Thread regarding Verizon Communications Inc. layoffs

I don’t expect they’d bring back older workers.

I’d expect they did they will just outsource the basics. Yeah I hear people all the time about how it is too complicated it would be impossible. Well Verizon was doing it before and now a lot of it is handled possibly poorly by newbies with likely great documentation.

Documentation to just hand over to another group.

My leadership wants everything don’t in system with no changes or alternatives even if that means it takes ten times as long. They don’t want to depend on anyone’s knowledge or skills which aren’t immediately replaceable.

Totally expected.

Especially since the Florida Coe replaced the original fp&a employees on average 2-3 to 1.

We all thought too many were hired.

2-3 new replaced 1 hard working experienced knowledge mature employee.

And still the operations not getting the right finance support.

Fl Coe over populated Not enough work for all.

Good luck.

I have personally trained the millennial replacements for our older workers during the Finance "Transformation" effort. These are the slackers that work in the CoE in FL. I've never seen such a bunch of non-motivated, whats-in-it-for-me, non-qualified slackers ever. I predicted that these losers would not last long in a company that demands accountability to their clients. The CoE will experience a high level of turnover and RIFs to get rid of these air-heads, and bring back the experienced workers thru contracts. Mark my words.....

@ 1ycz. Totally wrong. Lots of hard working people have been laid off. Wait until it happens to you.

I have personally seen workers that were "leading" let go and laid off and I have personally let them go. I would caution you not to be so arrogant to think that this layoff is not going to happen or that if you work hard you won't get let go, where have you been? Wake up

Have you not gone through the Robotics and Automation training? A system can create your reports and spit out numbers, get updated on projects, and allow the big kids to use that information to make actionable decisions.

I have to add to that. Myself and the people on my team never see eye to eye, oftentimes they even exclude me from communications. They are millennials who don't see the world for what it is. Complaining about layoffs, yet not working to secure their jobs.

Taking lunch breaks and constant breaks throughout the day. If this gets to management, monitor your workers, they are constantly taking breaks and relaxing while others work hard, I know because I see them doing it. I can't imagine how much time is wasted per day, how much company money that could have been used to prevent additional layoffs to reach our leaderships' savings goals. It is a pervasive problem, and perhaps the layoffs will trim off that kind of outlandish behavior. The most annoying thing is seeing people being paid to go on their phones and not replying to emails, not showing respect to their leadership. Despite you not agreeing with their views sometimes, thats the game and you have to play it, you numbskulls. It's not okay to dress casual like you are going to the club at work. I've even started seeing earrings and non-wedding ring jewelry on men, people wearing jeans/t-shirt on Monday, having birthday parties on their teams that last 3 hours (openly as well, it seems to be accepted!), having the nerve to do phone interviews while on the clock, ive seen just about all I can stomach with this new generation/cultural shift. I'm just angry even reading this board with everyone wanting rights but sometimes you gotta put in work at work instead of just complaining on messenger to each other for 8 hours a day...

the worse than you can do in corporate America is to think that you can outwork the planned lay offs. Hard work will only delay all of our demise. It’s going to happen eventually, question is when.

In a perfect world only those who need to be rif are. I’m in a leadership title and have been made to rif people with strong work ethic and scorecards. Ofcourse I wasn’t told the real reason for having to rif these people or I would have gone to HR. This company is operating under the “that’s my person, save them” mentality. For these reasons I am taking the vsp. I work in another line of business but I’m sure there are similarities across the board you just wouldn’t know if you have never had to rif someone. Good luck to all

1ycz is right! No-one who worked hard has ever been RIFd from Verizon, because the people making the decisions always accurately only RIF those who should be RIFd. Trust in the leadership! Even when leaders are themselves forced out!

Teams have been told that this layoff is nothing to worry about. Unofficially, but still, if you don't trust your management and want to have conspiracy theories, go ahead. I'm going to give management the benefit of the doubt, why would my manager lie to me? The rest of us will be there to replace your role and do your work 10x as efficiently and get the recognition and $$$ for it.

Why would they lay off people that they just hired? Some people provide great value and work hard everyday, I personally can't see this affecting any of the true finance function. If you come in to just collect a check, good riddance.

The layoffs are a good thing, it purges out people who don't want to be here. Take the package if you aren't happy to have the opportunity so the rest of us can take your higher up position. I'm so tired of hearing people complaining throughout the company. Workers rights, blah blah blah. If you have time to complain, you have time to work. You know, the thing that people pay you for. This millennial group is the most whiny ever. Stop asking for things and work harder. Constantly asking for perks, etc. Work like the company is paying you to do.

They won't lay you off if you're a hard worker, so work hard, and if you have doubts? Ask for more projects, work even harder, and the company will recognize that. Stop gossiping and worrying about layoffs, it won't do you any good when it comes to selecting who stays and goes. Dress well, ask for more and more work, and keep your head down. Stop chatting with one another about management, they are all trying to help us, they don't want layoffs! But sometimes the needs of the few need to be sacrificed for the needs of the business. Do you want T-Mobile or ATT to take over the current position that VZ has? Then deal with and trust in your leadership.

Great point VJIA.... National Retail is next.

@guw, never bank on your value to an enterprise being guaranteed by some guardian angel superior. That’s just s----up stupidity Smithers.

Make yourself valuable rather than hiding in the coattails of others as a means of survival.

Move out of Mom and Dad’s house, in a manner of speaking. Time to put on your bog boy pants, man a pair, leave the nest, and prove your own self worth sans benevolent benefactor cover.

You may also start thinking about additional education in coding, tableau and digital finance. Automation is the word of the day. Learn about ‘bots or you will be replaced by one.

Anything is possible. I would be careful if you are in a department that has weak VP or director representation. A non-respected VP or director will have their people cut first due to lack of influence.

Make efforts to transfer or get promoted to a valued/visible team with respected leadership despite if there is more workload/pressure. It will protect your job in the long run. If you ask around or even just observe your surroundings, its easy to see which VPs/directors are weak and which ones are power players.