Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Trifecta Gone...it's a New Day!!

With Lowell, Marni and John out...it's fresh winds with new ideas. Although in early 2000's they were great captains - these later years have been bad decisions, one storm after the next. The culture is decimated - Hans will need to rebuild it to... — read more 

Packages for September 2018

Any confirmation for offers For Representatives in NY!? I am hearing rumors of an offer but I want to know if anyone else has heard anything?

Latest on layoffs?

Outside of closing stores, has there been any news on more layoffs happening any time soon?

What's next?

Now that we have official confirmation that Go90 is shutting down (is there anybody who didn't see this coming a mile away?) what is the next domino that is going to fall? There have been so many bad moves and bad decisions lately that I'm certain... — read more 

Question on Med Insurance under COBRA

Question to anyone who had been laid-off and availed of COBRA Med insurance. Assuming you are married and no kids, how much does COBRA cost ? I did some calculations looking at the last W2 Box 12C code DD, it costs the company approx $12K for the... — read more 

Expect More Store Closures/Conversions in August

If your store is not producing 200+ new lines a month then there is a serious risk of it being transitioned to indirect. In Verizon's eyes if they can still get 100+ lines from a indirect location at 1/4 the price its a no brainer. I'm surprised more... — read more 

Lump Sum

I don’t really understand why, but my lump sum amount hardly changed, and, yes, that’s using the new rates. I ran the numbers for June, July and August. Some co-workers took much larger decreases, but they are younger, so that may make a difference?... — read more 

Commitments

Anyone know the status of the whole commitment based evaluation system? Seems very shady for one rep to potentially be terminated for not abiding by commitments that other reps never had to on the first place. Also seems easier for managers to... — read more 

New commission structure new goals less money

The goals this month are outrageous! 100 phones will get you a 1.0 then you gotta fill the bucket but don’t forget to try for a hum. Does anyone else’s store hold draw keys or make you consult with a manger before getting the customers phone? It’s... — read more 

$10 Billion Challenge

So, the axe continues to fall not only on middle mgt, but also the at very senior officer level in Badking Ridge - a few more have been tapped to leave the business. And, a complete outsider with no ties to anyone was brought in to the run the ship... — read more 

Retire or wait for EISP offer?

I was thinking of retiring this year, but most co-workers say wait for an EISP offer. I haven’t heard any rumors of any offers. I can go without one, but an offer would be sweet. The greed in me is making me hesitate. Any opinions?

Higher tax rate for vacation pay when laid off?

I just got a deposit into my account which I can only assume is my vacation that I was paid out on since details are not available yet on my banking app. When I checked last, I should have been paid out for 180 hours, however, doing the math it seems... — read more 

Good luck to those leaving next week

I want to say good luck to those RIF'd at the end of May. I know next Friday is your official last day but most of you will take off before that. Wishing you the best of luck for where ever your path takes you.

Verizon Sending Letters Dropping Channels?

Fios Customers are receiving notice of programming changes that drop "Premium" channels from their lineup ..But, there is no mention of price reduction! So they will be less for the same cost? These channels include big-time heavy hitters HBO and... — read more 

Changes

Stores will close. Districts realigned, and GMs overseeing two stores. Plans are in the works. Best bet is to see when your lease for your store is up. If it’s this year, prepare to be shut down. The next gen stores are safe, they cost less to... — read more 

Verizon should buy Viacom

Let Viacom buy CBS, then Verizon can come in and buy the combined entity. Then, let Hans RIF Les and Redstone.

Potomac Region Voluntary Layoffs

Verizon notified CWA of a volunteer surplus declaration in the Potomac Region. Verizon intends to offer an EISP. Volunteers will be accepted as necessary to meet business needs. The terms of this offer are similar to previous EISP offers. Employees... — read more 

SMB Uimited

How many reps (retail, r2b, b2b) sell these plans at less than 4 lines. System will allow it. I know a lot of people on both side. It’s a great opportunity to close sales.

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BOGO

How do you guys deal with customers who want to take advantage of BOGO promotions and dont mind cancelling old number? (False churn)

Big Media Play

Frankly, I am so glad we ended up buying Oath - look at this TW acquisition and all other media plays - sheeeeesh, at least we got Oath. Good strategic thinking, we should thank our executive talent and armies of MBAs for taking care of us and... — read more 

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