Thread regarding Verizon Communications Inc. layoffs

Verizon to eliminate almost 5,000 employees in nearly $2 billion cost-cutting move

https://fortune.com/2024/09/12/verizon-eliminate-5000-employees-2-billion-cost-cutting/

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Post ID: @OP+1uuGZD7N

10 replies (most recent on top)

This is nothing more than Verizon publicly announcing the final numbers that took the VSP.

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Post ID: @4rlh+1uuGZD7N

What these articles don’t emphasize enough is some of these jobs will be replaced by contractors residing outside the US.

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Post ID: @3dbt+1uuGZD7N

This place is a mess need a mew CEO

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Post ID: @1ggj+1uuGZD7N

Half the company is dead weight

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Post ID: @tcx+1uuGZD7N

When are union call center representatives gonna be let go, there’s enough dead weight there to free up some cash.

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Post ID: @npj+1uuGZD7N

The non-VSP RIFs will be hidden under the “exiting non-strategic business” cover.

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Post ID: @ilx+1uuGZD7N

There are ongoing RIF's that happened before and happening now after the VSP, so more than 4800 will be affected,

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Post ID: @ppl+1uuGZD7N

The RIF before the VSP offering show you that high upper management don’t comunícate. People got RIF then VSP was announce. Perfect display of bad management.

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Post ID: @xri+1uuGZD7N

Lol this number doesn't even include the RIFs that happened the week before the VSP was announced, but they don't want you to know about those

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Post ID: @nar+1uuGZD7N

Seems like a low number given the state of the Wireless industry competitive landscape.

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Post ID: @bcz+1uuGZD7N

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