Thread regarding Verizon Communications Inc. layoffs

BLOW90 - Another Verizon Failure - Another Failure That Employees Will Pay For With RIF's

Why doesn't Verizon get it? It will never be a cool tech company. Give it up! https://consumerist.com/2016/09/09/verizon-partners-go90-a-huge-dud-far-far-worse-than-expected/

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Post ID: @OP+JisNGNb

22 replies (most recent on top)

@JisNGNb-9jek Interesting point. Even Shamwow found that out once he became CFO and started to realize that the wireless peeps that he was bringing over were not up to the same standards and intellectual level as Corp and Wireline. His embarrassment over their lack of skill and talent is why he started mandating professional certifications, which still hasn't helped much. Many of the wireless peeps that did not originally come from Corp or Wireline never understood - and still don't understand the telecom business and its customers. That is why they are running all over trying to reinvent the company.

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Post ID: @9tbo+JisNGNb

Somehow wireless exec thoughts people in that side were the smarter, even though they have no idea what telecom is, any monkey would have delivered the same wireless results from 2000 to 2009, it was a new product and millions signed in.........has nothing to do with who's on the top. Now all uncovered you could easily see all these monkeys without brain.

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Post ID: @9jek+JisNGNb

Marni is a failure. All of Lowell's picks have been failures. His who gang that can't get anything right can't find their a$$es with both hands.

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Post ID: @9zai+JisNGNb

It was Angiolet that pushed this steaming mess. He wants to be bug studio exec. Meanwhile they're laughing at him behind his back while they take hundreds of millions of lame crap.

He'll blame the failure on everyone else - they don't get his vision, he'll say.

Marni won't own up to it either. She's hiding in the executive offices trying to justify her millions in salary and bonus. But Marni, you hired Angiolet. He and his fat failure is your's too.

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Post ID: @8fpd+JisNGNb

Is go90 still around? Thought it was dead already?

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Post ID: @6svl+JisNGNb

I wonder if they still have that garage with the unfinished floors from way back in Feb 2015. That place sounded pretty wild! They probably had a Rave right after the meeting. Lowell took his shirt off and started dancing with glow sticks.

"BURN YOUR BRIDGES" guys! .......Well, maybe not all your bridges.

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Post ID: @6omv+JisNGNb

They should have sent Blondie packing a long time ago. What a waste she is.

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Post ID: @5dfp+JisNGNb

Jan 6, 2016 1:04pm

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Verizon (NYSE: VZ) is only a few months into its official launch and marketing push around its mobile video platform Go90, but the carrier says the service is already performing well on its network as well as its competitors' networks.

Marni Walden, president of product Innovation and new businesses at Verizon, was reluctant to share specific metrics for Go90. But she did say Verizon is optimistic with what it's seen so far in terms of app downloads and audience connecting across multiple network platforms.

"And we like that because the main driver of revenue is advertising," Walden said, speaking Wednesday at the Citi Internet, Media, and Telecommunications conference in Las Vegas.

Walden called the money coming in from advertising on Go90 an incremental revenue source for Verizon and said that the carrier is exploring other ways to monetize Go90, including data utilization and subscription tiers, including monthly or pay-per-view.

"Today Go90 is more of a retail strategy but there's opportunity for further monetization through licensing or wholesale," Walden said.

Right now, though, the focus for Verizon and Go90 is scale. Walden refused to comment on how a potential Yahoo acquisition could help in gaining more scale but said there are all kinds of players Verizon could look to in order to achieve the same goal.

A big part of the scale strategy is original content. Walden confirmed that Verizon will soon be announcing content deals with Warner Music for music and a new original series with Sony.

"We have certain original content that's really taking off," Walden said, adding that Verizon is more interested in engagement metrics that show how often viewers are returning and how long they're staying.

One potential lure for snaring viewers and getting them to stick around without worrying about chewing through their rate plans is sponsored data. Walden said Verizon is doing a small trial now with sponsored data and that the carrier will become more active in that space through 2016. She also seemed confident that Verizon could navigate the FCC's new rules governing network prioritization.

Verizon is confident in the long-term success strategy for Go90, and that outlook is leading some execs at the carrier to publically push for more spectrum in order to help meet the demand mobile video is expecting to place on mobile networks over the next five years.

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Post ID: @5hum+JisNGNb

How about the useless cheerleader Stratton, if you wanted to kill something , run it by Stratton.

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Post ID: @3jve+JisNGNb

3fzx "Navigator" that is another one! How come no one was fired at the VP level for that one? The place is so corrupt. At least they are finally making shamwow walk the plank. I love the write up on Marnimishap.

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Post ID: @3lox+JisNGNb

Vz navigator is my favorite, a navigation app for 5 bucks a month.

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Post ID: @3fzx+JisNGNb

Its is not about failure it is about bonus money. An exec who promotes a woman and keeps her in that job gets a special increase in their bonus. It is insane. I heard about this VP who helicoptered in womwn into he former department as directors and got more than $6,000 a head each, for every year that they were there. It must make Armstrong crazy having to report to such a lightweight.

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Post ID: @3inn+JisNGNb

She wasted hundreds of millions on smart and destination store designs as well. HQ just pulled the plug on smart stores. No more will be built. Another failure she may add to her long list of failures on her PA&D.

Where is the accountability? Where are the consequences for such waste and poor, poor leadership?

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Post ID: @2uvi+JisNGNb

Marni is slow, couldn't say three words without losing her thoughts........making her senior exe is one of the best example that our CEO has no vision or judgment.

