Thread regarding Altice USA (Cablevision) layoffs

ATUS is at $3.81 as of this post. The descent continues…

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Post ID: @OP+1lyGwz6t

9 replies (most recent on top)

  1. 36 low for today and life. Imagine working for those bonuses in the beginning
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Post ID: @7fuz+1lyGwz6t

Stock continues to drop closing at $3.55 today. I don’t believe shedding employees is going to help this company, in fact just the opposite. Altice is already operating with historically low head counts in their Optimum and Suddenlink markets and shedding customers at an unprecedented rate.

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Post ID: @5uwn+1lyGwz6t

Jelly of the month club would have been a better bonus.

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Post ID: @1mbv+1lyGwz6t

Only thing worse was getting stock options as a bonus. Every hundred in bonus 2021 is literally worth 9-10 dollars now.

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Post ID: @1wpn+1lyGwz6t

I would hate to be the unfortunate ones holding this stock purchased at the IPO.

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Post ID: @eko+1lyGwz6t

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