#layoffrumor

Does anyone know if Value of safe this time around? Value has been spared quite a few times since the TracFone acquisition….

I've heard that another 10-15% of layoffs are coming around the corner. Our subscriber base keeps falling. I'd have to think this is accurate. What are other folks hearing?

On the list, what does it mean # impacted or # not impacted ??

If there is the #1 on “not impacted”, does that mean they are getting let go, but not immediately? Or they weren’t informed yet? Or they are staying past November?

Be kind to your co-workers who are in the office today.

Expect tomorrow to see increase of posts here, I just got the memo...

If they're telling you they don't know they're either lying or they're on the chopping block too. Calls will begin on Thursday (100% no doubt).

This is THE worst kept secret in Verizon... and elsewhere for that matter. Upper management is ticked off that this leaked. Honestly, what do you expect when you "whack and hack" 15% across the board without really knowing what you're doing?

I am feel sorry for those let go because the job market right now is just not great. There is life outside of Verizon, you may have to look for it ... for quite a while.

Good luck people...

Spoke to 3 ADs so far who are my friends. They do not have any list.
Is there any AD who has the list?

Our weekly team meeting on every Tuesday just got rescheduled to Nov 21st Friday for this week. Maybe they wanna accommodate the Nov 20th layoff day? Not looking good.

Does anyone know when the towers layoff will occur? If you don’t know can you give your best estimate's ? Just trying to prepare myself. What percentage of business and dnd folks do you think will be affected?

I continue to hear rumors about an upcoming future layoffs AND a merger. I'm hearing that the VSP and additional layoffs are being done to position us well for a merger (GuideWell???).

Anyone hear rumors at all about Verizon Connect?

is it the calm bofeore a coming storm? Selfie-king just posted about some org changes. Is that the beginning of a trickle down effect?

I really hate seeing the stock fall this hard because we all know what usually comes next when the numbers keep heading in the wrong direction. If things do not turn around soon, leadership will almost definitely start leaning on layoffs again just to make the balance sheets look better for a quarter or two. Mark my words, they always reach for the same playbook when the stock starts tanking.

Multiple teams n same building told 2 work from home while otha teams n building aren’t being told that.

What does that mean?

Seems like there may be another round this week? Any news?

It’s dead silent. Just liars and liars on this forum

I was expecting to start hearing something by now, leaders or even people on here posting some news. It doesn’t seem like anything is being announced today. I thought down to band 6 was happening today?

Am I alone in thinking something major is coming before the end of the year?

Can anybody shed some light on rumored December cuts?

I just got my early notification only cause my superior is good with me wanted to not hold me out to dry .Im in a department that has been dead a while .I knew it was coming good luck to all .

Workload is insane and it feels like we’re barely keeping our heads above water. Everyone’s walking on eggshells, worried about getting cut. People talk about leaving, but years in and severance keeps them trapped. Morale is rock bottom and it’s exhausting. It’s hard watching a place that used to feel meaningful turn so cold and ruthless.

People were talking about cuts around holidays, what's going on with that?

That's our reality now, and I admit, I'm not handling it all that well.

I've heard from a few people that there's no need to worry about layoffs until next year. The higher-ups don't want to upset people too close to the holidays. Is this true or is it just wishful thinking?

Once it's all over, I just want to see if any of them were right. I highly doubt it, but we'll see.

So hour by hour every publication is using the '15 to 20k layoffs' headlines to get to whatever sl--t they have, and all of the quotes and bullets are the same for all of the articles. And VZ officially has no comment. And this site and Reddit and everywhere else threads their hearts out with rumor/speculation/furvor. And VZ, the communications company with the new 'Tell it like it is' CEO, and a credo of integrity and respect, just allows rumor, speculation, and uncertainty take a deep soak while November 20 gets closer on the calendar. This isn't some scramble with no direction; Big Brother is controlling the communication even if it LOOKS chaotic. Chaos is a strategy.

We all know more layoffs are coming, it's the new norm. Any thoughts on what could be targeted next?

There has been talk about even more cuts coming early next year, but nobody seems to know if it is real. People keep trading bits of speculation and it puts everyone on edge. I am keeping my head down and waiting to see what leadership says. It is tough concentrating on work with that hanging over us.

Gone

I haven’t heard anything myself, but I’d really like to know if next week is going to be safe for all of us. I honestly just need a breather.

One way or another. This wait has been unbearable.

I am being told the announcement is week of Dec 1st. Potential reorganization.

If you’re a manager you have probably already been asked to provide numbers.

I expect at least a 10% cull across all/most teams in February before the end of year reviews.

Getting rid of many managers and collapsing them to ICs and creating teams with 1:20 or 1:25 even, was done to make it easier to give up headcount. It was always going to be the next phase. They are speeding up the next phases of cuts

If you are a full time H.R. and/or H.R. lead working mon-Fri. 7-3, 8-4, or 9-5. Your position is in danger of being eliminated by March 2026, just like the aforementioned post, a list is being compiled and that position is in great danger of being eliminated, and store managers will most like absorb those tasks.

If our manager was cut, does that put us at a higher risk of being laid off? I see people mentioning this but I have no idea what is true anymore.

Let’s start a thread here…

Asking for sincere honest responses. What do you think your chances are that you, personally, will be laid off? I’m guessing mine are at least 70/30 I’ll be cut. That’s based on my organization, my age, my salary.