Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Change is coming

Bad Q1 results, Hans is noticeably absent, poor stock performance, job openings aren’t being filled. The Board of Directors have had enough. We’ll have a new CEO in less than 3 months.

Lump sums down

Rates are up, lump sums are down. Feds expected to raise rates thru 2023. Are you staying or going?

Diversity SVP necessary?

Do you think we really needed to hire an SVP level diversity executive? I feel like there has already been a lot of attention and effort placed in this area. Felt like we had moved the needle based on all of the continued we're a top employer for... — read more 

Hans you are the captain of a sinking ship

Save all the passengers before we go down with your ship and you take the golden parachute. Turn things around by having another VSP package and reduce the huge debt Verizon has. It is the only and fastest way to change the stock price trend now!! — read more 

I don't want to work extra hours anymore

I have been working extra hours for free for a long time because I can't find another job that will pay my bills. On the other hand, I can no longer work extra hours because I am exhausted. How did you refuse to work all those extra hours without... — read more 

2023 talks

Union and Verizon are already talking extensions. This would be great as it gives the market time to bounce. Leaving right now is too expensive, look at the beating 401k and pension are taking… many who paused last offer are having regrets, and... — read more 

The BOD Was Woke Long Ago

The Board of de generate s has been a political correct woke sinecure for the connected in crowd for more than a decade. Until this board is bounced, which will never happen because of Blackrock, the company will be stuck in the muck. The SEC needs... — read more 

Who should succeed Hans?

Who should succeed Hans? Manon Brouillette Ronan Dunne Matthew Ellis Tami Erwin Samantha Hammock James Gerace Rose Kirk Kyle Malady Rima Qureshi Diego Scotti Craig Stillman Other

The exodus continues

I'm not sure where all the people who're quitting are going, but I wish them all the best. I just wish Verizon would work harder to backfill at least some of the positions, since we're breaking our backs over here to get everything done. The upside... — read more 

The Company's Core Competency Is Now Losing

As hard as it may be to imagine given the S&P 500 returns of the last four years, but the stock is lower today than when the Swedish chef took over in August 2018. None of his leadership, selling, marketing, engineering, strategy or deal making has... — read more 

Christina Schelling SVP of Talent and Diversity

Schelling will lead Verizon’s DE&I, talent acquisition, learning and development, career planning and leadership programs. When she joins the company on May 2, she will drive DE&I efforts to develop a more unified approach within Verizon’s talent... — read more 

Going down!

A price drop of more than 5% is considered a crash. When there is a crash because there are no new customers then there will be more layoffs, less customers, less sales, and even more layoffs. Stratton is snickering somewhere!

$20/hr increase has me worried...

I seem to feel a pattern happening. When something too good to be true comes around the corner with Verizon than not to much further down the road people start losing their jobs. I am really hoping that the company is true about doing this for... — read more 

Casa Systems stock jumps as Verizon buys 9.9% stake

Casa Systems (NASDAQ:CASA) shares jumped more than 40% premarket after announcing that Verizon (NYSE:VZ) will invest approximately $40M in the company's common stock, resulting in a 9.9% ownership stake. The company also won a multi-year purchase... — read more 

FCC order 19-72A1

The Sunset of Copper POTS (“Plain Old Telephone Service”) Lines FCC order 19-72A1 (issued August 2, 2019) has officially granted telecommunications carriers permission to abandon outdated, degrading copper POTs lines. Per the order, carriers are not... — read more 

PBGC rate increases

PBGC rate increased to .5%. Time to check your lump sum pension. Anybody think Verizon will make a change in the pension calculation to avoid an exodus?

Verizon 3.0 in the works

Congratulations another transformation is amongst us. With the union strike around the corner Hans has decided to also roll out VZ 3.0 along with another VSP. As an HR leader I’m appalled and disappointed. Will happen in early 2023.

So many hateful people

I'm not sure if hateful people find Verizon to be a great employer so they aim to get a job here or if normal people join Verizon and then the company and its toxic atmosphere turn them into hateful caricatures of themselves, but either way, this... — read more 

Stockholm syndrome

I don’t get the point of all these comments about how much better it is in other companies and how awful it is here, which come from people who are still here. What's the problem? Why would anyone be here if it is so drastically better in other... — read more 

If the layoffs happen because of cost cutting……

Then isn’t it more logical that all levels of employees should be affected easily. Or maybe the management should be affected even more because they earn more. What I see whenever layoffs come is that regular employees only get affected. They throw... — read more 

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