v1b1fd

@16z
They havnt had decent talent since the 90s.

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Post ID: @1e8+1k4v1b1fd

@16z
Chief accounting officer and controller. CFO still there.
But look at this.

The executive change occurs amidst a challenging financial outlook for the company. Analysts estimate Lumen's revenue will decrease by 3.8% per year over the next three years, contrasting sharply with expectations for significant growth across the rest of the telecom industry. This backdrop of declining revenue may make investors more sensitive to changes in key leadership positions.

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Post ID: @19f+1k4v1b1fd

Any decent talent Lumen had has jumped to GTT or elsewhere. You know it's getting bad when the top Finance person is leaving, they see the writing on the wall

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Post ID: @16z+1k4v1b1fd

Wondering if they are referencing this company that kicks Lumen’s b@tt daily. https://www.gtt.net/us-en/

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Post ID: @d9+1k4v1b1fd

The he-l iS GTT?

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Post ID: @d2+1k4v1b1fd

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