Thread regarding Verizon Communications Inc. layoffs

Headcount is now....

105,400.
11,700 fewer than last year. That is 10%.
See page 3 of the Q4 financial statement.
Another 10% this year would drive it down under 95,000.

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Post ID: @OP+1qIpxQG0

9 replies (most recent on top)

RTO and WFH have NOTHING to do with any of this. If you think being in the office makes it harder for them to get rid of you ….. you are delusional. RTO is about protecting value of commercial real estate, that’s it.

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Post ID: @4sbi+1qIpxQG0

Sad to say, but it's a dying company. They have eliminated half it's workforce in the past decade.

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Post ID: @2oxr+1qIpxQG0

Look around. We need more cuts, no?

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Post ID: @2yzw+1qIpxQG0

That number include the employees that went over to HCL, approx 5k

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Post ID: @1mou+1qIpxQG0

WFH is making it easier to outsource more calls than ever, resulting in a decrease need for manpower. We need employees to put Verizon as top priority, not getting the kids to there activities or the second job. RTO is a must otherwise we won’t have a job.

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Post ID: @1ksh+1qIpxQG0

Walking through my hub today seems like alot more.

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Post ID: @1ewk+1qIpxQG0

How many Indian contractors did we gain? 30% ?

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Post ID: @1urg+1qIpxQG0

what make you think another 10% this year?

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Post ID: @qpb+1qIpxQG0

How else do you think the bosses salon hair highlights get paid things cost money!!!!

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Post ID: @map+1qIpxQG0

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