Thread regarding Verizon Wireless layoffs

This is the same story...

This is the same story I have watched as an employee for 15 years at GTE and Verizon from the inside and 5 years from the outside. From the landline side, they pushed good people out because of philosophical differences and compensation and kept the average performers or the cheerleaders. Verizon tries to adapt to market changes but cannot get out of its own way and ends up destroying companies they acquire. Examples: Terremark and Cybertrust and the declining sales of the small medium and global customers. The only business they are good at is the regulatory high barrier to entry markets. If they have to compete with common business competition and entrepreneurs they continue to fail Waiting for the Go90 (so far a bust), AOL, Things space, Fleetmatics, Sensity and Complex. Internal conflicts and power struggles continue between wireless and wireline as to who is in charge. The best example is the Smart Cities program that Verizon thinks they are winning (in the Salseforce reports) but at&t is establishing beachheads and wins in markets that VZW had dominated. Why? They gave the project to the VES people from the Northeast that think they understand how the rest of the US state and local governments think and operates. Time for a change and drain the swamp in Baskingridge.

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