Things that make you wonder what 2024 will look like for all of us:
https://www.bloomberg.com/news/articles/2024-01-17/verizon-writes-off-5-8-billion-from-enterprise-as-sales-decline
15 replies (most recent on top)
ooh wrote off $5billion you say? wheres the money from the grant given in NYC to provide fiber to the whole city in the beginning of covid? ooooh thats right they publicly misallocated the funds to their WIRELESS sector and no one as much as called them out on it.
The union doesn't handle the money in this company that's all on management. The fact that people here bicker when the top man here makes 20 million and could really care a flying fa-t what happens to this company is hilarious. He cares more about how his hair looks for the photo op and pedicures on planes. He will be off to Ruin the 3rd company soon and we will be left with a PELOTON reject lol this place is imploding and here's the million dollar question where's andy ? I'm worried he might have been a sacrificial lamb someone tell me he's ok & he wasn't eaten in one of the bosses seances
That’s the old MCI part of the company.
Didn't Verizon do big multi-billion dollar write-downs on AOL & Yahoo?
Right before selling them off... food for thought.
Atta'Boy Hans... more winning. smh
People are really jealous of WFH.
Exactly !! Bobby Mudge and Tommy Maguire see the Verizon price tag go down every day. Brightspeed has 100% RTO so expect that once they buy us !
Verizon runs this company exactly like the federal government runs this country. Just plummeting more and more into debt
Bob mudge is calling to buy the outside plant
- 8 billion dollars ...........expect more RIF's to make up this loss of Revenue
Due to wireline dieing a slow death. Shocking. Where all my union brethren at :)
They need to drive down the stock price before the stock together payouts.
https://www.yahoo.com/tech/verizon-incur-5-8-billion-131219682.html
Here is a link where you can read the article.
WFH is working out really well. There was never this type of outcome when everyone was in the office.
No worries as long as hans has the new Lamborghini and court side tickets to the Rangers 5 billion is a drop in the bucket