Thread regarding Verizon Communications Inc. layoffs

Will the employees be collateral damage for Verizon’s 2019 plans?

If you are a person outside the company, while reading this article, you would get a idyllic picture of a growing company that is on the right track. You can’t argue the number’s, but when you look at the plans for 2019: cost-cutting, lowering debt, and investing heavily into 5G, while still having an imperative to provide growth, it all looks to me like the ultimate recipe for more changes and another wave of lowering the employee headcount.

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| 1401 views | | 2 replies (last February 5, 2019) | Reply
Post ID: @OP+XsLsRzr

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Yes clean up planned in December.

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Post ID: @1kai+XsLsRzr

https://www.fool.com/investing/2019/02/01/heres-how-much-verizon-could-spend-on-5g-in-2019.aspx

Here's the link containing the article I was referring to in the post.

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Post ID: @smg+XsLsRzr

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