Just got word from management that cameras are going to be placed into each company vehicle, dash + cab facing. You will be recorded every time you’re in a vehicle. Supposedly coming by the end of the year for all markets.
Things that Shorts Front Run; By Oftentimes Instigating
COMPLIANCE (https://www.plansponsor.com/news/compliance/) September 6, 2024 Lumen Technologies Faces Lawsuit Over PRT, Following Similar Cases The telecommunications company conducted a $1.4 billion pension risk transfer with Athene Ann uity and Life... — read more
Verizon Part 2
Jonathan Chaplin in a note on Friday, suggested a scenario where Verizon acquires Lumen and spins out its own enterprise business along with Level 3. Verizon has about 18 million fiber locations growing by 500,000 annually, so adding Lumen and... — read more
😳lol
Verizon buying Frontier??
Need new managers
The current management in Denver, does not know what they are doing. They chase stupid items and over look the real issues. They really have no clue. Dispatch is even worse
VSP, will there be one?
I’ve heard rumors of one coming out, just wondering if anyone thinks this will happen in 2024?
Another Kate executive hire gets fired - no more AI expert
how many senior executives has she brought in and then got rid of? 4? 5? more? Now: "I want to share some leadership changes that will affect our Product and Technology teams. Satish Lakshmanan, our Chief Product and Strategy Officer, is leaving... — read more
A "desperate bid to raise cash amid deteriorating revenues and growing liquidity concerns"
Kerrisdale Capital's short report criticizes Lumen's recent stock surge, claiming it is driven by "buzzy headlines" and "misplaced retail investor enthusiasm." The firm argues that the company's fundamentals remain weak despite the hype. Lumen's... — read more
MSFT or GOOG rumors?
Some rumors swirling around about potentially selling the company to MSFT or GOOG? Anything to it?
Blue Planet . . . part 2
Lumen taps Blue Planet tech to make network inventory simpler Masha Abarinova Lumen will use Blue Planet software to consolidate its legacy inventory systems, providing a view of the network in one pane of glass It's part of the company's plan to... — read more
Lumen selects Blue Planet
https://finance.yahoo.com/news/lumen-selects-blue-planet-underpin-130000587.html “ Improved network inventory data will help drive operational efficiency, reduce cost and spur innovation across Lumen DENVER & HANOVER, Md., August 21... — read more
A step in the right direction . 🌍🌎🌏
Lumen achieves one source of trusted data and reduces manual workload by over one thousand hours Informatica (NYSE:INFA), a leader in enterprise AI-powered cloud data management, today announced that Lumen Technologies, a global integrated network... — read more
The Cawston Family Goes All IN Lumen With Kate, and U.S.!
More D-MB MONEY for THE SHORTS who permeate this employee layoff site to poke fun at. https://techbullion.com/cawston-family-increases-their-stake-in-lumen-technologies-by-over-100-million/ The Cawston Family has increased its stake in Lumen... — read more
New contract 2026
Cwa contract is a year plus away. Will lumen try and break the union. Just curious.
What kind of company are we now??
We have been on this transformation journey for 8 years now: We now have 3 different companies operating independantly (but as one C suite said I'm supposed to say). Last I knew we were transformed to an IT Services company (heard it many times from... — read more
Why so many PM's
What an overly saturated work title this has become! What is the purpose of this work? Shouldn't you at least have to know the product and have some inkling of knowledge about the project you are managing to hold such a title? My thoughts after a... — read more
Are they selling dark fiber for 20 year IRU's can it be monitored?
https://www.lightreading.com/ai-machine-learning/lumen-said-it-will-haul-in-billions-from-upcoming-ai-deals “Even if parts of that network are dated, Lumen is investing in expanding its reach, upgrading its fiber and adding capacity to existing... — read more
This will be great for the fiber guys!
Hey fiber guys, you're the future of the company now! No more layoff talk, and twice as much work. They NEED you now.
Laying myself off. Thank you Kate!
