Summary:

Andy Abramson reports that there maybe more lay-offs at Level 3 and this time the cuts might hit the middle management. While I have no inside information, some people close to the company keep whispering that more layoffs are possibly planned and that the cuts will […]

Andy Abramson reports that there maybe more lay-offs at Level 3 and this time the cuts might hit the middle management.

While I have no inside information, some people close to the company keep whispering that more layoffs are possibly planned and that the cuts will go into the ranks of some Vice Presidents. What is clear is that as a company Level3 has not met its expectations and the question is all about the board of directors intentions and how it will in turn handle the company’s day to day leadership.

The company is clearly struggling to find its groove and is being slammed by the ever declining bandwidth prices, result of too much competition in the marketplace.

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