There is no significant debt to refinance before June 2027 (3.5 years away!) , and the business is already EBITDA positive, and right around levered free cash flow breakeven. By mid-2027, you can assume most improvement factors to cash flow will... — read more
Today Kurt said during the Town Hall there are no layoffs planned and we are good for 2024 and 2025. Buy the dip!
It's all downhill from here on.
I knew some competitors are working to M&A Sabre.. Any Idea who would be...
Is there going to be a new batch of layoffs in KRK? They have just canceled Morning Coffe and there will be a Town Hall on the 7th of March. They said it's just because of the winter break holidays, but strangely it's happening right after financial... — read more
More DEI! :D
Yes revenue is slowly increasing but they are losing millions every quarter! Even if they start making a few million per quarter later this year they are still paying over $350 million per year on interest alone for the $4 billion. Refinancing the... — read more
With the considerable debt problem becoming worse, missed estimate, and plunging stock, I guess we can expect all kinds of bloodbath.
Earnings haha. They should rename it Losses for Sabre. If below expectation expect more layoffs.
APAC is forcing all staff back to office. Dictatorship. Mgt with no brains. They should downsize office space and save the money instead of laying off people. This company just does not value its people. Gonna resign now - enough of this c**p... — read more
Everything I've read about it so far is people wild-guessing and speculating. There's been no official word on more layoffs. I'm not claiming we won't have more layoffs, but I think that scaring people for no good reason is counterproductive. Let's... — read more
To hear of an upcoming layoff. Earnings is in a few weeks and shareholders demand costs cuts when a company continues to lose money.
It's interesting to those still holding a Big BoC. Insider Buying at Sabre Corporation Last 12 Months The CEO bought shares at $5.34 per share, even when the price was higher than $4.20. Insiders own 0.8% of the company, which is a good level but... — read more
Rumors are going around about even more layoffs in the next few weeks. Does anybody know if there's any credibility to these rumors or not? I'll be honest, I'm getting a bit tired of having to worry about layoffs all the time. These days, job... — read more
Hi, does anyone know anything about the situation in KRK? Are there any information that the management team is supposed to be transferred to the USA, while only some of the development teams will remain in KRK?
Is anyone currently in the PIP or has been before at Sabre? If so, could you share your experiences?
With just 0 more business days before end of year Sabre now knows what their 4Q earnings and expenses were. If revenue growth is small and expenses do not reflect savings from prior cuts expect another round of US based layoffs. I am guessing a 5%... — read more
What do you have to show for it, KE? You and your e-team needs some house cleaning. Oh, but wait we need to see the ROI on the vests…
The Chief People Officer just posted a LinkedIn.com post with a picture of a presentation slide which states, “A small token of my appreciation - People Team vests for Everyone!” How do we get one?
That is my prediction. $5 Billion in debt, revenues not even covering expenses, losing customers, business model just is not working. Oh but executives will be getting big bonuses.
Today we learned Sabre is paying people who are deciding on the number and the direction of arrows for marketing. While laying off people who actually create and support technology. Now you know company priorities.
Run away if you are a high cost location resource. Doesn’t matter if you have unmatched experience and knowledge… you will be laid off because your CEO wants to keep money before he dumps Sabre.
KE: President and CEO- This guy is here on a short term assignment to make money for himself. He is using the easiest path to raise money for himself by firing resources. He lays off mostly US based resources and the next day positions open up in low... — read more
My first job in IT was in the payroll dept, setting up ACH. Don't believe that any major bank has this many problems with the ACH process nowadays. Sabre probably got it all kicked back for NSF!!!
more layoffs today....our entire team is gone. I have to say I am sick of this, and am glad to get paid for a few months. It just makes me sad that I put in so many hours of overtime (weekends and after-hours) for many years, only to be let go and... — read more
While we are hemorrhaging customers, Sabre decides to lower its standards by hiring contractors with zero airline domain knowledge and minimal English speaking skills. There is not a Director who is willing to speak up and tell their higher ups of... — read more
Insiders, what's the missing piece in Sabre's bookings mix that is holding the company back from a full recovery? Is it US to APAC international flights (in particular US to China)? Is it something else? There seems to be no issue on the pricing... — read more
Another big PSS customer leaving VN, will Sabre be able to slow and turn around the exodus?
Does Sabre just got hit with ransomeware attack? Why nobody is talking about it in public space? Was it noticed inside the company? I am out for couple of months now and just got to know about this attack.
People who got laid off in May where are you now ? How hard was it to find a job ? How long did it take find a job ? And how is the pay compared to your sabre pay ? Higher or lower?
What do people who have been laid off do regarding medical insurance? Knowing that more layoffs are likely, that's the thing I worry about the most right now. Especially now that I know that finding a new job might not be as easy as it was last year... — read more
Dropped from $30 to $3 last 8 years. It seemed it was going to correct itself when it climbed to almost $6 in Sept and now it’s barely holding $4. Down to $3 where you belong POS company! BK in 2024 or 2025 most likely. $5 billion in debt and barely... — read more
Why are these execs so greedy??? Share the wealth with the people who actually does the work. I guarantee morale of the workers will be better. Everyone will work 10x harder to innovate. Thos is the perfect time to cut everyone in. The stock is... — read more
I saw a post of a person who was just let go from Sabre, despite having recently (July) received a raise. Is this a one-off situation or more people are getting their notice? Please share. This is very disheartening but I would rather know than be... — read more