So, what is the result of all the restructuring in the last few years? I would say that the result is gradually worsening workplace. This company doesn't seem to have a clear goal anymore. At least that's how it looks to me. Are you tired of bad changes? I certainly am.
7 replies (most recent on top)
Agreed @OP+1flnonyC. Things were bad going to worse and don't see any changes that can help. Bottom of the barrel experiences for people of color. Leadership buddies getting blatant favored treatment across the board, like not being hybrid. Recent onboarding not inline with CC culture.
CCI trades at 76 times earning which is high for REIT AMT trades at 45 and is the leader in class SBAC 144... either way it's a TRI-opoloy and a good investment long term
"To the guy who says Crown stock is performing well, you couldn’t be more wrong. SBA and AMT is the standard. Even in a down market, Crown isn’t even close to being as valuable."
That's a know comparison that's irrelevant to the other comment. They made the point that the stock has been going up and going up consistently therefore increasing the networth of the executives making poor decisions.
That was a comment about personal wealth gain as a company goal, not investor value in relation to competitors.
Crown has a plan and it’s a good plan. Small cells are the future and the fiber is needed to power that future.
The problem is Crown doesn’t know how to manage a fiber business. They overpaid for the fiber acquisitions and crown has failed to recruit talent to run the fiber business. Crown should’ve been poaching Verizon and AT&T execs to run the fiber business. But they recruited from Google and retained the Lightower execs who don’t know how to control costs and make the fiber business value accretive.
Seeing the way Crown was going, I left for a competitor who’s attention isn’t distracted by the fiber monstrosity.
To the guy who says Crown stock is performing well, you couldn’t be more wrong. SBA and AMT is the standard. Even in a down market, Crown isn’t even close to being as valuable.
I’m tired of the excuses for not increasing pay, and using a re-org to get employees to take on more work. I feel taken advantage of.
If your pay raise isn’t matching inflation, it’s a pay cut.
CC used to pay everyone well 6+ years ago. CC used to take people to the rodeo, All Hands events, dinners, and team building activities. CC used to be a great place to work.
I’ve seen too many undeserved promotions, benefits eroded, friends leave, and bad business decisions. The org chart is changing, but CC isn’t promoting from within. This is a recipe for disaster.
I think CC has been scrambling to hire a bunch of new people since the DT initiative without much calculated thought. To make matters worse, once Covid started the upper management become less in touch with the people they manage. Managers and executives are too detached from reality and the desires of employees.
Unquestionably. I think we all know the answer though, it's all for the quick gains. Which has been effective.
We went from an amazing place to work with a solid business model where we cared about culture and people to "delivering for our customers" and claiming bonuses are now supposed to cover inflation... The results?... Stock has been doing great year over year... And making some executives filthy rich.
I'm convinced it's nothing more than a pump and dump for a lot of them. Hold on, drive growth at all costs, get out with 8-9 figures in stocks and let the next chump deal with the fallout.