Qwest Employees Sending
Mixed Signals in New Vault Employee Surveys
AOL Business News
Friday, May 13, 2005
NEW YORK--(BUSINESS WIRE)----Qwest employees are sending mixed signals about the company's future, New York research firm Vault has found in new employee surveys on the communications giant. Qwest said this week it has no plans to revive a failed attempt to outbid Verizon for MCI. The survey results, published today, can be accessed on Vault.com.
Vault's employee surveys give investors and jobseekers insight into the company's business operations.
Says a former manager, "The chief executive has fallen back to his roots, of running a telephone company in the same manner he ran Ameritech. Little or no innovative ideas, a great deal of focus on service, which is good, but not a long lived vision of the future. While focusing on service, he has been eliminating any product lines that did not fit into his model of what a telephone company should provide. This action eliminated any ability for Qwest to tap into new technologies that could help the financial bottom line."
For survey results, visit:
Another former manager thinks that, "While the industry leaders are changing their technical focus and upgrading technologies, Qwest is managing the financial damage of the previous leadership. As a shareholder, I wish I could say they will rebound. Their recent business opportunities are failing, and they have had a long string of bad luck. I see them continuing to sell off all valuable researches until SBC or Verizon consumes them."
To see more excerpts from the surveys, click here: http://www.vault.com/go/to.jsp?place=33664
To fill out a survey on Qwest (or another public company), click here: http://www.vault.com/go/to.jsp?place=31317
Neither Vault nor its employee surveys are endorsed by or affiliated with Qwest.
ABOUT VAULT Inc:
Vault, Inc. is the leading media company focused on careers. Vault's primary offering is its web site, www.vault.com, which features "insider" workplace information on over 5,000 companies, expert career articles on more than 70 industries, and an industry-focused job board. Offline, Vault offers the Vault Career Library, a series of more than 100 nationally distributed career-focused print books.
Vault, Inc. Melanie London, 212-366-4212 ext. 230 firstname.lastname@example.org
05/12/2005 14:03 ET