AM I NEXT? NO LOVE AT LUMEN TECHNOLOGIES

Monroe, Louisiana-based Lumen Technologies, a telecommunications offering communications, network services, security, cloud solutions, voice, and managed services, has announced a reorganization that will result in a 4% reduction in force.

The reduction will impact 1,200 employees and is expected to be "substantially completed" by the end of the fourth quarter of 2023.

According to a company spokesperson, “We’ve made the difficult decision to reshape and resize Lumen for growth. Lumen will lay off 4% of its workforce as it continues to deal with nearly $20 billion in debt. The reorg “along with additional optimization initiatives” is expected to generate annualized savings of around $300 million."

"Looking ahead, the company will remain focused on stemming churn and legacy product revenue declines, evolving new products, as well as continuing to expand its fiber presence."

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT SPECTRUM / CHARTER COMMUNICATIONS

Stamford, Connecticut-based Charter Communications, a cable TV, internet, and telephone service provider, has announced the closure of its Spectrum Community Solutions center located in East Syracuse, New York, on October 27, 2023.

The closure will impact 273 employees. The center, which supported bulk and multi-unit business customers, will see its customer calls redirected to the company's other facilities.

According to a company spokesperson, "As part of our ongoing work to serve customers more efficiently, we will transition calls from our East Syracuse Spectrum Community Solutions center to other centers this fall.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?

AM I NEXT? NO LOVE AT ERICSSON

Stockholm, Sweden-based Ericsson, a multinational networking and telecommunications company, has announced it is outsourcing all U.S. field service operations to third-party providers and will be conducting a major reduction in force.

The reduction in force will impact 750 employees with a planned separation date of September 29, 2023.

According to a company statement, “Since the inception of our field service delivery business in 2015, we have consistently worked with trusted and authorized external providers. Ericsson’s delivery of network services, from site design and engineering to continuous preemptive support and network optimization, will not change. The self-perform capability proved critical for us to accelerate local service delivery capabilities during the peak of the 5G cycle, with quality and an unwavering commitment to safety, setting a new standard for tower technicians in the U.S. However, with the downturn in market demand, we can no longer justify the cost this unique capability represents.”

Change is coming. There will always be a tomorrow, no matter how much you may try to ignore it. There are no guarantees in life or promises for a bright future. We see good people being laid off through no fault of their own. Just because something bad hasn't happened yet, doesn't mean it won't. It can happen to anyone, anytime, anywhere. No one is guaranteed to wake up tomorrow and still have a job by evening. Are you now wondering, Am I Next?