Thread regarding Windstream Corp. layoffs

The blame lies at the top

Hard to fathom this inept leadership that the stock has dropped so much over the last 5 years - the stock market until recently was going sky-high and most every stock was posting decent gains - except of course WIN.

Not investing in fiber for the customers 10 years before their frantic rush now was some of the hard to believe decisions the executives made - also buying these companies (Earthlink????) for their customers and some fiber backhaul was a huge mistake - piling on more debt like there was no tomorrow.

Not having an actual proven telecom industry veteran on the executive team for making sensible decisions - oh that's right, they did for a while but those smart executives saw the horror coming down the pipe and bolted for better companies.

The blame lies at the top - they presided over all of this. Can't blame the stock market or anything else - they are just clueless in running a company.

The company that takes over what is left of this company after all the liquidation sales will be laughing for years on just how much a mess there is.

On point post by @WMnDhhB-xph . Decided to repost it.

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Wall Street knows this company is just circling the drain before going down for good - even if the stock goes up to $10 - highly unlikely unless all the executives are replaced and a new company vision is deployed - there is just too much debt for them to pay off.

More parts of the company will be sold off in 2019 - maybe the CEO should be the first to be sold off...he can probably get a cushy job with the FCC...

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