Thread regarding CenturyLink layoffs

FOR SALE?

Not sure if its lumen as a whole of just the CenturyLink side of the house is being confirmed as up for sale being discussed. I get it, who would want to buy us.....

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Post ID: @OP+1aAvx7L2

13 replies (most recent on top)

“Sure. It's the fleas that control the dog“

Is the dog better with or without fleas? Just saying...

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Post ID: @9bvh+1aAvx7L2

Ahhh yes. It’s the unions fault. How dare they negotiate this company to an 8 billion dollar profit. How dare they negotiate the CEO’s total compensation to the highest in the industry. Yea, that .70 an hour raise every year has crushed this company. Everyone should be working purely for the satisfaction of knowing the executives can make an extra million dollar bonus every quarter. By the way, is fiber to the home a dying industry? Seems to me more people are ordering service than there has been in years. As evidenced by a year of mandatory overtime installing those services that apparently customers don’t want.

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Post ID: @5gda+1aAvx7L2

I love reading all these posts about how bad the company is. I agree that management and failed management practices have helped decimate this company, but one needs not look any further than CWA to take responsibility for the companies demise. It was my experience for 20 years that the one's who complain the most are generally union supporters. Unions have destroyed this country - need I mention teachers unions? Demanding huge wages and benefits, while making it nearly impossible to fire someone who doesn’t deserve to be kept on will either force a company to hire under skilled people who will take longer to reach top pay, or the company will try to incentivize older workers to leave. With a dying technology, and a company that did not look to it’s own future, customers have left and found another better source for broadband. Paying workers $33+ an hour, plus benefits all while losing revenue to customer churn, what’s a company going to do to remain profitable? CWA helped get you to this point....it was inevitable.

Not sure, but the CWA didn't sell DEX, they didn't decide to sell the Cell towers rather then convert them from Analog to digital like Verizon and AT&T, decided to invest in Cyber Centers that have been sold off since, everything decided has created a domino effect, bad decisions and wanting instant payoffs rather then any maintenance of investment in what you had already.

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Post ID: @5qkt+1aAvx7L2

Sure. It's the fleas that control the dog.

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Post ID: @4tgf+1aAvx7L2

I love reading all these posts about how bad the company is. I agree that management and failed management practices have helped decimate this company, but one needs not look any further than CWA to take responsibility for the companies demise. It was my experience for 20 years that the one's who complain the most are generally union supporters. Unions have destroyed this country - need I mention teachers unions? Demanding huge wages and benefits, while making it nearly impossible to fire someone who doesn’t deserve to be kept on will either force a company to hire under skilled people who will take longer to reach top pay, or the company will try to incentivize older workers to leave. With a dying technology, and a company that did not look to it’s own future, customers have left and found another better source for broadband. Paying workers $33+ an hour, plus benefits all while losing revenue to customer churn, what’s a company going to do to remain profitable? CWA helped get you to this point....it was inevitable.

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Post ID: @4yav+1aAvx7L2

Wow News Breaker here. Consumer side has been for sale at least 3 years

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Post ID: @1gpy+1aAvx7L2

Not sure they could cease operations. Still a lot of alarms, elevator, 911 and business operations going through those old frames. But no doubt Lumen doesn’t want that part of the business they can’t contract out or move to fiber.

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Post ID: @1nue+1aAvx7L2

“ Not for sale, "centurylink" will go bankrupt and cease operations.”

Then why bother laying anyone off. Seems to me that if they went bankrupt and ceased operations they wouldn’t need to spend so much in severance.

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Post ID: @uwy+1aAvx7L2

That’s exactly why they are getting rid of techs. To make it look more attractive to a potential buyer! Simple logic!

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Post ID: @lse+1aAvx7L2

They restructured everything not that long ago, with the sole intention of filing bankruptcy on the Centurylink portion while keeping the Quantum and Lumen divisions.They plan to fail.

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Post ID: @gzq+1aAvx7L2

I could see strategic defaults of affiliate companies. They kept us separate legal entities for a reason.

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Post ID: @grm+1aAvx7L2

Who would want to buy this C.F. of a company.

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Post ID: @jei+1aAvx7L2

Not for sale, "centurylink" will go bankrupt and cease operations.

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Post ID: @lrt+1aAvx7L2

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