Sabre is now an empty shell after key members left in June and others leaving in September. Not sure how the leadership is communicating to the remaining few customers that they will get no support. How is Sabre even marketing the new offer/order... — read more
Are PIPs survivable?
I haven't been put on a PIP yet but I wouldn't be surprised if that happens considering that my manager has it out for me. My question is, if that happens, is there any point in staying and trying to "improve" or is the best course of action to quit... — read more
Merit Cycle
Has the merit cycle started? What’s the merit increment this year, if any?
union?
I knew some countries were working on that, I don't remeber if it was Brazil or Uruguay, I think it's Uruguay since I never had Brazilian colleagues but I don't know. I'm looking for the latest on that topic since I'm interested in the idea in my... — read more
Sabre Pros and Cons. Please add.
Pros: It is a job Cons: Company bankrupt within 2-3 years CEO is a greedy, arrogant, liar Say bye bye to WFA Salary adjustments lowest in industry Attribution = more work for others
PLS advice I am one among those who hold SABR and scared
Will SABR touch 10sh ? I’ll lose more than 50 grand if I sell now. What would happen if SABR files bankruptcy ? How long can I wait to avoid drastic loss. Is it true that SABR’s VSP will have some positive impact on its share price . I’ll be doomed... — read more
when is FY24 Q2' results announcement?
hey guys, Any idea of letting Investors what you guys are doing?
Preparing for the inevitable
Section 1. Elimination of Certain Liability of Directors and Officers. To the fullest extent authorized by the DGCL, a director or officer of the Corporation shall not be personally liable to the Corporation or its stockholders for monetary damages... — read more
Yearly pay increase this year?
It's been pretty silent regarding the annual pay hike. Does anyone know if we are going to have one this year ?
KE
KE is the worse of the worst and will most likely single handily bring down the company into bankruptcy. He can not be trusted, is blatantly arrogant, greedy and it’s all about himself. This is why numerous senior executives volunteered for early... — read more
Crises of leadership
As usual 1s is struggling to catch up with 1a. Sabre announced the new platform to catch up with 1a announcement. Result is 1a stock is €64.02 (+1.91% past 6 months), Sabre stock is $2.97 (-18.41% past 6 months). What does product SVP have to show... — read more
VSP is a joke
The only people who will get it are those in redundant positions or roles that can be filled offshore. So basically, if your job can’t be done overseas (e.g. commercial roles) you are DENIED. The anti-people team lied about this being an offer to... — read more
Seriously. How many put in for VSP? Any names?
Has anyone heard (seriously) how many people put in. I had heard 80, then 150. Any names?
VSP - any idea how many are taking the package??
Anyone have any inside scoop to know how many people submitted to take the VSP package?
Booking=$3708 Expe=$114 Sabre=$3
How sad and these executives deserve bonuses. LMAO! Losers by a mile.
Layers of bureaucracy
1 - I am a Manager who reports to a Director 2 - Director reports to a VP 3 - VP reports to another VP 4 - VP reports to SVP 5 - SVP reports to EVP 6 - EVP reports to CEO KE Why do you need a Director, 2 layers of VP and SVP?
Leaders with no spine
Over the past 5 years I have come to realize the managers, directors, VPs, SVPs have their position because they do not have a spine. KE will tell them to layoff people (or bend over) and they will without questioning. Given that KE is here to milk... — read more
Acquisition
Hearing Sabre is headed towards declaring Chapter 11 bankruptcy and being acquired. Acquisition will result in mass layoffs across all locations. The ELT team will sell you out to make their million dollars. Decide wisely.
Have you colleagues started volunteering for Enhanced Severance?
Hey Sabre denizens - what's the word on your U.S.-based colleagues taking advantage of the 'take-the-money-and-run' offer of Enhanced Layoff (or whatever the official term is)? What kind of numbers are you seeing? It's ok, you can tell us, it's... — read more
To Sell or not to Sell
That is the question for those holding Sabre shares…. What’s your thoughts?
US colleagues-any updates after yesterday Town Hall
Any interesting details you found on yesterday TH in US that you can share?
Good thing executives already took their bonus this year
God their bonus. Now they can take their 15 month severance and go destroy another company.
Volunteers?
Word has it that US based employees were just sent an email asking for early retirement/voluntary severance volunteers. They are offering extra severance for those that accept. For example, if you were eligible for 26 weeks, you will get 39 if you... — read more
WFA with minimum 3 days at the office...
Someone really like to increase attrition... Is our leadership stupid or what?
Employees raise to keep up with inflation
What ever happened to that? Execs keep delaying but they took hefty bonus and raise themselves. They will eventually lose all good employees and replace them with offshore hacks.
Will consensus Earnings Per Share of -0.10 be exceeded?
Data from Interactive Brokers: Quarter: Q1 '24 Consensus EPS: -0.10 Date: 02-MAY-2024 When Announced: Before Open Implied Move: +/-20.1% Do you think the earnings will be better or worse than the consensus?
Insights from today's Sabre Annual Shareholder Meeting slide
2023 Accomplishments: Generated 15% top-line growth $272 million year-on-year improvement in Adjusted EBITDA Achieved positive free cash flow excluding restructuring for full-year 2023 Supported innovation and product development... — read more
Spring 24 layoff
Word is approximately 5% layoff coming before Q1 earnings at the start of May. Seems like not enough time to plan it so maybe really before Q2 earnings at start of August. Anyone know more?
When will execs finally give employees stock option?
Let your employees in the game.. voluntarily ofcourse. Employees tend to have higher morale when they have skin in the game.
Sabre Poland follows laws as part of comprehensive employee benefits for its employees
"We've mentioned this before, but it's worth repeating: Sabre Poland has been honored as a "Responsible and Friendly Employer" in the 7th edition of the program! Our dedication to incorporating Employee Capital Plans (ECPs) into our comprehensive... — read more
Sabre stock hit $1.99 today
It recovered a bit to the $2.40s. Share holders will be upset and demand more immediate cost cuts - guaranteed. Sabre keeps refinancing debt to push due date further but every time they do that it costs them
Expedia to cut about 1,500 jobs globally amid moderating travel demand
https://www.reuters.com/technology/expedia-cut-about-1500-jobs-latest-restructuring-2024-02-26/
I think we're almost there
There is no significant debt to refinance before June 2027 (3.5 years away!) , and the business is already EBITDA positive, and right around levered free cash flow breakeven. By mid-2027, you can assume most improvement factors to cash flow will... — read more
No Layoffs?
Today Kurt said during the Town Hall there are no layoffs planned and we are good for 2024 and 2025. Buy the dip!
Sabre has seen its best days
It's all downhill from here on.
who gonna buy this company and turn into profit? any IDEA?
I knew some competitors are working to M&A Sabre.. Any Idea who would be...
New layoff wave
Is there going to be a new batch of layoffs in KRK? They have just canceled Morning Coffe and there will be a Town Hall on the 7th of March. They said it's just because of the winter break holidays, but strangely it's happening right after financial... — read more
The only thing Sabre can do now
More DEI! :D
Here is the bottom line summary
Yes revenue is slowly increasing but they are losing millions every quarter! Even if they start making a few million per quarter later this year they are still paying over $350 million per year on interest alone for the $4 billion. Refinancing the... — read more