#leadership

This is going to be similar to what Elon did to Twitter when he bought it.

"To the long-suffering men and women in the trenches of the Verizon workforce, this may sound like a new commander's call for another big push days after the last fruitless effort. Under Hans Vestberg, Schulman's predecessor, Verizon's headcount shrank by 44,900 employees between 2018 and 2024, about 31% of the earlier total. Since 2015, the number has plummeted by 78,100. All this carnage has still not apparently produced the lean machine that Schulman, who has been the top independent director on Verizon's board since 2018, wants to see. "

https://www.lightreading.com/ai-machine-learning/verizon-ceo-wants-aggressive-cuts-after-vestberg-culled-45k-jobs

Who else finds it shameful and offensive to employees that Ricoh has can spend millions on a useless Dealer meeting in Nashville (following Printing United) amid a freeze on merit increases and rolling layoffs? Who are they kidding?... Most of what was presented - except for A3 MFPs and Brother-A4's cannot even be sold by their Dealers.

3rd of November will start Layoffs in EHQ and PTC and week after in ELC. In the meantime, ITC grow rapidly - hundreds of new positions. I have the impression that the company is moving to India. I wonder if it's because Sr LT in GT come from India…

We all know the answer, it's the lazy and d-mb people at top with no idea about the work we do.
Funny thing is, they are in control of the list again.

Arguably John Gibbons was most responsible for the operational decline of the FI Group.

If you need to pay him - it is a slap in shareholders faces to do so. He could have been let go for cause, not a made up Senior Advisor. Who exactly is he advising?

I am recently retired from your largest competitor (you can figure that out) after 40 years that saw our company go from the Stone Age to the dominant retailer in the World.

I still follow the retail business closely, and indeed these are changing times for all. Reviewing the posts regarding the recent layoffs at Target, I can certainly understand peoples pain and concern. At the same time, I want to say to a lot of the commenters complaining that it's time to face reality. Target has not kept pace with the times, particularly in technology and operations and store level execution.

I urge all of you to get out of your Corporate cacoon in Minneapolis and visit a darn Target store. They are awful. Standards, execution, merchandising, all just below expectations. Out of stocks on Merchandise everywhere. My local Target in an affluent area of Omaha NE ( 180th and West Center) is a pig stye. Carts of returns everywhere, freight all over the floor. The store does not get straightened at night or throughout the day. The Walmart across the street is pristine. There was a time when this is what a Walmart store looked like. Not anymore. The Walmarts I've been in lately are much cleaner, neater and instock than the Targets, and years ahead on technology that both associates and customers use to enhance their shopping experience.

Quit complaining and get out into your stores!

For those of you that are holding out to be displaced. You got to look at what the cost to yourself and your family is of staying there. The money even at the end of your long career is not going to be worth the time that you lose away from your loved ones. The leadership doesn't care if you were single parents they don't care if you have children they don't care if you have a loved one you're caring for they don't care if you have parents that you are monitoring. This is all stuff that can be done with you working at home and every now and then just checking on your kids your spouse your parents. But management has decided that is not important prioritize your life based on the most important things which is not your career.

Why does UP stock su-k so bad. They are always painting a picture of rainbows and unicorns. With earnings, safety, merger talk. Shareholders must know they are full of s$$$. Because the stock just wants to drop no matter what.

Hans was fired in 10/6 and documents to scandal were unsealed 10/30. He was fired over Verizons compliance to the subpoena while ATT REFUSED! The board didn’t fire him for abismal leadership (the board was complicit in destroying a great American company and allowing TMO to takeover telecom) they fired him because Hans didn’t have the brains to refuse to comply while competitors did. This puts the Frontier acquisition in jeopardy which is VZ only lifeline.

This means that Dan is just coming in to save face, fire as many people as possible, remember VZ absorbing 15k frontier employees so the VZ cuts will be nasty and Frontier employees will eventually get the boot in early 2027. Dan will not do anything revolutionary outside of what was already being planned prior to Hans leaving. Get ready to su-k for 2 more years until Dan steps down when he unsuccessfully gets VZ off the ground and hands it over to DRUM ROLL…..

John muthafkn Stratton.. sorry Scampath. That’s when VZ will have a small renaissance but won’t ever come close to TMO. Also remember that SpaceX which owns Starlink will IPO within the next 5 years and they will be the ones who take out TMO. VZ will be a distant 3rd.

Come back in two years and congratulate me when it all happens. Buying lotto tickets tonight. Take care lads.

Each new CEO takes 4-5 years to destroy and mess up, then get fired. Same for LBT, making fake news and hiring relational friends will not last long. The company is getting more rotten than before, more corrupted than before.

Do not fool yourself, the whole Intel is a rotten and a scream-house, a dead haunting house with some new paint.

