I’m trying to see what numbers are now to see if we can see an average percentage cut rate. I would like to know how many US and then total employees on shore and off… It seems like upper management is pretty much cutting 10% every year at least…
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VZ Quarterly Report publishes the total headcount (about 119k):
https://www.verizon.com/about/investors/quarterly-earnings
It isn’t always those doing useless reports fault. They could be doing useful work and often work unpaid overtime doing it. The managers and directors who request these useless reports are the problem. I can’t even guess at the amount of times I’ve wasted hours or days on a random question from one director to another that became a fire drill for a curiousity that is usually already forgotten.
We've lost way more people in the last couple of years through attrition vs layoff
From their FORM 10-K filing with Securities and Exchange Commission
https://www.verizon.com/about/sites/default/files/2021-Annual-Report-on-Form-10-K.pdf
Verizon is committed to being an employer of choice. With approximately 118,400 employees, including approximately 800 Tracfone
employees, on a full-time equivalent basis as of December 31, 2021, 89% of whom are based in the U.S., we know that we need employees
with diverse backgrounds, experiences and perspectives to help us understand and connect more meaningfully to the diverse customers and
communities we serve. Our human capital programs and practices are designed to create a workplace where employees are empowered to
share their authentic selves and feel seen and heard as vital contributors to Verizon’s corporate purpose. In addition, Verizon has extensive
on-the-job training opportunities, tuition reimbursement programs and career development support to enable our employees to maximize their
potential and thrive professionally. Guided by our long-standing commitment to diversity and inclusion, our hiring and outreach programs
have resulted in a strong representation of women and people of color. As of December 31, 2021, Verizon's global workforce was
approximately 66.9% male and 33.1% female, and the race/ethnicity of our U.S. workforce was 53.9% White, 20.1% Black, 11.9% Hispanic,
- 0% Asian, 0.4% American Indian/Alaskan Native, 0.3% Native Hawaiian/Pacific Islander, 2.6% two or more races, and 2.8% unknown or
undeclared. Women represented 38.7% of U.S. senior leadership (vice president level and above). People of color represented 34.9% of U.S.
senior leadership.
What are the highest paying jobs in Verizon?
At Verizon, the highest paid job is a Director of Sales at $300,000 annually and the lowest is a Customer Service Rep at $40,815 annually. Average Verizon salaries by department include: Design at $89,108, Operations at $87,401, Sales at $128,824, and Product at $143,473. Half of Verizon salaries are above $107,396.
Verizon employees 2007-2021
Published by S. O'Dea, Jul 27, 2022
In 2021, 118,400 people worked for Verizon Communications as employees. The vast majority (just over 105 thousand) of Verizon’s employees are located in the United States.
You could easily cut 25-30% from all engineering teams. Operations maybe 20-25%. There are still tons of useless people with useless reports doing useless tasks in an out dated model.
Where’s Total?