Dan promised Wall Street ai-cs tech stack by November. That means more layoffs are coming to reach the $5b .. I expect more leadership departures to be announced soon since last week’s cuts don’t add up to the $500m Verizon wrote off in the sec filing for severances and real estate. Brace for impact.
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PLEASE cut more from the top, not those of us actually working!!
It’s the gift that keeps on giving..
Next round in the fall.
Let’s see when the EIP comes for craft…wonder how many will exit stage left…
@ae what the board, Dan and c level is doing to its employees is putrid
Why can’t they do it in one fell swoop. Everyone’s so freaking exhausted with the waiting game
Verizon has a lower fairness result, although its employees have higher pay. Its median employee pay is $154,605, but its CEO earns 248 times the median employee pay. Verizon also generates more profit per employee than it pays the median employee. These results give Verizon a combined fairness score of 41 out of 100. The main reasons for the lower score are the large CEO compensation and the wider pay gap.
https://fair500.com/