Thread regarding Verizon Communications Inc. layoffs

Does anyone see any aspect in which VZ got better as a company?

Seems to me that all the layoffs, buyouts , outsourcing, and everything that has been done was for nothing. I can’t seem to think of any aspect of the business in which VY got better as a company as a result of this process. Turns out it was all for nothing after all.

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Post ID: @ZXwpRwQ

10 replies (most recent on top)

I have been burnt by VZ's reduction and cost cutting due to the so called IT changeover to outsource. The share price is not much higher?? Dividend continues to be about the same and not much higher?? Regardless of your age and risk tolerance there are better instruments, stocks/equities, bonds, to invest in contrast to VZ stock???

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Post ID: @ZXwpRwQ-7sur

There is a much stronger focus on hiring and promoting diversity candidates, rather than the most qualified candidate.

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Post ID: @ZXwpRwQ-2dln

Lower opex

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Post ID: @ZXwpRwQ-2orq

Number of directors and above get higher everyday; especially in GTS

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Post ID: @ZXwpRwQ-2jld

Food trucks and ping pong tables at work.

Energizing

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Post ID: @ZXwpRwQ-1blu

Check root

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Post ID: @ZXwpRwQ-1msf

Vz will have a very good quarter just watch and see

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Post ID: @ZXwpRwQ-zwt

"Wrong. The share price got better. And that is all that matters: share holders - especially institutional ones, and the dividend."

This is the correct answer. That's what VZ is here for, no more no less.

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Post ID: @ZXwpRwQ-olc

Get rid of the useless executives, and a large part of middle management and watch how much better it goes

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Post ID: @ZXwpRwQ-rbr

Wrong. The share price got better. And that is all that matters: share holders - especially institutional ones, and the dividend.

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Post ID: @ZXwpRwQ-csb

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