It seems that people are disappearing from teams without any company wide communication. Look on social media and you'll find evidence. This is worse than major rounds, in my opinion. At least with a major round, you know when it's done. This can go on forever.
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Of coarse he’s a clown. No self respecting person would take this job if they had options. It’s like the Cleveland Browns trying to find a head coach. You pick from the scraps because it’s a sinking ship that nobody wants anything to do with.
Worst is that they are mostly who's left and they still fight any and all changes tooth and nail. Alas it's now too late for the emt to realize the roll nepotism has played in the company's downfall. The buyer will eliminate it in one fell swoop.
At this point it would be almost nothing for amt to buy crown, fold in the licenses and eliminate all general and administrative staff. Congrats all you glory days folks. You polluted mgmt w unqualified friends and family then fought scn and fiber so hard you k*lled the company.
@jm because the tower business isn't growing and Crown has to much debt. A competior would happily buy Crown. They get all of Crown's towers, fire everyone and collect all the rent. It also helps with pricing with the carriers. Now they don't have to compete and have a better portfolio to sell them. I can't believe you can't see why a competitor would want to buy Crown. Private equity can do it too, they buy the asset and collect the rents and build more towers. They don't have ot keep raising the dividend 3% each year and collect rent. If you don't think Crown will be sold, how do you think the will grow?
Everyone who thinks it will be sold. What's the thought process there, private equity? From a footprint standpoint there's no reason for a competitor to buy, so are you thinking it'll just go private?
@dq the warn act typically enforces a penalty of 60 days pay and benefits. It doesn’t really apply at crown because you get more than that in the severance package.
Silent but deadly and smelly as heck!!
The company is being slimmed down to be sold. Probably happen in the next 18 months
They probably found a way around properly reporting the layoffs to adhere to the WARN act. The act seems to have too many loopholes.
That been goin on since 2018 at least.
It’s called quite quitting.
They will be be firing people till they have new owners.