Any updates? Nothing here? /agc-networks
Topics regarding layoffs at Black Box Corp.
So, all chatter is on BB - but nothing on AGC? Hmmm?
Black Box has had extremely bad leadership for years and those previous CEOs got large buyouts for making things worse. At the same time severance pay was cut from 1 week per year, to 26 weeks max, then last year Joe Trammel cut to 13 weeks. But he... — read more
According to HR they are laying off 15% of the staff by 4/1/19. This was no surprised to me when I was laid off. The manager kept telling us we were in the red and would insinuate to look for other jobs.
Black Box Network Services is continuing layoffs due to poor performance and lack of strategy. Although they’ve been acquired by AGC & delisted from NASDAQ they continue to lose $$. Sad that good people are impacted by week leadership.
On Monday, November 12th, Joel Trammell had an all employee call where he indicated ACG Networks is looking to purchase Black Box and for now all our jobs are secure. On Wednesday I was laid off.
Congrats to those who stuck and made it this far. What a turnaround here. Great to see our new CEO taking the bull by the horns
As a BBOX employee 1997 to 2007 BBOX had not idea how to move with new technology. The CEO who started Tennmark was great UNTIL BBOX bought out Tennmark. Then they dump the original owner /CEO and it was down hill from there
Just a question of WHICH twelve months. Maybe not a bankruptcy but certainly a big sale of some chunk of BB is coming along with more layoffs. Their fabulous strategery got them into this mess in the first place and they aren't likely to pull off any... — read more
BBOX stock closed at $1.95 yesterday and was in the $1.80 range before it 'rallied'. They are sitting on the porcelain rim dangling their toes in the water. I put in 30+ and got the RIF – and because I was in a union got a decent payout. This company... — read more
I have no insider info
A number of consultants were released recently The company's HQ building has been in disrepair for quite some time: leaking roof, parking lot pavement in poor shape but temporary repairs are being made, maybe to tidy the place up to show to... — read more