Went through the questions being asked by employees (most likes get answered during the webast). Saw a bunch asking about how the tax reform will be spent (customers, shareholders or employees).
What do you think?
8 replies (most recent on top)
Think not me Duh
They're not going to give you anything extra. They have said numerous times they are targeting $10B in savings.
My bet is a nice one time check for $5,000 per employee with the company for 1 year. Lowell will take his usual cut.
Verizon says new U.S. tax law to increase fourth-quarter earnings but unlike other top fortune 500 companies that shared the windfall with their employees......Verizon executives have decided to pocket the unexpected government gains for themselves.
Greed is a horrible.
https://finance.yahoo.com/news/verizon-says-tax-law-increase-221126256.html
Put towards dividend to bamboozle shareholders to believe all is well. Give upper management bonuses for a job well done. Screw the workers.
Lowell and hans need new toys,and for the employees just be lucky you have jobs
Don't worry you won't have to spend a minute thinking of what to do with the money...Will be lucky to see an STI payout this year.
Thats easy it will be spent on the shareholders.
Verizon's Order of importance;
- shareholders
2.customers
- employees.