Possible that VZ is targeting those with production and/or personality issues. Caught up will be many others, and the families of all. Toxic mix of business reality and greed.
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Mcadam is a cunt.
"Verizon is positioned to be the FedEx of the digital age," says Verizon chief Lowell McAdam.
FedEx is number 3 in the world. Why wouldn't you aspire to be NUMBER 1????
Oh that's right UPS is UNION.
FIRE MCADAM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
It would have been a little easier to choke down if it was low Performers.. Just as always we lost the talent. Well paid, yes. But seasoned, awarded, highly rated top of the line workers. It's hard to loose the cream of the crop every year. Even in leadership we never loose the bad ones.... We loose the good oldies who know how to be a LEADER and not just a boss.
Look.at the debt to be serviced and investment that is going be stale in next few years.. If you start a business with a trillion and earning a business .. yes you are in stress..
Alot of stress when profits are 1 billion a month. Unless they're lying to the SEC about profits
The grave reality is the leadership failed a corporation. Revenues are flat for years even after taking over many other smaller companies. We all know they do not even have any plans to use these assets.
Layoffs are because they are under financial stress.