Good to know all these layoffs are for a good cause. /s
Verizon (NYSE:VZ) says it will repurchase some $2.5B in debt securities over the coming month.
It's delivered a notice of repurchase on its floating rate notes due Feb. 21, 2025; it expects to repurchase all outstanding amount in those notes before June 11.
https://seekingalpha.com/news/3356022-verizon-buying-back-2_5b-debt
Seems like are the workers are taking a hit in cost cutting but Execs keep getting richer
if you are exec level ? do you care about stock price ie your compensation or people? think logically
Just shows how worried they are about the poor performance of VZ stock. Trying to boost it for the shareholders any way they can. The magic box of quick fixes is empty.
half way through my day, i feel so much better now. yes please take my job.