Thread regarding Verizon Communications Inc. layoffs

Do we expect layoffs following VSP?

Is there a target headcount reduction number they want to meet by doing layoffs on top of VSPs?

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Post ID: @OP+1utqdKpf

9 replies (most recent on top)

Merry RIFMAS.

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Post ID: @5luj+1utqdKpf

is Value GTS in Miami sinking the opportunities that business is trying to go after? ??? YES, exactly, so you will see layoffs

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Post ID: @3tgh+1utqdKpf

Layoffs have been going on for the past 2-3 years. We just don't hear about it. It will continue. Several corporate companies are experiencing the same issues of inflation and reducing cost (overhead). Guess what's the largest cost?? Yup, salaries and benefits! This recent reorg has already cut out several high level positions/salaries.

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Post ID: @2wzq+1utqdKpf

20% by end of september is whatvI hear

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Post ID: @2vmh+1utqdKpf

What a d-mba$$ question!!!

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Post ID: @1ykz+1utqdKpf

Yes, definitely coming in October. Off the books by the end of the year. Targets have already been established.

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Post ID: @1amm+1utqdKpf

15% total

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Post ID: @wsh+1utqdKpf

Ummm, yes

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Post ID: @wyq+1utqdKpf

will there be layoffs lol is the Pope Catholic?

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Post ID: @qpx+1utqdKpf

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