Would somebody mind copy/pasting the text?
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13k is an interesting number. Frontier has 12k employees. That will still be near neutral. VZ will most likely have another wave to really get under that number. I don't remember if Hans was around for the sale of Frontier for 10B. But he was around to buy it back for 20B. Talk about buying the car you sold the dealership only to buy it back for double and all they did was an oil change. He was also around for Blue Jeans too
https://www.verizon.com/about/news/building-stronger-verizon?ftag=MSFd61514f
@a6 on point
Are there any em dashes or any other hallmark chat gpt tells in the message?
@a4 it could have gone to the trash automatically.
“We must reorient our entire company around delivering for and delighting our customers.”
How long have we been hearing this? Verizon 2.0, Sampath's 6 market debacle, every Consumer program launched in the last 5 years, marketing re-brands, Culture OS.
And Sampath gets a retention bonus....
How about you fu-k yourself
Verizon Communications will begin notifying employees Thursday if they are affected by its largest-ever round of layoffs, the company’s chief executive said in an all-staff email viewed by The Wall Street Journal.
Verizon plans to lay off more than 13,000 employees as part of CEO Dan Schulman’s plan to aggressively reduce the company’s entire cost base. Verizon is facing fierce competition for both wireless-service and home-internet customers, and Schulman said he plans to reverse a recent trend of customer losses.
“Our current cost structure limits our ability to invest significantly in our customer value proposition,” Schulman wrote in Thursday’s email. “We must reorient our entire company around delivering for and delighting our customers.”
While U.S. employees being laid off will be notified Thursday, some employees abroad may be informed of their status in coming weeks, the person said. Schulman said in the email that Verizon will significantly reduce its outsourced and outside labor expenses.
In Thursday’s email, Schulman announced a $20 million reskilling and career-transition fund for employees who are leaving, aimed at preparing them for the age of artificial intelligence. He also said the company will share further details about organizational restructuring in coming weeks.
Write to Patience Haggin at patience.haggin@wsj.com
Ask Gemini to write a 5 paragraph message to your hypothetical workforce about 13k layoffs and a 20 million dollar training package for those impacted and you will have the same message as Dan.
@a3 contractors didn’t receive the email
Everyone didn’t get it…
OP, why are you unable to read it for yourself?
The WSJ got a copy so pay to read on their site.
Why can’t you read it ? If you are outside of Verizon , probably I won’t like to share at this point