Lumen beats quarterly revenue estimates on data center demand
Fibre-optic cable provider Lumen Technologies reported fourth-quarter revenue above Wall Street estimates on Tuesday, driven by rising demand for data centers amid the AI boom. As the need for cloud ...
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Lumen Technologies Laying Off 4 Percent Of Workforce Amid $7B Debt Restructuring
Lumen Technologies, formerly CenturyLink, said Tuesday that it will cut 4 percent of its workforce at the same time as the telecom giant announced it would restructure $7 billion of existing debt.