I wont shed any tears on any of the executives leaving but here is my take on vz connect and that whole debacle
Vz connect and telematics have been poor investments that showed limited growth and did not take off the way the company wanted. On the consumer side, the hum and its derivatives were "slammed" by the retail channel to unsuspecting customers usually as a bill rerate in which reps found savings by switching to a new plan, but instead of passing the savings to the customer, they changed the plan and included the hum in there. This is similar to what was done with mobile hotspots back in the 2012, 2013 time period.
On the business side, though we purchased and acquired a large part of the market via acquisitions of different companies, even with that law that required Electronic monitoring (ELD I believe) most companies had already implemented the tech for the mandate and were unlikely to switch from what they had. Even with the corporate lobbying to get this law on the books it backfired on vz as they did not see the growth they had wanted in VZ connect.
This is just another example how the corporate greed to grow revenues in new directions without foresight as to where our true competitive advantages are made us invest BILLIONS of dollars to break even and now when the proposed investment blew up in VZ's face it gets taken out of the employees that joined the circus.
Excellent post by @YOxQa7t-1far.