Why? Do they not care about the future?
How hard is it really to figure out that once you get rid of all the people with highest salaries you'll at the same time find yourself without all the people who know all of your systems the best? The ones who are always called when something is not working?
Really stupid strategy, if you ask me.
If you did not attend the rah rah meetings and dog & pony shows, management and HR retaliated. Managers take offense, because you did not kiss up, and make them look good. My manager always took a roll call attendance before the meeting, and noted all demerits for your review, and labeled you not a team player, because they had no idea of your work load and deadlines.
I agree that the rah-rah meetings were a total waste of time. My group was required to attend so our Director could get an atta-girl for 100% attendance.
4jtb - you hit the nail on the head. My director asked why don’t you go to the Town Halls. My answer is I have so much work to do and that hour is an hour where my Jabber is so what calm and I can get things done. I have seen the dog and pony show multiple times. The same BS on another day. Nothing changes except the people giving the rah rah speech. It is a complete waste of time.
There are two kinds of workers at VZ.
The inner circles: those who hang out with the bosses, goes to occasional lunches, closed door meetings with Managers and the director, takes the first row in the town hall. He usually a good cheer leader, first one to post and cheer at eweb, first one to clap when his director delivers in the town hall..he possibly goes to the same temple/mosque/church with his manager/director...they either were hired together in the 80s right out of college or they flew in same year into USA as an undocumented h1b worker. 80% of those were probably retained.
The workers: These come in, do their job, make sure the systems are up and running, take a pay cut to do their job because they take pride in what they do, they usually do not do whole bunch of cheer leading. 80% of those were attempted to be sold to INFY for profits but many escaped the selling with ESP.
They get rid of strong people who get things done and promote more VPs and SVPs few if any have results . Just look at IT
OP is right. Verizon continues to foolishly lay off very talented people without a second thought. They've shown time and time again they don't give a rats a-- about how hard you work, the level of support you give to customers, etc. It doesn't matter what you do at Verizon. That Target will ALWAYS be on your back.
The real treasure has been purloined. What's left for rest ( VSP, EISP) is what lines the chest. A bronze parachute perhaps? Check urban dictionary for a laugh.
It's been quite a ride. All the best, mdp
People that think they are number one are not.....but they think they are entitled.....they should be let go.
and I’m number 1.
You are just a number at this company. Don't forget that.
What type of talented person wants to work at a dysfunctional public utility company in 2019?
Buddy most of the best talent left this company years ago
Take a long look around. Who really can do the job anymore
They're great at squandering talent.
People that end their posts with the word sad are sad, and unlikable.
Never said I couldn’t retire, but young enough and willing enough, to wait on an EISP.
30 years of work and can't retire. Sad...
@jie, don’t tell me what I should or should not be grateful for. You might be a boss but you’re not our Daddy. No one elected you Queen Arbiter of What Union People Should be Happy With.
BTW, no anger here either. Just responding to delusional talk.
In reading this thread it’s you @jie who comes off as angry, rather than the person whose post strangely torqued you up.
BTW, you forgot the 401k, but an additional EISP would be cool. It would be the height of ignorance not to want one for oneself, just as no desiring a VSP payout would be equally ignorant. But who’s labeling who as greedy? It’s not coming from the Union side. Strangely, some VSP recipients such as @mql are badgering others with their skewed anti-EISP arguments and ramblings.
Why are union people so triggered and angered by everything? Why do they spend so much time on a layoff board when they in fact, according to their claims, can't be laid off.
You should be grateful to have 30 years with a single employer. 30 years is enough time to save for retirement is it not? The union made sure you had a bullet proof pension did they not? And medical correct? What else could you possibly need? They gave you the world, but yet you want more.
Thats fine if you think all VSP recipients are stupid / useless. I'll take it coming from you. Enjoy being trapped in your miserable job until 2023 and possibly beyond.
“...Verizon laid off a lot of top talent in 2015... All that remains are low self esteem lifers and union people wanting a handout to leave because they are basically unemployable...The last VSP’s will be off the books next month myself included. I will ride off into the sunset with my VSP tresure chest in tow to begin my retirement...” @mql
Why, in your mind, is the hope for an EISP after my 30 years of service considered “wanting a handout”, but your riding “off into the sunset” with your VSP tresure [sic] not a handout? Any chance your indignant self-righteousness might make you re-consider, and return the VSP money (or, handout, in your mind)?
