Boingo Wireless just laid off 16% of its workforce on 12/12/19. This, after its stock dropped from about $30 to $10 over the past year.
26 replies (most recent on top)
The CEO has been bamboozled by DL...will DL throw him under the bus in the PE buyout so he can keep a job? For such a small company there is a lot of politics going on.
Boingo is going down! The company has NEVER been profitable. They kicked The old CEO out and replaced him with a CEO equally incompetent. Where will Bethany hold her Mickey Mouse Star Wars events when she gets fired in the PE sale???
A great study of greed, entitlement, nearly 2 decades of losses and an executive team and BOD that are beyond weak and useless. Glad I was laid-off!
if you didn't get laid off in december and are still working in that hell hole of a company, i would highly recommend you look for a new job. the company is getting sold. it will be broken up. new management team in place (so adios exec leadership team!) and lot of layoffs for redundant jobs. this company was never managed well, and i think the old ceo dh was pushed out because of poor m+a with elauwit. what a joke of a company
now it's for sale. more layoffs ahead. hopefully DL will be on the top of the list.
https://www.backstage.com/magazine/article/sag-resolves-discrimination-suit-40528/
My fellow Boingoites, I understand that you're frustrated and upset. However, posting one liners, cussing and calling people by name is counter-productive, and only gets your post taken down and makes you just look like a disgruntled employee who deserved to be let go. We all know that Boingo prides itself on its' image and we know that the HR team reads GlassDoor reviews. Why not go on Glassdoor and leave a review of how this layoff has affected you, your friends or your family? Some of you have children of all ages, possibly a non-working spouse and now have to worry about paying bills, as well as trying to find a new job, two weeks before Christmas when almost no one in your fields are hiring. Some of you put multiple years into making Boingo successful, and were laid off because your salary was too high. Take these stories and put them on Glassdoor in such a way that you come of as justifiably angry. You do that, and no amount of one-line 5-star reviews from HR will counter your narrative.
Obvi one of the executives got posts taken down but bottom line, they laid long time employees go during the holidays and all HR cares about is her trip to Australia. Cold.
@12u3XReL-2fmu, this site has the similar site rules, posts need to be kosher here as well. One can name C-suits (top 5 or so) as they are already public figures, but cannot post names or other identifiable info for anyone lower that level. Also, can criticize someone’s work, but foul language and personal insults are not allowed.
To see what can and what cannot be written here, check this posts:
https://www.thelayoff.com/h/deletions
Remember, if you post a review on Glassdoor you’re going to have to keep it clean and not explicitly name names. That site seems to police reviews very heavily.
Doug’s dept can’t close ANY DEALS. Carriers are reluctant to sign with us and our rights to venues are just sitting there. You know what happens when we can’t sign carriers to venues where we have rights???? WE LET GO OF OUR RIGHTS AT THOSE VENUES. So, we can’t close deals OR keep the rights to our venues. What a pity and shame. You have great people at this company willing to put in work, but instead you let go 80 amazing people and K–l THE MORALE of the remaining. Hope the layoffs make up for the millions you’re missing due to the lousy management and leadership from the exec team.
No path to profitability. Boingo will be sold for pennies on the dollar. Stockholders blame Dave Hagan and Pete Hovenier’s hubris. Now also blame Mike Finley’s incompetence, Dougs lack of ability to sell anything whatsoever and Derek’s obsession with agile process and being the prophet of the Wireless future.
Finley is an empty suit. Sports metaphors are so ridiculous.
Empty suit?? So is Doug. He protects his boys who can’t close a deal but kiss his a–. With the Mobilitie lawsuit for stealing IP he will never work in telco once he gets fired from Boingo.
Everyone here needs to post in Glassdoor.com
SPIRIT MY A– ! Boingo s—s ass
That’s the Boingo SPIRIT of Transparency well done Boingoites
The layoffs were mid handled and cruel.
This company will no longer be around in 2021, it will be sold off in pieces in 2020
Dave Hagan knew exactly what he was doing when he left after his three year stock tranche hit. He knew biz was bad and wanted to place his boy Mike as CEO so he could still stay on Board of Directors after leaving and making Finley and Hovenier accountable. But he’s as much at fault. As is the BOD of the public co.
They haven’t sold any venues and the MTA project has ZERO Wireless carriers who want to join network. Hmm, who should take the fall for that?
Bethany Ellis has a cold heart, she must have thoroughly enjoyed ruining people’s holidays! She loves layoffs.
Merry Christmas Mike Finley! Great holiday treat!
Layoffs will continue in 2020 and look for Boingo to be sold, the debt CFO Pete Hovenier put on the books is laughable, selling convertible notes when stock is at highest price ever! What a dumb a*^
Business s—s sales s— reorg won’t fix
no business = layoffs.
Hoped they got rid of Doug Lodder he’s the problem