Verizon never does anything haphazardly. They are calculating the number that will stay, the number that will leave and calculate the impact to the bottom line and the impact to resource relief and decided the 1% was not pulling their weight. It is a net positive for them or they would not do it.
How does it feel to be in the 1% and have people hate you for what you earned over the years and go to protests to try to take it away from you? No fun having the shoe on the other foot.