Thread regarding Crown Castle International Corp. layoffs

Another round of cuts/forced relocation in Feb

Apparently there are talks of another cut/forced relocation in Feb

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Post ID: @OP+1pok434y

20 replies (most recent on top)

Something is going on. I tried sending an email to the director in my district and it was returned undeliverable.

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Post ID: @5orp+1pok434y

There is some “housecleaning” going on company wide. Not everyone is regional or national. Some are unemployed.

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Post ID: @5phh+1pok434y

In the beginning of July nobody saw this coming. Now everyone knows the future? Sure… keep dreaming folks.

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Post ID: @5bku+1pok434y

RIF & REORG...LOL, only the 3rd or 4th reorg in as many years. Solid for sure, best of luck to you all.

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Post ID: @4skq+1pok434y

Considering the company is focusing on 2025 you should expect 2 big changes. Another RIF (expected in March per VP) and a reorg (expected in July per VP.

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Post ID: @4sgw+1pok434y

You are all going to Houston. Eventually.

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Post ID: @3smv+1pok434y

If you’re not in Houston and still in an office or are currently classified as regional, you will in this Q1 2024 round. After this round there will be 1 more planned after that then it’s time to rebuild.

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Post ID: @2yrp+1pok434y

@zen+1pok434y

% change is more relevant than $ change

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Post ID: @1bye+1pok434y

Omg people, the entire stock market is up today because investors bet the Federal Reserve is close to wrapping up its rate-hiking campaign and assessed a fresh stream of corporate results. CCI is not up do to their individual contributions.

Yahoo finance: “Stock market news today: Dow rises more than 500 points as investors bet on end to Fed hikes”

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Post ID: @1avk+1pok434y

SBA's shares up $9.74 today. How did we do?

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Post ID: @zen+1pok434y

The stocks only climbed because of the promise of dividend value.

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Post ID: @giq+1pok434y

The stock had a good climb today. Seems like Wall Street is liking what they’re seeing. I say we keep going and make Crown stronger than ever.

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Post ID: @pcl+1pok434y

This is wishful thinking for those who got the axe. Misery love company…

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Post ID: @moi+1pok434y

Put down your primati sandwiches and pick up some Texas bbq

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Post ID: @zvd+1pok434y

@jsf+1pok434y

How did you make my mind read that in LNs voice?

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Post ID: @ckn+1pok434y

At this point we should expect some for of layoff at every earnings call

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Post ID: @ogi+1pok434y

Not to mention all the job postings currently and to come once no one moves.

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Post ID: @vso+1pok434y

“We have seen such a success in collaborating with the 5 people that moved to Houston. With this we are shutting down all regional offices and having 1 office each. We hope this longer commute or life change event will be the catalyst for you to find a new job.”

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Post ID: @jsf+1pok434y

Not much of a surprise

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Post ID: @zrq+1pok434y

An announcement will come the day of the earnings call. SEC filing will come first.

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Post ID: @pph+1pok434y

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