Thread regarding Verizon Communications Inc. layoffs

@c2 Why does his race matter? Performance is everything. He had years on the board watching the ship go towards the iceberg without providing strategic level involvement. Additionally, he's playing the short game to make a ki-ling in his personal accounts at the cost of many good workers and a great company.

Why is nobody talking about the fact that dan was Co signing these price hikes all along. The other fact is the muted responses to whats happening in the world you dont deserve our money.

@OP Very smart moves by Dan in just the short time. Trim more fat bring in higher profits. Stock is up. Dividend is up.

Dan is an awful leader. Get off my lawn.

This what happens when you keep hiring white ceos over and over again and thinking something is gonna change

This article is on the money (no pun intended). In addition, spending $25 billions on stock buy backs is completely irresponsible considering the state of the company and the very competitive environment it finds itself in. Verizon is in a completely different situation than say Apple which had hundreds of millions in cash that it then used to repurchase shares. What Apple did made sense.

It’s further proof that the current leadership has given up on really turning things around and is relying on “financial engineering” to juice the share price.

Zero longterm vision. This is a 2 year company where existing Dxecs get rewarded then will exit with their Strayer degrees and DEI plaques.

We all know who work in Vz 4Q was the most unhealthy work experience in past 10 years as many left and us that remained got to experience zero leadership updates.

FWA has a huge churn rate... notice how revenues dont match public growth story. Thats because once customer experiences the QoS they discount in 30-60 day window

This coming week stock will decline once everyone gets sober

Dan's plan to personally profit at the expense of others is clearly on display for all to see.

The thing that stood out for me in the article is the plan for buying back stock that will create a much bigger payout to shareholders in 2028. Isn't that when Dan exits the company and cashes in? This will be paid for by cutting jobs and Capex spending. Not by adding value or growing the company.