#svp

I've heard more surplus is coming in September, and I am hoping I'm on that list! I asked to be on the July surplus and was told my department wasn't impacted so I could not be included. Any chance I will be on it in September? Specifically looking for impacted VP/SVP teams under Legg.

https://www.barrons.com/articles/verizon-layoffs-73f1fc34

I hope they are not publishing this unless it’s from a credible source? Like a band 4 or up.

I heard a big portion of the new loan is to provide large bonuses at the SVP+ level. The self enrichment continues..

So much churn here, it is looking like mixer grinder on full speed. And perfect timing also with in-person work is starting soon, and now we have a new SVP with full “I have a PhD in retail/store” energy. Apparently he is telling us Jack himself recruited him. Very God. Very VIP. Please bow and clap.

But one small clarification: this Sprouts, not Walmart. Budget is not unlimited, people are not lining up to suffer, and nobody is waiting for some retail professor to come and save the day.

People already do not want to work with him. Existing employees are looking. New hires are ghosting after talking to him.

He is in for a rude awakening. Organic. Locally sourced, and very expensive

I keep hearing news that the useless "SVPs" are now getting hit. Let's keep up that momentum until they are all ou of there!

After an invasion of people from MS during last 5 years, it is now ZSCLR time. Story continues ... after getting a position of power, they bring their favorites. Latest is no less - an SVP. Go figure.

My last day can’t come soon enough. This has to be the worst sales leadership in the whole industry. My 5 year old grandkid could do a better job than the SVP and he doesn’t whine n’ cry as much.

SJ retiring replaced by PK. KM and AM stepping out, first wave of SVP changes already announced, more to come? What do we think?

Data science projects face up to an 80-95% failure rate primarily due to poor data quality, lack of clear business goals, and organizational silos rather than the models themselves.

Got word today that the SVP is gone "retiring". Wild news, sounds like more to follow. Usually this is the fuse that lights the fire. Layoffs and a reorg are definitely coming to CS. Makes sense though, you can't have 2 SVPs over CS and Retail.

This leadership under Mike is just moving deck chairs on the titanic!

• expense out (severance)
• expense in (all the new SVP's making millions each from JPM, know nothing about payments, bank software or anything other than consumer and commercial banking.
  Lots of luck, stock price down another 8%, I guess is improvement over the last few quarters with stock down 20-40%.

And we’re having SVPs find pennies under couch cushions and bragging about it

Who is the most prominent bullsh-tter in the history of Walmart at the level of Senior Vice President to date?

One of Shannon's direct reports going to India, coincidence ?

We basically work for the mafia.

What's a fair acceptable range for SVP role in Tampa for a senior person? I know this is a sinking ship and its a temporary boat for me.

Ranges posted are 155 to 230k and most of them are willing to pay around 155. Why post the range so high if they don't want to pay?

spent 5 months here, genuinely nice guy. Not sure what went wrong here. I hoped he will drive meaningful change here.

Maybe it’s the first of many to fall, or maybe not. We’ll see where this goes

So a senior vice president takes a leave of absence?! He was a rising star but even he is disenchanted with Phillips 66 and the money is not enough to retain him. That or he was forced out. Who takes a leave of absence at that level?

Details a bit fuzzy on this. And yes, I know, it's a rough year.

Take this with a grain of salt but I heard from two unrelated sources that there will be a 1K cut at the end of March with the focus on mgmt (Dirs, SVPs...) We'll know soon enough but that layer is fairly fat and this is exactly where they would get the biggest bang for the buck (and the impact will be minimal).

Last minute invite to short meeting tomorrow morning for EIP. Is there a new SVP?

Heard a SVP was let go and a couple others. More coming??

Why are you guys surprised? All along I projected the stock to be in the 50s.

What is next? Fiserv is no longer a fintech company, it is a company with a bunch of accountants and top-heavy with VPs and SVPs. All its IP 🧐 assets are contractors. No one would invest in an accounting firm. Clover? It’s only 8% of the market and going down.

Infinite? Simply an agent, facilitating, accounting cover-up to beautify quarterly earnings.

Sad but this company is dead without its full time IP committed to Fiserv. Mike can’t do anything, Frank left him with long term contracts with third parties and many Frank’s kool-aid guys still around. Stock to $40 .

It will take Mike about another 2 years to know IP is a must to the survival of this company.

I’m being increasingly iced out by an SVP — removed from key business calls, not receiving responses, and no longer being included in important projects. Visibility and opportunities now appear limited to a small group who closely follow directives and have direct access to the SVP.

Is the DEG group (In CNIO/Network Operations under SVP-Corey Anthony) moving to AFO (Under SVP-Chris Altomari) soon??? Overheard some chatter about that being a reality come 2/1/2026.

Many senior folks like SVP and above left in last few weeks. Even some resigned from Altair acquisition. Whenever sales people jump a boat there is a sign...I know a director they hired a year ago in EDA side and has left as well. What's going on? Any insight is helpful...

Is LP out ? LBT hired Qualcomm SVP Eric Demers GPU leader

I finally found something else. Took me 9-10 months. I don't remember what I signed in my contract in terms of notice period. Is 2 weeks enough for SVP or it has to be more?

What's the pay at SVP level? 60 day notice + 10 or 12 weeks pay?Do they pay for any carry over vacation + accrued vacation for the year?

Should I decline my svp to Dir promotion due to layoffs ? Heard large # of MDs and Ds are on the chopping block.

The disproportionate presence of Indian leaders hiring and promoting mostly Indian H1-B candidates speaking their language into SVP and other VP roles in Tampa raises concerns about favoritism and closed networks. When leadership pipelines lack balance - opportunities for other equally qualified professionals are very limited.

Does anyone know what the current status about internal promoting this year? I heard that they aren’t promoting anyone this year.

Does anyone know the pay band for Sr. VP’s?

I'll start by saying I have always been fond of Sampath - super smart, great communicator, really understands the business and the industry, and by all accounts a genuinely nice and kind and thoughtful person.

But that said, I also think that he set many things in motion that led Verizon to this position. Both on the business side and then on the consumer side, he set up large, broad leadership org structures, with lots and lots of SVPs. And then I think that in turn led those teams to create broad teams. And once that org bloat starts, it's hard to undo it. I wonder in hindsight if creating these large SVP teams was a mistake.

Just one person's theory.

tick tock, tick tock....

For the SVPs and VPs that were notified, what happens to their roles? Do they just get replaced with someone new? Do their teams get moved under other SVPs or VPs?

Anyone notice that a few SVPs weren’t included in the Q&A today? Yolanda, Julie, Kwame? What could this mean? Do they have nothing to contribute? Some of the questions involved their groups… I would have like to see them speak.