Verizon should Layoff All Foreign Workers. They are incompetent and make too many mistakes as they don’t live in the same area where Verizon Services are. I ordered a new FiOS One TV Package and instead of sending me new TV boxes, they sent me a... — read more
Feb 16 has high chance of being the day
It aligns well with the schedule and required notice before end of Q1. It allows for comms on 2022 to be completed for all impacted parties. Org announcements delayed until after that date apparently furthering strengthening that day as the day. I... — read more
If STI numbers come out on the 13th
Why do we have to wait the 23rd to hear anything? They even suppress the paycheck notification. What happened to the business unit results?
BPI/STI
Did you get your notice? How much $$$ did you get?
Does Verizon have a policy on hiring their own retires? I was wondering if I could go back for a few years.
I see my old job posted and thinking I might like to apply. I retired last year. Thanks
Any updates on STI payouts and BPI
Have there been any updates on sti payouts I’ve seen 75-85% reported but haven’t heard anything else also assuming BPI will be in the 2-3% range not enough to cover inflation.
I'd rather stay
Verizon has many issues, but I believe that most employees would rather leave voluntarily when they find a better opportunity than be laid off. Just my guess. However, is there any way to reduce the likelihood of being placed on the layoff list? Does... — read more
It's embarrassing to work here.
I once told an acquaintance where I worked and I could swear that he forced himself not to smile, like he was about to laugh in my face. What am I, a court jester? How did we become such a laughing stock? What a mess this company is.
VSP rumors???
Rumor mill is stating employees in some departments that had 15 years or more were pulled in and offered VSP??? Are these rumors or truth?
Do you guys also get anxiety from worrying about if you are going to get fired or not?
I've been getting it really bad lately. I see some people laughing and saying they hope it's them. But not me. I have a family. I don't want to lose my job.
Layoffs Did Happen
Layoffs did happen. Don't know the scope but we lost a few people on our team in the US on the wireline Net Ops side.
Get used to it or leave
Someone asked an excellent question - is it really that important which day the layoffs will happen? Even if I am not impacted soon, I am well aware that this does not mean that I can breathe easily because layoffs are a constant threat here and you... — read more
Guess Impacts 2/16🤷♂️
Pretty quiet on here today. If layoffs were happening the board would have been blowing up around 8am EST but I’m not seeing anything. Still feel like something has to be coming. Maybe 2/16?
100% confirmed
No RIF on 2/2.
Dead weight!
As the workforce has shrunk, it's become apparent the dead weight. Much of this weight is easy to spot with countless & pointless calls throughout the day. Are you deadweight?
Next RIF
02/02 or 02/16?
Get on the RIF List Now!
Simply mark 1 for questions 1,2,3 in the pulse survey
Verizon admits to miscalculations on 5G, edge computing and private networks
Miscalculations are very costly to everyone but the executive leadership. They are paid a lot of money to get this right. https://www.lightreading.com/the-edge/verizon-admits-to-miscalculations-on-5g-edge-computing-and-private-networks/d/d-id/782850 — read more
To This Day I Still Laugh At This
😂🤣😄😆😅🤡🤡🤡 https://www.fiercewireless.com/special-report/inside-creation-verizon-s-go90 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... — read more
Possible Thursday Layoffs
It is becoming more and more expected that Thursday Feb 2nd will be a notable layoff day for VCG. If so, they are doing a good job of keeping it quiet due to the lack of leaks and posting on this board. Please post any news, Knowledge, or updates... — read more
artificial intelligence will eliminate white collar jobs
prepare now, as verizon will embrace the technology in order to eliminate jobs.
“ Verizon Business Segment Carried Wireless Business in 2022” - but wireless is the future, right???
Yeah RIGHT! https://www.crn.com/news/networking/verizon-business-segment-carried-wireless-business-in-2022
stop the bootlicking and finger crossing and start working on your resume
Its crazy to hear some of my old coworkers are delusional as he-l thinking they are safe since they didn't get cut in the last layoffs. Some of them are even working for free after their shifts to clean up the cr-p they didn't get to during their... — read more
2,500 job cuts coming
Confirmed from a reliable source. Approximately 2,500 job cuts coming by end of Q1.
STI/Raise predictions?
I say 100% STI and a 6% raise. Verizon knows their employees aren’t stupid. 100% pay 100% work. 6% to keep up with inflation.
Vz has begun blatantly lying to its employees about results
Vz intranet article said Q4 was 'great'. A quick google search says Q4 was bad. I see lots of shady, unethical decisions coming in 2023.
I said this before and I'll say it again
All stores should be closed. There is no point to them. It will save money and cause no major loss in income since barely anybody still buys anything there. What's the point in keeping them open? Please, do let me know what is their use in this day... — read more
Verizon owes you nothing
If you get laid off, be happy and thankful for the time you spent here. This is a business. If you want control over your life, start your own company. Don’t depend on corporate America to give you a handout.
Great article here from INC in 2018
It's the most spot-on prediction I've seen that summarizes the direction of our company. I stole this from a reply on a previous thread by the way (just want to make sure people have a chance to see this who may have missed the... — read more
Layoffs loom as Verizon predicts weak future forecasts
Q4 results underwhelming and future predictions light. Are layoffs coming?
Verizon Adds Subscribers. Disappointing Outlook Drags It Down.
Verizon Communications VZ –0.93% unveiled fourth-quarter results Tuesday that showed subscriber additions after losses in the prior quarters, signaling higher adoption of its plans... — read more
Vz Q4 earnings-Hans on cnbc
Hans was just on CNBC this morning talking about what a good Q4 vz had. He talks in circles a lot. He also mentioned cap ex going down 25% this year.
Consequences of layoffs and brain drain
For years, Verizon has been cutting jobs and losing talent. We lost great people who made a difference every single day. As a result, the management team is now filled with people who have no idea what they're doing. Everything that's wrong with the... — read more
This will be the largest middle management purge you have ever seen
Middle management is being targeted heavily in this next layoff. I can say that with full confidence.
Impact of Hans in the crosshairs
Anyone else notice that ever since Hans became directly responsible for VEG results Ebitda/margin are now not as important; it's now okay to chase subscriber growth more aggressively?
TMO data breach impact?
TMO just announced that 37 million customers were impacted by a data breach. This is the second major breach in less than two years. Yet there has been no impact on their stock price. What gives? How does Teflon TMO keep getting away with this... — read more
Verizon needs layoffs
We have so many unnecessary management layers that need to be removed. It would save money while no productivity would be lost. How many managers there are with just a few direct reports who do nothing but go from one useless meeting to another to... — read more
How does this impact social change? VZ Taps Eli Manning to QB Social Campaign Backing ‘Welcome Unlimited’ Plan
Do RIFs impact social change? https://www.adweek.com/social-marketing/verizon-taps-eli-manning-to-quarterback-social-campaign-backing-welcome-unlimited-plan/ The wireless carrier is giving away 20 pairs of tickets to the next three Super... — read more
Next layoff will effect “upper ranks”
about freaking time. high ar-e salary for poor awful leadership.
STI
Hearing 75% low end. 2023 wont be better either. What is everyone else hearing?