Thread regarding Verizon Communications Inc. layoffs

Verizon's share price $44.42 as of last Friday, 9/19/2022, NYSE close. How sad!!!

Verizon's share price $44.42 as of last Friday, 9/19/2022, NYSE close. How disappointing, insulting, and embarrassing!!!

by
| 3077 views | | 26 replies (last ) | Reply
Post ID: @OP+1ik0xwCP

26 replies (most recent on top)

The big question is will Verizon cut it's dividend with interest rates going higher now and in the future.

by
| | Reply
Post ID: @6jua+1ik0xwCP

How low can VZ share price go? I see it settling in at 22 and change within the next 8 months. VZ shares have lost their luster with most institutional investors. If you own VZ shares, sell now, or forever hold your peace.

by
| | Reply
Post ID: @6qsn+1ik0xwCP

I remember the day Lowell referred to T-Mobile as the JV team. How did that work out?

by
| | Reply
Post ID: @6qzu+1ik0xwCP

I still remember the day Dan Mean mocked John Legere as a "Man in a Pink shirt". They got co--y, lost the guard and let the competition eat them!

by
| | Reply
Post ID: @6vcq+1ik0xwCP

Is VZ stock considered an ESG company, where ESG managed funds include VZ shares? Because Florida just removed ESG funds from the Florida pension plans?

by
| | Reply
Post ID: @3gpt+1ik0xwCP

As of 9/19/2022? Really? Had no idea you could jump a month forward. Well today we are at $43.55 so Friday was nothing.

by
| | Reply
Post ID: @3usg+1ik0xwCP

I'd jump for joy if the stock were still 44.42 lol... Last I looked it's down a buck since this post went up

by
| | Reply
Post ID: @3djs+1ik0xwCP

The women of wireless and all the diversity / inclusion propaganda will shoot this stock right to the moon -- don't you worry.

by
| | Reply
Post ID: @2aga+1ik0xwCP

New 52 week low today - 8/23!!!

by
| | Reply
Post ID: @2wvv+1ik0xwCP

Board of Directors: VZ Board has lost its convictions to caveat for the VZ shareholders.

Today, McDonald's Corporation, reported that their Board was replacing three (3) of their constituent Directors.

by
| | Reply
Post ID: @2nzx+1ik0xwCP

Yes it’s called a bust out

by
| | Reply
Post ID: @2evj+1ik0xwCP

What changes were made to the STI? That's one thing that showed VZ treated its non customer facing employees at a higher level than companies across all industries. Too bad after shedding so much talent over the past 6 years.

by
| | Reply
Post ID: @2fkg+1ik0xwCP

It all started with lowe mc adams ,he is the one to blame and the company gave him a golden parachute when he left you figure.31

by
| | Reply
Post ID: @1vza+1ik0xwCP

Woke=Broke=Hans

by
| | Reply
Post ID: @1oeq+1ik0xwCP

Will Verizon survive and remain solvent?

by
| | Reply
Post ID: @1hlv+1ik0xwCP

The union cost is it? Not the wasted money on mmwave? Having to spend 50b on cband? Poor strategy isn't the unions fault.

by
| | Reply
Post ID: @1mye+1ik0xwCP

AT&T is absolutely unionized….try again…..

AT&T is the only major U.S. telecommunications company with a fully union-represented, non-management workforce where about 73,000 employees are unionized.

by
| | Reply
Post ID: @1khz+1ik0xwCP

Retiree here and I am not a Union supporting retiree. The Union has zero to do with the status of Verizon. Years of pi-s poor decisions started with the buying out of Vodafone and pi----g away money on ventures that did not grow corn. Every move Verizon has made has been to keep the dividends where they are...higher than most other companies. Insisting on paying that dividend is what has driven so many poor decisions by the C-suite.

What happens when a company can no longer provided growth by sending it work overseas and by reducing its national work force? Nothing good is what happens and one can expect to see Verizon stock continue to fall and eventually the dividend will be reduced by close to half.

by
| | Reply
Post ID: @1ypw+1ik0xwCP

This is what you do when they give you access to a time machine? Hope you at least got a lotto ticket.

by
| | Reply
Post ID: @1prp+1ik0xwCP

Poor Leadership and bad strategic decisions is how vz got here.

by
| | Reply
Post ID: @1vsd+1ik0xwCP

Wireless competitors, AT&T and T-Mobile, dont have any unions, correct. But why do Verizon customers defect to T-Mobile.

by
| | Reply
Post ID: @oqy+1ik0xwCP

White collar employees RIFs.

by
| | Reply
Post ID: @syj+1ik0xwCP

Listening and reading the quarterly details, have you?? Why do you think Berkshire reduced investment to zero percent. Impacts the bottom line. The US market share for wireless customers is not growing. Issues, employee performance and total employment compensation. The white collar employees take the loss as in the recently reduced STI. The costs for union employees are enriched and above competitive labor costs. This bottom line cannot substantiate a reduce pricing per month for wireless lines. This bottom line cannot substantiate the sustaining of the quarterly dividends. The bottom line impact effects the EPS. Dig!!!

by
| | Reply
Post ID: @sof+1ik0xwCP

The unions have nothing to do with this. Learn to read quarterly conference calls.

by
| | Reply
Post ID: @mps+1ik0xwCP

u sure.... maybe too hot too handle.....im glad i got ridof mine in the knick o time.... oopsie daisy...

by
| | Reply
Post ID: @ohd+1ik0xwCP

How much lower for the VZ share price?? Remove both the unions, CWA and IBEW. Cannot continue this carnage in the VZ share price!!! VZ will be removed from the DJIA, list of 30 stocks and would be funny then to replaced by T-Mobile.

by
| | Reply
Post ID: @uig+1ik0xwCP

Post a reply

: