Topics regarding layoffs at Windstream Corp.
https://www.kccllc.net/windstream/document/1922312200331000000000002 $162M in the bank $398M in revenue $31M NET LOSS $61M in goodwill $89M paid to bankruptcy attys YTD 4 months left of cash in the bank
I used to work there until I left for something a bit better. My sister called to inquire about services. She lives in a kinetic television area because her neighbor has it. Do they even still offer that? They didn’t even bring that up to her, or... — read more
How are they doing? Are these still happening?
The LR5 must be so proud of their accomplishments
If I wanted to apply at Windstream what are all the good things that come with working at Windstream?
Who’s got details? This one seems to have happened in a small sector?
Here you go. Service tech with the coronavirus, going in and out of other homes. Let's do some math. If he averaged 5 homes a day, and didn't show signs for let's say 10 days......that's 50 homes that he exposed to the virus. But this is WS and... — read more
I feel like we’re all being Put at risk by coming to the office for work. Windstream Little Rock can’t take much more negative presSS. Are CEOs liable for putting their employees at risk?
It appears JS realized just how bad engineering under BW really was. You can't run an ILEC as if it is a CLEC. Now time to get the engineers back in the field and stop this fractured setup. I think this is a great move.
Now contrast this gesture with the LR5s tactics. In fact clawing back the 2019 and 2020 KEIP and KERP monies and then splitting with all employees...80 mil / 11000 employees....you do the math. I don't expect anything from the LR5 but I am wondering... — read more
If you’re an office worker at Windstream the shelter in place and work from home policy is smart. It limits exposure and lowers the contagion curve. The policy for the front line field employees not so much. It’s basically business as usual. It was... — read more
$50 million is my over-under for how much the CEO and CFO will make over the next three years between the “key employee retention plans” and the Management Compensation set-aside in the Plan, which will be approved by the court. It pays a King’s... — read more
March 12, 2020 Toys ‘R’ Us CEO executives lined their pockets with company funds on the eve of the troubled retailer’s 2017 bankruptcy — to the tune of $16 million, an explosive new lawsuit claims. Days before the company behind Geoffrey the... — read more
Dear HR Leadership, I do not want to read anymore social engineering posts about inclusiveness and diversity. What I, and the other non-management employees need, is a paycheck that at keeps up with inflation. Do you know how depressing it is to... — read more
“Windstream/Uniti Settlement: Worse Than Expected” That’s worse from a Uniti shareholder perspective. Also s—s for most other Windstream creditors. Probably neutral for employees... — read more
Looks like it’s back to work for you losers. All the BS shoveling forecasters of doom, must have moved on to another board. Bet it’s Hard to admit TT and the L5 were right all along. Business as Usual! OWNED.
What a joke. Judge Drain is a typical judge who rather a plea bargain then have to rule in courts merits of right and wrong. Maybe the coronavirus will delay trial and allow corrupt management to earn more.
Skim this filing by an angry creditor. http://www.kccllc.net/windstream/document/1922312200302000000000017 Elliott Management, a major 2nd lien creditor, got the rights to buy 20% of Uniti at below-market prices. In exchange, they pushed this... — read more
Uniti 8k: https://investor.uniti.com/node/9906/html Court filing: http://www.kccllc.net/windstream/document/1922312200302000000000001
http://www.kccllc.net/windstream/document/1922312200228000000000006 With earnings like this who needs a bad economy! Spoiler Alert: We lost money again this month.
Anyone know what the current severance packages are @ the hourly wage level? I’ve heard they are getting smaller. Like most others I speak to, I am looking for another job and hoping for severance. I’m trying to decide if I should just take the... — read more
'Detroit-based Rocket Fiber acquired by Everstream' Good to see companies that aren't like WINMQ or Frontier acquiring similar companies that have much better leadership in place than the LR 5. How many failed 'mergers' did the LR 5 preside... — read more
Windstream vs Uniti I scratch your back you scratch mine trial. CFO vs CEO. Will settlement happen prior to a gavel being swung by the Judge. Who will win? The whole deal was suspect will trial open eyes and trials going after fraudulent issues... — read more
How much longer under the LR5? It's so depressing. No one gives a flying rats a$$. Everyone's just going through the motions. We need new blood up in here to lead us. What are we working towards?? As long as the LR5 are in charge no one will give a... — read more
Simple question.....why should I expell any efforts? The bonus and promotion is rigged. Pay NOT keeping even with inflation. Simple question....why should I care or try to do my job. I don't expect an answer due to leaderships endless tries to avoid... — read more
https://www.fiercetelecom.com/financial/windstream-s-sd-wan-customer-base-tops-2-700 "Windstream’s SD-WAN customer base tops 2,700" "During its fourth quarter earnings call, Windstream CEO Tony Thomas touted the company’s SD-WAN achievements... — read more
Here's the schedule of events and deadlines (depositions, etc.) leading up to the trial starting on Tuesday, March 3: http://www.kccllc.net/windstream/document/1922312200221000000000001 The trial then runs through Friday, March 6. The judge... — read more
7 Weeks into Q1 for 2020 and we are not doing any better. I am hearing Mid march for round 2. Get your resume / LinkedIn up to date again. We will be competing with everyone that was let go in round 1. Without using that revolving credit... — read more
And somehow tony still tries to spin it as a growth company smh https://www.arkansasonline.com/news/2020/feb/21/windstream-again-posts-loss-20200221/
Curious to hear an explanation of how Windstream is still actively hiring? If Layoffs are on the horizon and as this board will have you believe set to occur every Thursday, why would open positions be filled? Even in the so called screwed CLEC... — read more
http://www.kccllc.net/windstream/document/1922312200220000000000002 August $410M in the bank (remember we don't pay bills right now) $430M in revenue $44M NET LOSS $61M in goodwill $41M paid to bankruptcy attys YTD September $385M in... — read more
I'll make this short and to the point. Windstream management is absurd. I'm not even talking about the folks at the top, i'm talking about those all the way at the bottom. PM's and up. It is a JOKE! I know the LR5 had a lot to do with the demise... — read more
What are the expectations going forward?
Seems awfully similar to the deal that landed Windstream in this mess to begin with. Another sale and lease back where creditors and shareholders get screwed... — read more
It seems like having this second company with all their friends and relatives that isnt in bankruptcy seems like the logical lifeboat for these folks. Anyone have any thoughts on how that would work out, and the impact on WS employees?
Reportedly Windstream and Uniti are getting closer to a deal. See: https://seekingalpha.com/instablog/200470-nils-de-graaf/5409643-windstream-uniti-propsal-not-too-bad
When will this all come to an end?? When will there be new leadership to get this company moving in the right direction?? I'm so lost at how the LR5 are still running this company. Employees do not care what the LR5 have to say. No one is motivated... — read more