Go check it out. They are talking about us. And not in a bad way.

Still not seeing anything on here that can be confirmed in the org chart. Anything legit happen today? Or are we waiting for Monday.

I know I will be axed, low work volumes, manager who does not care and the unit is a cost center (not contributing to the bottom line). I have about $40K in 401K loans? What happens with that. I cannot repay.

I'll be brief, here are Qs that are on my mind: (A) Who delivers notices (B) Who is considered expendable (C) Which tiers of leadership are already being notified

The Streisand effect is when trying to hide information ends up drawing more attention to it. The name comes from Barbra Streisand's 2003 botched attempt to remove an aerial photo of her home... This only made the image far more popular.

So new board chair was on CNBC and spoke about the need to act and why. The story was factually incorrect though- why overly dramatize the doom and gloom? Yes, VZ has had a problematic trend and yes the company needs to alter strategy to address it... — read more 

Lots of Verizon branded swag will soon be donated to a Goodwill donation center near you. I wonder how many former employees will take the time to remove the Verizon brand as instructed?

15,000 jobs gone. A ‘streamlined’ future promised. Yet executive pay stays sky‑high and friends get hired into new divisions. If we truly want transformation, let’s stop cutting the backbone of the company and start listening to the people who... — read more 

Please. No trolls. I haven’t slept in over week just thinking about get laid off.

Go Vteamers , Be Bold !

Again and again, layoffs.com predicts exec moves. Someone is leaking stuff here. So much for 'rumors' and 'fear mongering'. Again, we had info shared here before anyone knew anything. And all lies the mgmt was telling us to stop with 'rumors'...

Our bud Hans, riffed and pushed into the background with TENS OF MILLIONS stuffing his pockets. It's good to be the King

I started working at Fleetmatics, and after the acquisition, I continued my employment under Verizon Connect through today. I’m trying to understand how severance eligibility is calculated. Does anyone know whether my years of service at Fleetmatics... — read more 

https://x.com/TheLayoff/status/1989427326732702194 topping all charts today. what a sad role to be in...

If I get RIF'ed, how long can I stay in the company (notice period) to find a role internally, maybe?

https://finance.yahoo.com/news/verizon-layoffs-add-to-mounting-toll-across-large-companies-165130821.html

Why cant the teams reorganize before cleanup. Let the low level hard worker atleast try to understand the org structures and the new skill needs before asking him to go. There are so many managers who are just going to take care of their favorites... — read more 

How is the taxes on the package calculated ? Wont all the money coming the package go into IRS ? Are there ways to protect the person in trouble ?

I hate to see anyone lose their job but it looks like Dan is doing exactly what most people wanted. He is letting go of the leaders that are responsible for the currwnt state of the company

Is this true? How confirmed is it? If true, this means VBG and VCG could be combined going back to 1.0

So serious question.As an associate I never understood the hate management had for especially union folks.When these huge layoffs continue to happen year after year wouldn’t some of the management employees understand why we need a voice.I mean... — read more 

Just in case there’s some inside information that I’ve missed… I want to know if there’s any way to tell if my location’s going to be affected, and what patterns to look for. I haven’t been with the company very long. Not familiar with layoffs in... — read more 

Calls are going out to leadership in certain teams today letting them go. These calls will continue all the way until next Friday as they sort through all the people affected. Be aware.

Merry RIF-mas 🎄, thanks for all the hard work and sacrifice. Thank you for putting your Dreams on hold and neglecting your family and health for the sake of making the shareholders and Execs an extra dollar in their Bonuses and Golden parachutes. ... — read more 

With stores closing it doesn’t look good for r2b. Will they move them out of stores or RIFd entirely?

Heard an email went out recently announcing communication freeze for Nov 17-23rd... Trying to hold back the bad press or leaks?

Verizon to cut 15,000 jobs as new CEO restructures company Verizonplans to convert 180 of its company-owned stores to franchises as part of its downsizing efforts. This move is included in a larger strategy that involves cutting approximately 15,000... — read more 

For the full year 2024, Verizon reported a consolidated net income of $17.5 billion, a 50.73% increase from 2023. Full-year 2024 earnings per share (EPS) were $4.14, compared to $2.75 for the full year 2023. We can't make money..... so we must cut... — read more 

At the rate we’re going, the entire C-Suite will be former PayPal executives. I use PayPal, can I be spared from the Riff?

Anyone else just wishing for all of this to be over? The anxiety of waiting is so detrimental to everyone's health. Office is quiet as a church mouse, I do not know if it was leaked from within or one of the disgruntled SVP's earlier this week who... — read more 

Hey Dan. Do us all a favor and shut it down here in the US and move the whole operation to the Philippines. Quit playing games, just get it done.

First off, I don’t have any inside information that every one is clamoring for. I do want to say that the number of layoffs(15k) being thrown around can be exaggerated. No one from VZ has come out and said how many people will be impacted; Reuters... — read more 

Lack of motivation: Peter states that there is no motivation to work harder because he "don't see another dime" if the company produces more units. Meaningless work: The film criticizes a workplace where employees are unfulfilled and their work... — read more 

Dan has yet added another prior colleague to the team, EVP Chief Transformation Officer...Be nice to folks so they can take you w/them wherever they go ;-)

Seriously? Hiring his friends, paying them a LOT of $$$$ while thousands will lose their jobs. “Transformation” = mass employee layoffs

Send mid year and end of year pdfs to your personal email. It’ll come in handy to update resume If you have any personal stuff on work laptop, remember to send it to your personal emails/laptops. Better to be safe Incase access gets restricted or... — read more 

This round is employees. Next round The Company is literally eliminating groups. Any business that's been struggling to make money is gone. They make no money in advertising because yahoo was a failure, they make no money in fleet, no money in video... — read more 

Told by my friend ( band 5) that no one is out of the woods, even if they survive this round next week. They are cutting 25% across all levels now, later teams will be merged, projects will be discontinued and leftovers will be discarded possibly in... — read more 

I am not sure how Verizon's employees will bounce back. I see many creating resumes and trying to find a job. Once the layoffs are done, the employees who were meant to be retained will also leave. I don't understand how the leadership doesn't... — read more