Thread regarding Verizon Communications Inc. layoffs

CNBC: How to spot job layoffs coming

https://www.cnbc.com/2018/12/07/how-to-spot-job-layoffs-coming-even-in-a-good-economy.html

...here to Verizon, which just offered buyouts to more than 44,000 workers, and transferred thousands more to newly-hired outsourcing company Infosys, as part of a drive to cut $10 billion in costs. One reason for those cost pressures is the company's need to pour billions into a 5G wireless network, and of course there are ongoing disruptions of Verizon's landline telecom businesses and its TV-distribution service. Buyouts like Verizon's in good times can be a sign of likely layoffs when the economy slows, he says, and a reason to take the money while a new job is easier to get...

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| 2051 views | | 2 replies (last December 9, 2018) | Reply
Post ID: @OP+WxacAES

2 replies (most recent on top)

Now that is scary...

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Post ID: @sbx+WxacAES

Good old Verizon has shown all of the signs listed.

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Post ID: @tdl+WxacAES

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