I was in my "book club" today when it turned into a bi**h fest. Imagine the day after a 3 day weekend and 3 of the members "words" were "frustrated" This got me thinking of a book actually worth reading, The One Thing by Gary Keller (founder of... — read more
Leadership
this new woke so-called leadership are way way way out of their depth. Look at their short LinkedIn profiles - None has experience of rescuing a failing Company that is overwhelmed by its debt. Chapter 11 is the only sensible course of action here... — read more
Lumen stock closed at $1.88 today
52 week range is $1.85 to $12.54.
And we're below $2.00 now!
Great job SLT!
The Grand Plan: The end of ATT
If you haven't caught on yet, all signs point to the CEO and the Board protecting themselves while preparing ATT to be put out to pasture. The only people walking away from it unscathed will be those who gave themselves golden parachutes while the... — read more
Can we stop the endless surveys?
The surveys the never ending surveys dare to stop asking stupid questions would you recommend lumen to your friends as a great place to work? but they keep asking anyways
Lumen CFO house listed for sale Friday
Is Chris leaving us now? Paid 1.8m in 2017 and listed for 13m. If only our 401k's and stock reflected those types of gains. There's an article in the Denver Business Journal about the house. This is more of question if executive management is about... — read more
Lawsuit against Lumen for field techs
Were you a field tech anytime between June 2019 and June 2022? If you were, you know they took away oncall pay during that time. There is a class action lawsuit for this unlawful practice. If you would like to sign on please send an email to... — read more
Raises
Raises are coming for non-represented employees. They want to keep good talent.
$1 Handle
The $1 handle person will be coming to the board soon. Stock under $2.20.
Lumen is looking for a miracle
Yup, I can attest to the fact that Lumen is throwing anything against the wall right now in hopes it will stick, looking for a miracle. They don't even allow the time for programs to develop before they start kicking out those that were part of the... — read more
Q1 earnings are out and they generally suck.
https://finance.yahoo.com/news/lumen-technologies-reports-first-quarter-200100575.html Drove Business product Grow revenue of $1.128 billion for the first quarter 2023, compared to Grow revenue of $1.091 billion for the fourth quarter 2022. These... — read more
"Wage Freeze"
So I am hearing from management that there is a permanent wage freeze until the company goes under or at least five years. Anybody else? Run!
Staying here despite no raise
Just read an interesting post on one of the threads below. Is it possible that there are people who are still working here even though they haven't received raises in 7 years? I'm sorry, but that's hard to believe.
No motivation for anything more than the bare minimum
I have no intention of going above and beyond simply because I am not paid for it. Why are some people still doing their best here where they are underpaid instead of focusing their energies on seeking better opportunities? The company... — read more
Book club
No raise in 6 years. The solution have everyone spend a few hours a week on a book club. The books were $28 a piece. That money would have been better spent taken care of a few employees. Hugs waste
bacon savers
Moving to monthly planning and weekly releases without any idea what this entails. Bacon savers (aka burning down the house) Welcome to the never ending grease fire.
$2.34 - New Low
Charter up 1.27% (347.63), Comcast up 1.09% (38.05), AT&T up 0.96% (19.96), Verizon up 0.31% (39.32)... I can keep going... Lumen DOWN 4.47% (2.34), After hours it climbed to $2.36. I know this is not the lowest CenturyLink stock has ever been, but... — read more
VSPP
I just want an effing package please. I can't do the work of 5 people. I mean I "could" but you arent paying me enough. Too many restrictions and management is a joke.
BlackRock Now Owns 11.2% of Lumen
https://www.nasdaq.com/articles/blackrock-now-owns-11.20-of-lumen-technologies-lumn
It really is too late
Lumen is trying to place fiber and catch up to our competitors at a snails pace. One fact is that the money to buy and place this fiber is coming from Copper/Legacy customers. Customers do not pre-pay when ordering fiber but rather we place first... — read more
The End Is Near!
This company has been total sh-t for quite a while. They haven’t valued their employees in years. Quality of service is tanking. Upper level management are clowns. You can rename sh-t several times but it’s still sh-t. Centurylink was the... — read more
Purpose of surveys
I know of many people who, like me, never answer the survey honestly. Probably even those at the top know that most are dishonest in their answers. So is there any point in doing those surveys or are we just wasting our time?
Contractor Layoffs
Contractors are laying off engineers.
Dividends VS Investments still equal Layoffs
Straight from the lips of a VP, Lumen previously funded the stock dividend payments through layoffs. Executive leadership nows says they will use that money to invest in the company instead of paying the dividend. One has to wonder, where they're... — read more
Time to jump the ship
It sure sounds like jumping the ship before it sinks would be a good idea here. Every month, they are selling off more of the company which never a good sign! Lumen was a good concept with horrible management, and it shows!
We have nothing
I am an investor and I have a huge portfolio. One of my higher invested stocks is Home Depot. I shop at Home Depot, I know what they offer in the store, online and outside of their company. I receive their quarterly report and their company mailings... — read more
the difference between companies
qwest just eliminated the fat, did annual layoffs for years and got caught cooking the books ... centurylink introduced the ramming rod, cheaped out on everything, eliminated subject experts, picked new worst in class systems level 3 took over... — read more
Fortune 500
Du to its decking stock price, Lumen is no longer a Fortune 500.
Class action lawsuit against Lumen-posted 3/13/23
https://www.globenewswire.com/news-release/2023/03/13/2626255/0/en/Lumen-Technologies-Inc-Please-contact-the-Portnoy-Law-Firm-to-recover-your-losses-May-2-2023-deadline.html According to the Complaint, the Defendants are accused of making false... — read more
To be clear - Lumen
To be clear: It is (not) Lumen Communications It went from CenturyLink Communications to Lumen Technologies Provider of cloud services, digital tools and Enterprise solutions on a secure platform. Lumen wants to become the Geek Squad at... — read more
Broomfield Campus Is For Sale
https://bizwest.com/2023/03/07/45-acre-broomfield-office-campus-for-sale-as-lumen-technologies-plans-exit/
Just an idea or two
It's obvious that whoever is the CEO of this company is only here for a paycheck and golden parachute. Part of my anger with the company is the freaking Shell Game that we are still in. CenturyLink, Qwest, Century-Tel, Embarq. Wherever you came from... — read more
Techs have voiced their concerns for years
But management always treat the front line workers as if they know better. We have warned, suggested, and did everything we could to explain to them what was happening and what the company can do in areas to at least catch up with the competition if... — read more
$2 Handle - Finally Here Folks
Well, we started posting at the $5 handle and now we are at $2. This company is being set up to be sold to private equity in many different parts. I feel for all the people impacted except for the former Level 3 management. Why is the HR dude... — read more
Woke
Woke=Broke. Stop catering and pay attention to what matters in the industry. The new CEO clearly cares about work matters and is destroying this company from the inside out. Let’s get customers by building more plant, stop automation customers... — read more
Who was the most damaging COE?
Please vote bellow