Thread regarding Verizon Communications Inc. layoffs

VZ - What's next

Seems that Wireless took it on the chin with RIFs earlier this year, but how much more is coming down the pipeline? You guys in wireless were always protected since you had that Vodafone ownership stake and just about all of the workforce was non-union. It just feels like if Verizon is at a point where it's not just Comm RIFs anymore, it does make me wonder if we bit off more than we could chew from a liquidity standpoint buying out the Vodafone stake. Between that, the West Comm markets being sold off, the tower sales, and the Union contract expiring this August, it seems like choppy waters ahead.

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| 448 views | | 1 reply (July 20, 2015) | Reply
Post ID: @OP+AvGGu4i

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What's next? 2016 will show you what's next - it will be a ton of layoffs

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