Thread regarding Verizon Communications Inc. layoffs

Found this on the web...

The retail stores that are turning franchise are the following.

  • Under performing year over year (all metrics, not just growth)

  • overlapping/ redundant stores, including stores in congested markets (example, districts with stores within a 30 mile radius from each other)

  • locations with upcoming expiring leases

  • locations that have not been remodeled

  • Mall locations (all)

The cuts outside of stores closing will be support channels, R2B reps/managers, Sr operations analysts, training, director consolidation, sr director consolidation, market presidents and VPs and their support teams (executive assistants, etc.) Retail stores with 3 assistant managers.

#Layoffs #Retail #SiteClosure #WorkforceReduction #Telecom
by Anonymous
| 2304 views | | 10 replies (last November 18) | Reply
Post ID: @OP+1kac9kfg0
Comment! It's anonymous!

10 replies (most recent on top)

@ad No. Just No. Don’t spread misinformation.

by Anonymous
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Post ID: @af+1kac9kfg0

Where did you see this on the web?

by Anonymous
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Post ID: @ac+1kac9kfg0

Verizon is now losing physical presence which will hurt customer base even more. T-Mo stores and kiosks are everywhere. Magenta (the color) is eye catching attracting customers. Adios Verizon. You’re done and will never catch up to the competition…who are hiring soon to be ex-Verizon employees.

by John Legere
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Post ID: @ab+1kac9kfg0

@a8 it don’t matter I’ve seen super under performing stores get renovated and then a year later closed and converted to indirect. I worked at one of the busiest stores in the Territory and it took forever to get our remodel

by Anonymous
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Post ID: @aa+1kac9kfg0

What if a store that has been remodeling is severely underperforming compared to a store that is a top performer and wasn’t remodeled? Both are within a 30 mile radius. I wonder which is safer

by Anonymous
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Post ID: @a8+1kac9kfg0

@OP all Mall locations?

by Anonymous
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Post ID: @a7+1kac9kfg0

@OP All store support or consolidating to align with district and territory consolidation?

by Anonymous
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Post ID: @a5+1kac9kfg0

Also wanted add more to this:

"lots of off shore cuts including customer care teams and managers"

by Anonymous
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Post ID: @a2+1kac9kfg0

Finally someone who is posting the TRUTH, Thankyou!

by J.Doe
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Post ID: @a1+1kac9kfg0

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