Thread regarding Verizon Communications Inc. layoffs

Actually, your wrong. Execs are still interviewing for jobs. Your an id--t.

You are right it is the dividends, but now those dividends may be challenged. GE became too smart by half and their stock is not even a glimmer of what it once was. We are supposed to be a technology company but there are no technology people leading the company other than Kyle. He's gotta be feeling awfully lonely.

There is only one concern in all of this, it’s about dividends, it’s about shareholder value and it would be remiss not to throw in those at the top enriching themselves. Plain and simple, you can reminisce all you want, it’s a publicly traded company and it’s about profits. If that bothers you go join a collective somewhere. But I do wonder about Hans, but even for me, it makes no difference.

no kidding. he must be trolling this site because things 100x worse have been said

@tzl clean up your language and grow up, you’re embarrassing yourself

"He wasnt hired for the job you think he was, in reality, he is well underway of doing a great job

stock closed at $58 today"

Layoffs are like catnip to Wall Street 'tards. The stock ALWAYS goes up when layoffs are announced -- a mo--n with the IQ of brick can do layoffs.

The problem comes when there's no one left who can do the job, and the customers head for the exits. Then the stocks take a dump, and Wall Street demands that the job cutter gets run out on a rail.

Hmmm... if only there were an example of this I could show you to prove my point, if only....

Oh that's right there is. Hans Vestberg at Ericsson, who was run out of town, only to be hired by the 'tards at Verizon.

He was "hero" at Ericsson, at first. Cutting and slashing everywhere -- the markets loved him. Ericsson's stock took off. Then reality set in and he barely escaped being tarred and feathered when the stock tanked.

Same id--t, some game plan. Give it a year or two when your selling your stock for $10 or $15 a share. Let's see you crow then.

An intelligent and logical reorganization of the Business is one thing. This is just some spreadsheet pencil pushers who put together a cost savings plan designed to cut the top of the payroll and tenure. What that also means is cutting the most experience as well. It's great to be a "V-teamer" until you get to the back 1/2 of your career. At that point, you are just a liability. Morale is in the toilet and still descending. Stocks rise and fall. Are these decisions setting the foundation for a solid future and lasting growth? Time will tell. Once the blood bath is over, it will not be easy for those who are left. In past RIF's, that was often the very best talent in the organization. With this one, a high percentage of that talent will be walking out the door.

Hans may be a bad fit, but Stratton was a pathetic joke and we are very lucky he was passed by.

What an id--t! The stock closed at $58 because Mr. Market is Scared Witless and VZ is the safest place to park your money with downside protection. You are a real Kook Aid drinker or full of it. Are you Hans?

Unlikely

"it is something of a surprise that he was picked"

"chops to do the job"

He wasnt hired for the job you think he was, in reality, he is well underway of doing a great job

stock closed at $58 today

No idea how to run this business either. Doesn't know the technology. Doesn't know the market. Doesn't know the culture either. So it may be overdue but throwing the baby, the bath and the bathwater out is not very wise move in a highly competitive market. One could argue that the company is being resized for sale.

The guy has been fired for corruption. Credo my @ss

It's about time and long overdue. They needed someone with no ties to come in and recognize who needs to go. No connections or allegiance.

One of the best posts ever written here. Great enunciation too!