Dan gets a lot of flac for his cutting, but this company is like a terminally ill patient that needs an infestation of tumors removed. At some point he will have the stock at a proper value.
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Onion strong!
@gd Well if that happens, then there won’t be anyone left to do the work except AI and humanoid robots.
Don't worry about Dan he will be well compensated for doing his magic.
@gd exactly so though $75 per share is enough for Dan to trouser $200+ million
The SEC filing stated the reference price is based on the 20-day average closing price ending on October 17, 2025. If we run the exact math using $42.00 as the reference price:
Make-Whole RSUs: ($9.5M ÷ $42) = 226,190 shares × $75 = $16,964,250
Standard RSUs: ($20M ÷ $42) = 476,190 shares × $75 = $35,714,250
Standard PSUs: ($30M ÷ $42) = 714,285 shares. At 200% max payout = 1,428,570 shares × $75 = $107,142,750
Supplemental PSUs: 666,666 max shares × $75 = $49,999,950
Total: $16.96M + $35.71M + $107.14M + $50M = $209.81 million
- his salary is not included
@d7 What if Dan lays off the remaining 45k management employees? If 15k management employees equals a $10 per share increase, then 45k management employees would equal a $30 per share increase. VZ would be an $80 stock then. That’s how that works, right?
@OP Good raise, 100% STI. The stock price the highest in a long time. The highest stock payout since started and little less fat. Win Win
@bk um, it's already at $50
@dy hah, when you're cutting 15000 people globally they're not looking at whether they voluntarily rocked up to the office a couple of times or not. It's pure lottery at that stage with maybe a sprinkle of ageism/strategy around cost benefit.
Idk I get better returns from being employed than I do from Verizon stock. Otherwise, you’d need $1.5M in VZ stock to turn $100K a year.
@e0 The buyback program is actually $25 billion according to what Skiadas presented at Barclays
https://www.investing.com/news/transcripts/verizon-at-barclays-symposium-strategic-transformation-and-financial-outlook-93CH-4521559
@d7 "He laid off 15000 managers" - FALSE
@d7 It was mentioned here before, are you so ignorant? He inflated the stock price by laying off employees and will lay off more, then the CFO promised $20B stock buyback over 3 years (so $20B into shareholders' pockets) and cutting CAPEX and OPEX (Frontier, AI, blabla). At the same, VZ incurred more debt to pay off the severances.
- CEO's contract includes:*
Base Salary: $1,500,000 per year.
Short-Term Incentive (Cash Bonus): Target of 250% of base salary ($3,750,000).
Long-Term Incentives:
$20 million in RSUs: Vests on December 31, 2027.
$30 million in PSUs: Vests based on Verizon's Total Shareholder Return (TSR) relative to a peer group (payout 0–200%).
Make-Whole Grant: $9.5 million in RSUs to compensate for forfeited pay from his previous firm.
- Summary of Payout:* If Schulman successfully drives the stock price to $75.00 and maintains it for 20 days, the supplemental grant alone would be worth approximately $50 million (666,666 shares × $75), in addition to his other $50M+ in standard equity and salary.
The Hatchet man is there to fill his pockets and doesn't care one iota about the company.
I have several longtime coworkers who had the mindset that the not going in home based gig was the ultimate get over. Most were laughing the last several years about it. I was always a bit leary of it as it seemed to good to be true. I made it a point to make an appropriate number of appearances to be safe. I guess it worked out as I am still here and they got "Danned". I feel bad for some of them but you got to admit many of us have been getting the better of this place for some time. A few didn't care to much as a push out is all they needed to move on to retirement. This place is still filled with similar placeholders. I still don't feel safe here but will try my best not to get the boot. Hopefully when Dan has completed his task it will be an improved place to work as well a strong stock.
He laid off 15000 managers and the stock went up $10 a share. Im pretty sure he will offer an EISP to as many union members will take it. Then lay off more managers. Then the price will go up $10 more. He will figure out how to get the work done after the stock hits $60.
@OP Dan the hatchet man used his magical AI machine for the 13k+ layoffs. As one of them I’ll say I wasn’t a tumor. No disrespect to anyone but there are tumors that remain while the good tissue was cut out.
All those eliminated had it coming. The only injustice is there are still more many more in need of a purge left. They may laugh right now but their day is coming. It seems no one else was willing to facilitate the needed cleanse, so Dan now finally gets the freedom to do so.
I say 65 stock price and at least another 10k less employees. I think he can accomplish this. Yes he was on the board prior but they obviously did not listen to him. It appears they have finally allowed him the freedom to do the necessary. People tend to hate on the ones issuing badly needed medicine, so the hate is understandable. We have suffered too long. When he is through this will be a much better place with a real future.
No matter what he still isn't the right person. Fools gold. Time will expose him.
Q4 disconnect reporting? Something definitely looked off on q4 results? It wouldn’t surprise me if not reporting a portion of disconnects took place but that is a serious claim that would bring a massive black eye to our stock. Any proof?
At what price?
15,000 jobs eliminated
$40M buyout to fail CEO and Consumer President. Hans/Sampath
$15B buyback
Postpone disconnect reporting
@OP SAD
It’s at 50 now, I’d say 60
All large cap value stocks are up and tech is down. Dan said he needs 3 to 4 years,
“75” is the magic number
$50, I will scream dan is the man at $50
I think we see 20 before that, but lets watch
are you stu pid or what ?
it's a buyback program financed by laying off 15000 that is driving the stock ....
@OP He was part of the board with the many years of poor leadership. Now that he's axing everything he deserves an award?
Haven’t you noticed the stock price of Verizon’s competitors have all risen too in the past month?
We’ve had one decent quarter and the rise in stock price is all about market sentiment…not based on any miraculous transformation. It’s way too early to say how things will go
Let’s see multiple quarters of sustained growth and increased stock price w/o the need of a massive layoff.
He was on the board the whole time Hans was steering the ship off course. He is an opportunist not a savior . What he is orchestrating is for his short term benefit not Verizon’s long term future.
He has done more to improve things than Hans ever did. I would call that successful.