I swear to god there are 3rd graders running this company. I have teenage daughters that are more consistent in their daily routines. These people (directors and above) are obsessed with constant change of systems. It’s literally constant!! Who and I... read more
Topics regarding layoffs at Windstream Corp.
For those of you who are still hanging on - to give you a heads up- be prepared for the end by the end of the year. You have been warned. Signed- no longer staying quite Exec
Is Win giving you post bankruptcy shares or are you going to take losses with all of us for the pathetic decision making of our leaders?
I’m so sick of the bullying and intimidation the director uses at 2134 laburnum ave richmond va. He has his on set of rules that are much different then people practices. Everyone is terrified and walks on eggshells around him. Windstream will never... read more
Interesting reading in the other threads about the problems and mistakes integrating the hodge podge of CLECs Windstream acquired with all their different systems and equipment. Question: how much of this spilled over into the ILEC side? Also: prior... read more
I have heard of 2 in Tulsa. Has anyone else heard anything??
I have heard of 2 in Tulsa. Has anyone else heard anything??
"A bankruptcy judge on Monday granted Windstream‘s request for a temporary restraining order barring Charter Communications from distributing an advertisement suggesting Windstream customers could lose service because of its chapter 11 bankruptcy."... read more
"Windstream to Cut Partners, Increase Commissions During Bankruptcy" https://www.channelpartnersonline.com/article/windstream-to-cut-partners-increase-commissions-during-bankruptcy/ Interview with Curt Allen, Windstream Enterprise’s president of... read more
Most of the dead weight came when Alltel/Windstream purchased a company and the upper management came to Windstream. Face it, a company that could not make it has its decision makers move to the purchasing company to make the same decisions that put... read more
The unsecureds see off-balance sheet money: proceeds from litigation (by Windstream against others), insurance claims, etc. as the main source of any cash they'll see. They concede in this filing below that all the regular assets are tied up by the... read more
Court filing last week: Windstream is hiring Alvarez and Marsal as their consultants to look at Windstream's operations and what needs to be done with them. Separate consultants are looking at financial stuff... read more
Here's the upcoming schedule of hearings: http://www.kccllc.net/windstream Here's a list of certain key orders issued early last month by the judge: http://www.kccllc.net/windstream/document/list/4839] Here's the list of all the folks that have filed... read more
Can someone explain why we have more recruiters on the org chart than we have in most departments? What exactly are we recruiting? That seems to be a lot of wasted money when we are in bankruptcy and people are not exactly beating the door down to... read more
This was, more or less debated on various threads on this board, but I wanted this topic to have a thread of its own. So, what are really the chances that WIN makes it out of bankruptcy as a untuchd company, and what are the alternative scenarios... read more
Any of you guys still holding on to hope? If you’re still sitting at Win it shows how bad you must be at sales. You iPad playing non working account huggers should get let go. Running errands, responding to RFPs not following up on anything except... read more
Here's the revised version they filed today http://www.kccllc.net/windstream/document/1922312190409000000000001 Cashflow is temporarily pretty good seeing as they've suspended interest payments to their lenders (except the DIP - debtor-in-possession... read more
Windstream can choose to accept or reject leases in chapter 11. It's either / or -- unless the owner wants to negotiate, Windstream has to accept 100% the current terms or reject outright. Windstream filed a list of 30+ locations where they seek to... read more
The first lien holders are the people who have the "first mortgage" on Windstream's assets and business. They'll get paid before the second lien holders (the companies that hold the "second mortgage") and the unsecured creditors (in most cases, folks... read more
They owe us something for all the losses they handed us in 401k Match.
They need to redo how all of the groups are setup. Too many directors with minimal employees under them. Why do you need a director over two direct reports? Or a senior director with two staff managers over a dozen employees? In all cases there is a... read more
Windstream indemnified officer and directors against lawsuits for actions they take on behalf of the company. That is, Windstream agreed to provide a legal defense for these people and to pay any legal judgements they have to pay. This is standard... read more
"Would anyone recommend working at Windstream" You can go work there if you want an uncertain job situation. If they hire you, they could lay you off in a few months because of continuing 'cash problems'. Most groups you would work in - except the... read more
"Windstream filed its lawsuit against Charter, the third-largest cable provider in the country, with the U.S. Bankruptcy Court in the Southern District of New York."... read more
We are losing a person or 2 every other week. All of that experience and undocumented years of experience goes right out the windows. They may re-hire someone for 50% of that persons salary but it will take years to catch up. It has always been this... read more
Shouldn’t the sales team be concerned with their numbers being so low? Who would sign something with Win in bankruptcy. Seems like a career limiting move.
This didn't take long. Several key players have left and anyone else I talk to is looking for their exit. Win is about to be in even worse shape. A few are wiling to ride it out, but they are not top talent. I'd really like to help turn this ship... read more
Based on my experience elsewhere: Keep an eye out for non-employees visiting facilities and asking questions. They could be potential buyers of all or part of Windstream. Alternately, they might be consultants for one of the creditor groups sizing up... read more
I’ve seen posts elsewhere about the board’s failures in letting the company sink this far. In fact, by law, this is ultimately their fault even more than the CEO’s. They have a hard job because they’re outsiders and they don’t know everything that’s... read more
When the time comes, and chances are the time will come sooner rather than later, how do you think they will perform the layoffs? Will they go in the manner of one, or a few organized waves or will they thin the herd in smaller portions as the demand... read more
I am just glad tony got his bonus while the ones that retired at the beginning of the year did not get there lump sum pension as they were promised. Screw the ones that make his 2 million bonus possible.
The CLEC side leases 1000s of miles of fiber cable from Uniti on an exclusive basis. I think those lease rights can be sold. I've seen mineral leases sold in another bankruptcy. Clearly, this fiber would be worth a whole lot more to Windstream if... read more
CTC was in very good shape when Windstream bought it for 585 million 12 years ago. It had 120,000 customers then. CTC had just run fiber past many homes but not marketed it yet. Windstream finally started offering 1 Gig broadband here in the last 18... read more
Are any current customers commenting on here as to what may ultimately happen to them?
To many top performers from the legacy company s management teams were let go. The Broadview acquisition is a classic example. All the top Managers and Executives are gone. The Managers and Executives that remain are the slackers and skaters... read more
It’s obvious that the company needs cash in order to operate and navigate through Ch 11, so I consider the possibility of assets being spun off to be very strong. Any idea what assets are they most likely to sell and what impact could that have on... read more
So, we had our Tuesday morning conference call. Our boss, IT Director out of Twinsburg told us that NO ONE can be let go without the judge who is over seeing this mess approves it. We did breath a sigh of relief, at least knowing that the TT and... read more