“Ericsson rejected a report recently that said it was inflating sales by booking revenue before clients were invoiced. Shares have tanked as a result, and the proposed solution has been to slash up to 25,000 jobs.”
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Analysts didn’t seem happy about our 2nd line on a phone reporting. Not exactly prevooking but we do seem to try new tricks that others don’t.
“ Industry analysts also highlighted the caveats in results from Verizon's more profitable postpaid service. They noted that much of the company's subscriber gains came from business lines and from its "second line" promotions, which give customers a way to add a second number onto an existing smartphone.”. WSJ.
Didn’t we change or try to change how we counted subscribers or revenue per a subscriber years ago?
“Creative accounting” - c silly man
The corruption runs deep here just ask why the ceo was let go from his prior job.
This quote is based on a 2016 report referenced at the link below. This is a ridiculous inference and question. Verizon (and its leadership) has a lot of problems, but violating GAAP rules for accounting and potentially running afoul of laws enacted under Sarbanes-Oxley are not among those problems.
https://www.europeanceo.com/business-and-management/ericsson-ceo-hans-vestberg-sacked-after-seven-years-in-the-role/
Just looked into the news on Ericsson as well as their stock price for the past month. There's zero info on what the OP said and the stock has hovered around $6.50 the past month.
Absolutely just ask about the falsified/coached capital labor surveys.
Looking at you leaders..