Thread regarding Verizon Communications (VZ)

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.