Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Oh, No??

Could Hans' replacement have an unforeseen conflict / issue? Is this the end of Verizon? All eyes on you Hans.. let's hear it.

Seriously

Seriously if you haven't found a new job yet get out there and do it! No amount of money is worth the torture of Verizon. Your going to ruin your life if you stay.

Handwriting on the wall

Vz folks, hang onto your savings. Blue Jeans and managed services are the tip of a melting iceberg. The company is significantly over in opex and this is one early way to improve the financials. Next are RIFs in 3Q and 4Q.

DO NOT GO TO HCLTECH

You think Verizon picked a good company to force you to? Take a look at how Infosys treats the employees that went to them. They are a bunch of racist, misogynistic a-holes. HCLTech will be no better. Walk away if you can as you do not want to go... — read more 

Everyone is out for themselves:

Everyone is out for themselves - everyone is looking at each other with a feeling " It better be him/her than me". everyone is trying to hang on to their jobs at any cost. Most of them are not confident that they will be able to secure as good a job... — read more 

Everyone is generally grumpy

Lately I think it's noticeable more than usual - people here are generally very grumpy and toxic. It's understandable because we are all stressed out. Does Verizon not value employee happiness?

HCL acquiring Managed Services

Rumor has it that Managed services being sold to HCL. Employees named in sale will have no option to take a package. HCL will give 1yr job to employees forced to stay. No job transfers are allowed to VZ for those employees being sold. Very... — read more 

Verizon...

Where good ideas and good companies come to die. Blue Jeans is just the latest victim. Now, if we can just close down that Vestberg acquisition.

Will TV be the next to RIP

Seems like VZ is dumping anything they can’t seem to get going, hence the recent Blue Jeans announcement. TV is another loosing division. It costs the company tons of money to carry the content that the other players already own like ABC, NBC... — read more 

Blue jeans is done?

Hearing that all of BJ is impacted. Entire product is being retired and sunset. Even customers will be notified of sunset

Here’s the cautionary tale

Verizon is going to look to do more service that we Weill charge for in the store. And it will get harder and harder to achieve sales goals cause they’re not going to hire technicians. SUAG is step 1. Verizon taking out all the other brands off... — read more 

Verizon interviewing process:

Verizon interviewing process, is such a farce they play with the applicants/candidates. I could never understand when they ask all kinds of irrelevent questions which has nothing to do with the job requirement. Seems like this is a just a game they... — read more 

I thought Verizon valued culture?

If Verizon valued culture, they would outline specific steps for career progression and role changes. Not, "Hey, you want me to hire you? You gotta be like me first.." Amazon model, no interviews. You meet the steps and requirements you can move... — read more 

Congratulations, Sweden!

You just took down a great American team previously known for its hard work, quality, and focus on being the best. Oh, yeah, and then there's FIFA women's soccer.

Toxic work environment at Verizon:

The work environment and culture has become so toxic at Verizon. Sometime just one person will ruin an entire group and start to play nasty games and spread toxicity. The bad part is that they have their management's support. It drives you nuts and... — read more 

Class Action? Just saw this

https://www.prnewswire.com/news-releases/vz-lawsuit-alert-levi--korsinsky-notifies-verizon-communications-inc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-301893018.html

People change here

Starting with myself, enduring stress for a long time has made me a lot different from the way I was when I first came here. This place makes people bitter, even if they never were, and their mental health suffers here. I'm leaving soon because I... — read more 

Hans Please Stop Now!!!

I dunno what it is that you are and are not doing, but please take your hands off of the controls and stop doing it. You have become the shareowner terminator. Whatever it is that you were doing in the frozen tundra, please round up the family and... — read more 

Lead Cables

Clear facts stated around the ongoing analysis of lead sheath cables states that only a small portion of telecom infrastructure is lead sheath. However, this is still hundreds of thousands of miles of cable both underground, in waterways, and aerial... — read more 

Jim Cramer on 8/1

Jim tells us what we as employees already know... "The fact is is that we don't want to buy a stock just for its dividend, but if it's not growing. Verizon to me has lost its way, I don't think its management is very crisp anymore, and I don't care... — read more 

Sinking ship

One cause of the stock’s fall is a simple comparison between Verizon’s results and that of rivals. AT&T (T) is a company that many love to hate. Now consider that in 2022, AT&T added 2.9 million postpaid phone subscribers. Verizon? VZ added 201,000... — read more 

Office Days

Continue to read and hear about many companies/competitors moving to an office-first model. It’s been pretty quiet internally for awhile. Likely just a matter of time, but anyone hearing of upcoming changes to WorkForward?

NDA must be ironclad

All those people that signed a NDA are very tight lip about VZB. Usually someone talks, but not with this. Whatever is going on in Basking Ridge and the NDA they signed has put fear in them. Spill the Tea, throw us a bone.

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