There were a significant amount of wireline layoffs in all areas (finance , product mgmt, product support, network assurance, sales etc). When you cut frontline sales and sales engineers that are customer facing then that tells you there is a big wireline change coming. Since wireline has lost so many network customers to the competition due to uncompetitive pricing, those left in wireline sales may just fold into the enterprise wireless group. Leadership conveyed last week that the future is wireless. Can’t see customers running critical applications over wireless. What does everyone else think?
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Point one below is very true. Vzb Wireline bands pay higher than wireless. Which is probably why Wireline is declining and vz is them laying off.
@lkr+1juCy4wE lol if you think any of point one is true. Just absurd.
- ) Wireline guys will hang on until they are laid off because we know the pay bands in Wireless are lower when comparing the same title. A 6V senior manager band in Wireless tops out at $131k base, whereas a wireline 6V senior manager tops out at $190k. This may not mean much for internal promotions (especially since we are limited to a 10% increase when advancing to the next band) but becomes a real barrier for experienced hires both applying externally and those applying to wireless laterally.
- ) A friend of mine just spoke to a recruiter for a 7V supervisor position in wireline and the hiring range per the recruiter was $97k-117k. The reason for the pay disparity is the existence of union titles in wireline (they can’t pay a manager less than their subordinates) and no union in wireless. If your retail wireless employees get $17/hr, you can pay your 7V store leader $55k. If you are over linemen who top out at $42/hour, you will make about $90k in wireline.
That fool who thinks fios isn’t wireline!
It just goes to show what a failure 2.0 was that people are discussing "wireline" as a seperate thing still.
I think op means Verizon business as wireline. vzb has seen a 21% decline yoy.
Don’t think anyone is talking about backhaul fiber. That one of the few bright spots. Whachu talkin’ about Willis?
What the he-l do you think backhauls all the wireless? Microwave? 😂
Agree the wireline division is going to see some significant changes and shifts with the decline in revenue and layoffs. As Tami would say on all hands calls when she got to the wireline results (that were always in the red) , “and again, the wireline continues to decline” and she would quickly move on to the next slide.
Fios is indeed part of wireline at the company level
Fios is not wireline. Fios is part of vz telecom - you should know that. Fios is not mpls nor is it the internet dedicated product is under wireline. Come on man.
This isn’t true at all. Fios added customers to internet as usual. TV lost customers….just like all cable companies. This post is garbage.