Every CEO needs a good story to tell Wall Street to justify a higher stock price. Hans & company claimed that they had an edge over the competition with mmWave 5-Yee. Dan & company claim AI gives them that edge. In any event, you can expect more layoffs in the future.
https://www.thestreet.com/employment/verizon-ceo-cuts-to-the-chase-new-layoffs-ai-future
Claiming AI is a competitive advantage is stupid when everyone else is doing it... Do they not think ATT and TMO aren't doing the same...? . Any savvy investor can see through the smoke/mirrors
@a5 Wall Street is the primary target audience. The message is “we’re aggressively cutting costs”
The remaining employees are the secondary target audience. The message to them is “be afraid”
What you’re suggesting would accomplish neither.
Verizon should have done what Nokia does. Layoff less than 50 people (per state) per month to avoid the WARN notice and media.