I did agree with your assessment of why you were not a part of the 2015 RIF. Most of the people that I know that accepted the VSP were useless and/or stupid individuals, with one lone exception. Things are smoother without them.
@mdp - Yes, silly me.
Good luck to you and your kind. I hope you get what you want.
"people wanting a handout to leave because they are basically unemployable."
"myself included. I will ride off into the sunset with my VSP tresure chest in tow to begin my retirement."
Treasure chest? Silly you
Outdated talent, most likely. Examples:
With Salesforce, many of the c-appy internal apps that IT took years to produce were obsoleted, and a small, competent, core team can do all the development necessary quickly. No more servers to maintain, as they're included in the Salesforce cloud, maintained by them. No more underlying databases, again managed by Salesforce. Boom. Bunch of IT folks no longer needed.
Same with the migration from internal stuff to AWS, from the c-appy old M$ Exchange servers to G-Suite, etc. All this formerly internal stuff can be done more cheaply and efficiently, with far faster response to changes, by outsourcing.
Saves the company time and money, no more capital outlays and months of planning for servers, and all constant pushback from IT to get anything done. Gone.
The OP is partially correct. Verizon laid off a lot of top talent in 2015. After that, remaining talent began to voluntarily leave since the job market has been so good and a great employee will easily find a better job and working at Verizon went downhill really fast.
Today, after the VSP, why would a talented individual even work at Verizon? They wouldn't. All that remains are low self esteem lifers and union people wanting a handout to leave because they are basically unemployable.
Hate this post all you want, but it is true. Verizon today has a below mediocre employee base and its poor performance and stagnant growth are proof of that. Zero inovation, zero initiative, zero vision means zero future.
5g is a joke and it is status quo as all the carriers are touting this worthless garbage in a desperate attempt to try and manufacture growth.
Wireline has been relegated to the background as it is no longer a viable customer facing product. The repetitive wire pulling, cable splicing, button pushing tasks can easily be outsourced to non union contractors at a fraction of the cost.
The last of the VSP's will be off the books next month myself included. I will ride off into the sunset with my VSP tresure chest in tow to begin my retirement. Verizon will continue its downward spiral into an anonymous dumb pipe that will be used by technology companies whos products consumers will want. No one will care about Verizon or any other network carrier as they all blend together into a data network that silently operates in the background and sold to wholesale MVNO's. The end.
The similarities are fascinating. Verizon executives control the FCC, while Boeing executives control the FAA.
In China, the government controls all corporations, news, and culture. America seems to be controlled by the wealthiest 100 corporations. It's inexpensive for Verizon or Boeing to lobby both political parties, or manipulate Americans with sophisticated PR campaigns.
Bowing was overseen by the FAA when testing new aircraft.
Due to cut budgets and current political reluctance to perform due diligence via regulatory oversight, Boeing was left to approve their own product without oversight. Fast forward a few months after such “testing” was done on those planes - hundreds dead due to a faulty system passing muster with little oversight.
That’s what happened, not the hogwash @fub is peddling.
How do life and death situations in any way mirror what transpired here. Get over yourselves already.
Whistleblowers at Boeing are continuing to say other planes are also dangerous. With only 2 aerospace manufacturers in the world, Boeing doesn't need to hire smart engineers or pay adequate wages. It's cheaper to pay off the families of victims than pay qualified engineers.
Same thing happened at Boeing the plane maker. They got rid of the top paid and most qualified talent to "improve shareholder value". The end result was the 737 Max plane fiasco.
It's a smart strategy. Without competition in the telecommunications industry, Verizon merely needs to hire the cheapest people available. Quality and experience are not valued or necessary.
First they allow Blowell to walk, then Mark Reed. I'm getting scared of all these geniuses leaving, too!
It is funny how important people think they see themselves in an organization. If you are such a hot shot and critical to the Verizon mission, maybe they won't be letting you go?
Alternatively if you think you feel so 'top of the talent pool' then you should be able to clearly sell that talent to another company.
Wow ! You really think life doesn’t go on without you ?
The people that are making the decisions to get rid of those high paid talented people do not understand the impact or the contribution of those people . They are only concerned with the budget.