Disclaimer: I took this from @be+1k8zgntvp

Now can he be fired.

See WSJ Story from Oct 31 "How Chevron Got Caught in the Clash Between the U.S. and Venezuela"

Chevron has 3000 employees in harms way, propping up a dictatorship.

The response from Chevron PR is laughable.

“Our top priority is the safety of our personnel, the communities in which we operate, the environment and the integrity of our joint-venture assets,” a Chevron spokesman said. He referred any questions about the security situation in Venezuela to the U.S. government.

How many of these CN deadbeats will Vena hire?

Wireline safe for November 20th? I talked to a leader and they said they think it’ll be more WLS focused.

This is pure speculation but with the earnings call AND CX Summit coming up, I would assume now's the time to announce the new CEO, right?

the only way to start this turnaround is to start by removing everyone at VP and above. they were complicit is creating this culture and never stood up against these practices

Our terrible RE management strikes again! We had 2 Directors: one everyone loved and respected who was onsite, the other we all complain about in our Pulse surveys who is in a completely different office and is horrible to work with. A reasonable person would think if they had to cut one of them it would be the ineffective Director. However, LG is personal friends with the AVP. She and her husband go to dinner with AP and her husband, so when a choice needed to be made, AP decided to save her friend rather than the most suitable candidate. Now our team is stuck with the horrible Director and her nastiness. Typical of our terrible leadership at USAA Real Estate.

If you thought that minor stock price bump was big....

I get so frustrated when I hear LBT say that one of his goals is to attract and retain top technical talent. At the same time, he runs on a hiring spree for his old friends for the top buck EVP positions, people who make no impact or difference whatsoever. Meanwhile, the actual engineers, architects and technical leaders from grades 7-10 are fleeing the company with no meaningful effort made to keep them. It's such a hypocrisy and a complete waste of money.

In the past 2 years Prabhat Singh had lead the group to sink. He is not allowed to hire. Everyone is leaving him. Teams have shrunk by 50% because people we're unhappy. He expects people to work on the weekends so outages will happen on Saturday and customers won't notice. We have an outage every single day.
Someone had shut down the flow on SBG and the whole group is on a KTLO mode. It's just a matter of time until there's going to be a massive cut but the best way it to shake down top down and not bottom up

Due to the current economic climate and the future efficiency of AI all major companies are making cuts to keep up with the rising costs to do business. Even if AI isn't a realistic strategy companies are all in because the potential is too great to ignore. Vote for leadership not party affiliation. We are experiencing the impacts of almost 10 years of horrible leadership decisions at the top that trickle down to companies across America.

Majority of R2B reps are going to be gone with an opportunity to apply to retail, B2B or another position. Retail business support will be a combination of B2B, AI and a new support line similar to click to call that basically will process transactions and either dfill or ISPU. No need to continue to pay duel comp. The new plans will be simplified and almost mirror consumer plans. B2B will also take a big hit and streamline the multiple layers of leadership and account executives.

The new CEO is basically coming in to cut and slash Verizon into a cheaper bootleg version of its self. No one cares about network quality it’s all the same. Verizon is only going to win if they lower prices not add fees. In order to do that it’s going to require major cuts to its work force. If you are in a nice cushion job getting paid big bucks for doing nothing you will soon be sliced.

Multiple layers of leadership are going to be trimmed and consolidation of Director and Senior Director roles with larger districts and less Directors and Senior Directors. Small non performing stores switched to indirect. Say good bye to retail business reps. Verizon is no longer the industry leader. Verizon will become T-Mobile Jr. New CEO plans on following T-Mobile’s business model. Welcome to the beginning of the new Bed Bath and Beyond fire sale of the wireless industry!

What a joke. These EC member elitists are getting millions in stock options and salaries and then are giving us merit increases less than what inflation is. Then they expect us to be happy with an extra 10 percent bonus? The RTO answer was a joke as well. Rick needs to open his eyes if he hasn't seen top talent leave. I can't wait until we get younger leadership and not anyone from McKinsey

I used to feel like I belonged here. Over time, I noticed a shift. As a woman of color who consistently delivers results and drives impact, I have seen differences in how respect and recognition are given. I have watched white peers with lighter performance receive more support and praise, while my contributions were often minimized. I also noticed cultural dynamics where questioning decisions—especially when coming from women of color—was not welcomed.

These experiences do not erase the good people and positive moments, but they do make me reflect on how far we still have to go in equity and inclusion. I hope leadership listens, because talent and value exist across all backgrounds, and organizations thrive when every voice can be seen and respected.

