Thread regarding Avaya layoffs

Agree, end of the road for Avaya.

Look, it’s all over. Company is desperate to find a buyer for the parts it can sell. Will cut to the bone to make itself look attractive to potential buyers. This is about the deal and not about new products it can’t possibly fund.

Within 6 months a big chunk will have been sliced off and sold. UC and CC will have separated and services bundled for highest bidder.

Will be no press.

• NO SEC Obligation= No 8k Disclosure
• <50 impacted in any state within 45 days --- Not required to file WARN Act Papers

All layoffs in US/North America moving forward will be very quiet. Canada will require some rules be followed, yet reporting to public is not required

That's why sh-t show clowns like selfie tree trunk bow legs will remain as they have less than 10 (maybe 5) employees in that state. They need to focus on other states that they need to slowly break down over time while staying under 50 at a time

Before it was taken private by TPG and Silver Lake in 2007, Avaya was in the S&P 500. Now we're in a dumpster.

Remember when Avaya had 20k plus employees and staff had a positive outlook? Well it’s all over now 2k by year end and dropping.

It seems was more than 300 no press anywhere

~640 lost

@hpr+1lV0JPLD don't you mean their minions Alix Partners?

We now love under the thumb of Apollo with no public protection.
New reality.