If you look at LinkdIn, VZ is advertising for all sorts of management positions while at the same time sending experienced employees out the door. They’re courting young workers who will work for less. They do it because they can.
This is what's especially angers me. From the dollar signs blinking in their eyes, Verizon higher-ups can't see that there's no substituting experience and expertise. All of those cheaper managers will cost us dearly in the end. How many of their mistakes will we have to fix , mistakes that never would have happened with somebody who actually knew the process and how it works?
Verizon is saving a few dollars with this, but it will lose many more in the end.