Vz earnings have been off more the past two quarters and leadership said the 4th quarter will also challenging. Reduction in headcount is the fastest way to offset the losses. I think wireline will see an impactful reduction to the 30,000... — read more 

Yep. I’ve been layoff due to realignment blah blah blah 24 yrs.

You know Verizon is not doing well (or not treating its employees well, at least) when a rumor of layoffs is no longer seen by most of us as something to fear but as an opportunity. Instead of fearing layoffs, so many of us are welcoming them. Tell... — read more 

Craig has been consistently selling 1558 shares since January. Hans actually picked up 90,000 over the summer. No way he paid $52. His strike price had to be lower. https://www.marketbeat.com/stocks/NYSE/VZ/insider-trades/

5% across the board. My ED and his reports had training from HR on the process today. All communication are to be done by noon on 11/27. That’s about 6000 people RIFed. total.

As a result of 10/27 RIF announcement

For all you hating on Valhalla just stop. You complain about not having pension, you complain about only having 2 weeks of vacation, you complain about new hires, you complain, complain, complain. Just stop. The culture club is putting together a... — read more 

Maybe its just me? It sure seems like Verizon is in freefall mode now. Hans is awol. There is no direction it's all helter skelter. Everyday it gets harder and harder to come into this dumpster fire. I don't really see anything on the horizon that... — read more 

Or on the smaller size like 2021?

Isn’t making the company any money and hasn’t integrated well into the portfolio. All roles that are not revenue generating positions are on the block, if you aren’t in a high level sales role prepare your resume ASAP.

Convinced a family member to leave AT&T a few years ago and come over to Vz since they complained about not having coverage. This person never shared with me the nightmare they went through with Vz. They took advantage of a buy one get one deal and... — read more 

https://www.lightreading.com/private-networks/boeing-dumps-verizon-for-t-mobile/d/d-id/781205

The clear incompetence on full display during the "earnings event" on Friday was and is embarrassing to say the least. The Swedish Chef's stock price open mic gaffe, the LOUSY "2.3" explanation, the bewilderment on "leadership's" faces on a clear... — read more 

Leave and find a place that respects its employees and treats them as assets. Those places exist. It's too late for me but I feel bad for all the new hires who seem so excited about joining. They have no idea they're about to enter a pit of lies... — read more 

Not sure about other groups, but we can't afford any more layoffs. We've been able to pick up after people who've been laid off so far or who have quit, but we are at our limit. If they remove any more people I feel like things could easily fall... — read more 

Anyone receive notice of title change with pay treatment? My role was recently retitled and I received an 11% increase as a result. Anyone else?

Anyone have any details on the layoffs this Thursday in terms of total or departments? Any detail is appreciated. I just know they are on Thursday.

Expect them Oct 24-28

Verizon sinks to a 12 year low on Q3 results as analysts note subscriber challenge. Verizon stock slips after beating earnings Estimates. It's not AT&T. Verizon’s Profit Falls 23% as Price Increases Slow Growth. Verizon targets cost reductions as... — read more 

And I quote: "The stock price is sh-t as they say"

Hans just confirmed the upcoming layoffs on Up To Speed and said they are working on it now. Oct 27 is one week away. Brace For Impact!

Get Woke, go broke written large in the results. The special sauce is spoiled and globalism gored Film at 11

The arrogance does not begin to end: The $100+ debt, and yes, we still have to pay the bill Raising prices on an elastic market The inability to execute 5G never materialized, and Real IoT is probably five years away; Norway is on... — read more 

The company says it plans a cost-savings program that will reduce annual expenses between $2 billion and $3 billion by 2025

People who are hoping for a major subscriber exodus to spite the company choose to ignore the fact that the ones who will end up paying for it are us. Nobody at the top will be fired or have their pay reduced or bonus removed if this happens but that... — read more 

We are proud to be here and appreciated by everyone at Verizon. We are really looking forward to the big union sponsored party and hope to have a large diverse crowd. I realize the admission fee is a little steep, however, I think it will be worth it... — read more 

I posted something yesterday that was 100% real, all IMO factual. Thelayoff site decided that it should be taken down. Maybe it was me mentioning the pronoun trainings or the CRT trainings. Perhaps the site moderator felt it cut too close to the... — read more 

Got some insider info, the reduction target is 15 percent

I’m a senior manager in network ops and am worried about getting laid off.

Honestly, taking into account how this company is managed, I am sometimes really surprised that the situation here is not even worse. I think I'm not the only one? There are still many talented employees here, we still haven't hit the rock bottom... — read more 

Hans Vestberg here. I apologize for destroying this company. But I am looking forward to that fat golden parachute paycheck that's waiting for me when we all get fired!

We are no longer the king of the castle, folks. It's almost time to put the lights out. It's been a good run.

This is starting to get scary. Stock price tanking, Hans looking forward to getting his golden parachute -- he doesn't care about the direction of the company I'm starting to lose my mind over this! We are ALL getting laid off!!!

While I wonder how far we are from cuts, my former colleague started working in a new company and has never been happier. Unfortunately, I didn't leave on time. Does anyone have any insights on how far we are from RIFs? Are the cuts around the... — read more 

Why Has Verizon's Stock Price Been Dropping? At the beginning of this article, I highlighted that VZ's stock price fell by -18.1% since I wrote my previous article for the company. In fact, Verizon's shares are down by an even more substantial... — read more 

The company's market worth decreased by US$16b over the past week after the stock price dropped 9.4%, although insiders were able to minimize their losses. Tamara Erwin, made the biggest insider sale in the last 12 months. That single transaction was... — read more 

“Real average hourly earnings decreased 3.0 percent, seasonally adjusted, from September 2021 to September 2022. The change in real average hourly earnings combined with a decrease of 0.9 percent in the average workweek resulted in a 3.8-percent... — read more 

Time has long past to put a winner in the driver seat. Put Ms Tacetta at the controls and watch morale improve as much as free cash flow. Do the share owners and employees a solid and promote her now because it is getting ugly.