Thread regarding Verizon Communications Inc. layoffs

@ah This is why I attended every one of my children's plays, concerts, breakfasts, etc. I have always had the mindset that family comes first. People put themselves in these impossible situations when most leaders will give you the green light as long as they have advanced notice. And whatever you do, make sure not to bring your concession device or laptop with you on vacation unless you're an ELT member. We aren't paid that much to give our blood, sweat, and tears to any company.

@a6 15000 layoffs while they pay Sampson and the other group leader … who were both at the helm thru all of it a 3 mill each 2yr stay on bonus … yaaaa … hanging out to dry … people look for a career not a moment in pay ….. it’s dirty and the people calling the shots and the direction of the rank and file are grabbing bonuses for their poor management and sh&t rolls downhill so the rank and file following exec leadership guidance get the ax .

If you think that any corporation really cares about their employees, keep in mind that job postings get posted before obituaries in most cases for those that die while in the workforce.

@c7 I wrote this with such anger I have a sh-t ton of typos. Oh Wells.

I'm pretty new at this company and it is a sh-t show and micromanaging and you're right, we care about the teamers my a-s. Hey guys back to office 3 days with UNDER a month notice right when school starts to kids. Hey guys laying off 15k of y'all a few days BEFORE Thanksgiving. Run from this place. Like NOW!

@a6 spot on

So glad I took severance last year after 21 years at Verizon what a sh.. show. They just haven’t cared for awhile now. I am sorry everyone you don’t deserve this. I am with a good company now and you don’t know how bad of a company it is to work for until you are out of it.
I just wish you all the best and hoping things work out whatever happens for all of you.

@a6 any company that makes 30B in profit and lays off 15k people after already reducing headcount by 50k over 7 years is absolutely hanging their employees out to dry. There is no reason for Verizon to do this. Just a way to pretend they are like an AI company and not a fully saturated telecom company. Also 11B$ paid out in dividends each year... why arent they cutting that if times are tough?

Thanks for putting your Dreams on hold, neglecting your health and time with Family —your ongoing sacrifice for the company helped increase the shareholder’s stock value and Executive Bonuses by a dollar. Congrats on being a good hamster and running your little heart out on that wheel to deliver whatever random BS metrics we threw at you relentlessly, but now your time is up — pack up your Shiiit and Get the F#@k out. You were never “family” just another asset to be discarded once your useful life ended.

@a7 except the get many more months of pay, healthcare, bonus, stocks. Hardly hung out to dry. For holidays 2026 maybe but not this year.

@a6 I would argue that leaving 15,000 people without jobs — right before the holidays and in a horrible job market— is hanging them out to dry.

@OP everyone should have always been doing that. Its called adulting. Layoffs su-k but they don't hang you out to dry like you're implying. Hard to find a company with a better severance package.

Anger moves you backward not forwards.

My position was eliminated a couple of years ago after serving 9 years. I can honestly that Verizon does very well with separated employees. Everything was done professionally and they took care of me right up until my last day on payroll. It’s rough the first few days but you’ll quickly find there are much better places to work. Good luck.

Just walked my dog 🐶🚶‍♂️ and learned some “incredible” corporate lessons. When he ran off chasing a squirrel 🐿️, I suddenly understood layoffs 😂. When he buried a stick, I realized that’s basically financial independence if you replace the stick with index funds 💰📈. Truly inspired by my canine career coach 🐾✨ #Leadership #RIFWisdom #Finance

No company cares about its employees. "we are a family", "bla bla bla". The company exists to serve the shareholders. So anyone who believes the nonsense the execs are spouting... yeah sorry - this week is what all public companies, all PE owned companies are about. Cut, cut, cut, so the stock price goes up. Nothing else matters. You, me, the next person, no one gives a...

@a1 my manager has been straight up, avoiding me! I think she feels guilty

Just curious what makes you think your getting cut