#company

Are you ready to move to your beautiful office at the Pioneer building?

Is it just me or was the last company meeting different? It wasn’t the usual energetic fluff that we’re used to. There was no formal run down of the numbers by the CFO. Then SM and SR bring in another one of their friends to run security. What’s unusual about this friend is she’s close to retirement age which means she isn’t joining for a lengthy career. It says a buyout is near without saying a buyout is near.

https://www.ft.com/content/f3ec8172-96da-4ebf-8fe6-80e1c5893286

I’d heard he left. Looks like he got a job with a wallet - maybe he will give Elliot a run for their money and just buy us.

https://www.linkedin.com/pulse/strip-dxc-parts-why-insurance-unit-worth-more-than-whole-phil-fersht-8yime

Sitting here remembering when each holiday season, BOAs could choose a turkey or ham to take home. I was so proud to provide that for my family. That "founder of the feast" feeling.

When that program was axed a year after PP got here, I thought it was really sad b/c each year I counted on that "bonus."

Guess it was a sign of things to come....the beginning of the dismembering of Edward Jones.

I couldn't agree more with this vlog https://www.youtube.com/watch?v=4Dd33C4k-Zs

My location will transition to Your Wireless Indirects, has anyone heard of them, and what the commission/company is like?

Been a loyal NTAP employee for over a decade. I was told to burn my PTO in exchange for all the time off that i wanted. Then you lay me off and keep the $20k that I would have had coming to me if you had not told me to use it ASAP. So glad to not be working for this company anymore, how awful you are to the people that once made you great. What a terrible leadership team that is now in charge of a once great company. Keep sc--wing your employees and see how that works out for you in the very near future........

From my understanding, the following clinics have been affected:

• Euclid,
• Stanton,
• Cypress,
• Cerritos,
• Seal Beach,
• Tustin,
• Foothill Ranch,
• Laguna Hills - Moulton
• San Juan Capistrano.

Seeing all the LinkedIn updates from everyone impacted is breaking my heart. I hope Vz leaders who made all this possible are also seeing these. And why right before Thanksgiving? Truely sickening. Lost faith in this company and the people up top.

I survived… but not sure how Vz can ever feel like “family” after so many face so much uncertainty right before the holidays.

Unfortunately, we will meet again layoff.com, when the next round comes.

This site had many trolls but it also provided more information that leadership cared to share with us.

I'm considering working at Humana but the 6-week paid maternity leave seems really short compared to their competitors.

It makes me wonder about what they actually value as a company. Has anyone worked there and can tell me what they're really like?"Retry

Anybody on here ever work for this indirect company called BeMobile? They are turning some into this indirect in my area and I never heard of them. What do yall think about them? Good or bad? Same as corporate verizon?

the centralization bias is real

Up 10% you doom gloomers

... Will be the punchline for this fuggin' bubble.

LMAO!!!

Does anyone know what is going to happen to the new grads that are supposed to start next Spring?

Get ready. I was told by a VP level Sales executive that HPE will be doing a WFR again in January..

https://www.reuters.com/legal/government/eeoc-says-northwestern-mutual-wont-hand-over-information-dei-policies-2025-11-20/

With all the changes the new leadership over P & C claims are implementing across all of p&c they will never get these claim jobs moved into the hubs. Not Injury, not TL, not fire, not Sub, not Property. There is to much for new hires to learn and retain, they will not stay. What we have in the hubs now cannot do the work. We will work from home forever or until they make us miserable enough to quit.

Checking in — are there any additional layoffs happening today, or was everything supposed to be finalized yesterday? Haven’t heard anything from leadership.

@"the men and women who built this into a once great company."

Seriously, Verizon was NEVER a "Great" company. They never invented any groundbreaking technologies nor created any new markets nor set any significant business or technology trends.

Verizon (Bell Atlantic & Nynex) was spawned from AT&T (AKA, "Ma Bell") and grew primarily thru acquisitions (GTE, Alltel, MCI and potentially Frontier). Yes, they built out an excellent network but their real success come from leveraging sheer mass scale.

