Head count reductions in progress as of 1/3/2018 a voluntary notice went out to occupational employees. With the feeling that if the company didn’t achieve their goal a forced reduction would soon follow.
A management a severance package will be initiated after the occupational reductions are achieved. Word is that this is a deep cut with a new company objective of a lean shoestring workforce, with a heavy focus on contract labor. Bottom line numbers are the only thing that matters to Jeff Story, board of directors and the stock holders. Protect the stocks dividend payout at all cost. A turn around “Story” in the making. Best wishes and happy new year to all my friends and coworkers at Centurylink.