Though in the past meetings the CEO has mentioned no more layoffs for this year but this doesn’t seem realistic. The numbers don’t lie and we aren’t naive on what’s going on. So what’s next? What will this Q2 earnings call bring?
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@OP not all bad. We exceeded expectations eight? Rental revenue up by $5 million halfway through the year. Maybe mean and lean is starting to turn things around and when we increase rental revenues with data centers stock makes its comeback?
Crown is being taken over by PE. The writing is on the tower. They will split all that purple into little little bits of red and blue and sell it off.
@1ys omg you are still talking about this
5 days in office is next
@1vv he meet with people and had great conversation. It’s your fault the stock is tanking not his. If you could just work for free and come to the office this would be a great company again but no you need to get paid. This is not best in class.
Where is the guy that said the stock was going to sky rocket after the fiber sale referencing some wall street analysis.. Crown is still drowning in debt and balance sheet still a mess buy hey we are best in class and the CEO ki-ling it on linkedin
The CEO is too busy posting on his socials how great he is and counting all the extras he gets from his deal and prepping for his next role more than anything because if he was focused on Cci he’d actually be really listening supporting and responding to the needs and recommendations, to him we are all social likes and nothing more than numbers. They could structure the business to thrive but egos of the CFO and CEO won’t allow it. How much do they make again with their stocks bonus and salary? Hmmmm
Biggest mistake in the changes was a bad CFO with a questionable past, that change still makes absolutely no sense and has added no value just negative impacts and inflated salaries for his chosen yes men. Change that make smarter decisions and we have a chance of positive change or positioned for a decent sale at least, cut the fat starting at the top that adds zero value outside of ego.
Verizon Wireless announced third layoff today since last November and further reduced CAPEX spend in 2026.
@zp they are going to sell. they have no choice if the stock keeps tanking due to their debt
This CEO will get the boot from the board, just like the rest before him - the stock continues to tank. Then it’s either sell what’s left or Crown 3.0 with another CEO and the circus continues until it’s sold
This company can be ran with 200 people if they are willing to use contractors for the day to day things. If your job can be contracted out, it will be. Crown’s core business is renting space. It’s not engineering, A&E, finance, IT… and many others. All of these jobs will be taken over by vendors in a year.
The stock hit a five year low this month. We have laid off people before to make numbers work. So what do you think is going to happen this time?
How many times have we been told layoffs won’t happen, just for them to continue year after year? If you’re holding out hope for Crown 2.0, you’re a fool
@gw why do u think so
The numbers don’t lie and they spell disaster for you at Sacrifice.
@dp it won’t be this quarter it’s before 3rd quarter results.
Excited to get a email minutes before earnings are released
wait how can you not be crushing it, you are best in class.
The luckiest ones got paid to leave already.
Just remember the last earnings call or the 15 minutes before chaos email? It was talked about “ continued restructuring “ based on customer activity? Well we all know the answer to that!
@ch it’s never them. I still can’t believe they brought back CP after firing her
How many people have to go before leadership realizes they are the issue?
He is a liar. Anyone that believes him is a fool.
Walking through the office and hearing chatter, nobody is busy. Nobody is working. Some people picking split ends out their hair with their monitors completely black and some watching the news. Something’s gotta happen soon.