Thread regarding BT layoffs

BT x Verizon (VBG) partnership / buyout / merger: what have you heard?

As someone in EMEA in professional services (cyber security consulting) at Verizon, we're hearing a lot regarding the potential for certain business units to be sold off to BT to boost their capabilities. What you have you guys heard? In EMEA it was looking like a collective dismissal first, but now it's looking more and more likely that a sell off will take place instead.


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Post ID: @OP+1kt4eexvd

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@f8 and what does than mean in practice? How does that impact the team then?

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Post ID: @fb+1kt4eexvd

@bm It will be a JV

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Post ID: @f8+1kt4eexvd

BT numbers are very negative and its debt it's huge. Based on https://www.ajbell.co.uk/news/articles/press-bt-revives-talks-over-global-unit-partnership-or-sale-sky it seems that it's actually the opposite way: BT is considering to offload business units to Verizon.

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Post ID: @bm+1kt4eexvd

It's always close to being announced but then gets delayed as BT don't think they're getting a good deal

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Post ID: @ar+1kt4eexvd

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