Quote:Operating "profits"?  I'm not sure where you are getting your numbers.  A link or a source would be nice.  Here is what I read from multiple sites.

 

 

So were there supposed "profits" out of that division?  Maybe so, but it's probably more due to getting rid of the "bad assets" and offshoring workers.  Why would they do that?  Could it possibly be because American workers are/were demanding too much?

From your same source:

Still, Verizon managed to post an $8.9 billion operating profit in its wireline business last year. That was down slightly from 2014, but not by much.

 

But you read the same thing I read.  Apparently either not all of it, or you decided it meant whatever you want it to mean, in which case there's no point arguing with you.


BTW that SAME source also lists cutting employees saving only $300 million.  Which is nowhere near $8.9 Billion.  

To help make up for the losses, Verizon continues to offload some of its wireline assets, and it has been offshoring some of its workers overseas. The company says it saved $300 million in employee costs in 2015.

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