Thread regarding Verizon Communications Inc. layoffs

The Dow Up....The S&P Up.....Nasdaq Up.....Technology Up.......AT&T Up......T-Mobile Up VERIZON DOWN

What's going on with VZ continuously diving down in a seeming death spiral? Was Warren Buffet right to sell ALL of his 15 Million shares in Verizon completely get out of the phone "giant'? I believe he said recently " if you have to change your business plan several times...there's a problem with the business"

Is Verizon having trouble retaining competent people or is it a workplace filled with incompetent people in higher positions getting rid of any threats to their position?

Is Verizon getting Dumber by each layoff?

The Stock seems to say YES.

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Post ID: @OP+NivvEGo

4 replies (most recent on top)

1xfw who is it exactly calling the shots to rid verizon of the talent if not old man lowell??

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Post ID: @1tps+NivvEGo

Couldn't continue to watch the hemorrhaging. Dumped about 80k at about a 15.75% loss before dividend (1yr). Hoping to turn the corner in about 9 months.

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Post ID: @1rsv+NivvEGo

It's not so much Lowell. They are getting rid of the talent. The employees who care about the customer. Who are thee reason you have a job with a utility company. If you're​ not a favorite or an arss kisser you are gone. The ones that remain will continue this death spiral. Just watch and see.

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Post ID: @1xfw+NivvEGo

It's 100% old man lowell. Time for him to go feed the ducks and walk the malls with a fanny pack full of fiber bars...

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Post ID: @1aaj+NivvEGo

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