Most of this stuff on here is BS from people that no longer work at WS. If you don’t have anything TRUE about the company and layoffs stop posting dumb junk nobody wants to read. No one cares about your speculations.
We have the opportunity to act now
I mean act in the sense of updating our CV’s and start looking for new jobs. If the writing on the wall wasn’t clear before, it sure as hell is clear now. The way I see it there are two scenarios, with both of them not being favorable towards the... — read more
Anyone else think Enron will bounce back before Windstream?
Like for yes, comment for no. LOL!!! Have a great weekend.
We don’t know what’s next
We can speculate all we want, but we don’t know what’s coming. We do know a change is coming down the pipe. My only fear is did this event trigger default on any other bond issues?
I think TT and the board owe shareholders an explanation
I think TT and the board owe shareholders an explanation for his compensation raises bonuses and continued tenure. His performance tanked and the company lost almost two billion dollars in shareholder value and he was kept on, and worse, rewarded. He... — read more
Some Basics Of Uniti Lease With Windstream And Practical Outcomes
https://seekingalpha.com/article/4243099-basics-uniti-lease-windstream-practical-outcomes Summary: WIN's only two options in bankruptcy are an assumption or rejection of the lease. Outside of bankruptcy, WIN and UNIT could negotiate a new lower lease... — read more
Citibank: Windstream Likely to File for Bankruptcy By Mid-March
https://finance.yahoo.com/m/b2d37691-c420-3a16-8909-47df89a380dd/%5B%24%24%5D-citibank%3A-windstream.html
I have a feeling it's going to be a great day today.
Got 4 hours of sleep last night and pulled off a no wipe dump. Have a great day everyone.
This is just the tip of the iceberg.
"I'm so angry at the leadership here. TT needs to GO! So many bad decisions that will impact the livelihood of hundreds, if not thousands, of employees." Like with what happened at MCI Worldcom, Enron and even Bernie Ebbers - when people see... — read more
WINDSTREAM WILL SURVIVE OR WILL IT!!!
Summary The court ruling over 310 million of bonds has created paper losses in the billions of dollars. Uniti equity alone is down already over 1.3 billion. This temporary outcome is to be repaired and the only likely solution is a voluntary Chapter... — read more
No need to worry about additional layoffs
The worry is over Half of everyone is getting walked Out. Windstream will officially have no support and a sales team with no chance in hail of winning any deals.
Send all!
Someone seriously needs to send this link to everyone in the company. From what I’m hearing not many people actually understand or believe what is going on. I’m sure it’s a s---c-de bomb, but come on. It would be epic, would it not???
Windstream Harvester of sorrow
Windstream reminds of an old Metallica song. Just put in Windstream. Anger, mysery thats what Windstream has done to me. Bahaha
Stock just hit 98 cents
Good job TT
Windstream Secured Lender Group Said to Organize With Paul Weiss
That's a law firm first lien lenders are working with now. They apparently had a call last night to discuss matters. Windstream is working with restructuring firm Kirkland & Ellis. Bankruptcy filing likely imminent.
Windstream Has Lost Revolver Borrowing Access, Citi Analysts Say
“Windstream Holdings Inc. can’t borrow more from its credit line after a court ruled that its bonds were in default, and may choose to file for bankruptcy before March 31, according to analysts at Citigroup Inc. The Friday court decision has likely... — read more
At what areas will they start cutting first?
There is no question that cuts are coming and they have to start somewhere. At what part of the company do you think they will start, and what part will be affected the most? Or maybe they will cut a little from everywhere and try to achieve the... — read more
There is no coming back from this for Windstream
Windstream is done. Any solution they try to implement will for sure focus primarily on major layoffs, which will backfire majorly in the long run. There is no scenario in which Windstream comes out on top in all of this. People need to realize that... — read more
Vendors
Anyone else hearing of vendors not being paid?