AT&T and IBM would be examples of truly great companies. Verizon is an "also ran" company who's day in the sun is fading because it ignored it's customers.

I’m wondering…

How does he feel about his nickname? Dan the Hatchet Man? I wouldn’t be surprised if he actually likes it.

How does it feel to cause such intense pain and misery to 13,000 individuals, multipled by 3 or 5 when you take into account, the family members of those who have been laid off?

This company is terrible. Would not recommend!

Terrible decisions from Lowell started this spiral, then they bring in Hans who made very poor decisions with Ericsson and big shocker history repeated itself at Verizon. I literally remember the day he was named as CEO, fellow co workers talking about his track record at scratching their heads on why he was named....and the kicker....the new CEO was on the board of directors when they picked Hans. So all the cr-ppy decisions he made can all tie back to the board and their awful decision to bring him on. So now a member of that cr-ppy board of directors is now the CEO and employees and investors are supposed to have some kind of hope in that? I cant believe what this once wonderful company has turned into. All these frontline workers who bust their butts and care about the customers are just tossed to the curb...DURING THE HOLIDAYS. Very heartless. Just think about it...axing 13k individuals in hopes that that news would drive up stock price by a few pennies. Very very sick game they are playing. I left back in 2023 and couldnt be happier. It was so scary and stressful when it happened to me and my heart goes out to those effected. Its so hard to see the light at the end of the tunnel and I know the job market now is much worse than it was in 2023. I genuinely hope you all land on your feet...and soon.

Reports last week was 15K, actual number was 13k. Is it possible there will be no more major layoffs for 2026 at VZ?

We get rid of a DEI hire and put someone equally as worthless in the spot

I have no experience in running a small company, let alone a big one. I can think of a strategy to fire employees to save money and show increased profits to raise share price.

The current ceo with so much experience is coming up with the same strategy to compete with T-Mobile and AT&T!!

I see no future for Verizon. If you get RIFed, think positive and look for a better company.. consider it x years wasted on a company run by people who have no vision.

If you don’t get RIFed, take this as a wake up call to jump ship because it’s sinking.

There is no VTeam feel anymore here. With so much uncertainty, unrealistic deadlines, there is no dignity nor recognition of the hard work done. Simply blackmail tactics.

Do we know the total layoff count as of yesterday? Was it 13k or with more to add to today’s count? Is it over?

Seems no changes to VZI yesterday. What’s happening from that front? Anyone know Dan’s POV on outsourcing?

I can tell you from my experience that the onshore GTS developers are far more productive and skilled, but you can get 4 offshore for the price of 1 onshore.

So Dan laid off 13,000 people yesterday, 2,000 short of the 15K total we've all been hearing about for the last few weeks.

I'm hearing rumors from several sources that they plan to sell off Vz International (to BT) in April next year. Will the remaining 2,000 heads be from there do we think?

Only 9 Senior Leaders listed in the email sent out by VCG CEO…?

Is the “significant organizational change” in the room with us? There was more than 9 RIF’ed on my 50 person team.

What a scam this “new” leadership is

Feel sorry for people that were RIFed.
Speaking of VCG as well as others, for the people still around, do we know when the re-orgs will take place and what they will look like?

Hi, haven't been here for a year. Was declared obsolete 2 years ago. Just wonder how much the employee count is these days, and how many of these are effectively and actively working ...

Someone I work with, a friend, was told today is last day.

Can’t they just reduce everyone’s salary instead of layoffs like some cultures do?

What work groups were impacted by the layoffs?

Funny how Dan S couldn’t wait to send his email to lay 13k people off. Sent it at 7 am. Well it’s 8 am the next day and we still don’t know which execs, vps, sds and ads got laid off. He laid off all the people that do the actual work but kept all the people who just go to meetings to wag their fingers. Good luck turning this company around with people who don’t want to do a lick of work

Looking at the FIS quarterly report, FIS has paid out $205 million in severance this year compared to $34 million for the same period last year. Also there is a comment, "The Company continues to evaluate its organizational structure and expects to
incur additional severance costs in the fourth quarter of 2025." I wonder how many people that equates to?

There is no offer for vacation time?