Thread regarding Commscope Inc. layoffs

Chuck Treadway should resign

He is an utter failure in every single measurable way.
"Chuck" if you read this, employees may smile and wave but just know that they have 0 faith in your leadership ability. The stockholders are saying the same exact thing. What's your end game? Why not step out and give someone else a chance. You should have stepped down at least a year ago.

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| 2625 views | | 13 replies (last June 22, 2024) | Reply
Post ID: @OP+1t2FhVIZ

13 replies (most recent on top)

@7tfy+1t2FhVIZ

Chucky Boy be waiting for his bonus. He and the team are untouchable now. No removing them from the table. What other place would reward failure like this?

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Post ID: @7gss+1t2FhVIZ

Chuck will never resign. If the board hasn’t fired him by now they won’t. If any other corporation had seen a drop in revenue and an increase in debt like we have, the C level suite would have been replaced already. Given that his compensation package is 230% more than average for companies this size and he received a 16% increase in base pay last year, the board has no plans to remove him.

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Post ID: @7tfy+1t2FhVIZ

@3xtm+1t2FhVIZ

If you want a career at CommScope, you have to be prepared to brown the nose and not care about who you throw under the bus along the way.

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Post ID: @7knn+1t2FhVIZ

@2jtb+1t2FhVIZ

I can confirm this has happened to someone I worked with. He was an GREAT worker! But he was put on a performance improvement plan anyways. It was hard to watch because everyone knew he was stressed out. He would come in early and leave late every day. (Hard to watch in my opinion) The sad part was they still let him go… no severance package… CS has a cruel work culture.

He was genuinely a good guy but one thing he didn’t do was become buddies with management and that cost him his job. Funny how office politics work.

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Post ID: @3xtm+1t2FhVIZ

@2jtb+1t2FhVIZ totally believe this is the case.
Have Been given workload of 3 cplleagues who are now gone in 8 months.
Got good review earlier in year but less than 1% bonus.this is the BS mind games Been played to get people to leave.
Fully expect to now have a poor performance review as its all a major train wte k and yes I do believe they will try any nasty tact8cs to fire instead of layoff.
Place is a disgrace

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Post ID: @2dom+1t2FhVIZ

I worked at Claremont for 7 years and just recently left due to the absolute catastrophe that chuck and his ilk has caused for the floor workers. Got pushed to nights when the layoffs happened with the assurance it wouldn’t be a long stint. That was a bold faced lie. Then I get pushed to a job I didn’t bid on. Then on top of that, occasionally had to do 2 different jobs simultaneously. No kind of appreciation shown whatsoever. This company is a complete train wreck led by a board that doesn’t care about how they’ve done the ones making them their millions of dollars in bonuses. If any of yall that still work there are smart, jump ship while you can. I personally took a pay cut but I’m somewhere that has better benefits and that treats their employees like humans, not just a means to an end.

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Post ID: @2bge+1t2FhVIZ

I keep seeing comments about the severance package. Just an FYI, CS has an initiative to avoid giving out severance packages. This means they will fire you for other means like poor performance if they can.

Employees who have been with CS for many years and have never had performance issues are now being put on PIPs. I find this as an illegal tactic that management is using to get rid of people without having to payout, probably for cost saving reasons of course. There have been mass layoffs with no replacements, so employees have to take on additional responsibilities on top of their own. Then they are given unrealistic goals. And when they can't meet these goals, they are put on a PIP. Then it's goodbye...

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Post ID: @2jtb+1t2FhVIZ

@zyu+1t2FhVIZ Comm 1st mistake was to use leverage to acquire Arris where the company added $7B to their existing $3B+ debt.
Secondly, I felt that Carlyle parachuted Chuck in to sell off the BUs. I do not think that he had any plans to turn the business around through growth by introducing new products etc. Further, his skills set wasn't a good match to Comm's business. He is out of his depth.
Thirdly, covid destroyed Comm NEXT and the industry completely. It caused the build up of inventories which is directly responsible for the current reduced orders from customers.
Now, I think the BOD is think dropping Chuck now would rock the boat when stabilizing the situation is required.
I don't think that Chuck has the vision and leadership skills required to save the company, but who would want to take over this company now should he be shown the door?
As for Kyle, I'm not impressed with him. He had years to refinance the debt burden which would have given the company a fighting chance while interest rates were low. Now he is trying to close the barn door after the horses have bolted.

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Post ID: @1bud+1t2FhVIZ

Employees left are treated like fools.
Extra workloads for cr@p bonus.
Pay freezes and any merit this year will fall well below any cost of living adjustment. It will be a few crumbs whilst chuck and rest of slt keep riding their gravy train.
Amazed how the company is still going to be frank,it's so mismanaged

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Post ID: @ikb+1t2FhVIZ

Best scenario for an employee, is a layoff with package and be forced to look for a much better opportunity elsewhere !!!!

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Post ID: @rra+1t2FhVIZ

No one smiles or waves at chucky cheese.
Or any other slt a hole

Most folks think they are roten fruit and we can’t wait till the fruit falls from the tree.

After 3 years of no / sh-t Cost of living adjustment …. Or no bonus.
Everyone of us is working at a loss .

Company can’t barely afford to loose the talent left before it becomes a tub of sl--e with 1 brain cell ….

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Post ID: @urn+1t2FhVIZ

Why would he leave voluntarily when he’s raking in the big $$$?

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Post ID: @gka+1t2FhVIZ

Chuck is a bonehead, it’s true. But no one in his role could have foreseen or prevented the sharp falloff in demand for all the things we sell. It’s just been brutal. Where I think he really made himself look like an id--t was his swaggering, misplaced confidence in his Commscope NEXT growth plan. He spent tens of millions of dollars on McKinsey consultants to create a detailed, ambitious growth plan — and then claimed the plan as his own brainchild. The plan was stupidly unrealistic to start with, but then our markets all tanked. Let’s face it, our board brought him in based on the fact that he got lucky at his prior company and made its PE owners rich. The board and chuck confused d-mb luck with skill, and now we are stuck with him. The board will never admit they made a mistake hiring him.

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Post ID: @zyu+1t2FhVIZ

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