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Thread: Verizon lays off 44,000

  1. #1
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    Verizon lays off 44,000

    Verizon Lays Off 44,000, Transfers 2,500 More IT Jobs To Indian Outsourcer Infosys
    Jean Baptiste Su Oct 5, 2018,

    https://www.forbes.com/sites/jeanbap.../#7334b58946f5


    On 10/27 I learned from a Chinese web that Verizon will have a big lay-off, 40,000. That's a big news, I googled it, found it was a news three weeks ago. Yet it seems not much people know it. Maybe they will let it out after mid term election. What a censorship.

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    Re: Verizon lays off 44,000

    The problem is it's a lousily written headline and it tells a lie. Verizon has offered voluntary severance packages to 44,000 middle managers out of of its 153,000 employees. That's not 44,000 laid off. I doubt whether even half of those offered the package will take it. The package includes 3 weeks pay per year of service and it's capped at 60 weeks. You call that a lay-off?
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    What about this one?

    GM To Cut 14,700 Jobs And Close Plants In North America
    Kyna Dole,HuffPost• November 26, 2018

    General Motors will lay off 14,700 factory and white-collar workers in North America and put five plants up for possible closure as it restructures to cut costs and focus more on autonomous and electric vehicles.

    https://www.yahoo.com/news/gm-cut-14...161323318.html

  4. #4
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    Re: Verizon lays off 44,000

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    Not a problem at all, surely. Petrol and Diesel are on the way out, electric is the future, new factories and workforces replace old. If GM didn't close these obsolete plants they'd end up making nothing for anyone.

    Why are you annoyed at the closures?
    Nullius in verba|||||||||||
    Who has a spare two minutes to play in this month's FG Trivia game!

    The watch of your vision has become reasonable today.

    It’s normal. You must provoke. You must insult the belief of all monotheists. You must make fun of the belief of all monotheists.
    From the upper tier of the Leppings Lane End of the Hillsborough Stadium, I watched the events of that day unfold with horror.
    When the flowers want to oxygen and nutrition, or you’re a wedding or party planner, I will help you too much.
    Write that word in the blood

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