I believe their gonna cut so much more then most think Crazy this firm will consult to cut more management but yet their benefiting Executive Hires (McKinsey Alumni): Several high-ranking Verizon executives are former McKinsey personnel, including:
Alfonso Villanueva: Recently named Executive Vice President and Chief Transformation Officer, effective November 2025. He was previously a Senior Partner at McKinsey, where he led the Telecom, Media & Technology practice across Asia Pacific
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@ew Hans was our CEO and he was fired from Ericsson. Apparently actual performance results only adhere to the rank and file. If we execute as poorly as our executives have, we would be shown the door. Golden parachutes and millions in salary and stocks shield them from having to execute.
@ew oh yeah the Starbucks CEO who couldn’t be bothered after 6pm. a fish rots from the head. i work on a team where people who put in extra hours are criticized by leaders.
are you guys aware that one of the VZ board member was an ex McKinsey who became the Starbucks CEO for a year and was fired. check him out. I cant believe he is part of VZ Board. He can be a Harvard case of how to destroy a company value.
@OP - "Verizon long-standing relationship with the consulting firm."
Not unusual at all. Usually the top consulting firms are all immersed working for the Fortune 500 companies. I was with Accenture Management Consulting prior to going to work as a Verizon Director.
To tell you the truth, the typical Consulting Co. resource can run circles around the average Verizon employee in terms of motivation, skill and value added work contributions!
VZ rotates consulting firms; not too long ago, it was Ernst & Young in BR. They could use the executive parking lot / elevators to not have to mix with the plebs
Sampath came from Boston Consulting Group
Saying most of the execs previously or currently work for them is a stretch. Lots of companies use McKinsey for business consulting. That's what they do.