They ran reports showing a 29k headcount.
IYKYK
I want to believe that Verizon has more than 29k employees.
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They ran reports showing a 29k headcount.
IYKYK
I want to believe that Verizon has more than 29k employees.
Crazy that 20% is a huge number it’s just the first stage of the management layer layoffs .But I hear it’s not even across the board.Some groups will lose less of that whole 20 some will make up a huge percentage.Sounds like the wireless corporate stores are gonna get hit really hard.But if you survive this pre Holiday round you are probably good into the New year .Best of luck .Keep your options open
The layoff train is coming and the next stop is pound town.
Seeing lots post for greater VZ, wondering if there’s any rumors to those of us that survived the sale of INTL.
https://www.hiboost.com/blogs/news/at-t-vs-verizon-vs-t-mobile-best-5g-coverage-comparison-2025-complete-guide?hl=en-US#:~:text=If you live in or,that others sometimes don't.
Total postpaid net customer additions of 2.3 million, best-ever and best in industry
Postpaid phone net customer additions of 1.0 million, highest Q3 in over a decade and best in industry
Postpaid net account additions of 396 thousand, up 26% year-over-year, best-ever and best in industry
Total broadband net customer additions of 560 thousand, up 34% year-over-year, best in industry, including 506 thousand 5G broadband net customer additions, up 22% year-over-year, and 54 thousand fiber net customer additions
Translating Industry-Leading Customer Growth into Durable and Profitable Financial Growth
Service revenues of $18.2 billion grew 9% year-over-year, best in industry growth
Postpaid service revenues of $14.9 billion grew 12% year-over-year, best in industry growth
Strong Net income of $2.7 billion and diluted earnings per share (“EPS”) of $2.41
Core Adjusted EBITDA(2) of $8.7 billion grew 6% year-over-year, best in industry growth
Net cash provided by operating activities of $7.5 billion grew 21% year-over-year
Adjusted Free Cash Flow(2) of $4.8 billion
Extending Overall Network Lead with Best Assets, Customer Centricity and Technology Leadership
Recognized by Opensignal as the 5G Global Winner in 5G Coverage Experience and Global Leader in 5G Reliability, including outperforming other US operators; T-Mobile also ranked the #1 FWA carrier for Consistent Quality and Reliability
Fastest provider in Fixed Wireless Home Internet with median download speeds nearly 50% faster than next closest peer, based on our analysis of Ookla data
Ongoing momentum in network perception with lots of room to run, with highest ever switching consideration based on overall network quality in Q3 and lots more runway ahead
iPhone 17 is fastest on T-Mobile’s network with median overall download speeds nearly 90% faster than one benchmark competitor as we continue to expand our network leadership with industry-leading deployment of new technologies (e.g. L4S deployed on all 5G sites with efficient capacity allocation; ~70% of sites supporting 5- and 6- carrier aggregation)
I don’t even care how bad Verizon’s been doing lately or what happens next. I’m overworked, exhausted, burnt out, and I can’t stand this place anymore. After years of hard work, I have nothing much to show for it, and there’s no real path upward, nothing to make me want to stay. If they’re planning massive cuts, they should offer VSP first. I’m sure plenty of us would take it without a second thought, bad job market or not.
How do you think we will be impacted by layoffs.
https://www.fierce-network.com/broadband/verizon-buys-starry-what-you-need-know
Analyst: Verizon lacks growth story
Whereas T-Mobile has a mobile growth story and AT&T has a fiber growth story, Verizon has been losing subscribers, noted Roger Entner, analyst at Recon Analytics.
“Verizon made its financial numbers by extracting more money from fewer and fewer customers, which is not a long-term winning strategy,” he said. “One of the things that Verizon really needs is a balanced scorecard, where not only financial metrics are important, but also subscriber metrics.”
Entner said he thinks Schulman’s appointment is a stop-gap measure and eventually, Sowmyanarayan Sampath, Vestberg’s heir apparent, is likely to take over. Sampath is currently CEO of the Consumer Group at Verizon.
“The company has been struggling,” Entner said. “I think this gives Dan the opportunity to do a lot of probably painful things before he hands it over to the longer-term CEO, and that’s in all likelihood Sampath.”
TMO and V announce new CEO's. What you think?
I heard they opening new wireless centers for us people. I miss my Murfreesboro Mobstas
Got some documentation saying the discount will go from 30% to 50%. Took forever to find someone who even knew what I was talking about. Lady said that according to what she could find, and if she understood it correctly, the discount would take a couple of billing cycles to flow through. Assuming we might see it on the billing on the December bill if true.
It's about time it was realized that, without wireline's monetary backing, the wireless ship would have never floated or even left port.
Without wireline's welfare-like subsidizing of any of their landline issues, that ship would not have stayed afloat so long, were the playing field leveled to competitors.
Yet these, so-called, wireless "management" bozos still thought they were superior strategists, yet they could never have realistically competed in a real world, one on a level playing field.
They needed to su-kle at the te-t of their landline counterparts, their benefactors, all the while viewing their intellectual, experienced superiors with disdain and always biting the lone hand that allowed for their existence. Like a spoiled, wet behind the ears, teen who thinks they know everything.
Verizon will soon have the least amount of post paid subscribers.... Wait nvm BYOD +!!!!
Equal opportunity ha ha
What a joke
They don't even pay their wireless workers the same as landline workers .
Example:
wireless retail cust service worker $13/hr
Landline customer service $>25/hr
#wireless treated like garbage
Wireless At will can be fired for any reason and have raises denied for any reason (happened to me)
Landline protected under contract. + guaranteed raises every 6 Months
Not 2 mention wireless can be fired on your anniversary with a small payout .
Landline = ESIP over 50k exit bonus .