Yeh TTboy leveraged everything on a house of cards and Sales overpromised, but Data Repair was always letting the customer down. How did Windstream ever decide to hired such technically r—ded people with no skills??????? And not only that... — read more
Topics regarding layoffs at Windstream Corp.
More service delivery, customer care, and repair work heading offshore.
Elliott Management, a private equity fund, bought up 100s of millions of dollars distressed Windstream debt at a huge discount. They’re now the biggest creditor and will have the biggest share of the company post-bankruptcy. The huge California... — read more
I was laid off a year ago after putting in over ten years of work for ws. I kept my head down and kept working as my benefits were reduced and pay increases dwindled to nothing. I experienced first management’s attempt to distract me from being... — read more
I was speaking to a co-worker this morning and there is going to be an offsite townhall tomorrow in Rochester, NY. Anyone know what the occasion is? or is this just another cheerleading session. Any PAE / Earthlink people can you chime in?
In all honesty, I thought we'd be gone before the end of the year. But it looks like I was a bit too pessimistic. We'll live to see at least the first quarter. Color me shocked.
Channel Partners website: https://www.channelpartnersonline.com/gallery/channel-conflict-controversy-windstream-agreements-fusion-bankruptcy-layoffs-att-strike/?slide=1#master-slider-anchor
1st of many changes to come on both sides of the house. The consultants and the creditors will recommend a change of BOTH boards and executives. It's time to Drain the... — read more
Report filed with the court: http://www.kccllc.net/windstream/document/1922312190930000000000006 Profit and loss statement on page 11. Balance sheet on 12. Key salaries on 15. Payments to attorneys and consultants on 15.
Saw this press release: "Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of Uniti Group Inc." "Levi & Korsinsky announces it has commenced an... — read more
I drove by there today and it looks like it's abandon. Did they finally decide to sell and take the $ and run? I am not at all surprised - but am surprised by how quickly this was done. Apparently time is of the essence....... R.I.P. Windstream
Agenda: http://www.kccllc.net/windstream/document/1922312190925000000000008 It looks like some interesting stuff is being postponed to the late October hearing date. There is mention at the beginning about an issue involving legal... — read more
“No internet. No work. No money“ “Downtime is expensive” “Calculate the costs”
They closed the big thread on stream and now it seems like everyone is afraid to talk anywhere, even on this site.
I am sure you have seen the "We are hiring at Windstream" propaganda video(s) on LinkedIn. Well, the reason they are hiring is because soon they will be firing an onslaught of dedicated employees!
https://investor.uniti.com/news-releases/news-release-details/uniti-group-inc-and-macquarie-infrastructure-partners-complete Probably more of a diversification from WIN.
Three other hedge funds have small stakes in Uniti now: • Searchlight Capital Partners, L.P. 3.70% • Mason Capital Management, LLC 3.01% • D.E. Shaw & Co., Inc. 2.52% https://finance.yahoo.com/quote/UNIT/holders?p=UNIT I don't... — read more
"Amid its bankruptcy, Windstream‘s focus on UCaaS and SD-WAN have created new opportunities and sales for partners." Interview with Windstream Enterprise’s president of strategic... — read more
How is it that after the spinoff of Unity that Windstream and its employees are responsible for all day to day activities on assets that we as Windstream don’t own? We replace faulty cards, maintain the fiber and copper assets, upgrade systems All... — read more
My guess is they'll just pick a new CEO and maybe one or two other execs. I don't think they want to get into the details of picking many more people than that. The remaining execs from the previous days will still have their jobs for awhile. Then... — read more
https://www.lightwaveonline.com/business/companies/article/14039708/activist-investment-firm-elliott-management-targets-att Elliott Management bought up a lot of Windstream debt at a discount after Windstream filed for bankruptcy. They're believed... — read more
Theres going to be a bunch of new C level names when we come out of bankruptcy, right? They cant have any investor (or employee) confidence restored without doing this IMHO. This is about the only thing I hold on to. Maybe it will be a new C... — read more
Noticed a lot of sales related jobs opening up. Are they prepping to replace the existing group.
The 7th Article of the local 13000 in PA gives power to any employee or froup of employees; to complain without fear of retaliation. If NY and NC became unionized as workers. The conversation of this corruption changes in favor of the employees. Spin... — read more
A hearing is scheduled in October to approve fees and expenses charged by attorneys and consultants for Windstream and for the unsecured creditors' committee (UCC). These are for the period from February 25 to June... — read more
Were due for a good one about now.
This month’s cover story: https://www.isemag.com/2019/09/telecom-windstream-ceo-exclusive-interview/ Wide ranging Q&A session includes Top priorities Overlooked issues The future Wearables impact Agility Mentoring “You!” (Greatest... — read more
What did you think about WS giving away free service for 30/90 days to different markets? What are we accomplishing here? We are bankrupt.
https://www.candgnews.com/news/rochester-wrestles-with-city-phone-service-114793 "... Rochester City Manager Blaine Wing said the city’s nonemergency phone system unexpectedly went down for a little over a week in late July due to a nationwide... — read more
There is no way this will end well for WIN and Uniti. Borderline Criminal on the shareholder losses that have piled up over the last 6 months. There will be consequences in the coming months the 5-6 people who cooked this up. The former COO... — read more
http://www.kccllc.net/windstream/document/1922312190830000000000005 key financial statements are on pages 11, 12 Company lost $34 million on revenues of $430 million. On the positive side, the loss included a large paper loss of almost $88... — read more
I’m curious — has anyone encountered any of the consultants that have been hired by the company to advise on their operating and financial plans? How about the similar consultants the unsecured creditors retained for an independent opinion? If so... — read more
Windstream has turned into a revolving door, good and talented people continue to abandon ship on a daily bases. And there is no indication this brain drain will stop any time soon. Not that the management is trying to prevent it, I think they are... — read more
Apparently, the execs at WIN are stringing out the inevitable. Even the posts here have tapered off. Some folks I still hold dear there are now saying everything is rosy. Scary adamant when talking to them. Drinking from the fountain. Which... — read more
While there are "no layoffs", time and time again, several team members have voluntary resigned and they don't fill the position. The positions duties are spread amongst our team. We are now to the point that we are half the size we were in Jan -... — read more