Thread regarding Verizon Communications Inc. layoffs

Be prepared for Round 2 of layoffs from the budget fiasco.

Word is they are assessing impacts from round 1, but there will be a round 2 which will include both IT and business resources. VZ employees this round.

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Post ID: @OP+13aMQHvz

11 replies (most recent on top)

It was triple that

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Post ID: @1fmu+13aMQHvz

Budget wise 50+M for IT is nothing.

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Post ID: @1gom+13aMQHvz

@1aau+13aMQHvz none of them know how to run business. great at saying “YES” though. it’s a colossal f*ck up with broad implications. However, those responsible won’t pay the price

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Post ID: @1lvy+13aMQHvz

the words on street are they are short of 50+ millions, how can it possible? this is not the first day they manage IT

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Post ID: @1aau+13aMQHvz

Cut 50 percent of the directors and VPs , lose nothing , fix expense problem and hire back consultants who add value

Wait we may lose some LinkedIn posts 😆

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Post ID: @1vxd+13aMQHvz

There are directors (even in IT) with NO direct reports. Figure that one out.

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Post ID: @1msd+13aMQHvz

Flat structure is better with out too many management layers. I get calls from 5 different managers for the same task.

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Post ID: @zju+13aMQHvz

I'm glad I left last round. It was the best career decision I've made. I also got a boost to my savings account.

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Post ID: @cwl+13aMQHvz

Any talk about wireless?

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Post ID: @nwu+13aMQHvz

It’s all going to be fine.

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Post ID: @bbx+13aMQHvz

Is anyone really surprised. Our leaders did a poor job moving huge amount of work to infosys. That was the first sign they are horrible and over paid.
Now they hire so many consultants to do all this work and now they fire them. Now they are are still over budget and the employees on shore, the majority, do not code so the work can’t get done.

How much longer does Hans and Kyle wait before they do what is required and what every IT person below VP and Director can see clearly

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Post ID: @xeb+13aMQHvz

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