#layoffs

Any Northern California people affected?

Not "just this once." Not to help out. Just don't. They're counting on it. Let them feel the consequences of their actions for once when things don't get done.

This company is on a death spiral.

The part about being laid off is knowing Verizon is still hiring. It feel like a huge betrayal. Many jobs could have been saved if things were REALLY BEING LOOKED AT!

Thursday came around quick. Anyone impacted this week or know of anyone? Someone said ~10 in GCAS tech but I would think more for just before December starts. Thoughts with those that are and have been laid off.

Off work today sweating bullets. I know my store is not closing but I’m not sure if full time reps are being let go

Anyone know if the CMO organization is affected?

So far 3 managers gone this morning and seems more coming soon.

I see for some it's 12/19 and for others it's in February. I'm sure there are other dates in between as well.

If my last day on payroll is 12/19 but my work anniversary is January 1 do I get a prorated amount or is it a hard cut off for years of service?

I was told yesterday that my job will be eliminated on January 2. Feels like Full Potential 2.0.

Anyone else?

Any Tulsa folks impacted?

Can’t speak for all business units but I’m in GNT and our market had new email distros created for all groups of remaining employees (NA, Engineering, RF, SP). All of them were created on 11/12 and first used today after RIF notifications had been made.

For what it’s worth.

What a horrible day, I am safe… but my friends were cut and it just feels like a death. NO ONE deserves to be without a job right before Christmas.

Sharing what I know, future looking -

Consumer re-org will be announced tomorrow.

Not sure on HR,Network,finance etc but consumer will be switched up completely.

anyone know if california is affected? if so how bad? and which departments in retail?

A lot of you knew this day was coming. Seeing all the panic post and comments just says, no one prepared for what could come. Verizon is a mega business and they will cuts ties in a second. If you’re let go, look at it as a blessing. I left Verizon and thankful I’m not dealing with this. I’ll end it with, at first I was scared, time went by and it was the absolute best decision. Blessing to you all

Jay Snowden needs to go for these botched deals with Barstool, ESPN

Well, over the past month we watched our stock just tumble and tumble.... and then tumble some more and watched our stock investments just collapse.

I initially thought the price would see a hold before it got to $250 per share - but didn't happen. Now we are well on our way to $225 per share and at the rate the stock is falling it is well possible that we can crash to $200 by end of year ( next 5 weeks).

Which then begs the question, how low will stock price go before our Board has to take very aggressive measures to curtail the investment losses ( and protect themselves)?

I think at this point the Board was already in discussions to implement layoffs in Q1/26 but at the steady rate the stock is falling combined with a global economy that shows significant signs of the onset of a recession, I am fearful the layoff discussions the Board is having will very well have to be amped up even higher to offset the stock collapse.

Making matters even worse, our Board could not have picked a worse time to shut down our ERP Maintenance biz, which has been the stalwart of a very profitable and steady income stream - we will all live to regret this move.

IT is primarily focused on India, and I dislike this trend. They are the main reason for disruptions in US work culture, often exhibiting micromanagement. We had very great leaders, they were let go to be replaced. Any organizational announcements or changes were only meant to promote "birds of a weather flock together". Look at org chart and when you know budgets are tight, chop off the managed services. Additionally, leadership, including directors and VPs, seems to be accepting kickbacks from managed services to bring in cheaper labor. I'm uncertain about what the future holds for American workers and the next generation. US jobs and companies are for US people not for Asians.

Lost our Director, Area Manager and Supervisor today... Not a good day at Verizon.

I’m so sorry you all are going through this. I went through it with VZ in 2023. I just want to let you ALL know there is life outside of Verizon. I encourage you to take full advantage of the FREE resources they offer regarding job readiness. You will find yourself working a lot less hours, actually being able to have a life & being happier overall. I know today is hard, but just know the light at the end of the tunnel is much brighter than you could ever imagine.

has anyone been able to access the severance portal yet? Every time I try to follow the login instructions, it tells me i entered the wrong username and/or PW and won't let me get any further

Anyone hear anything about VCG positions. Care- Case Management- Social Media- E.R.T or Pact?

https://x.com/TheLayoff/status/1991549322509566279

numero uno, today, again.

probably the biggest business news of the day.

it's a sad throne that we occupy right now

Does this mean we are safe or we are cooked?

I left in 2024, I was laid off. I'm really sorry to hear about the layoff. That's tough &it's okay to feel whatever you're feeling right now. But i know all of you are VERY capable and good at what you do... Sometimes these things happen and they end up leading to something better, even tho it may not feel that way right now. I did and you WILL land at some place that appreciates what you bring. Godspeed.

Anyone know if they will send emails for VSP?

I just want you all to know that you're in my thoughts and prayers. I have several friends who still work for the company and they're all stressed. This is tough for everyone, especially with it being the holiday season. Hope everyone can lean on each other whether you kept your job or were laid off. Reach out to those who were let go and love on them. As it can put people in a really dark place. To those who were laid off, stay positive and encouraged as something better will come your way!

