what is going on moving people to Claremont from Catawba on volunteers trunk on 3 day weeks nothing done as they used to be... all things done on a whim.. no process done the same making up sh-t on the fly! No accountability. We sure don't see or... — read more
CommScope cost reductions
Why does CommScope bother having a bunch of "IT experts" when they aren't allowed to do their jobs? And heaven forbid they actually try to fix any issues that arise - nope, apparently that's not in their job description any more. Instead, users are... — read more
HN
Does anyone know what's happening here? I hear rumors that some folk have gone as you would expect with synergies. When do we assume we are safe?
Resale of 50.9 million common shares ?? What does it mean?
Anyone understands what is behind that SEC filling from March 1st after the earning calls? CommScope files to sell 50.9M shares of common stock for holders Mar. 01, 2024 4:19 PM ETCommScope Holding Company, Inc. (COMM) StockBy: Sinchita Mitra... — read more
Commscope can't pay bonuses NO MONEY
Looks like my previous post was taken down... I'm glad it made SLT uncomfortable!!! Commscope is skipping bonuses and probably the next cost of living adjustment too!!! While the hr boss tells you that is a personal choice to work here, but she... — read more
Golden Parachute Anyone?
Please read “Golden Parachutes are often negotiated at the time a CEO joins the business. CEOs are frequently head-hunted in - it's not like Goodyear places an advert on Craiglist, inviting applicants. Because they're headhunting, inevitably the... — read more
Hello My Baby, Goodbye to CommScope, See YA my Rag Time Gal...
Well... Golly gee.... Stock Market has just closed today following the release of CommScope's Q4 results.... ...and now the CommScope stock has closed at $1.16 a share. I imagine Captain Treadway is walking the deck tonight of the HMS CommScope... — read more
Strategic Cost-Saving Measures to avoid layoffs.
Save as much as you can to protect positions from layoffs. That's the instruction from upper management. They are aiming to conserve cash flow and potentially avoid layoffs. Therefore, be mindful of expenses and consider delaying or renegotiating... — read more
Sufficient Cash for 1 Year
They have enough cash to continue to operate for 1 year. Is that enough?
2 more weeks until Q4 earnings
Let the countdown begin! All will be revealed.
Layoffs?
Any new talk of a layoff ? , it’s been quiet for a while.
2024 Compensation
Will there be an annual bonus, salary increase or promotions in 2024?
Jobless Benefits Applications on the Rise
But somehow, all is good. Better than ever. https://news.yahoo.com/us-applications-jobless-benefits-rise-133801549.html
Ready for the next round of layoffs?
Hearing that Koen has recently told CCS teams they need to cut another $30M. Anyone hearing rumors on who or when?
CommScope receives downgrade as debt concerns remain
CommScope receives downgrade as debt concerns remain Jan. 22, 2024 9:11 AM ET By: Brandon Evans, Seeking Alpha News CommScope (NASDAQ:COMM) was downgraded to Underperform from Neutral by Bank of America amid concerns about its debt load and... — read more
Dell'Oro Group says Broadband Spending will Fall Further in 2024
January 11, 2024 | Jeff Heynen, Dell'Oro Group 2024 Outlook: Broadband Market Faces Challenge -- 2023’s broadband spending slowdown will likely persist well into 2024. Total spending on broadband equipment in 2023 is expected to show a decline of... — read more
Vantiva or CommScope?
What's worse, continuing to work at CommScope or moving to Vantiva? I've been selected to work at Vantiva, and I'm uncertain if it's a good decision.
Layoffs 2024
If Corning is going to layoff Commscope is gonna layoff That is just facts
Let’s conduct our own PULSE survey — what do you think Chuck’s IQ is?
I’ll start the bidding with (a generous) 65….
The company has cut at least $150 million in costs and is looking to make additional cuts into the new year.
LOOKING TO MAKE ADDITIONAL CUTS, SO WILL IT BE ANOTHER LAYOFF?? The company officially moved its headquarters from a large building off Lenoir Rhyne Boulevard in Hickory to one of its manufacturing buildings in Claremont. CommScope spokesperson Kris... — read more
Possibly of Bankruptcy
What are the chances of CS going bankrupt? I know at our last meeting, Chuck said they do not see it happening… but why doesn’t Bloomberg and other sources are saying CS is on its way to bankruptcy with all the losses.
When are results of pulse survey issued?
Anyone know when these will become available? Not that it matters as fully expect that there will be a positive hr spin on the whole thing. Ironic with the timing of it. Like asking passenger's on the Titanic after the iceberg hit,here's a survey... — read more
Looking Good
It su-ks for the floor people when the guy in charge is only looking out for #1 and the rest of suffer and keep limping along
Is the Pulse Survey Anonymous
I rated my boss and CS really low. I feel like since the survey my boss been treating me different.
Why worry about layoffs?
Be honest with yourselves. None of us are happy here. It's been a long time since CommScope was a good place to work. At this point, I'd welcome being laid off with open arms. If you are honest with yourself, you'll realize that right now, layoffs... — read more
Jobs like Commscope pay
Does anyone know of any other good paying jobs that have the 4 on 4 off or pay the last 4 hours overtime like Commscope does? Looking in the Hickory/Statesville areas. Time to start looking they are moving many from Catawba to Claremont plant soon
Did anyone catch the passive voice at the end?
“The debt that was added from the ARRIS acquisition.” Chuck and Kyle said it several times, like that debt just slipped through the door and jumped onto the contract while nobody was looking. They’re Carlisle creatures, right? Carlisle could have... — read more
Thanks for the fireside chat Chuck and Tingle
Let's all band together and suffer together. These are trying times, we arnt offering anything to retain talent, we know we su-k, and we've got 100m in opex cuts we need to make, so please leave and save us the severance check. Employees are just a... — read more
We heard it from the top. Layoffs are coming.
Brace for impact.
Any thoughts on the next round?
I'm guessing nothing before January at best. But that's just a guess.
Left and my life improved right away
Try it. You'll be shocked when you realize how much stress and anxiety in your life comes from working at CommScope.
Upcoming Town hall - Chuck needs to tell his employees the expected layoffs!
Executives should know by now on how many people they plan to layoff in 2024. The # of cuts for Q1 2024 has been solidified when Chuck made his quarterly announcement. Why can’t he just tell us? If Chuck is a great CEO, he needs to be transparent so... — read more
Disgusting pay details, check this !out
https://www1.salary.com/COMMSCOPE-HOLDING-CO-INC-Executive-Salaries.html
Layoffs
I'm still working ! There were no layoffs on the 14th like commented before ! Stop upsetting people if you don't know for sure !!! This doom and gloom stuff su-ks !!!
CommScope Moves Corporate Headquarters
https://www.newsbreakapp.com/n/0pdxj6EG?pd=005UsP9H&lang=en_US&s=i16&send_time=1699932939
Layoffs 11/14
Layoffs are coming starting tomorrow 11/14. Anyone under 5 years will be laid off!!!!
ARRIS to CommScope - Thanks for the Memories
From a recent "Light Reading" article: "CommScope is looking to divest certain assets, including its Access Networks Solutions (ANS) unit, as the company seeks ways to cut down a $9 billion debt load, industry sources confirmed to Light Reading. AT... — read more