Breaking News: Don't panic everyone. Announced overnight that our CEO is going to save the day & send an e-mail to all our key accounts & put their minds at rest. We are so lucky to have such a dynamic & and proactive CEO & ELT !
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Did somebody forget the tags?
At this point it is incumbent that the ELT move to spin the current financial situation as much as possible to preserve the value of the assets on the table for sale. That sale means almost everything to anyone with an Avaya paycheck and pension. Taking a page from the recent election in the US validates how important messaging is on this is from the management team. The trending loss of market share, and revenue declines and the the resulting layoffs and pensions we care about make any statement "We are so Lucky" suspect at best. Aside from those countries where pension funds are protected as a matter of law, the creditors will move quickly to lay claim to them to offset their losses on their bonds and any subordinated debt. Bottom line is that there may not be many days left with sunshine to smile about.
DV - JC you here too :)
HAHAHAHA is that you KK?
Exactly the reason to panic