Thread regarding Avaya layoffs

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Whistle blower brought the house of cards down

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Post ID: @OP+1i8SKlST

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People...Go read the articles posted today, don't ask questions that are answered already

  1. NO..stop the head in the sand ignorance. Avaya managed us ALL to measure ourselves in our little silos. That was by design in their financial bait and switch. Playing good to the leadership game is not going to save Avaya. So keep your BS positive spin away from the fact supported common sense. It is GAME OVER
  2. They cant share anything about the investigation or the Whistleblower until Investigation is complete. You know this. And all the stories share this.
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Post ID: @gpw+1i8SKlST

So what exactly did the whistle-blower say?

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Post ID: @fwc+1i8SKlST

The Audit Committee is investigating the circumstances around a whistleblower letter.

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Post ID: @jas+1i8SKlST

OMG...GET YOUR HEAD OUT OF THE SAND. THIS IS ENRON LEVEL FRAUD. HELLLLooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo 2+2 does not equal -275

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Post ID: @psf+1i8SKlST

I think you need to read the Avaya NT10Q. Its draconian. Cash on hand is mentioned. They will get relief from creditors but will they get new credit. Suppliers will probably want COD.

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Post ID: @ynn+1i8SKlST

So its a concern, big deal. Cut costs, remove dead weight, restructure debt, company will survive. All depends on new ceo. We will see if he executes accordingly.

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Post ID: @lic+1i8SKlST

from NT10Q "the Company has determined that there is substantial doubt about the Company’s ability to continue as a going concern."

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Post ID: @hjf+1i8SKlST

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