You guys wanted the stock to rise! All it took were some layoffs.
I’m wondering if the Valhalla people have an opinion on this?
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Valhalla strongly supports Verizon. If they say we have way too many employees, who are we to disagree? If HR isn't doing their job and adds way too many employees, all they can do is layoff to git their numbers right.
Ahhhh what’s a few thousand unemployed people if the stock will go up, corporationism at its worst, problem is vz will be at $30 soon but those rifs can’t afford cellphones anymore, jokes on Verizon
@yja+1jq7jLh3 We love all y’all. Don’t be waitin apply apply apply to any thing with the company. Valhalla praying for you.
Valhalla rules, we have said all along that it's time to align our workforce with the reduced amount of work. This is what happens when HR falls asleep at the wheel and overhires employees.
not got auto-corrected to nice t in previous post.
@qvy, how jaded you are to believe such machiavellianism exists. It was nice t for a short term profit that this was done.
I’m literally laughing out loud at the people who think a layoff doesn’t impact the stock.
Rationale, if inquisitive, needing to project a longer-term plausible direction. If there is a plan [needed] to mitigate a lower share price. Because share price for the shareholders whom all want to know when their stock overhead supply could be attained while hold their nose and their breath to get the next quarterly dividend.
I doubt it's layoff-driven. Dow was up 600 at one point this morning. "A rising tide..." as the saying goes.
@qmi why apply logic?
Indeed, bloated operations need streamlining but the cost structure of employees to the EPS and bottom line where the current dividend can continue to be sustained forever!!! Then to not borrow money to pay for the dividends. And the reduce the corporate debt. Mission impossible???
That’s not what motivated the layoff. No one makes cannibalizing their operations a stock-boosting business plan. Streamlining bloated operations is the aim of force reduction. Why would any company ever consider needlessly hand-delivering talent to competitors?