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Post ID: @2sik+JisNGNb

Post ID: @JisNGNb-shs

Marni is/was an EEO pick. Wants to be a player, but is nothing but a big blond empty suit. None of these characters can match the capabilities of their earlier telecom predecessors. All of lowmac's crew from Barney to Marnie has been a waste ot money.

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Post ID: @2xes+JisNGNb

@ 1zdk wrote "but to also suffer extreme ramifications if it is implemented and fails."

This is the part that never seems to happen at Verizon or any other big company. So the executives continue to make their collective 50 million bucks a year and then when Wall St is unhappy because they couldn't raise earning a penny suddenly thousands of lower level employees have to worry about being laid off or getting their benefits taken away. A rotten way to run a company.

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Post ID: @2zcu+JisNGNb

@JisNGNb-1zdk comments "They could be a cool tech company, if all the leadership wasn't born in the 50s."

My bet is that Go90 was the brainchild of someone born well after the fifties, and well as all of the development leaders. The problem is the upper executives have been snookered and hoodwinked by the younger generations into thinking that the future of Verizon lies in being a "cool tech company".

Hopefully, the Verizon board and chief executives will realize before it is too late that their decisions to place young and inexperienced leaders at virtually every level of management is a fool's proposition at best, and to allow these Google-want-to-be's to make critical and costly decisions at the company's expense is a reckless and dangerous way to run a business.

Whenever one of these bright young upshots comes forward with some magic-bullet gimmick, whether it be a new product offering or a change in software technology (which happens constantly in IT these days), they should be told, "Go write a white paper explaining why your idea is so good, and be prepared to not only defend it with hardcore analytical facts but to also suffer extreme ramifications if it is implemented and fails."

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Post ID: @2bzw+JisNGNb

I met a traveller from an antique land,

Who said—“Two vast and trunkless legs of stone

Stand in the desert. . . . Near them, on the sand,

Half sunk a shattered visage lies, whose frown,

And wrinkled lip, and sneer of cold command,

Tell that its sculptor well those passions read

Which yet survive, stamped on these lifeless things,

The hand that mocked them, and the heart that fed;

And on the pedestal, these words appear:

My name is Ozymandias, King of Kings;

Look on my Works, ye Mighty, and despair!

Nothing beside remains. Round the decay

Of that colossal Wreck, boundless and bare

The lone and level sands stretch far away.”

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Post ID: @1zhl+JisNGNb

Wallace Colyer was standing in a garage.

It was a day in early February 2015 and Colyer was at Verizon's (NYSE: VZ) development center in San José, Calif. He was addressing more than 250 employees at an all-hands townhall meeting, and the crowd was gathered in a large, open area, bordered by windows that looked out onto the back lot of the carrier's facility.

The garage has rough concrete floors, and the carrier, which had moved a team into the facility in December 2014, had sealed the floors but hadn't finished them because it wanted the space to look rough. It was a Silicon Valley touch that signaled Verizon's desire to develop a little startup flair. The garage has six sets of doors that can be pulled down to divide the space up, but on this day they all were open. Colyer, Verizon's vice president of engineering for its Go90 over-the-top mobile video product, had an important message to deliver.

There was a large group of engineers, developers, user experience designers and product managers assembled in the garage of the facility, which is near Mineta San José International Airport and only five miles from downtown. Many of them had come over to Verizon in early 2014 as part of Verizon's acquisition of Intel's OnCue platform. Many of those at the meeting had been working on IPTV and FiOS TV products, and were not focused on mobile.

Everything was going to change. Colyer told them that they would start working on a mobile-first product. "Burn your old bridges," he told them, and stop thinking of set-top boxes and consumer electronics devices as the way consumers would access video content. And crucially, he said, the new product would be aimed primarily at millennials, Americans born between 1982 and 2000, a group who now number more than 83 million.

Verizon had been edging toward this moment for several months, with a so-called "skunkworks" team developing the foundations of what would become Go90.

"But that was sort of the turning point where we said, this is what we're doing, we're focusing on it, we're going to make a big bet in these areas and we're going to put a significant amount of resources and infrastructure into it," Colyer told FierceWireless.


This is the story of the creation of Go90, Verizon's attempt to create a new service that appeals to a demographic it views as significantly important to its future, as told by some of the key executives involved in its development. It's a story of how Verizon wanted to create a product that would appeal to millennials, driven by a desire to create a large audience the carrier could deliver to marketers for targeted advertising (advertisers have largely been flummoxed by millennials' aversion to traditional pay-TV products).

And more broadly, it's the story of how a multibillion-dollar telecommunications company known for its staid leadership and methodically consistent financial results incubated a startup -- and a startup mentality -- inside itself.

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Post ID: @1vac+JisNGNb

They could be a cool tech company, if all the leadership wasn't born in the 50s.

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Post ID: @1zdk+JisNGNb

This isn't the only article out there that thinks Verizon leadership is stupid:

http://www.nytimes.com/2016/09/08/business/dealbook/no-clear-logic-in-verizons-digital-media-venture.html?_r=0

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Post ID: @shs+JisNGNb

The genius monkeys at Verizon wireless was predicting cell phone media will be replacing computer, laptop and even 60"+ TV and developed a program that only works on cell phone. It seems they guys do not have a friend. Two kids would have figure out this won't work but the genius monkeys could'nt.

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Post ID: @ymt+JisNGNb

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