Thread regarding Verizon Communications Inc. layoffs

Verizon’s 5-Year Plan Looks Great on Paper… But I’ve Seen This Movie Before

I get the big picture.
Fiber via Frontier. Fill the gaps with fixed wireless. Monetize 5G. Use AI and edge to cut costs and open new revenue streams.

On paper? Solid.
In practice? That’s where it falls apart.

The strategy is being sold to Wall Street, not to the people who have to make it work. By the time it filters through the fiefdoms, it’s been twisted into three different versions. Short-term price hikes and quarterly stunts end up overshadowing the long-term play. And after enough “big ideas” that got quietly buried, employees know not to bet their careers on the next PowerPoint vision.

I’m retired now, and I understand the big picture better than ever.
The problem isn’t the plan.
It’s that leadership still hasn’t figured out how to connect it to the people who actually deliver it.

Hans, this isn’t AI talking. It’s called common sense — something Verizon could use more of before the next earnings call.

And here’s the truth: if the people inside can’t believe it, the people outside won’t buy it either.

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Post ID: @OP+1k28mysgq

7 replies (most recent on top)

Sammy tried to sell this to me but I muted the sound and did other stuff instead

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Post ID: @q9+1k28mysgq

I VSP'd and left the dumpster fire. I am starting to think the long game is just to spin the base off to MVNOs/wholesalers, and all the assorted prepaid brands, and just be network operator. Imagine all the overhead that can be cut to further enrich Hans along the way.

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Post ID: @jv+1k28mysgq

Giving away free lines while paying customers cannot churn fast enough

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Post ID: @jr+1k28mysgq

My five year plan is to take what I can get the next five years, and then get the he-l out of here. All this toxic nonsense isn’t good for you

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Post ID: @jj+1k28mysgq

Verizon's 5 year plan is to cut costs and increase service prices.

Use H1b visas and hire temp/contract workers. Continue to reduce retirement & health insurance benefits. That is the real 5 year plan.

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Post ID: @hf+1k28mysgq

@a3

' Hans ran Ericsson, saw what worked, and lived through what didn’t. '

https://www.europeanceo.com/business-and-management/ericsson-ceo-hans-vestberg-sacked-after-seven-years-in-the-role

Ericsson BOD were smart and booted him, while VZ BOD happy with 'business as usual'.

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Post ID: @ds+1k28mysgq

@OP

That’s what makes this so frustrating. Hans ran Ericsson, saw what worked, and lived through what didn’t. That should have been the wake-up call — the moment to take those lessons, avoid the same traps, and build something lasting at Verizon. Steve Jobs failed the first time at Apple, came back, and completely reinvented the company. The great leaders learn, adapt, and deliver. The rest? They just rebrand the pitch deck.

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Post ID: @a3+1k28mysgq

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