Wireline employees will be given pay cuts instead of raises. The goal is to get all employees in the same band by title and wireless employee salaries are much lower. This is not a BS post. It is the truth.
Constant changes in job description
Is this normal for VZ? I've been here for a year and my job description has changed three times in that time. Is this normal? I find it annoying, to say the least. When I accepted this job, I accepted it knowing I was good at what I was supposed to... — read more
Ceo replacement
https://www.foxbusiness.com/technology/mika-worlds-first-ai-human-like-robot-ceo
GNT - Global Network & Technology - NOC, Field. Engineering, DevOps; etc. RIF's will Continue to save costs, and increase shareholder value for
Be Aware - GNT - Global Network & Technology - NOC, Field. Engineering, DevOps; etc. RIF's will Continue to save costs, and increase shareholder value for investors. Higher salaries RIF'ed saves Verizon more money.
MANAGERS REQUESTING YEAR END TO BE COMPLETED BY 11/9
Should I be worried about my job ? I just applied at McDonalds hope to hear from them soon before I get axed here.
Confimred: One More RIF round before EOY
Approximately 600 employees and a larger number of contractors. I don't know what groups are impacted.
engagement hubs RTO
is this really about getting us back in the office again? have there been any recent return to office notices for any groups?
HCLTECH
Who can provide more information on this? Supposedly there deal starts tomorrow. What groups are getting bent over ?
You may have to due without a contractor but you'll have a job!
All the team meetings are sharing the great news about great numbers. Hans and his directs are finally getting things right. There are always pockets of adjustments every quarter to cull the folks that simply don't show up, often replaced within... — read more
The gap has narrowed
TMO now has 71,000 employees. VZ has 100,500. Was 75k to 117k. Craig won't stop until we have the same number of below.
Show of hands
Who else regrets not taking their VSP?
No wonder they’re so cheap, it’s practically slave labor.
Gotta love infosys!!! They’re such good employers. https://www.theregister.com/2023/10/27/infosys_founder_70_hour_week/
Allowance Letters
Anyone else getting allowance letters from Verizon in the mail?
Any one in NY get their offer?
Got one today
6G home garagin
Yooooo how we do well yet we get bummed by vz !!!! How you tell me 6G will me home garage !! This is wrong ! You hate me cuz you aint me. Bronx reppin we hate reps they deserv nothing we good That my peace
Very Few Employee Jobs Nowadays
Here's the headcount request questions: Can an India SOW worker do it? Can a Vz India contractor do it? Can a Vz India employee do it? Can a US SOW worker do it? Can a US contractor do it? Why do you think you need a US employee?... — read more
Looks like T Mobile and At&T did layoffs today
It’s only a matter of time Verizon pulls trigger but what departments? They just laid off 15k customer service reps and shipped those jobs across sea. What else? Haven’t been able to sleep in days just thinking I might end up flipping burgers a... — read more
Pushed to 11/9
Heard RIF was pushed to 11/9. Anyone here anything different?
Quiet for RIFmas Eve
On the eve of what we expect to be the biggest RIF of the year, and this board is silent. Either much ado about nothing or VZ has gotten better at concealing its plans. What gives? Who has intel? I heard VBG and VGS impact this time around…
Major News Coming Tomorrow
Seriously
Verizon stock soars to its best day in almost 15 years
Verizon stock soars to its best day in almost 15 years Verizon stock closed up more than 9%, making it the communications company’s best day in almost 15 years. The company beat its earnings per share and revenue estimates. The last time Verizon... — read more
Surplus
Just received an email from one of the union financial planners for associates. Appears a surplus was declared today in NYC. Don't know the numbers but definitely inline with previous posts regarding late October notifications of layoffs.
Verizon results su-k less than people thought they would su-k
Wow, VZ financial results su-k less than people expected. As such, even after a big gain today, VZ stock is DOWN "ONLY" 15% YTD (compared to S&P 500 being UP 10% YTD). Overall, revenue and earnings are both DOWN year-over-year (just not as far down... — read more
Admissions of failure
They did a tremendous job detailing the fall from number one spot. Amazing how this level of failure and no punitive damages to ones that let it happen... — read more
I heard there’s a big announcement tomorrow…
…anyone know what it is?
RIF - Why don't they just ask?
Why cannot leadership ask someone's preference to stay? So many on our teams have quiet quit years ago, just holding out for severance. They were skipped over the last three layoffs. They would probably get more volunteers. It would let people... — read more
If history is an indication, this is the week
Last several years we have seen RIFs on the Thursday of the last pay week in October. That is this week, October 26. Good luck to all
What is Verizon’s future
Stock has been declining for 5 years and work is drying up . Maybe a management reduction bumps stock a little but doubt it . Would love an offer , but that really doesn’t make up for loss in 401k and pension loss . Hans needs to go .
Verizon Fios
NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- To support its broadband expansion across the East Coast, Verizon is in the process of hiring 1,800 additional technicians. The roles will primarily focus on building, maintaining and installing Fios home... — read more
You think you’re safe, nope! Get out when you can!!!
Miss the good old day’s when Verizon meant pride and actually cared. Verizon, never thought it would end up as such a joke and failure. No matter your position, title, pay, Start looking. It ain’t easy. It’s embarrassing and THEY DO NOT CARE!... — read more
Self Assessment
Why do most people that come to this site and keep blaming others for their own misery? I understand that VZ is a cr-p hole of a company. Stop complaining about this and that and look yourself in the mirror and make that darn change you are... — read more
What's up with all of the downvotes?
I know the people downvoting think it's funny, but it's not. You're like the climate activists that hate oil but fail to acknowledge all of your stuff is made of plastic. Even worse, you never accomplished anything in your lives and have nothing... — read more
“Game of Phones”
Seems as though the family from the Far East has made its move in this game of Fire and Ice. https://www.bloomberg.com/news/articles/2023-10-13/verizon-vz-taps-sowmyanarayan-sampath-to-revive-mobile-consumer-business