Verizon ending DEI programs as it seeks US approval for Frontier deal
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He's done with the Trump Administration in the White House, Hans will be out soon.
He has done nothing but introduce DEI and make a mess while weakening the quality of earnings and the once fabled network.
The pendulum is swinging back the other way and Hans and friends are on the wrong side of it.
QUOTE - "it’s unclear whether he is the right CEO to lead Verizon through a true transformation" ..... a true butt sniffing hack and/ or HR/VP/C-SUITE HACK.
take a pick.........
When is this happening
Yawn!! Going back to sleep
Then, we can move the company headquarters to New Delhi?
After nearly three decades with Verizon, I’ve seen the company evolve through bold bets, shifting leadership, and a rapidly changing industry. Today, as Wall Street revisits VZ stock with a more bullish outlook, it’s worth stepping back and asking: What’s driving the sentiment—and is it justified?
On the one hand, Verizon remains a dividend stalwart. Its wireless business continues to generate consistent cash flow, and recent cost-cutting initiatives have improved short-term margins. Fixed wireless access is gaining traction in certain markets, and the company’s core network assets remain valuable.
But we should also recognize the deeper challenges. Subscriber growth is flattening. Competition from T-Mobile, cable operators, and private 5G solutions is intensifying. Several strategic initiatives—including its forays into media—have been reversed or failed to deliver. And the culture, once defined by execution and engineering discipline, appears adrift in an era where clarity and innovation are vital.
This brings us to leadership. While Hans Vestberg has emphasized efficiency and cost structure, it’s unclear whether he is the right CEO to lead Verizon through a true transformation. The company needs more than financial tightening—it needs strategic reinvention.
This isn’t a forecast of failure. Verizon has the assets and workforce to remain relevant. But unless leadership recalibrates its long-term vision and operational agility, the stock’s momentum may prove short-lived.
These views are my own, grounded in experience and a hope for the company to thrive—not simply survive.
'If Verizon’s board has any backbone left, they’ll stop rewarding failure and bring in someone who understands growth, strategy, and how to actually run a tech company. Enough already.'
Artificial Intelligence in its current state can replace the CEO, BOD and many more - saving the company untold sums of money. Front-line employees need to be running the company, not clowns.
That's what they are afraid of - their golden parachutes replaced by a silicon chip.
It’s time to say what everyone’s thinking: Verizon under Hans Vestberg has been a slow-motion train wreck.
Since 2018, the stock is down. Revenue growth? Flat. 5G leadership? Lost to T-Mobile. And yet, Hans walked away with $24 million last year while frontline workers deal with outsourcing, layoffs, and frozen budgets.
The guy literally said Verizon isn’t a growth company anymore. Imagine being in telecom and waving the white flag on growth. Meanwhile, he keeps pushing fixed wireless like it’s the second coming, while enterprise deals, cloud opportunities, and actual innovation are ignored.
Let’s not forget his past either—fired from Ericsson amid corruption probes. Sound familiar?
If Verizon’s board has any backbone left, they’ll stop rewarding failure and bring in someone who understands growth, strategy, and how to actually run a tech company. Enough already.
White man tired your ne--o sh-t