I just got rich enough to quit the rat race at 41. Time to have a long hard think about how I'll enjoy the rest of my years. I feel like a new man. Thank you Kate! Extremely inspiring leadership and vision. As you said, when going through... — read more
The Lipstick on Pigs Will Continue
https://ir.lumen.com/files/doc_financials/2024/q2/Lumen-2Q24-Earnings-Presentation-Final-1.pdf Clearly headed for deep pain as only Public Sector grew, and everything else continues its slide into the toilet. Page 12 of the PDF above: 10.7% year... — read more
$5B in revenue .. but the fine print is important
if you look at the IR page on lumen there's a video by stansbury talking about this. what's interesting is he describes the revenue as "lumpy" (his word), and also talks about these deals typically being over 20 years. so $5b over 20 years is... — read more
" $5 Billion in new "one time business and not a peep. "
Lumen Creates Custom Networks Division to Meet New Demand DENVER, Aug. 5, 2024 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) today announced it has secured $5 billion in new business driven by major demand for connectivity fueled by AI. Large... — read more
Lumen Bad Decisions
We all know Lumen SLT has made very bad decisions for a long time, but job numbers were dismal thanks to the idi-its in the Whitehouse, and Lumen will likely need to make more cuts because that's the chatter going around the office. Why did Lumen... — read more
So why did Kate delay Q2 earnings announcement?
Lumen was supposed to announce Q2 numbers this week. Instead they delayed it until next week and announced the MSFT and Corning "AI" deals. If the numbers were good, why delay it? Combining good numbers with the AI deals and the stock would jump... — read more
Stock price
Not that I’m upset. Just confused. Why is our stock rising all of a sudden. 1.82??
any guess how the stock will fall when the quarterly numbers are announced?
I'm guessing a few points, at least back to the 1.50s
Like Mother , Like Son
https://www.ycombinator.com/companies/crew-ai Jake Johnson, co-founder, is Kate's son. Focus is outsourcing using AI. Anyone know if this company is a vendor to Lumen? Note the reference to IIT which is a big Indian university system (multiple... — read more
Microsoft Partnership Announcement
If just selling Dark Fiber requires the title ‘partnership announcement’, doubt any big acquisition is in the works. Thoughts?
Wiz rejects Google's offer . . .
https://techcrunch.com/2024/07/22/wiz-walks-away-from-googles-23b-acquisition-offer-read-the-ceos-note-to-employees/ Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a... — read more
Stop the cawing in the cornfields. ( Synapsis of where things went wrong )
People used to understand a very powerful but simple concept. It was this. " You take care of the system and the system takes care of you. " This was the magic of family owned businesses before they sold themselves to conglomerates that... — read more
How did we get here?
All this division within!! Not just here, it's everywhere. Just a "soapbox vision" for you to mull: Here we go again with some "experts" trying to place blame on the 1st line workers...all we do is follow the processes and rules laid out by the... — read more
Microsoft lays off diversity and inclusion team
Microsoft has concluded diversity is “no longer business critical” and has laid off staff working on inclusion initiatives, a former employee has claimed. The technology company has disbanded a team working on diversity, equity and inclusion (DEI)... — read more
What a fool believes .
“ Our modern world is very interconnected. So interconnected that when one little piece of the system goes sour, it can bring down entire industries. In recent years, that reality has led to a pushback against the trend toward globalization, with... — read more
Narrative knock out
Total miss. Let’s just spend money on stuff that doesn’t matter. We can’t even get repairs or services installed. customers don’t even take our calls anymore or want to buy more services from company that doesn’t help them. — read more
Company miss
Starting Friday. The co has decided dispatch will no longer assist managing company misses. That means they wont read notes either for jobs sent back when co miss should have been used. Rescheduling is relying on customers to reschedule themselves... — read more
Google making big moves . .
😉 - " Google is in talks to make the biggest acquisition in its history, according to reports. The US technology giant is expected to pay $23 billion (£18bn) for cyber security firm Wiz, The Wall Street Journal reported, just four years after the... — read more
Really?
A "record-breaking second quarter?" In mass markets? The spin is going to be epic.
Leadership is entangled in their web
Numbers don’t lie. No smart ideas in sight. No capacity to reorganize into a solid, growing business. Not enough business sense to discern what should be let go, which areas invested in, which people kept on board. But who’s gonna pay for all those... — read more
Q2 Dismal Report August 6th
KJ pushed the Q2 report out one week. More people worried about a new RIF list that will be enacted in last week of July. So sad KJ has to keep cutting people.
Get Outside, Go To The Fiber…
Let’s face it folks, as well as copper has served us all these years, the company is doing everything it can to make it go away, and no job, especially inside folks, are safe. As a technician who has spent his entire career outside with: USWEST... — read more