They had to know the stock price would go down. Cutting the workforce does nothing to improve customer service and will make it harder to address customer issues. Cutting the design team by 40% does nothing to improve the network and network performance will degrade over time. What is the actual plan, Dan? Line your pockets and split?
11 replies (most recent on top)
TROLL ALERT!!!!
You clearly know nothing about options trading.....
Price on 11.19 was 40.76, price today is 40.52.....
Shorting the stock would have COST them money.....
@cs what the f are you writing....
@b9 you really know what you are taking about because its this same Verizon Board of Directors being worthless and incompetent -- with each getting paid $300k/annum. The balance required for Verizon to survive takes conviction by eliminating DEI + WOKE + BLM. This is the same board of Directors having approved to continue the carry of the massive corporate debt and D+ rated corporate balance sheet.
What does the new ceo have in common with 98% of ceos. The timeing is perfect too while blue state gets away with crime after crime and we stay silent its all good I dont and havent used verizon in years
@af poster who wrote, "I survived because I did my work and know how to play. You all who got let go are big time are big time loosers," is a mo--n (who can't spell, which makes one question his/her intelligence and wonder what "know how to play" means). I survived, but assiduous co-workers who did their jobs very well got axed for no apparent reason other than for meeting a headcount redux number. The poster should shut the f#$%% up.
@a8 There is nothing political about the board. The only color they see is green, money. So whomever this is that on every other post talks about politics or DEI, just like the person that keeps talking about RTO. Be quiet. We’re all tired of it. We’re all tired.
It will aparently go up as the dust settles, its good we got rid of all the waste and weight which VZ have been carrying for years. I survived because I did my work and know how to play. You all who got let go are big time loosers, enjoy your time off and leave VZ/me alone. Thanks!!!!!!
They need to cut (lower) the price on plans to be competitive with T Mobile, AT&T.
I don't really see Verizon going in this direction so we will continue to lost wireless customers
The Vz Board is horrible.... social justice warriors... zero accountability
Cut costs and compete on pricing? How's that working out?