Thread regarding Charter Communications Inc. layoffs

Stock Price

Poor souls who invested in the employee stock purchase plan. I feel bad for you guys. You thought our CEO was trying to help you guys out? Nope he knew the stock would tank. The folks upstairs are getting desperate and are relying on employees to subsidize the stock. Directors make a third of their compensation from stock. You’re all going to get wrecked with the company.

Please do yourselves a favor and de-enroll, I’m saying this because you shouldn’t be crushed by hedge funds shorting the stock

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| 1631 views | | 5 replies (last October 23) | Reply
Post ID: @OP+1k11aj3ht

5 replies (most recent on top)

so many people do not understand how these ESPP work and make ignorant comments like this lol

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Post ID: @cy4+1k11aj3ht

@tt I did this recently. I was told I was being laid off a few weeks ago. I was hoping to move into another department, since two others had expressed interest in bringing me onboard, but after this week, I don't think that's likely to happen.

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Post ID: @cxz+1k11aj3ht

@OP This is one of the most shorted companies in the stock market. Things will only get worse. The more they get over built the more customers they lose. They're only here to serve customers, not build widgets. The company will keep shrinking. You can't keep buying other companies to gain customers, they'll still keep leaving, you lose revenue but you'll still have the same overhead. Pretty stupid on Charters part.

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Post ID: @303+1k11aj3ht

If anything they’ll be better off bc it doesn’t purchase the stock until collecting your pay for 6 months. So they’ll get to purchase the stock at the lowest price (assuming it stays this low in four months). They haven’t lost anything yet; unlike all the director +

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Post ID: @1ap+1k11aj3ht

You can withdraws funds anytime before 11/28.

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Post ID: @tt+1k11aj3ht

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