Thread regarding Verizon Communications Inc. layoffs

April Restructuring/ rif

Upcoming reorgs coming up in april. Be prepared for a big one. Post additional details here

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Post ID: @OP+1jme2d0d4

22 replies (most recent on top)

Anyone remember fit to win? The not so secret plan to offshore as much as possible which then became VGS? World class finance leadership had their team spending years moving around puzzle pieces when surprise surprise…VGS didn’t get the offshoring promised when more focused on pointless reorgs. And then mindless Vsp saved the day for the VGS failure. Yet leaders remain and revel in their inefficient, burnout, urgency culture of chaos.

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Post ID: @1ns+1jme2d0d4

Given the amount of restructuring recently, I doubt there are many major moves planned for this year. Minor ones maybe. The next big move will be integration of Frontier and associated fallout. Why would they restructure now, when there is a good chance they'll have to do it again in 2026.

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Post ID: @1g0+1jme2d0d4

What about people like spending seven out of eight hours of the day not working and posting on social media at the beach, party, wasted stupid?!?! Does anybody monitor anybody’s work these days? Why are we not truly evaluating who is doing the work and wants to do it rather than those that are taking advantage of it and getting promoted and all this money people that don’t need to be and giving people like this huge bonuses, freedom, stock and bragging rights? What a fail when you have great people that are dedicated and want to work and do great work all of the time.

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Post ID: @1e2+1jme2d0d4

Finance has been going through a best in class reorg for 15 years.

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Post ID: @1c9+1jme2d0d4

Any leader that spends more time doing interviews to 3rd party companies, and has excuses for not spending any time with their own grunt workers should be the first to go...

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Post ID: @nz+1jme2d0d4

Finance needs a rif. Between shadow finance, fpas and finance - most time is spent arguing over which overlapping team should do what. The leaders who’ve spent decades power hoarding and bloating their teams should be the first to go. Many business leaders don’t even know who their full finance support is amongst the revolving door of chaos.

The organizational mess of finance reporting to operations, VGS and CFO is a disgrace and far from world class. Some have tyrant, workaholic leaders that crush their teams in the relentless pursuit for power and 100 page decks nobody reads. Others have smart, capable leaders that actually get things done without burning out their people. But no matter how good or bad the leaders are, there is no accountability as they all just reorganize again and have fancy kickoffs about how they are so energized and excited. Pathetic.

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Post ID: @mm+1jme2d0d4

Barer bones GNT. VBG sheds more to HCL. HR is a portal site.

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Post ID: @jn+1jme2d0d4

Hearing vcg operations / workforce

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Post ID: @jk+1jme2d0d4

Confirmed.

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Post ID: @hv+1jme2d0d4

More jobs going to HCL get ready

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Post ID: @hg+1jme2d0d4

Ran into IT folks and their RIFs started last Friday. 2 weeks per year of service not as good as VSP.

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Post ID: @ej+1jme2d0d4

Management need be familar with 3 terms at verizon.

  1. RIF Reduction in Force
  2. Needs of the business
  3. Seperated from payroll

Get use to these 3 terms they will adress all of your concerns ar verizon.

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Post ID: @eg+1jme2d0d4

Now is the time for Vz employees go buy that first home, start a family, buy a new car or truck, or make upgrades to your home with a new kitchen or bathroom knowing your job is secure for decades to come.

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Post ID: @dx+1jme2d0d4

Do us all a favor so we can go to a company that values employees...

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Post ID: @ds+1jme2d0d4

Confirmed! It will be officially announced on April 1st

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Post ID: @dr+1jme2d0d4

Another useless post

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Post ID: @dn+1jme2d0d4

Whatever

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Post ID: @dm+1jme2d0d4

What’s the usual rif payout for managers?

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Post ID: @d3+1jme2d0d4

I agree, what organization this for?

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Post ID: @d2+1jme2d0d4

It would help when stuff is just thrown out here to basically panic everyone that you at least specify what orgs or areas are being targeted.....

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Post ID: @cc+1jme2d0d4

Rinse and repeat nothing new here 4 layoffs a year

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Post ID: @by+1jme2d0d4

That’s wonderful news.

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Post ID: @bb+1jme2d0d4

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