Verizon doesn't believe in training, so it's no big deal to rif the staff (no money invested). However, the reason for the rif in the first place is that you didn't train them. I'm in product development and asked PMs for their projects cost, schedule and performance metrics, and they had no idea what i was talking about. If they did, they would know everything is red (over budget, behind schedule and doesn't work). Then, they'd said they had to be agile, which is why there's no plan. Just because your agile doesn't mean you don't have a plan - it's just a shorter plan. The other thing I'll say is this - Verizon manages projects by headcount, not function, so when a project ends, they just RIF the team and leave them to the career site to try to find something before their last day. This is because the VPs hold the money, not the program offices. Charging time to your own VP is called overhead. SOOOOO... we're just all overhead at the whim of the execs.
Had to bump this up into a thread for hitting the nail on the head. Posted by @QRS47HJ-2mwn.