Thread regarding Avaya layoffs

what's going on with buyout process?

Anyone heard anything?

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Post ID: @OP+10iOAG6z

20 replies (most recent on top)

Would there be a layoff package

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Post ID: @vmwj+10iOAG6z

If AVAYA proceed's with the CD&R PE buyout in conjunction with RingCentral then it is all over for Avaya employees and partners. RC does not need Avaya except perhaps to offer a marketing program that migrates the Avaya base to the RC UCaaS cloud. If AVAYA management goes forth with this option it would be shameful. How many employees are at Avaya, 6,000 or so?

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Post ID: @ukhm+10iOAG6z

Mitel deal is off the table. AVAYA to proceed with the CD&R PE buyout in conjunction with RingCentral. Announcement to come in the following week.

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Post ID: @tsvs+10iOAG6z

Its final that Mitel will merge with Avaya.

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Post ID: @nkej+10iOAG6z

Anyone heard anything? Or was the Monday and Tuesday's announcements too much for Wall Street?

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Post ID: @nbbs+10iOAG6z

Its final now. Mitel will take over Avaya.

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Post ID: @kvjm+10iOAG6z

I know it is all speculation but I think Avaya will be split up and sold off in chunks. Not sure if the Avaya logo will remain at all. I do know that if Mitel is an acquirer it will be a disaster much like the Avaya Nortel acquisition. Avaya could not swallow Nortel and basically became a rebranded Nortel business. I don't think Mitel can absorb Avaya without huge problems and the remaining customer base moving to other service providers.

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Post ID: @hbnt+10iOAG6z

Mitel + Avaya on the way.....

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Post ID: @hkju+10iOAG6z

Mitel is committed to its Shoretel cloud platform. Avaya customers will want none if that.

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Post ID: @gjlk+10iOAG6z

Countdown start from today.....

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Post ID: @ehmj+10iOAG6z

Avaya Holdings Corp. is expected* to report earnings on 08/13/2019 before market open. The report will be for the fiscal Quarter ending Jun 2019. According to Zacks Investment Research, based on 3 analysts' forecasts, the consensus EPS forecast for the quarter is $0.61. The reported EPS for the same quarter last year was $0.41.

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Post ID: @cgcd+10iOAG6z

Earnings to be announced 8/13. We will know the outcome then.

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Post ID: @3kmr+10iOAG6z

The CWA contract has just been extended by another 2 years.

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Post ID: @1nnu+10iOAG6z

Yeah right on the verge of declaring chapter 7 secretly. And looks like all the loyal employees who used to post messages on this site have already left Avaya. I pity about the guys who keep visiting this site but unaware about the fact that this ship will sink for sure. God bless America.

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Post ID: @1hmx+10iOAG6z

No one is going to buy. Another chapter soon

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Post ID: @yrk+10iOAG6z

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