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fAcEtIOUs
Premium
join:2002-03-03
kudos:4

reply to telarium

Re: Have a good one, Charter

said by telarium:

Charter's demise will be soon - it will be righteous - and it will be swift. I have a bottle of champagne ready and waiting, and when the day does finally come, I'll be marching down to the Town and Country Commons watching those poor souls - who have been utterly helpless (and useless) in many regards - file out and head over to the nearest unemployment office.
No, most will still be working for whoever buys Charter. Field techs and cust svc employees almost all survive a takeover.
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telarium

join:2004-02-28
Saint Louis, MO

Whoever buys Charter? They're 17B in debt. No one ever assumes that kind of debt -- that's why they call it liquidation. Assets survive liquidation, employees often don't.

Since you're so familiar with the St. Louis area, why don't you go on down and ask some former employees of TWA what they think of American Airlines....


BVT

join:2004-10-25
Mount Juliet, TN

That was funny



fAcEtIOUs
Premium
join:2002-03-03
kudos:4

reply to telarium

said by telarium:

Whoever buys Charter? They're 17B in debt. No one ever assumes that kind of debt -- that's why they call it liquidation. Assets survive liquidation, employees often don't.
Tell that to all the Adelphia employees who now have jobs at Time Warner and Comcast.
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caco
Premium
join:2005-03-10
Whittier, AK

reply to telarium

said by telarium:

Whoever buys Charter? They're 17B in debt. No one ever assumes that kind of debt -- that's why they call it liquidation. Assets survive liquidation, employees often don't.

Since you're so familiar with the St. Louis area, why don't you go on down and ask some former employees of TWA what they think of American Airlines....
Different industry. No comparison. Many differences, union workforce and no pricing power to name a few.
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Skippy25

join:2000-09-13
Hazelwood, MO

reply to fAcEtIOUs
17B = 17 Billion in debt. Plus without seeing a profit in a looooooong time, it would be a very hard sell to anyone.


telarium

join:2004-02-28
Saint Louis, MO

reply to fAcEtIOUs
How about I tell that to the Charter employees who've been outsourced to Mexico, Philippines, and Canada. Or how, perhaps, the local Town and Country headquarters fired service reps - and converted those remaining reps to service Charter phone customers.

You seem to misunderstand. I haven't seen one company interested in a takeover - nor any real over-builders in sight. I'm saying Charter won't survive - and there won't be a cable company in town, save for AT&T's U-Verse (which, presently, might be considered an over-builder).

And even if TWA doesn't meet certain strict requirements to make a comparison - I think there's more in common than one might presume. There was a TWA customer service center located just outside of Lambert -- and they were given the boot, not to mention union mechanics, flight attendants, and pilots. The fact that the industry differs doesn't take away from the fact that takeovers don't guarantee job security - often the opposite, they cement job insecurity. More examples? Mcdonnell Douglas, Ralston Purina, Chrysler (after Daimler), and more...I've had many friends - with all of the above-mentioned companies, lose their jobs in the wake of take-overs.

This is an internal matter - how people - half a country away - seem to know what goes on in St. Louis baffles me.


djhexer

join:2002-10-07
Reno, NV

said by telarium:

And even if TWA doesn't meet certain strict requirements to make a comparison - I think there's more in common than one might presume. There was a TWA customer service center located just outside of Lambert -- and they were given the boot, not to mention union mechanics, flight attendants, and pilots. The fact that the industry differs doesn't take away from the fact that takeovers don't guarantee job security - often the opposite, they cement job insecurity. More examples? Mcdonnell Douglas, Ralston Purina, Chrysler (after Daimler), and more...I've had many friends - with all of the above-mentioned companies, lose their jobs in the wake of take-overs.

This is an internal matter - how people - half a country away - seem to know what goes on in St. Louis baffles me.
I think there is a difference. Well if TWA had plane service at an airport where AA was at then why do they need to keep those employees?? there not going to add more plane serice there? also if they already had a hub that had mechanics they don't need more mechanics at TWA's hub.

Now as for cable its not like comcast and charter have 2 systems in one area so why wouldnt they keep the tech's??? As far as call centers thats a different story thwy prob. close some call centers to keep costs low and have the poor workers get overloaded with more calls and longer hold times

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