Verizon Job Cuts are Largest Ever for the Carrier, Sources Say -- WSJ
Nothing to see here. Move along.
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Qualcomm needs layoffs too!
Fiscal Year 2025: (\$106,560) net profit per employee.
Fiscal Year 2024: (\$206,980) net profit per employee.
Qualcomm's net profit per employee for fiscal year 2025 was approximately $106,560, a decrease of nearly 49% from the previous year. The average net profit per employee over the last decade was about $127,790, while the highest was $253,650 in fiscal year 2022, and the lowest was a negative figure in fiscal year 2018, according to Bullfincher.
VZ layoffs so many. Q folks should be very happy since no layoffs this year. Q is relatively a safe place though most of folks do the status collection.
VERIZON'S TARGET FOR LAYOFFS RISES TO 20,000