Thread regarding Verizon Communications Inc. layoffs

Overhead Total Cut?

We all know the 5B target... so how much has actually been cut from the balance sheet?


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Post ID: @OP+1ky0bhwxm

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Well the BT JV will certainly help towards making that number, once it's finally ratified next year I guess.

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Post ID: @ce+1ky0bhwxm

3k gone last week, so… maybe 10k more to go?

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Post ID: @bd+1ky0bhwxm

More offshoring of jobs coming until 100% of the work force is in Bangalore.

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Post ID: @as+1ky0bhwxm

You mean P&L. The $5B is in OpEx savings target which an expense item on the P&L.

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Post ID: @ac+1ky0bhwxm

Not enough. Big one coming soon maybe November or early Jan feb because Dan the hatchet man promised Wall Street ai-cs tech stack would be ready in November

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Post ID: @a2+1ky0bhwxm

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