Thread regarding Crown Castle International Corp. layoffs

Crown does not care

This is the first layoff that didn't pay the employee side of the Healthcare. All others in the past paid both sides for a set time. Those others also didn't pull 22% taxes on the severance. Stocks were vested immediately and not over various years. Crown is doing their layoff with the appearance that they care when they don't. I hope the investors see this and continue to dump stock.

Reposted from @5uqj+1o2H7BkJ for being 100 percent on point.

by
| 1107 views | | 1 reply (last ) | Reply
Post ID: @OP+1o8YC0yw

1 reply

The 2020 riff, unvested RSU were taken so that those laid off did not realize that money and like this riff, cobra was offered, at the rate employees currently pay for their Aetna health insurance. Those laid off pay the full price tag of cobra for the time period covered.

I cannot speak to the 22% but like this time, those who lost their job in 2020 received a lump sum payout, which is taxed differently than weekly payroll.

by
| | Reply
Post ID: @5tqa+1o8YC0yw

Post a reply

: