In past decade Verizon had been rapidly reducing workforce: 224K to 153K. The 44K new cut is massive 29%. So net shedding over a decade is almost 48%. From the

In past decade Verizon had been rapidly reducing workforce: 224K to 153K. The 44K new cut is massive 29%. So net shedding over a decade is almost 48%. From the look of the graph, the shading had been at constant rate. This short of indicates that the problem isn't over-hiring (which they could have fixed by one time layoffs) but rather attempt to increase stock by risking long term prospects. AT&T for comparison has over 254K employees. I'm now bit worried about verizon's long term future. I have been planning to switch to Verizon from AT&T and now this doesn't give me comfort.