I'm really interested in how the team will function after everyone's workload has been drastically increased. That is, I'm wondering who will be the first to leave. Do they really think that placing such a burden on the remaining employees is a... —  read more 

Verizon Communications is not owned by hedge funds. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 8.3% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 7.9% of common stock, and State... —  read more 

Expect announcements this month of major network team shakeup and reorg. Given potential revenue jolts from consumer side, network will see more rifs and director retirements. Russo already announce the first set last Friday.

I am proud to be a valued member of my company's team...WOW, I said that without laughing. I think the medication is working, now off to work.

Summer has come and passed The Domestic workers can never last Wake me up when September ends Like my past co-workers come to pass Seven years has gone so fast Wake me up when September ends Here comes the Rif's again Falling from the Rumor... —  read more 

Verizon: Black Swan Risk Jun. 04, 2023 8:00 AM Summary Verizon continues to face the threat of a tech giant entering the domestic wireless space. The wireless giant has seen their net debt level swell to over $150 billion just as another... —  read more 

https://www.xda-developers.com/amazon-prime-free-cellular-service/

We know Hans leadership strategy is lay off people to make the look better. Now, I have a lot of people on our VZW network saying pages are incredibly slow or won’t load 75% of the time on newer iPhones. Wasn’t an issue previously , it was blazing... —  read more 

https://www.fool.com/investing/2023/05/31/if-you-invested-1000-in-verizon-in-2014-this-is-ho/

Unions: Other mega-corporations staving (to disallow, to prevent something bad from impacting for a period of time, to delay something indefinitely) unions include: Amazon Apple Tesla Starbucks T-Mobile

does anyone have any reall insight on this.

Triple the amount of work-check, Cut staffing-check, Set unrealistic goals-check, Show favoritism-check, Use the word "Teamwork" in every sentence-Priceless!

Verizon used to try to cut its way to profit when I was there six years ago and from what I'm seeing and reading here, the same thing is happening now. I guess nobody in leadership has learned from the past. It didn't work then, and something tells... —  read more 

Layoffs, Let go, folks go broke. Jobs heartlessly shipped overseas, Hans gets rich and goes woke.

Some people find it hard to leave because they still think this is the old Verizon they started working at a long time ago. But what does this company have in common with that old Verizon nowadays? Almost nothing.

Does the VZ CEO [dual role as Chairman of the Board of Directors] have the wherewithal or the conviction, to make an appearance? Make an appearance!!! Yesterday's show [CNBC Mad Money, nightly, 6 PM/ET] where the host stated that VZ, generalizing... —  read more 

So been hearing lots of rumors anyone think they may offer the wireline outside forces a package to leave .Kinda makes sense they want people off the payroll & are riffing management .I also hear they may hire some new outside guys at the lower... —  read more 

Even after more than two decades and taking the VSP (Voluntary Separation Program), I still find myself visiting this site every month. I remember the initial few months after accepting the VSP, when I faced a pay cut and heard all the news about how... —  read more 

Verizon is an Old Farrrt good ol boy network culture!//w/ top heavy management and needs to bleed the top management

Ever since I realized that RIFs mostly have nothing to do with performance, I don't put in nearly as much effort as I used to. I used to be very dedicated and tried to have the best possible performance, but what does that bring to the employee... —  read more 

https://www.fool.com/investing/2023/05/31/if-you-invested-1000-in-verizon-in-2014-this-is-ho/ If you had invested $1,000 in Verizon on Feb. 21, 2014 -- the fateful day it took full control of Verizon Wireless by buying out Vodafone's (NASDAQ: VOD)... —  read more 

Verizon is being run like by a freshman’s malfunctioning AI project. Thanks Hans and Craig! https://www.phonearena.com/news/verizon-layoffs-overseas-customer-service_id147700 https://www.reddit.com/r/verizon/comments/13qsipl/what_did_i_just_hear/ —  read more 

This division is doing so well. Tracfone has managed to lose so many customers while visible can't complete number ports and loses numbers . The person running it is very pretty.

When Hans went to the World Economic Forum last January in Davos , Switzerland he met with 2 separate outsourcing companies (one from India and I think Accenture or First Source). Hans getting them ready for more business with this latest round of US... —  read more 

As a thank you for all of our hard work, we were called superheroes and given cake.... I love Verizon! Nothing shows appreciation more than cake.... (Sarcasm if you hadn't caught on) Maybe Jane C and her crony Matt J should be RIF'd. Nothing but a... —  read more 

I feel for the impacted workers in customer service, but let's just be honest, no one was raving about Verizon's customer service. ever... As sales, calling customer service is the bane of my existence. I'd call on behalf of large clients so they... —  read more 

It was explained today if for CS, if too many reps choose severance pay that it wouldn’t be the option chosen and reps will then, have to stay despite choosing severance as our first option. This is explained during the Lunch and Learn. How insane is... —  read more 

If you don't value your employees, if you don't appreciate the work we do, then you're not going to get very far. And the latest round of layoffs showed just that. You don't care if we lose knowledge, expertise, and know-how. All you care about are... —  read more 

No, this is not a fear mongering post. This is a real post. I have seen the sheets and there are so many planned outsourcing and offshoring initiatives over the next year and a half it is ridiculous. GNT and Finance are being sliced up on so many... —  read more 

I was on a performance plan and notified of the layoffs and that I wouldn’t be able to reapply for the 3 new positions. Confused as to why I haven’t been given an end date yet.. just business as usual

Higher ups talking about of dividend cut coming. I wonder how this would affect our stock together or 401k

Thanks for the summer off, especially being let go in NJ. 90 notice, takes me to the end of August, plus my 4 weeks of unused vacation time, prorated bonus and of course the severance. Already lined up my next job, and most were right on this... —  read more 

I hear from some colleagues that they have almost nothing to do. That's not a good sign. Does it mean that they will be cut soon or not necessarily?

It is shameful that this “leadership” team is able to cut 10s of thousands of employees due to their poor business decisions and misunderstanding of Verizons value to the consumer and still able to collect their pay and stock incentives. Inside the... —  read more