It appears that Hans is making some significant changes to the VZ leadership. It doesn't come as a surprise to me, taking into account that now is a critical time for the company as we await the deployment of 5G, and want to secure our place on the market as leaders. What worries me in this situation is that these changes in C-suite management are often followed by further changes and reorgs on lower levels. If we count in Hans’s premise that VZ needs to be made more efficient and less costly, I’d say there is a big possibility we will be seeing more restructuring after the buyout/Infosys situation settles down.
https://www.computerworld.com/article/3313639/wireless-carriers/ceo-hans-vestberg-is-changing-verizon-leadership-to-focus-on-5g.html