Thread regarding Verizon Communications Inc. layoffs

It's coming... For sure.

Batten down the personal finances, theres definitely a RIF coming in 4Q. Confirmed.

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Post ID: @OP+1iOPv4Xc

17 replies (most recent on top)

VBG, 11%, notifications in Oct to ensure full year 2023 benefit to bottom line. Hate to say it but it IS true. A lot of open positions being swept, so maybe those will count towards the new target, but who knows. Being kept very quiet which is stupid. Everyone expects it so let’s just be honest and say the quiet part out loud.

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Post ID: @4xzo+1iOPv4Xc

High fat VBG? lol you mean the only channel actually making the company any money right now? Get a grip.

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Post ID: @2cii+1iOPv4Xc

'Confirmed'? Real solid info there. Put some numbers and areas targeted behind that... then maybe this thread would be worth it.

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Post ID: @2hdi+1iOPv4Xc

Lol. There are RIFS every quarter. Thank you for “confirming” it. The question is which departments…it’s probably going to be VCG again and not the hemorrhaging high fat VBG channel. 😒

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Post ID: @2ugn+1iOPv4Xc

RIF's are the Verizon way...they eliminate thousands of job every year and have done so for a decade. They have no ideas for growth, so it's cut, cut away. Take the package if it comes your way.

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Post ID: @2azc+1iOPv4Xc

I wasn't going to believe you. Then you wrote "Confirmed". So now I buy it.

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Post ID: @2fxs+1iOPv4Xc

10 to 15 percent... Mostly VCG and GTS, some GNT outside wireless.

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Post ID: @1ers+1iOPv4Xc

Please post confirmation details as well as RIF details (i.e. - impacted business units)

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Post ID: @1ije+1iOPv4Xc

Reading Is Fundamental!

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Post ID: @1bao+1iOPv4Xc

Open up wide here comes the 5yee sauce

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Post ID: @1qxs+1iOPv4Xc

Not a rif.

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Post ID: @1gnp+1iOPv4Xc

Please spend less time on this site and go make a difference in the business.

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Post ID: @1fsw+1iOPv4Xc

This must be true.. my supervisor gave me a wink-wink at the last meeting we had when I asked if an EISP was coming. Can't wait. I'll leave with no less than $500,000 in incentives alone! "My golden parachute maybe isn't as great as Hans' is, but I dont have 9 yachts anyway".

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Post ID: @1fnb+1iOPv4Xc

Start at the top. bye bye Hans! Board should be held accountable for poor performance as well. Warren already fired Verizon!

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Post ID: @1wtg+1iOPv4Xc

There is a RIF in VZ somewhere EVERY 4Q. Just depend on the size.

Giggity.

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Post ID: @1bit+1iOPv4Xc

“…Please people, spend less time on this site and go feed your brain.”, says the guy spending time on this site rather than feeding his brain. 🤔

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Post ID: @1ubm+1iOPv4Xc

Wow, such a reliable source.
Please people, spend less time on this site and go feed your brain.

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Post ID: @1vuf+1iOPv4Xc

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