Cloud Connect opportunity
Hey sales team this website needs bandwidth on demand cloud connect
The Gamble
We take no pleasure in Windstream's resulting financial predicament. Windstream could easily have averted it – first by not playing fast and loose with its noteholders in 2015, hoping nobody would hold the company to account, and second by settling... — read more
Next week the sheep start getting trimmed
I’ve heard they will begin laying people off next week and continue to do so over the next 3 weeks
To the CLOWNS who run this company into the ground
I guess you didn’t have to take working with integrity cbt like everyone else did. It might be time to step down move aside or just leave. You all should for go all bonuses and give it back to the employees that are still here working to make a... — read more
No confidence vote
Can the board do a no confidence vote to get tt out and not have to pay him his golden parachute? He shouldnt be allowed to leave with anything other than his windstream shirt and I bet he dont have the guts to wear it in public like a lot of us are... — read more
By the end of next week they will start making moves
I don't think they have that long, only until March 18th, that is the latest date they set to announce 2018 earnings. I am far from knowledgeable but, I would think by the end of next week they will start making moves, whatever that might be. With... — read more
How long before they announce their next move?
I understand this is a critical time for the company, so they will probably “sit on this” for a while before they make a decision what to do next. How long do you think that will take before we get an official announcement about what the leadership... — read more
Classic textbook case on how not to run a telecom company
They acquire entrepreneurial companies with excellent executives only to dismantle their leadership teams instead of looking at what they do better and scaling it. Its always "stay the course because were Windstream" and "this is how “we” do it"... — read more
Call this morning
Any word on it?
Leave
Leave as soon as possible, before you are competing with many others. There is life after WS and many companies that really do value their people. I left recently and am so glad I did. I still have many friends that are just miserable there. So many... — read more
How to come up with 300 million
Just to let you know how serious the situation is, I’ve put together a job elimination model to come up with 300 million to post the surety bond just to appeal the case. Or they can sell assets. Assume that everyone makes 100k (which they don’t)... — read more
Layoff begin on March 7th
Based on some small talk with others and historical dates. We will begin layoffs between payroll weeks on a Thursday. If we pushssd out our earnings call until March 18th that puts us at March 7th. This is going to get really bumpy over the next few... — read more
Elite Trip 401k
How’s the Elite Trip going Be this year. Might be a going away party
The Real Employee Survey
For you people who didn’t want to be honest on the last survey? Would you recommend Working at Windstream to your family or friend? Would you recommend Windstream product or services? (New Question) Does the executive team communicate honestly?
Don't undersell your skill set
Listen, it's NOT easy to start a job search, especially if you've been at a position in WIN for 10+ years. I left WIN over a year ago, but I keep tabs on this company because I've got a lot of friends that still work here, and I'm concerned for them... — read more
Apparently This Can Get Much Worse Real Quick
"Windstream Holdings Inc. faces an onslaught of existential threats after last week’s surprise ruling that it defaulted on its debt by spinning off Uniti Group Inc., with an array of creditors potentially demanding immediate repayment. The rural... — read more
Even if we survive this we will be far from a company we used to be
Think we need to try to adjust ourselves to this fact, cause making pease with it can only make us prepared for what’s to come, and a lot of things are going to hit us in the near future.
They want everyone to act business as usual
They want everyone to act business as usual so they can here everyone to the cattle catcher. I’m sure part of the business will stay in tact but don’t be fooled, people are going to be relieved of their duties. Before the end of March. I think they... — read more
Finding another job equal to what I have will be near impossible
You guys on here act like it’s so easy for people to walk away. I know several people with 20+ years and walking away from that is not easy. Especially if you live in an area where finding an equal paying job would be difficult. Windstream is a big... — read more
Management Bet the Company and Lost
Of course, this is a response from Aurelius so it's obviously biased. However, I think many would agree that management knew exactly what they were doing at the time and didn't care about the risks associated with it, putting every employee at... — read more