I think our leadership figured out that laying of in only a certain part of the company makes those layoffs, more or less stealth on the level of the whole company, given the company size and the fact that it operates at various locations. Think they will continue that practice, so in that light I ask what part of Vz could get hit first and hit the most by layoffs?
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RIP Basking Ridge.
I partly agree with the “union” post. Some wireless groups are union and wireless is going nowhere. Wireline is all union and wireline is the profit drain on the company. I Now wireless is getting commercial equipment and taking on more infrastructure tasks. Wireline should be worried. A union can pick and prod and file lawsuits all they want but if a layoff can be justified in a court of law then there is nothing the union can do. Just ask a former GM, AT&T, or Kroger employee. They’ll tell you they wish they could get back all the union dues they paid out over the years because that money ended up being useless in the long run.
The union part of Verizon. The union part of Verizon doesn’t make any profit and loses money every quarter. It’ll be like lancing off a nasty wart off of Verizon’s face.
The 2.0 part.
I would say that Basking Ridge has the greatest potential for layoffs.
My father in law was a linesman for AT&T, then the various Bell companies then Verizon for 30 years. He started when he was 21 and retired when he was 51 about 15 years ago.
He regularly brags how the union would set hour allotments for each job and how he could complete work in 30 minutes that the union required scheduling for 5 hours. Most of the time he spent on the clock involved him hiding his work truck in the woods behind his house and sneaking into his house to work on home improvements while he was being paid.
Every once in a while he would get caught doing something wrong and would be suspended. The union would then represent him and provide him groceries and other items during the suspension. Eventually Verizon paid him a lump sum of a quarter million dollars to go away which along with saving money from decades of generous overtime rules including double time and a half on holidays let him retire at the age of 51.
Network Assurance
Verizon Connect division is getting ready to layoff about 20%. Mostly in customer service and Marketing
The non-union part