Windstream Corp. Layoffs

Topics regarding layoffs at Windstream Corp.

Moody's assessment of Uniti's financial safety

Moody's is the bond rating agency that rates the safety of Uniti's bonds. https://www.moodys.com/research/Moodys-announces-completion-of-a-periodic-review-of-ratings-of–PR_413064 They previously downgraded Uniti's bonds to Caa (very bad) based... —  read more 

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Post ID: @11ZObSpf

Why not start unionizing?

Unions s— but, a large scale walk out would be fantastic. I mean you might as well try to unionize while looking for a new job while on the company dime. At least then you might be able to walk out on those t-waffles and fark them back a little... —  read more 

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Post ID: @120hbpPc

By the way: Frontier in trouble, too

"Pre-packaged" bankruptcy probable in early 2020: https://www.bnnbloomberg.ca/frontier-communications-seeking-new-ceo-ahead-of-restructuring-1.1345402

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Post ID: @11ZrNyCw

Enterprise Business layoffs coming by EOY

Huge workforce reduction by EOY. LL is giving the rest of us notice that he’s not done on Thursdays call. Smaller, agile, strategic focus. It’s his way of setting the stage to what WILL happen the next couple of months. Reductions 2-3 more x by EOY... —  read more 

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Post ID: @11UTpRDd

Horrible

I worked for the same company for over 20yrs then Windstream bought us out. My director constantly bad mouthed other departments and never tried to make any improvements. Constantly blaming others and never accepting any responsibility for any... —  read more 

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Post ID: @11VgLrX7

End of life equipment being redeployed

You know WIndstream is in the toilet when they redeploy equipment the manufacturer wont support. No replacement parts except for eBay or other 3rd party sellers, No technical documentation available from manufacturer and no support software... —  read more 

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Post ID: @11QVCsOz

Tony Thomas - a man of his word

Schumer: Windstream CEO says company won't cut jobs in Rochester https://www.google.com/amp/s/amp.democratandchronicle.com/amp/3063916002 If TT will lie to a US Senator.... do you think you can believe what he says?

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Post ID: @11OUWneF

Uniti reports earnings, conference call

https://finance.yahoo.com/news/edited-transcript-unit-earnings-conference-052801364.html https://www.arkansasonline.com/news/2019/nov/08/windstream-uniti-report-3q-losses-20191/ Red ink

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Post ID: @11VcoxUl

Windstream / Unity Losses

Makes the headlines in the local Arkansas paper: It’s safe to say, it’s over! For the second-consecutive quarter, Windstream reported earnings that do not reflect generally accepted accounting principles. The company is working through a... —  read more 

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Post ID: @11VOARZ6

Quarterly earnings report

Here's a link to the transcript of the earnings discussion by management https://seekingalpha.com/article/4303787-windstreams-winmq-ceo-tony-thomas-q3-2019-results-earnings-call-transcript?part=single The seekingalpha.com site may require... —  read more 

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Post ID: @11Unmjlj

Uniti hearing on 11/21/19

"Debtors’ Motion to Stay Purported Application of the Deadline under Section 365(d)(4) of the Bankruptcy Code to the Uniti Arrangement" Windstream bankruptcy site (http://www.kccllc.net/windstream) just posted a notice that the judge will hear... —  read more 

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Post ID: @11O0TwGg

LL said it best "Small and Agile teams"

LL said it best "Small and Agile teams". So small in fact you'd think they're not even here. They guy talks about tough decisions and fiscal irresponsibility. How many job would of been saved by the people doing the work if they weren't taking huge... —  read more 

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Post ID: @11TN8H2A

Enterprise Business layoffs coming by EOY

Huge workforce reduction by year end. LL is giving the rest of us unsaid notice between the lines that he’s not done on Thursdays call. Smaller, agile, strategic focus. It’s his way of setting the stage to what WILL happen the next couple of months... —  read more 

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| 608 views | |
Post ID: @11UMO2Yv

What are the consultants saying?

Both Windstream and the different creditors have their own outside restructuring consultants kicking tires. They’re writing up with plans and recommendations for how to restructure the company. Has anybody seen any of these people around or heard... —  read more 

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Post ID: @11Rn40T7

My last day will be 11/13/2019

I was informed today that I'm being included in a RIF. My last day will be 11/13. In a way I am relieve that I can get away from this mis-managed company. I wouldn't trust the upper management to run a lemonade stand. Good job execs... —  read more 

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Post ID: @11MhpuZs

Wednesday

Wednesday, October 30, 2019 is the day before Halloween and layoff day too. Get ready!!!

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Post ID: @11LXqojz

Why Chapter 11 rocks by TT

Many seem to misunderstand why CH11 is important and a good thing for Windstream. So please let me explain: First - We were planning CH11 for sometime and the lawsuit ' that I personally and repeatedly stated we would win, was just a pretext to... —  read more 

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Post ID: @11OwuUSP

Lawyer Fees!!!!

$36 Million dollars in lawyers fees from Feb 25th thru the end of June. I think it's safe to assume by the end of this bankruptcy fiasco they will get close to a $100 million. Looks like we need to layoff more people.

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Post ID: @11OyjfFR

Chicken little would not meet us today.

TT came to give a Pep Rally, wouldn't meet with the workers whose pension he underfunded. I guess he is afraid of some tough questions, or we are not worthy. According to rumors he said everything is all rosy, the software company is in good hands... —  read more 

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Post ID: @11M9dAuu

No Confidence Vote

A employee Confidence vote in Leadership should be started on Stream. Perhaps once the creditors and the Judge see how poorly Senior Management is viewed internally they will step up

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Post ID: @11M3fwOZ

Get ready for more

More layoffs expected today, from what I understand. The Repair Department might be next in line, but I'm sure they're not the only ones. Looks like this entire week will be the stuff of nightmares... In all honesty, I think getting laid off might... —  read more 

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Post ID: @11NIgMbm

Schedule of upcoming court dates

"Omnibus hearing dates" have been posted at: http://www.kccllc.net/windstream/document/1922312191030000000000012 • November 21, 2019, at 10:00 a.m. (prevailing Eastern Time) • December 18, 2019, at 10:00 a.m. (prevailing Eastern Time) • January... —  read more 

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Post ID: @11MW3GYu

Customers need a new provider!

Windstream has just laidoff the majority of what was left of their technical onshore support. I suggest customers go elsewhere unless you enjoy your service being down for days and the red dots having no clue on how to help. Good news is they know... —  read more 

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Post ID: @11M7gp5s

Shareholder lawsuit against Uniti

"The lawsuit alleges Uniti Group Inc. made materially false and/or misleading statements and/or failed to disclose during the class period that: (i) Uniti's financial results were not sustainable because its customer Windstream had defaulted on its... —  read more 

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Post ID: @11MLyDdv

Uniti fiber question

Does Uniti own all of Windstream’s fiber? Or just what Windstream had when Uniti was spun off? If Windstream build a new fiber route, do they immediately sell it to Uniti, then start leasing it back? Did they buy EarthLink after the Uniti... —  read more 

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Post ID: @11HP9qTs

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