I’ve watched a steady parade of senior leaders come and go, and after a while it hits you that there aren’t any truly new ideas. It’s the same playbook over and over, just repackaged with fresh buzzwords and a shiny new label. I can’t count how many times I’ve thought, we tried this five or ten years ago, they’re just calling it something different now. Once you’ve been around long enough, the pattern is impossible to ignore.
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@"It’s the same playbook over and over, just repackaged..."
Here's what you fail to realize, Verizon has NEVER been an innovative company. It's total :rinse and repeat" for Verizon with a very basic business strategy of buying telecom competitors (i.e., Nynex, Bell South, MCI, Frontier, etc.) and absorbing them into their Balance sheet results to show growth. This consolidation necessitates elimination of duplication via job cuts.
What Dan Schuman is doing besides layoffs is tweaking Verizon's corporate strategy to reduce bloated costs and redundancies while getting the focus back on the customer.
Referring to Dan and prior Verizon leaders as "do nothings" indicates a lack of understanding of Verizon's underlying business strategy since they're simply executing upon the company's fundamental operating plan.
@OP nothing has changed with the employees. Need more to go.
I'm number 10! I'm number 10!
@bp wow you're really smart not to mention able to see the future, why are you hanging around here instead of on your own island 🙄😆
Dan is a soulless mercenary. Common trait for c-suite and board members. He will do nothing innovative. His purpose is to be the bad guy and keep the seat warm for whomever is next. Must be nice to really not give a sh-t, dial it in, and get paid an absurd amount to do jack squat.
It is never going to happen with all the politics and dark money going around but it would be nice if we could get someone on the board that would be an actual advocate for verizon employees.
ie an ex VP , EVP, etc that was layed off that would work towards the actual employees benefit. https://www.verizon.com/about/investors/corporate-governance/corporate-governance-committee
You would think that actual happy employees would worker harder to improve the customer experience, which would lead to happy customers, and that in itself would make the stock price go up with more customers coming in and less customers leaving.
wishful thinking
@b0 for the few months big moves started. Soon you will be complaining too much is done and when your not working here
When Dan had been announced I told myself something was about to change and I anticipated a massive rif..... but then realized from the first speech , that nothing would change .... instead paranoia will be there for good, good talent would be forced to leave
and politics remain stronger than ever .....
Corporate jets, big ranch , 20Mil for advisory ???? and 69Mil for laying off thousands .... the great cointinuity ..... Hans a failure, Dan a failure, .... but hey just like for public service , you change president but don't forget people in the administrations are the same .... mostly so
@a7 bored members?
@a7 Board members are appointed by shareholders to a 1 year term. They aren’t “cut” during RIFs. But you already knew that.
They cut 20% of the workforce and zero bored members
100% true. Missing piece ubder Hans and directs is inability btobexecute business strategies. Focused on DEI.