https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Master Agents
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
    • Diversity & Inclusion
  • MSSP Insider
  • MSP 501
    • Back
    • Apply Now
    • 2020 MSP 501 Rankings
    • 2020 Hot 101 Rankings
    • 2020 MSP 501 Report
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • Videos
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
    • Channel Educational Series
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
    • Channel Convergence
  • Resources
    • Back
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Content Resources
  • Awards
    • Back
    • 2021 MSP 501
    • Circle of Excellence
    • Excellence in Digital Services
    • Top Gun 51
  • Events
    • Back
    • CP Conference & Expo
    • Channel Evolution Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • DE&I
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Master Agents
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
    • Diversity & Inclusion
  • MSSP Insider
  • MSP 501
    • Back
    • Apply Now
    • 2020 MSP 501 Rankings
    • 2020 Hot 101 Rankings
    • 2020 MSP 501 Report
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • Videos
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
    • Channel Educational Series
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
    • Channel Convergence
  • Resources
    • Back
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Content Resources
  • Awards
    • Back
    • 2021 MSP 501
    • Circle of Excellence
    • Excellence in Digital Services
    • Top Gun 51
  • Events
    • Back
    • CP Conference & Expo
    • Channel Evolution Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • DE&I
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Agents
  • Cloud Service Providers
  • Channel Partners Events
 Channel Futures

Telephony/UC/Collaboration


Windstream to Lay Off Workers After Thanksgiving

  • Written by Craig Galbraith
  • November 20, 2014
The Little Rock, Arkansas-based service provider – and channel stalwart – said that about one-third of the affected positions are being eliminated through a voluntary buyout.

**Editor’s Note: Click here for a recap of layoffs impacting some of the biggest names doing business in the indirect channel.**

Windstream said late Thursday afternoon that it is cutting 350 jobs on Dec. 1.

It’s a very small percentage of the communications giant’s 13,000-strong workforce, but certainly not insignificant to those who will be out of work. The Little Rock, Arkansas-based service provider – and channel stalwart – said that about one-third of the jobs affected are being eliminated through a voluntary buyout.

The move is billed as an attempt to further “[improve] operations to drive efficiencies.”

“Today’s actions are difficult, but necessary to effectively manage costs,” said Jeff Gardner, president and CEO of Windstream.  “While we are eliminating certain roles across the company, we continue to invest in strategic areas of our business to grow revenue, better serve customers and create value for shareholders.”

Windstream expects the changes will save it $20 million per year. The company expects to pay out $7.5 million this quarter for severance and other employee benefits related to the layoffs.

Earlier this month, Windstream reported a 74 percent drop in profit in the third quarter compared to a year earlier. The company faced greater expenses, including merger and integration costs. Revenue also fell, but only slightly. Business services were a bright spot, with data center and managed-services revenue climbing 21 percent.

Follow senior online managing editor @Craig_Galbraith on Twitter.

Tags: Agents Telephony/UC/Collaboration

Related


  • Handshake representing acquisition
    AppSmart Agents Embrace Cross-Selling, Add Energy, Cloud Solutions
    Agents are moving beyond traditional connectivity sales as their primary business.
  • Merge road sign
    Agents Voice Concerns, Hopes for Master Agent Consolidation
    Subagents weigh in on how mergers and acquisitions could impact them long-term.
  • Customer care
    8x8 Adds Birdeye, RingCentral Vet as Chief Customer Officer
    8x8's latest hire has an extensive history in the channel.
  • women leaders, women-led business
    Ruby Blazes a Path for Women-Led Businesses, Proves the ROI of DE&I
    Management — which is 72% female — is driving industry leadership and growth.

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Ziply Fiber Rolls Out Agent Program with AppSmart, Intelisys, Telarus
  • Avant Agents Ask for Supplier-Agnostic Tech Sales Training
  • Avaya Cloud Office by RingCentral Now in 13 Countries with New Features
  • Cloud Communications Market Rocked by Microsoft, COVID-19 in 2020

Galleries

View all

Recent M&A Frenzy Highlights Trend of Private Equity Firms Targeting MSPs

April 22, 2021

Industry Perspectives

View all

What the Recent Microsoft Exchange Vulnerabilities Mean for Channel Partners

April 21, 2021

Annual MSP Benchmark Survey Reveals Remote Work Still a Top Challenge

April 20, 2021

Why Digital Transformation Is the ‘Invisible Hand’ of Our Time

April 19, 2021

Webinars

View all

Health Care and SD-WAN: A Seller’s Guide

April 27, 2021

How MSPs Can Leverage SOCaaS to Improve Security & Grow Revenue

May 20, 2021

Agility & Engagement Lessons for Driving Growth

February 11, 2021

White Papers

View all

Hacker Personas: A Deeper Look into Cybercrime

April 20, 2021

Carbonite Data Protection and Cyber Resilience

April 15, 2021

Top Tips: How Resellers Can Leverage Rackspace to Enhance Customer’s Cyber Security Protection with Microsoft 365 Security

March 30, 2021

Upcoming Events

View all

Channel Partners Conference & Expo

November 1, 2021 - November 4, 2021

MSP Summit

November 1, 2021 - November 2, 2021

Channel Evolution Europe

November 30, 2021 - December 1, 2021

Videos and Fastchats

View all

ACC’s Nancy Ridge on Gender Diversity in the Channel

5 Reasons Diversity, Equity and Inclusion Is Important

April 14, 2021

Five9 Shares Insights on Implementing a DE&I Strategy

April 13, 2021

FASTCHAT: How Fortinet Reduces Complexity Through Networking, Security

March 31, 2021

Twitter

ChannelFutures

#MSP acquisitions are seriously taking off as private equity firms are chomping at the bit to buy. We asked our par… twitter.com/i/web/status/1…

April 22, 2021
ChannelFutures

.@TrendMicro rolls out revamped #partnerprogram. #cloudsecurity dlvr.it/RyFPk8 https://t.co/Pkwba4Ue7d

April 22, 2021
ChannelFutures

.@NetAppPartners will be able to co-sell @rubrikInc cloud data management and protection. dlvr.it/RyFPfQ https://t.co/Ot1Jsq9ZcS

April 22, 2021
ChannelFutures

We have the ability to make a difference in the tech industry, but that can only happen when we all work together t… twitter.com/i/web/status/1…

April 22, 2021
ChannelFutures

#Upstack hires Scott Forbush as CRO to lead inorganic growth strategy. @C_Trapp dlvr.it/RyDDb6 https://t.co/B3AAcb587S

April 22, 2021
ChannelFutures

RT @InformaTechHQ: Happy #WorldEarthDay! To mark the day our CEO Gary Nugent highlights the importance of technology and how it can be a dr…

April 22, 2021
ChannelFutures

.@cisco and @HP make huge #sustainability pledges for @EarthDay #EarthDay dlvr.it/RyCyNG https://t.co/T56157sj6p

April 22, 2021
ChannelFutures

.@pulsesecure #VPN hack prompts federal emergency directive. dlvr.it/Ry9TWn https://t.co/5KKQWvGYRN

April 21, 2021

MSSP Insider

Business advice for MSSPs and news from the broader security channel.

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Galleries

Educational slide shows and images from live events.

Media Kit And Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Events
  • Telecoms.com
  • MSP 501
  • Black Hat
  • IoT World Today
  • Omdia

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2021 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X