During Hans first year as CEO of VZ stock price increased by 6.80%. ($51.73 to $55.25)
Under Dan the Man Schulman, the stock is up 13.6% since his first day in October! Dan needs the nobel prize of winning as CEO!
18 replies (most recent on top)
@ec - Dan and people like you are running the business alright, right into the ground. Maximize short term profits at what cost? The expense of the long term success of the company and the livelihoods of many of the people who helped build the company over the years. The company was surviving just fine with twice as many fulltime employees and a network that was one third the size 15 years ago, it could today, too, if there weren't so many complicit/enabling id--ts such as yourself, and the greedy, sociopathic ba----ds pulling your strings.
Go to bed Dan. No need to ghost post on here.
i'm not a fan of dan but he did get rid of some bad senior leaders... i also like how he played scampath to do the layoffs last year and then axed him a few months later
Q3 will be
Lower Employee Headcount
Lower PostPaid Net Adds
Lower Fios net adds
Lower FWA net adds
Zero MDU FWA net adds
But Good News!!!
Higher Employee Pulse Survey participation
Nobody is buying " a new line" because we are using "AI", Yes -- they can switch if you
1) Reduce cost - Use AI to cut expense but lower revenue -- Happening already
2) Better customer service - Use AI to improve (yet to be seen)
Important piece using AI to do innovation - Not happening now and can not happen in VZ
Dan, when you write in 3rd person please be sure to highlight what strategy you executed on besides laying off 16,000 employees and bought back Vz stock.
@e1 where has the Dump part been happening?
@d5 post hoc ergo propter hoc
@bv Go work for the Peace Corps (that's pronounced "core"). We've got a business to run.
@e1 unless you live under a rock and were somehow completely unaware that VZ was looking to cut costs heavy, and a major part of that were layoffs, than this is no way shape or form a “pump and dump”. Not excusing any of their actions but that’s not what that term means at all
It's called a Stock Pump and Dump. A stock pump-and-dump scheme is a form of market manipulation where the CEO artificially drives up (“pump”) a stock's price by rapidly decreasing capex expenses such as reducing payroll (layoffs) and temporarily increasing revenue by lowering prices. It temporarily increases stock value but only short term and has no lasting effect over the long term.
Dans 9 digit contract is based on stock price, so he is delivering
The price has fallen 6.42% in the last 6 months. That's almost always not good, and the direction stock is heading.
Dan will only get short term bumps with layoffs.
Remember Verizon stock fell off the DJIA, and replaced by Alphabet (formerly called Google). This happened under Dan's leadership. Its not a good sign.
who cares how high the stock is when how we got theres is. All he could do was cut jobs and hire indians and people in the Philippines.
Yep, because a company's stock price is the most important measure of a CEO's impact on a society. What a brainwashed, non thinking, childish thought. You must be one of those enabling/complicit, yes men managers.
@OP Let's see where we close on Oct 6 before posting sillines.
Dan should get the nobel prize for stock buybacks you id--t
47,08 USD