Crown Castle cuts jobs as telcos slash spending

Crown Castle this week revealed that it will shed around 15% of its workforce as part of a restructuring effort that is closely linked to reduced spending by telecoms companies.
The job losses will amount to around 750 staff, based on the fact that Crown Castle says it employs circa 5,000 people.
The passive infrastructure specialist said that as well as cutting jobs it will discontinue its installation services, which it currently has a product offering within its towers segment. However, it wi