Thread regarding Verizon Communications Inc. layoffs

Alfonso is the real CEO

Time to be real….Alfonso is the one truly running this company. Dan has his normal MO of being a talking head while he brings in Alfonso and his other buddies to break the company apart. Looking at PayPal….you can see exactly how this turns out. Dan spends time listening to his own voice opine on topics he doesn’t understand while Alfonso runs the company. He’s the brains, Dan is the mouth. Dan talks, and Alfonso pulls out his overplayed handbook of “tiger teams” from the 1980s to spread the guilt of running the business into the ground among a few senior leaders who are too afraid of losing their country club memberships to ever grow a backbone and stand up. Alfonso breaks the employees, runs off the customers, all the while he and Dan are pocketing millions. Same day, different company. Too bad our BoD are worthless and too spineless to step in and stop the insanity.

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@OP You know it’s going to be a very bumpy ride, when they bring in a McKinsey alum and make him Chief Transformation Officer!

As for the BoD, suffice to say that former Vodafone CEO Vittorio Colao is on it. He’s the one who sold Vodafone’s stake to Lowell for $130 billions.

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