Is it me or is something big about to hit the fan? We have been asked to provide reports/EMT requested items to support the Elliot review.
Corporate 2024 goals are BS and they are enforcing us to go into the office in 2024 because they are tracking attendance. On top of that, we are expected now that we are all “safe” to go above and beyond and do more work.
I’m ready for that email from Tony….”we have decided to sell off the Fiber business and we will be doing layoffs”
@1nbu+1qvkfufW Yep the number of people laid off won’t be as much as last time but will be lots of title changes and demotions due to it. One thing I do know for sure it will be rolled out as a half baked plan and not thought out.
Oh it’s coming-across the org
According to the letter they have until the Q2 earnings call to provide the findings of the fiber review. So at least 5 more months but it could be sooner
On the regional side, I was told that they are planning on canceling some open reqs because we didn’t hit our goal
Elliott is quiet because of a self imposed gag order which was part of the agreement when they took 2 board seats. The sale of the fiber unit will be complete before the end of the year. We may see some small layoffs to make the fiber unit look a little more attractive but I don't foresee anything major. At least not until after the sale.
I do find it odd that we haven't imposed a hiring freeze yet. There are over 100 jobs on the internal job board with most of the positions related to fiber.