Thread regarding CommScope Holding Co. Inc. layoffs

Bruce McClelland out

For those who are no longer with ARRIS/CommScope, you may have missed the announcement that the CommScope BoD and Eddie eliminated Bruce's position, so he's out.

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Post ID: @OP+10rdSLx7

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From Joe Chow's linkedin.com page, - Led management team in the planning and divestiture of Cisco’s Customer Premise Equipment (CPE) business, with ~$2B of annual revenue, to Technicolor in 2015. Based on this, I expect that CommScope will break-off CPE at least, maybe N&C, and either try to sell it or make it, it's own entity. The previous words of Jeff Baumgartner were right on. Maybe even Bruce will become CEO again of the new entity ;). Selling Arris to CommScope was a disaster. Getting rid of Larry saves about $2M.

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Post ID: @2shq+10rdSLx7

Yes, clearly tied to earnings and will impact legacy ARRIS BUs. I still question if CommScope even knows what they bought or if they bought ARRIS to get Ruckus (which has its own issues).

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Post ID: @1ahz+10rdSLx7

https://www.lightreading.com/cable/commscope-eliminates-coo-slot-as-arris-biz-struggles/d/d-id/753348

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Post ID: @qeb+10rdSLx7

If you paid close attention to the Q1 earnings call, this should not have been a surprise. While CEO Edwards and CFO Pease were speaking one language, COO Bruce was speaking an entirely different language. And, this probably does not bode well for the L-ARRIS BUs, specifically CMTS and CPE.

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Post ID: @ryf+10rdSLx7

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