The witch is gone. Buy LN. hope you had a good time destroying the company, and hope the door doesn’t hit you on the way out while acting as “Advisor” (or in other words getting paid for your silence)
2024 goals
Did everyone finish their discussions with their management on the 2024 goals? 100x more work to take on + same pay + in the office 4xday #smh
Earnings call tomorrow
Anyone else nervous what will be unleashed from this?
Insider Transactions at Crown Castle
https://www.marketbeat.com/instant-alerts/nyse-cci-sec-filing-2024-01-21/ VP R.S.C ollins sold 1,500 shares of the business's stock in a transaction on Thursday, December 14th
Annual Incentives / Bonuses!
Howdy folks anyone want to start the rant?
Jay Brown consulting for Crown
"Mr. Brown would remain with the Company in an advisory capacity from January 17 through June 6, 2024. Pursuant to the agreement and while an advisor he will receive the same base salary as in effect to his position as CEO." WOW! Crown is paying... — read more
Another new board member added
Bradley Singer has been added. A bit strange Toney didn’t send out an email about the change. But then again, nothing surprises me about this place anymore.
Stock Price
Don’t look now, but with all the current Crown Castle poor EMT management, Crown’s stock price is in a downward death spiral. Elliott, we need help!
New CIO hired when house is burning
What’s next? Massive layoffs? We are all moving to Houston?
Crowns half of SSI contributions in severance
To those who got severance, will we be required to pay Crowns half of our social security? Will we see a shock when we received our W2 since we received a significant amount of 2024 wages in 2023?
It seems we will be stuck with Tony for a while
https://www.ft.com/content/979af923-99f0-4e66-82e2-fea1f0433c43
Layoffs
Any news on potential layoffs?
Elliot is still quiet
Is it me or is something big about to hit the fan? We have been asked to provide reports/EMT requested items to support the Elliot review. Corporate 2024 goals are BS and they are enforcing us to go into the office in 2024 because they are tracking... — read more
Bonuses
How are they looking this year? First time in ten years I haven't seen an email letting us know what rate they're being funded at.
The Worst Part of Days in the Office
The constant reorgs, goal changing, and mismanagement from the EMT is bad enough. But you know what makes days in office truly unbearable? Our fellow low level employees who are still optimistic about this place and high on the PURPLE kool aid. I’m... — read more
Jay’s Retirement Gift
This is just one bad joke after the other. If you haven’t read your emails yet, you can send thanks and warm wishes to farewelltojay@crowncastle.com. He’s walking away with millions with his payout, cost many their jobs. How tone deaf can Crown be? — read more
Crowns Drone Program in Jeopardy???
Just heard about the bill that is about to be signed prohibiting any Chinese drone in the US from flying…Wonder how much that is going to cost them…
Let’s Make Crown Great Again
Happy New Year! It’s 2024 and the Purple Palace is still standing. No one has to return to work it’s your choice to walk in an office or if you’re remote hanging out at your house to turn on your computer or just quietly quit. Waiting for Elliott to... — read more
It’s a new year, where are you Elliot?
Elliot has been quiet since their investigation on the fiber business. I know that massive layoffs are coming up soon but please make it asap, I don’t want to sit there listening to my lame director saying “let’s put effort into making this company a... — read more
Bringing back laid off
Tower teammates. I know of 5 they’ve already asked to come back with prorated severance paybacks. We are all trying to get out of the sinking ship. Who in their right minds would want to come back. You got the severance! Consider yourselves the lucky... — read more
Everyone should look to transition out of telecommunications
There is a massive bo-m going on in the renewable energy space right now with things looking to be even more robust in the future. Solar and wind is cheaper than fossil energy now, the IRA is a miracle bill, and there are so many different avenues... — read more
Here's what JB is telling us is going to save the company:
Spend millions and millions in severance, unemployment benefits and relocation costs, have double staffing during the transition period and rent 2 new buildings in Houston - just to close 2 buildings in Washington County, PA that will be difficult to... — read more
My entire team is looking for a new job
I'm not exaggerating. Every single person I talked to about this said they were looking. Not everybody is doing it with the same urgency, but all are applying. I don't think the leadership realizes this. I don't think they are aware of what kind of... — read more
Happy Holidays
No matter if you are on Team Tower or Team Network, Hybrid or hanging out Remotely at home I hope everyone had a Merry Christmas and is looking forward to a bright and shiny New Year! Please ditch the hate and spread Peace, Love, and Joy! Yours... — read more
Positive Only
Happy holidays with however you spend these days. I hope this next year is a positive one for you.
Remote Status - Lifting 4 day hybrid mandate
Word has it we aren’t replacing closed offices anymore? Is that true? Immediate cost savings. We will continue to forgo renewing any building lease that come up and have the vast majority of employees work remote. It’s up to the employee to come... — read more
Merry Christmas
Merry Christmas I think we all agree that enterprise fiber is gone
Purple Park in Austin…Endless Spending!
Will Crown shutdown the money pit, it’s a place where Google’s failed employees work for Crown now and burn through money. Another terrible network decision and zero accountability for their actions and spending. It’s network hangout that originally... — read more
Which EMTs will surive?
Making bets, I put my money on only TA
More Elliott changes announced
The latest in updates per Crown's press release. Purple is going away and the B3s are being reinstated.
Who else position eliminated - notified today?
Who else position eliminated - notified today?
One-on-one with my manager
I have an unexpected one-on-one meeting with my manager tomorrow. I haven't heard of any layoffs before the end of the year, but I can't stop panicking. Did anybody else receive a similar invite out of the blue? How worried should I be about this? I... — read more
Elliot = RIF/Sell off
Brace yourselves everyone. A major RIF is coming along with portions of the company being sold. If history prevails, this is how Elliot moves: CEO removal, evaluation of the business, major layoffs, sell apart of the business and then eventually... — read more
Crown Castle shake up
Elliott needs to look at who's running the ship. There are people in place that have no idea how to run a Fiber company. Some work at Crown that run Google Fiber into the ground. Some are bullies to make up for their lack of leadership and technical... — read more
Elliott’s Changes Occurring!
https://finance.yahoo.com/news/crown-castle-gives-elliotts-demands-145640716.html Copy and paste Elliott update. Changes are being made by Elliott!
Relocation fees were intended to be paid back
I got to digging today and found the Relocation Policy that was linked to the October Relocation request and saw that CC was working with a third party company to assist with helping employees relocate. It then went in to say about how any expenses... — read more
Count on layoffs in every group
I know of people who think their group or themselves are safe from layoffs because of their experience and knowledge and good relationship with their manager and so on. If they had been paying attention, they'd know how wrong they are. People who I... — read more