I still remember when Hans was first announced as CEO. I did some research and saw that his tenure at Ericsson ended in turmoil, which immediately raised red flags for me. My instincts told me he might bring similar issues to Verizon—and after eight years, it’s clear that concern wasn’t unfounded. His leadership left the company in disarray, and it’s no surprise he was ultimately let go. It always seemed like his appointment had more to do with his connection to Lowell McAdam than with merit.

Now that he’s gone, I’m genuinely hopeful that Dan will take this opportunity to clean house—especially at the top. There are far too many EVPs, SVPs, VPs, and AVPs who’ve climbed the ladder without delivering real value. It’s time to move on from the talkers and empire-builders—those who lack the domain expertise and technical insight needed to truly drive the business forward.

If you want to feel sick read the linkedin posts of any marketing or merchandising leader. They congratulate each other for doing their jobs and agencies bootlick using only Target-approved words like "joy!" "More Joy!". The products and stores look like Kmart 2000. Remember when leaders in marketing had creative taste and style? And merchants delivered 'unexpected' in a good way? Not "wow Target is selling Champion for more than TJ Maxx ?" unexpected.

2026 CDGP - Continuous Delay of Growth and Prosperity 😊

Jeremy “Jobs for Life” tells NS student conductors “ They have a “Career not a JOB “… I wonder if he told that to the current UP employees being furloughed ? How many folks with years of experience lost their jobs to PSR ? NS employees have no idea what Jimmy.V is capable of doing to a railroad !

I just just saw Vz got a new CEO. Does that mean layoffs expected?

Seems like Quest Software’s management has completely lost the plot. Leadership keeps talking about “AI” like it’s some magic fix, but it’s obvious most of them don’t even understand what the products actually do. It’s all buzzwords and no direction.

The work environment has become toxic — people are walking on eggshells, afraid of being the next one on a PIP. Feels like they’re trying to push people out instead of doing proper layoffs so they can avoid paying severance.

There’s a lot of backstabbing going on now, too. Everyone’s in survival mode, trying to protect themselves because no one trusts leadership anymore.

Used to be a great company with solid products and good people. Now it’s chaos and confusion from the top down. Sad to watch what it’s turned into.

The top software executive at GM resigned, hired from Apple two years ago.
Let us 🙏 Ford has former Apple people resigning.

Roger Entner, Recon Analytics
Roger Entner of Recon Analytics discusses Verizon's new CEO, Dan Schulman, in the podcast "The Week with Roger". In the episode "Change is Afoot- All About Verizon's New CEO Dan Schulman," Entner and co-analyst Don Kellogg analyze the appointment, predicting Schulman will initiate significant changes to improve customer experience and financial health after Verizon's recent struggles.
Mandate for Change: Entner explains Schulman, a seasoned consumer disruptor, has a two-year mandate to overhaul Verizon's strategy, including re-evaluating profitability targets and making "painful cuts" to right the company's course.
Strategic Shift: Schulman is expected to shift the focus from solely financial metrics to customer metrics as well, after the previous strategy of extracting more money from fewer customers proved unsustainable.
Leadership Experience: His experience as the founding CEO of Virgin Mobile USA and transforming PayPal is seen as valuable for this "rescue mission" at Verizon, although the telecom market is more mature than the expanding digital payments market Schulman previously worked in.
Future Outlook: The analysts anticipate a more competitive Verizon that prioritizes customer experience and value, following a period of subscriber losses.
The Week with Roger | Podcast on Spotify
All Episodes. This Week: Change is Afoot- All About Verizon's New CEO Dan Schulman. The Week with Roger
https://the-week-with-roger.captivate.fm
Change is Afoot- All About Verizon's New CEO Dan Schulman
AnalystsDon Kellogg and Roger Entner discuss Verizon's appointment of Dan Schulmanas its new CEO, exploring what his leadership could mean for Verizon.

Cute!

https://www.linkedin.com/posts/imperial-oil_a-message-from-our-chairman-president-activity-7390055385530953728-68au?utm_source=share&utm_medium=member_ios&rcm=ACoAAAghr0EBxYrvlW41szMwjPB1N_b7_qJtMYI

Especially since the card carrying members of Mensa who run Truist can't even articulate what it's supposed to mean. Incredibly insulting to your employees. You've failed us all.

So wonder Dan is realizing how useless Most upper and lower management is in wireline & wireless .Maybe he has realized only the people who are in some sort of hands on position are of any value.The whole reason we lose market share in wireless,wireline,buisness is because of bad management decisions on how to get the largest bonus .Maybe spend the least amount of money by shedding all our customers.Its like committing su----e trying to grab the dollar off the track with a train coming!!!!!

Confirmed with a co-worker that came from a meeting just now that the CMO was cut today (Sashi M). Some people will say this is good, others will say this is bad. Simply calling it out as there was more layoffs today. Not sure if it was just him or if there was additional leaders but more people are gone.