Thread regarding Verizon Communications Inc. layoffs

Can't understand why the board hired Han's? Simple. He is the only previous work experienced CEO the company has ever had. The others were nothing more than "next in line" lackeys brought up through the ranks of Ma Bell. If Verizon is to complete, it needs a CEO who actually has competed in the free market against stiff competitors. The board recognizes that and for good or bad, he has the REAL experience for it. It will be interesting to see how he gets a sluggish union workforce to compete with the contractors that the competition is hiring to build their next generation wireless networks. Currently our splicing teams are working at a rate of less than 25 percent productivity than that of the competitions contractors. That is alarming and will surely slow the back bone roll out of the new network in a time where to be the first is so important and customers so valuable. How he gets it done and how it fairs out with the employees, investors and retirees has yet to be seen. But rest assured if you work at Verizon, your future depends on Verizon's success.

They hored him to do a dirty job. Once the job is done, he gets the boot and the execs in 4-4/4-3 can later look like the "good guys." Dirty - the whole lot.

There is no credo. I’d like to hear from just 1 employee that that’s doesn’t shake their heads or belly laugh every time they here Verizon ad credo in the same sentence.

Incredible.

@1upn You mean toilet paper ;-)

Well you know, if you're a CEO or potus, anything goes !!!!

Printouts of "the Credo" are now being used on the Corporate jets in lieu of paper towels... 🤔

Hans is on double secret probation.

This did not come out until 6 months after Hans left Ericsson. However, this did come out before Hans was promoted to CEO and the board definitely would have been aware of it. I googled Hans at the time he was announced as CEO and the first thing that popped up was an article stating that he was fired from Ericsson because of improper use of company expense accounts. I am sure that every executive in the company is aware of this information, but I haven't heard of any of them standing up for the credo yet.

I'd like for you to do me a favor...

He was hired to do a job and he started doing it year one. Once he leaves then you know the company will rebuild. Stock at a record high

We live by the company credo except when hiring our next CEO....what a disgrace.

Can only imagine what fraud, corruption, and other crimes are going on?

I still can't understand how the board hired this guy if they truly believed in the Company Credo. Just goes to show that a different set of rules exist between classes of people in everything in life...Sad...