Four time slots are available for this Wednesday. Will Dan be repeating the same old bulletpoints about the layoffs? Will it be a morale boost session about said layoffs?
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If you're in a job that doesn't require a physical presence in the local market, you should assume your job will end up in Houston, with or without you.
Dan pretty much said all finance jobs will be in TX. Assuming layoffs by the end of year for network finance?
This is one of the most disorganized layoffs of any company. I guess it is expected with how disorganized they are internally. They can't even layoff people properly.
And Dan's entire org can go. They are not doing anything anyway. D&D isn't trying to get the company equipment back. ES isn't making sure they follow through. IA isn't verifying that the other 2 are doing their tasks. Why even bother to keep any of them?
Lightower was private equity trash revenue growth was all they cared about not actual profits or creating a substantial business. It was about making $ for the investor at Berksire Partners. The sad thing is that mentality persist through out the network organization speacily in the east.
The old time tower folks never wanted scn or fiber, didn't want to hear best practices from new partners and essentially tanked it all. "They don't fit in Crown Culture" means "they threaten my ego and Crown kingdom" and the emt let them do it. It stills go on to this day.
@3qiv+1okHIOH6, while that may be true, Elliot was still right about us.
@3yet+1okHIOH6 Oh please…Paul Singer is a vulture and Elliot Mgmt. is a cancer. Nothing they say should be taken seriously…activist investors like them are in it to make a quick buck by any means necessary, they have zero interest in the long term sustainability or future of the companies they invest in.
@3iqf+1okHIOH6, Elliot management said 3 years ago that Lightower was a drag on the company and that we’d soon pay very dearly for it. They were right as you just saw within layoff. The messed up thing is Crown laid off the wrong people.
For years, folks in Towers moaned and complained about how Crown needed to offload legacy Lightower, etc.; saying they weren’t profitable, or compatible with Crown’s culture. Now look…
Fact is, companies change, companies diversify offerings, and the people in Towers could never accept either. In this case the company’s hand was forced by market pressures, and thankfully a toxic group of individuals has been downsized tremendously. If it’s all Crown’s fault, and nothing to do with market changes - as has been bandied about here - then go find one of what must be thousands of openings at other tower companies, I’m sure they’re eager for new bodies because the tower business is still booming.
Get real, get a new job.
Promotions? There are already way too many managers and directors.
@3xjp is proof that Crown doesn’t hire the best and the brightest. I worked in small cell and all of the hires that we picked up in the last 4 years and been guys that were fired from either AT&T or Comcast. It nearly impossible to be fired from those companies yet we decided to hire and promote them here at Crown. And now here we are, a failing company. No need to wonder why. I just explained the reason.
@3xjp+1okHIOH6, so rather than apply for a job that would be a promotion, you’re going to take no action and hope that you get magically placed in it? That’s a ridiculously passive approach. You’re not going to get ahead in life by waiting for something good to happen. Most promotions happen because the person promoted pursued it in some way.
So if you don’t move to TX you’re laid off from D&D?
Fact is they're already paying for the office space and it costs them nothing to put people back in the office. Forget the cost to employees. If they could find a way out of their leases it'd be a different story
Promotions? What promotions. When my group needed a new manager they expected people to apply for the role. Since no one did they hired externally. They don't promote people. If you have to apply to the role that is not a promotion.
It was pretty lame. Basically mentioned that everything needs to be moved to TX. If you want a promotion, pack your bags and leave to TX….like seriously?!?
As many expected the conversation was a Q&A session about the recent layoffs. Everyone should look forward to the future now!
Oh, and if you're not in D&D, back to the office four days per week on-site because 'We work better together'.
Since literally every other large company is pushing the same phony narrative, it doesn't take a genius to factor in why they trying ever so hard to take away any work-life balance that would enable employees to take care of their pets, elders, see their children off to school, etc., because then you're not obsessing about the company 24/7, and providing them with free, unpaid work outside of your contractual 40 hour allotment.
There is also the challenge of justifying having an excess amount of middle management. If they can't keep eyes on their people why else would they be retained? Remote work saves a lot of companies time, resources, building space allotment, etc.
Also, I wonder what local borough/council incentives Crown already has arranged that provides a tax subsidy to the company.... primarily based on how many employees are sitting in a physical office. Yes, this is a real thing, and many times the public has no knowledge of these arrangements. After all, this is a real estate company :)
A hybrid schedule was at least somewhat reasonable. Four out of five days is completely unnecessary, despite the BS data construed. I understand that many folks have been programmed to make the office their lives, you spent so many years in the same building, but please try to deconstruct the mental programming and realize all of the hours and personal events you have missed out on, like being stuck in hour-long traffic, and so many other little variables throughout your career.
They may win the battle, but certainly not the war. Remote work has been around for 20+ years already, unfortunately it took a pandemic to show the many benefits of it - A major environmental benefit was the massive reduction in carbon emissions. Remote work is never going away, and it shouldn't.
The people that have been in Canonsburg for 15 years are the problem. 75% have done nothing but hire friends and relatives as opposed to talent.
Nobody is saying crown shouldn’t evolve. They are saying they should evolve into businesses they know how to run. Fiber and small cell isn’t one of them.
The mentality that Crown is a tower company and that's all it ever should be is like Blockbuster saying it was in the movie rental business and streaming just a fade
Crown is a Tower company. Get rid of the processes. Get rid of everyone who joined less than 15 years ago. Build back better in Canonsburg !
Someone's embarrassed that they have been telling everyone they're in tech.
This conversation has devolved into a truly stupid conversation.
Crown is more real estate or utility than tech. They don't want to even hear the dreaded utility word due to regulation. Tower - real estate. Fiber - utility
I provide space for apple servers I'm real estate, I provide communications to and from - utility
Yes, because there is a universally accepted definition of a tech company. This thread makes me think some people should have been given the boot.
The fact people on this board think Crown is a tech company is laughable. What new products or services has Crown brought to the market place ? It leases space on a tower or a pole along with selling bandwidth which is nothing more than a commodity.
It's a shared infrastructure company and a real estate investment trust. This shouldn't even be a conversation about whether or not it's tech. It's not. It's a real estate company. We rent things to communication companies.
AT&T and Verizon employ and deploy way more tech that Crown and they don’t even call themselves tech companies.
Crown is utility at best and doesn't not operate in the application space. It doesn't provide any services beyond layer 2
I guess thousands of miles of fiber, cloud, end user devices, VMs, and servers doesn't count as tech. I like the current embedded Crown employees, on this site, throwing water on the Lusitania. The company is driven by tech.
Hate to break it to yeah but Crown isn't a tech company.
Dude is a clown. He got the job because who he was buddies with. He came from oil and gas companies and knows nothing about tech.
Is it just D and D or all of ISG (Dan’s entire org)?