Any one get cut?

Anyone in the Vec channel affected? CE's? BDM's? Directors in VEC?

Any word on North Carolina employees and what departments are getting hit?

Or are they planning multiple rounds?
I am interested in what people think as I know what the execs will say.

It looks to me like they're almost positioning Verizon to be sold. I have seen these sorts of layoffs (no rhyme or reason and across EVERY GROUP) before and it has always been before a company goes up for sale.

I think there would be anti-trust issues with having an AT&T or T-Mobile buy it, but who knows, maybe Elon might buy it. I have heard that Dan is buddies with Elon.

Pure speculation, but something is quite amiss about how this whole thing has been done and handled from a managerial standpoint.

Both NY and NJ have 90 requirements for WARN notices. How is Verizon justifying some NYers staying on until 12/19 while NJers stay on until 2/19?

Analyst in BR, entire team laid off under VCG higgens group this morning

Rip

This is sad for me working for almost 8 years just got laid off

We do layoffs every holiday season.
You will be laid off eventually.
I'd estimate half of you will be laid off by the summer

How our beloved institution seems to have lost its soul and senior talent.

At BNY Mellon, "strategic alignment" appears to be more of a psychological endurance test than a business principle. It feels like we're in a corporate escape room where the clues are cloaked in jargon, the exits are offshored, and the ultimate reward is a Teams meeting with someone fresh out of college who thinks "mainframe" refers to a type of Sleep Number mattress.

Let's start with our CEO, Robin Vince. His leadership style, characterized by vague declarations and performative empathy, seems to ignore the fact that our ship is sinking while they outsource the lifeboats and call the iceberg "cost synergy." His signature look—perpetual five o'clock shadow, freshly steamed suit, and a Rolex Platinum—speaks volumes. While he touts "free coffee in the office" as if it's a groundbreaking perk, jobs are quietly slashed, benefits reduced, promotions frozen, and merit increases become almost laughable. Anything with a cost is either stopped, frozen, or eliminated.

Then there's the Return to Office (RTO) campaign, which was touted as a bold move toward collaboration but ended up feeling more like a scavenger hunt for badge access in a haunted coworking space. Employees were encouraged to "reconnect," only to find their teams had been restructured, relocated, or replaced by someone in Wroclaw who thinks "Waterfall" is a Spotify playlist. The real aim seems to be forcing attrition without paying severance. If you're mid-career, have missed a few badge swipes, work from home, or your office commute now involves multiple transfers and a broken escalator, congratulations—you've been strategically unaligned.

The pattern of layoffs, or "realignments" and "talent redistributions," is another concern. It feels like we're constantly under the threat of being let go, with every "quick sync" or "just checking in" message potentially signaling the end. If you're a male over 40, HR may have already tagged you as "legacy talent"—a polite way of saying "low T, too expensive to keep, too experienced to promote."

Our globalization strategy, which involves sending jobs to India and Poland, complicates things further. The result is a tangled mess of time zones, miscommunication, and Jira tickets bouncing around like the timeline for releasing the Jeffrey Epstein files. Clients notice, deadlines slip, and deliverables vanish, but we're reassured by the opening of a new "Center of Excellence" in a country where no one has met the client or used the software.

The hiring strategy now mirrors a university career fair, favoring fresh grads over seasoned professionals. These new recruits are bright-eyed, bushy-tailed, and completely unqualified, but they're cheap and can build dashboards filled with cat memes and Sora videos. Meanwhile, experienced employees are nudged toward "voluntary transitions" or given roles so meaningless that early retirement becomes an appealing option.

Our product delivery strategy is another area of concern. It feels like a choose-your-own-adventure book where every path leads to a missed deadline. Teams are gutted, timelines are fictional, and clients are reassured with phrases like "we're in the ideation phase" or "we're pivoting to a more scalable solution," which is code for "we have no idea what we're doing."

Finally, when in doubt, we call McKinsey. Their playbook includes renaming layoffs as "talent fluidity," creating dashboards that track morale using emoji reactions, launching pilot programs that solve nothing but look great in slide decks, blaming the org chart and redrawing it using a dartboard, and hosting "strategic engagement sessions" with bagels and muffins, calling it transformation.

In summary, BNY's strategic alignment feels more like a slow, grinding descent into cost-cutting madness masquerading as innovation. The only thing truly aligned is the exit door. If you're still here, congratulations—you've survived another quarter of corporate performance art. Just remember, your resilience isn't a virtue; it's a KPI. Your reward? Free coffee and the privilege of watching your job get reclassified as "non-core" while waiting for your personal release date.

The way this was handled is a disgrace, especially for a "communications" company. Verizon has been losing customers by the hundreds for months now and their solution is to cut Operations. Some markets are down to a few guys for entire states. Way to put the customer first, Verizon. Bravo.

If anyone from New York Metro is affected, please post here.