Hearing the next round is that date. Massive layoff affecting retail, business sales, Frontier and network
3 replies (most recent on top)
all that hubub over nothing? thanks obama!
March 19th
Verizon ain't doing any more big layoffs. They've already cut over 13,000 jobs in late 2025 to streamline ops under new CEO Dan Schulman, who's laser-focused on AI-driven efficiencies and customer experience. Financials are solid—2025 revenue hit $138.2B (up 2.5%), adjusted EPS $4.71, free cash flow $20.1B, and net unsecured debt improved to $110.1B. The Frontier acquisition is delivering big synergies, with over $1B in run-rate cost savings expected by 2028, plus $5B in broader OpEx cuts. Wall Street's rotating into slow, pale &stale, boring utility-like stocks like telecom—VZ is up strong in 2026 while tech lags. No need for further cuts; it's harvest time.