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Crystal Ball and SOLV layoffs

The reality of SOLV financials is gruesome. Revenue just north of 8 billion. Debt north of 5 billion. Bryan is a grossly incompetent and overpaid clown but he was dealt a bad hand thanks to Mike Roman. How 3M saddled a HC spin less than 25 percent of the original company was a master play in financial engineering.

Even after the only smart move Hanson could do in spinning off Filtration, his card deck is full of low cards. No aces of trump left. He's being pressured by a rich guy who may not live out the next four years of the "Solventum Way" given he's already 83.

The poster who wished SOLV had never been spun off is right. As bad as 3M is being run, at least the stock price has doubled under Bill Brown.

If you are still working at SOLV and see things differently, please pass the gummies. The layoffs will accelerate and not just be a Frank Shirley Christmas bonus special. No way can Bryan grow the top line when he's obsessed with cutting costs. The one good chance HCBG ever had of being special died when Bryan listened to the guy on the yacht instead of going all in for growth.

Meanwhile, cousin Eddie is getting the long desired management position he's always wanted, reporting directly to Heather. The two would make a great tag team in the WWF of overpaid and overweight execs.


Q used be be better than this

Q used be be better than this.

i really mean it. Unfortunately no one is going to try to fix. some says 'leave company'. but those are just less than 5 or 10 yrs. and yes CA really need to do something about middle managers than asking all these useless feedback thing.

i see a lot of ppls to have zero loyal to this company but money.


PSA: get your personal finances in order

What’s happening right now is despicable. It’s also a rude wake up call … no company is safe. This whole “we care about you, V Teamer” is bullsh-t. Verizon doesn’t care about you. Perhaps you’ve given the company your blood sweat and tears for the past 15 years … guess what? You’re about to get booted out. Say adios to your steady paycheck!

YOU have to protect yourself. When you have trouble paying your rent in the coming months, do you think Dan the Hatchet Man will loan you even $.50? NO!!! he’s too busy counting his millions and laughing all the way to the bank .

In a situation like the one we’re in right now, you’ll feel a LOT better knowing that your personal finances are in order.

  1. VERY IMPORTANT — establish an emergency fund to cover at least six months of your living expenses. One year would be even better. That’s how long it may take you to find a new job in this horrendous market.

  2. Pay off your high interest credit cards. Credit card debt is evil.

  3. Save for retirement. Contribute to your 401(k) and get the company match (at Verizon if you survive this RIF or at your future employer). I also love me a good Roth IRA! Tax free earnings, baby!

I’m going to stop there because I’m not a financial advisor. But you get the picture. There’s lots of good free information out there.

As for me personally, I am 99% sure that I’m on the chopping block. :( BUT I have a healthy emergency fund that will tide me over for a year, and that brings me comfort.

The ULTIMATE GOAL is financial independence (enough saved so that I could actually retire if I wanted to) … that way, I don’t ever have to be scared about losing my job EVER AGAIN.


Already found another job...

I have been telling every customer that walks in and quietly told them that they are being misled, ripped off, and taken advantage of and told them to go to another carrier and provided them their acct and xfer pin #s

Verizon must fall. I played my part and everyone on the chopping block shall do what I do.

They should bleed out and lose millions of customers for treating us like dogs


3 reasons

Here are the 3 reasons why Verizon will
never live up to its rivals or its own best years from the past.

  1. Outsourcing CS, IT and other depts
  2. Everyone wants to be a manager, attend meaningless meetings to say the right things, pointing out all the wrong things that need fixing BUT NOBODY WANTS TO DO THE WORK!! Managers aren’t doing any actual work.
  3. Nasty debt problem. Execs and board put us in a position impossible to get out of

All hands call mentioned layoffs

At first they mentioned how we outperformed booking revenue and we hit all these expectations and more. Then they briefly mentioned layoffs and the just said they can’t say anything about it and just to put your head down and wait for the storm to end. Looks like it’s happening even when we are over performing in some segments.


AI sharing

Does the constant begging for AI ideas, use cases, prompts, and more drove anyone else crazy?

As someone who is very proficient with AI, (through taking classes, learning it, using it, etc,) I’m not sharing my knowledge/competence/learnings with the company at large outside what is required by my position. Why should they benefit from a knowledge base I built on my own time?


Shocked?

French raids carried out in Altice linked ‘corruption’ probe
By Martin Coyle
November 18, 2025, 2:45 PM GMT

European telecom giant Altice on Tuesday saw French prosecutors target 15 homes and 14 companies as part of an investigation into a “vast corruption scheme” connected to the company. French prosecutors...


Fed Rates cuts will (not) matter. They will (not) save the job market, in this (current) U.S. economy. VZ layoff next week,15,000 employees.

Fed Rate cuts have (Never) -

Mattered.

For the stock market either, reference the 2008 Great Financial Crisis; for example.

In a deep recession, or (Worse) scenario.

This is where Treasury (Bessent) and the Fed are (Totally Wrong).

Verizon layoff next week - 15,000 employees (their Largest ever).


For those who think H1b is the problem...

As a H1b employee I constantly see some posts blaming H1b as cheap labour to replace US work force, I would say it is totally wrong.

  1. TI almost exclusively hire non US ncg only if the personnel has a PhD degree recent years. For someone who is not familiar with the H1b process, it is a lottery which has a winning rate of less than 40% and any ncg who does not win H1b in 3 years have to leave USA unless they can proof that they have extraordinary ability to be qualified for O1 visa. A NCG with masters degree but no publications will definitely not be qualified for O1 if they are not lucky enough to be selected in H1b lottery (and PhD is likely to qualify), which make it risky.
  2. Everyone who has searched internal openings on myhrtools would notice that every posting is showing immigration eligibility. Only job postings at Kilby/ATD/Some BU are eligible for immigration. There would be NO H1b in fab technicians, and only very limited H1b in fab engineers (as far as I know only PIs, not even for PEs). Mass layoffs in fab environment is nothing to do with H1b since none of the jobs there are "replaced" by H1b. BU H1bs got hit hard in September, suggesting layoff is there no matter whether you are a US personnel.
  3. It is MUCH MORE DIFFICULT for a non US ncg to get a job compared to US personnels. Considering current political situations, no employers want to hire someone who costs more to maintain immigration status and are risky to be influenced by immigration policies. If the candidates are equally qualified, 95% the hire will be the US personnel. As said before, openings that are eligible for immigration are all high level positions from Kilby/ATD/Some Bu, etc. The qualification standard is high and most likely it is for MS/PhD only. There is only one reason that TI still hire opt students which will eventually change to H1b, that is international PhD graduates are usually more qualified for the jobs that are eligible for immigration.
  4. US has 700 to 800k H1bs in total, which is ways smaller than the tech industry employee count. They are making up only a small portion, and every major company hiring H1b will have a much higher standard on them. They are subject to political environment change and job market change as numerous companies including Walmart stop hiring H1b starting this year. In TI, new H1bs are even not eligible for a fab engineer job. They have a much smaller job pool compared to US personnels and they are much vulnerable towards layoffs.

So stop blaming H1b in the company. Tariff and economy, development of AI, the upper management... There are far more to do with the layoff.