Thread regarding Verizon Communications Inc. layoffs

Are we really still a business?

https://www.fool.com/investing/2023/05/31/if-you-invested-1000-in-verizon-in-2014-this-is-ho/

If you had invested $1,000 in Verizon on Feb. 21, 2014 -- the fateful day it took full control of Verizon Wireless by buying out Vodafone's (NASDAQ: VOD) 45% stake in the joint venture for a staggering $130 billion -- your investment would be worth roughly $740 today. Even if you had reinvested all your dividends, your stake would only be worth about $1,140.

To put that into perspective, a $1,000 investment in an S&P 500 index fund with reinvested dividends would have blossomed to $2,730 today. Let's see why Verizon underperformed the market by such a wide margin -- and whether it will ever recover.

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Post ID: @OP+1mUGd0Xt

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Hans the Huckster and Scampath have to go, because if B S was music then these guys would be followed by 1,000-piece orchestras. This has to be the most telecom and business illiterate management team in the long history of this company.

I can't think of one single intelligent leader in Building 4 now. Not one. This used to be a very bright place. Now all we have are bad storytellers and nothing worthwhile to sell.

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Post ID: @smu+1mUGd0Xt

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