Thread regarding Verizon Communications Inc. layoffs

They just manage the decline

I think people who have some expectations from this company are fooling themselves, because the leadership only manages the decline. Do they have any plans for future growth? I wouldn't say that they have any concrete plans, nor that they have a vision for this company at all.

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| 1212 views | | 3 replies (last September 23, 2022) | Reply
Post ID: @OP+1iQs8Mph

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true

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Post ID: @1ixf+1iQs8Mph

They need the next big thing, which is generational. They thought there'd be uses for 5G but they haven't materialized. So the plan should be cut 30,000. We are so bloated it is ridiculous. Cut Diegos huge marketing budget. How many new customers do yesterday's comedians bring in? Act like a utility, perfect customer service and experience, and hunker down. The stock price will come back when we stop promising growth we can't deliver. And be ready when the next big thing materializes.

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Post ID: @1mtj+1iQs8Mph

This is what happens when you mothballs FIOS. Very bad decision as this offered a decent revenue stream. I remember when they curtailed FIOS, they said it was too expensive. Malarkey, it was a lot less expensive 10 years ago, now other companies have their fiber to the home. They are eating our lunch. This could and should have been our revenue.

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Post ID: @pdg+1iQs8Mph

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