During his fireside chat at the Goldman Sachs Communacopia + Technology Conference on September 9, 2026, Dan Schulman explicitly highlighted that these cuts are not a single-year exercise, seeing substantial continued runway for additional efficiency gains into 2027 and 2028.
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CEO needs to cash out his stock options at higher prices.
@dh Go Dan, go!
@bx Uhh… no. He did not. Stop spreading false info to support your personal agenda.
And Dan will be part of layoffs end of 2027
Dan promised no more layoffs.
@OP You forgot 2026. More to come
He did say layoffs were a way of life at Verizon! The problem with Dan's mindset is quality of production will suffer because why go above and way beyond when in the next quarter you will get the old pink slip. What Dan needs to realize is works make Verizon, not AI... we had 5 Geee with Hans and look at us now, we now have layoffs as a way of live and I am sure it will work as well as Han's 5 Geee.