Thread regarding Verizon Communications Inc. layoffs

Cost vs Location

It’s clear Dan and the board are focused on cost and the location strategy is dead. No point having offices only 30% full and paying 100% cost. Further rifs are going to reduce sites below critical mass. So which ones are in danger?


by
| 36 views | | 19 replies (last March 22) | Reply
Post ID: @OP+1km2hdsa5

19 replies (most recent on top)

@fa Denny had no power or say. Just the yes man that got his daily orders.

by
| | Reply
Post ID: @rt+1km2hdsa5

@bb Decisions about site directionality will be made over the next several months. Every owned non-directional will be put up for sale.

by
| | Reply
Post ID: @r4+1km2hdsa5

@cn That's 100% true. Sell by building or by floor

by
| | Reply
Post ID: @r3+1km2hdsa5

@ey John Stratton and Denny Strigl for the win.

by
| | Reply
Post ID: @fa+1km2hdsa5

@c9 John Stratton has vision. He could have led the company to new heights.

by
| | Reply
Post ID: @ey+1km2hdsa5

Heard that Verizon is going to monetize all their locations..

by
| | Reply
Post ID: @cn+1km2hdsa5

@bn which SD told you?

by
| | Reply
Post ID: @cj+1km2hdsa5

The real estate team has horrible strategy… or the lack of one!!! Talentless group that are just taking orders from people who have no clue running the business. With our cr-p facilities who wants to come in anyways. AT&T is building a NEW campus… TMo has a new campus and building more. Our offices su-k!!!! The real estate and facilities team are the shittiest in the world. And yes Penn 2 isn’t happening. They let go of our good vision leaders… enjoy the ride to the shithole. Dan’s and Alfonso’s shithole that is. And the facilities show how bad they are.

by
| | Reply
Post ID: @c9+1km2hdsa5

@bn Chat GPT is telling me Verizon is looking to sub-lease it

by
| | Reply
Post ID: @c5+1km2hdsa5

@bt why ?

by
| | Reply
Post ID: @by+1km2hdsa5

My building closed at the end of the year. I was made "Home working"

by
| | Reply
Post ID: @bx+1km2hdsa5

How can they justify keeping employees from locations that shut down and allowing them to work from home while the majority of the rest of team is in office at hub location!? They will cut those remote people before they cut people at hub office.

by
| | Reply
Post ID: @bt+1km2hdsa5

Fyi - 2 Penn is gone according to my SD

by
| | Reply
Post ID: @bn+1km2hdsa5

Rolling meadows has pretty light attendance, but I believe they just renewed the lease in September of last year so I don’t see it closing, not to mention it’s a “regional” hub

by
| | Reply
Post ID: @bk+1km2hdsa5

@ay you are spot on that is absolutely the case

by
| | Reply
Post ID: @bg+1km2hdsa5

Say goodbye to Lake Mary.

by
| | Reply
Post ID: @bc+1km2hdsa5

There is an official list of “VZ Directional Sites”. The trick is getting your hands on the most recent version of it. I had an old copy but I’m sure it’s outdated already.

by
| | Reply
Post ID: @bb+1km2hdsa5

@as to be pristinely clear -- that is the Verizon location could be on the list to be closed.

Not necessarily those employees at that Verizon work location!

by
| | Reply
Post ID: @ay+1km2hdsa5

There’s some obvious sites at risk. Take a look around you right now in the office,if there’s more empty seats than occupied you’re probably on the list

by
| | Reply
Post ID: @as+1km2hdsa5

Post a reply

: