Thread regarding Verizon Communications Inc. layoffs

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If layoffs are really coming, which group do you think gets hit first: tech, retail, or shared services?


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Post ID: @OP+1k8c8p1x5

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First Group - CEO

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Post ID: @ey+1k8c8p1x5

Unfortunately there’s no one smart enough to come with a strategic plan. So everything gets cut equally across the board whether the initiative makes money or not. The entire leadership team needs to be shown the door for this debacle.

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Post ID: @e0+1k8c8p1x5

Every group will get equal cuts minimum. That's the Verizon way. IMO some groups should get more than others but the politics of each leader wanting heads keeps the % the same for each major group. if we want to grow we need to be strategic in these decisions and not across the board same percentage.

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Post ID: @cm+1k8c8p1x5

Wipe them out. All of them.
S.P.

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Post ID: @c7+1k8c8p1x5

All at once

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Post ID: @ac+1k8c8p1x5

I think there could be some layoffs in retail at the director level and above and operations. I also think there are some underperforming corporate locations that could be switched to indirect as well. Rep and Store management wise, stores are already pretty much at skeleton staffing levels.

I think there will be cuts everywhere though

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Post ID: @aa+1k8c8p1x5

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