Thread regarding Verizon Communications (VZ) stock

Kicked out and bleeding jobs

So they pulled us out of the Dow, and now the stock is sitting in the low forties, down almost 6%. On top of that, they are cutting hundreds more jobs, less than a year after slashing thirteen thousand. The CEO keeps talking about being leaner, which apparently means firing people while the stock sinks. I am holding this for the dividend, but watching the company implode like this isn’t fun.

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