Just had team meeting here in northeast. There will be a reduction in force in many segments of the business.
Off the books by end of year.
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The rumor was discussed on a call with our manager!!
I'm non-union and work in GNT and was told the same thing.
Any indirect impacts?
Hans is terrible and needs to go.
Return of mini VSP times. They are fattening the calf before the sl------r. They recently promoted in other teams well. Those who are left behind can be happy that some got promoted and so they won't feel that bad
Eventually most of IT will be a skeleton crew primed to be handed over to a vendor.
Business has worked with India and knows how difficult it is. And last thing they need is to work with a vendor from India.
This is also the reason business has ramped up hiring their techs all through the pandemic
In the Network Operations side they just promoted around 8 people. We were told by our manager we won't be impacted and that then changed to they aren't sure if we will be impacted since we are already at minimum
From where I am sitting, the 2 worst things that ever happened was when Verizon Wireless merged with Verizon and when Hans was hired.
No person NEEDS to make $20 million a year, especially at the expense of their workers. Hans needs to go and someone who values their employees and the work they do needs to be put in charge.
Our nation may be divided lately but I do believe the one thing we all agree on is that it's past time to keep businesses here in the US. The entire business community needs to stop getting rid of the workers here. Shop local, buy local, be loyal to local - by local I am talking about the United States.
Accepting poor leadership has plagued this company. All we are left with is yes people
You rise to the level of your incompetence here and so Nepotism, Favoritism, Wowism, many more isms are the norm
How sad for people to accept RIF as part of the company culture. Time to look beyond
First fact of life: RIFF's have always been part IT/GTS life. How small or big is matter of how much of the budget needs to be cut. Throw whatever numbers you want at it - 10, 15, 25, 30%... You will only know the real number after the fact. Those cuts can come in many forms - volunteers, contractors, unfilled positions, and/or employees.
Second fact of life - always be prepared for a riff, only a matter of time.
Please RIF. And let many of us out of our misery
This happens literally every single year. What’s the news?
@8mci+1cPtrJd6 that boat sailed with the VSP/ESP. The next rebadge, if there is one (is there anyone left to rebadge??), will be a take it or leave it.
@7ugl+1cPtrJd6 This is in line of the idea to get rid of all US IT via RIF or rebadging. I hope they give people the offer to quit with a package than be forced to work for a slave driver hired by the plantation owner
What is GTS?
Your family will be thankful once you are let go. So many are suffering from Stockholm syndrome [the captive forms a psychological bond with the captor in captivity]
@@7ugl+1cPtrJd6 It's not discrimination. It's called LOW COST BIDDER.
If there is a RIF, it will be interesting to see what the GTS RIF list looks like.
GTS was able to replace the majority of its IT workforce with workers in/from India.
GTS is now in the process of getting rid of all non-India based IT Vendors/Contractors.
The only two IT Vendors/Contractors that have been selected to remain are Infosys and
another one in India.
Somehow, none of this has been seen as discrimination or a conflict of interest.
Maybe this is because GTS Execs forced the few remaining non-Indian Directors/Managers to process/sign all of the paperwork necessary to send all of the work to India in order to hide the discrimination/conflict of interest.
I'm guessing that any upcoming GTS RIF will probably not include VZ employees in or from India.
Unless they plan to RIF many of the VZ India employees and replace them with Infosys employees.
Sucking up to your “leadership” team and getting promoted to customer anyways. It’s almost poetic.
5g home is your destiny and FiOS will be sold. Lol!!!!!!!!!!!!!!
i'm checking my list and checking it twice..who's been naughty and who's been nice. The hatchet is coming!
Probably why Kristy left, she couldn't stop the layoffs anymore during the time of covid.
Any layoffs in corporate retail coming? Is it possible that sales reps get laid off?
Be greatful if they let you go...
Congrats Hans you ruined Ericsson and doing your best to ruin Verizon
The only constant with Verizon is cr---y political managers who engage and thrive with endemic nepotism and continuous RIFs.
If the bullet with your name on it finds you with this round of RIFs, accept reality, be thankful for all that you learned from your experiences and move forward / do not look back. A year from now you will thank your lucky stars you finally escaped the VZ dumpster fire, toxic culture and incompetent managers. A much better life post VZ is calling you, believe that!
Make your holiday RIF list and check it twice.
That's why the HR leader left. She knew there was a brutal RIF coming and didn't want any part of it.
10% layoff off the books by dec 24. Merry Christmas from Verizon leaders.
You want to save money. Get rid of the 75% stock options for directory and ex directors. They are not part of the c-suite. See how many leave when that perk is gone.
GTS expect 25%
Well, give that Union employees don't do much, why not start there? Just Say'n
Verizon Enterprise Services (VES) is bloated and a minimum 30% RIF sounds about right.
They are a group of overrated primadonna's who sit around and wait for orders to come in. Wireless is the future and where all the $$ should be invested.
Next 12 months we will be under 100k employees. The plan was delayed due to COVID
european magic fill your pockets and fire americans. rinse and repeat at next place you go
Start with Hans and his $20M compensation package.
Too many 'managers' start chopping them and see how much $$ we save.
All depts,30% across the board.
Any outside techs?
Any GTS layoffs
Great. Our 4G LTE network is the best (take a bow) and our 5G pocket network works great in stadiums and warehouses. Never mind a RIF. The stock price has been going in the wrong direction all year. I'm beginning to think we are a non-profit without the formal designation. Time to make changes starting at the top then the non performing executive team. They all need to be held accountable.