Level 3 Layoff Update

I had a call last night from on of my friends who is no longer with Level3. I continue to be amazed how the company can start to grow and then shoot themselves in the foot.

The idea of loyalty to employees is not in the company's DNA as people who have significantly helped correct the company were all basically moved out.

What is going on is the same kind of brain drain we're seeing at Intel, HP, Dell and elsewhere. Basically people are hired to make the company look good, or promoted. Once they get the company to where they need to be, then the axe falls.

Heck of a way to run a business, but I guess that's the way the Crowe flies in Broomfield.