5 year accomplishments: Hans gave excessive VSP in 2018 to employees Hans has had more VCG leaders than Jet QBs Hans was in control of extra 55B spent on UWB Hans has taken stock from 62 to 36 Hans brought back RIF from VSP
severance pkg
Is it common practice for severance pkg to payout in 3-4 weeks after separation? I was told that my payout will take that long.
Useless managers are a nuisance
I think I will leave mostly because of the manager. How many times have useless managers gotten in the way of you doing your job to the best of your ability?
Cannot Help Himself Nor the Company. Really!
Is it any surprise that the autobiographical update on the recent 'soo-per' leadership conference by the self-aggrandizing star of Consumer would suddenly disappear once his scent, fingerprints, and DNA become just too unmistakable? The next... — read more
WARN notice says 183 jobs to be cut
According to NJ WARN notice, 183 positions will be cut by Aug 26, 2023. Perhaps people have already been notified.
New CEO for Verizon Needed? Your opinion is valuable.
Is it time for Verizon to get a new CEO? For Yes, click on +1. For No, click on -1.
Spill the beans
Come on people. Spill the beans. What’s going on with OP&OO?
The safest positions from outsourcing
It is evident that increase in outsourcing and automation is the future of the company. I wish it wasn't, but it's pretty clear that top dogs would be happy to outsource everything they can. That's why I wonder if there are any positions that can... — read more
Verizon, Long Term Deal at Current Stock Prices.
https://seekingalpha.com/article/4613566-verizon-stock-mvno-threat-overstated I see Vz hitting 60 to 65 in the next 5 years or less.
RTO in August
It’s official, just heard it from my union He said they will start posting notices soon and back we go. It’s gonna be interesting to see how this goes. Probably another way to get people to leave.
Did VZ CEO meet India's Prime Minister this past week when visiting the USA??
Many US multi-national corporations and their CEOs met the Indian Prime Minister during an official US visit this past week in-person or at the White Office Oval Office.
Next move for the sinking ship
Company gets parted out piece by piece, government bailout, merge with another telco but would cause trust issues, death by papercuts, or bankrupcity. Just sumed up the sink ship. No way to fix this thanks DEI. This place is a joke. No one has had... — read more
Change your priorities
Honestly, when I see how much some of you are working and trying, it confuses the heck out of me. Haven't you learned by now that the only thing you're going to get at Verizon for hard work is more to do? Change your priorities, focus on your... — read more
6/23 must be a popular day, AT&T cut a ton of employees today
AT&T tech here…huge bloodbath for the mgmt side today. It’s in the thousands. I know we’ve cut over 70,000 since 2020. It’s much the same over this way
Poor Attendance
If terminated for poor attendance do you still get severance? Is that considered with or without cause
Ericsson, Kista, Stockholm, Sweden [Telephone Stock Company of LM Ericsson]
In June 2018, Ericsson, Inc. and Ericsson AB have agreed to pay $145,893 to settle potential civil liability for an apparent violation of the International Emergency Economic Powers Act (IEEPA) and the Sudanese Sanctions Regulations, 31 C.F.R. part... — read more
la fin
It’s been a fun one. Tomorrow is the end. Good luck everyone
The end is upon us
I don’t believe we have until August or October. Tomorrow when we go on, I believe the email will say 06/24. Best of luck, enjoy your little vacation
Spys
Does anyone else feel that there are spies for companies like T mobile or the dish working at Verizon steeling our secrets and taking our business theres alot of suspicious people that seem to have a extended employment history that could be telling... — read more
IT Engineering
Is your leader an engineer?
ratio for Verizon's direction
It is simple and the equation is arriving at the results. summed up in a ternary decision: result = (talkers > doers) ? 1 : 0 0 = true 1 = false if(false) Yay! we are successful else Errp, find other job. This is an AI description of... — read more
How likely would it be that Verizon would keep people who's first choice was VSP?
How likely would it be that Verizon would keep people who's first choice was VSP? With E-Time showing up out of nowhere, could this be to ease the blow for some who may not get VSP if it was their first option.
Has anyone heard of more upcoming rifs in CMO?
Heard through the grapevine there could be more rifs. Morale is very low and everyone seems to be on high alert.
Be prepared come Friday!
Massive amounts of E-Time being offered in customer service. They offered part of last week and this week from Monday through Thursday, but why not through Saturday or Sunday? Sounds like cut will be made Friday. Meetings have been added to customer... — read more
Verizon (VZ) to disband, eliminate, the entirety (95%+) of Information Technology by the end of November 2023
Verizon's strategic plan to disband all of IT, outsource within the US and/or offshore to India. This strategy will reduce the VZ employee headcount by another 5,000 people.
Verizon: An Attractive Dividend Hides a Value Trap
https://finance.yahoo.com/news/verizon-attractive-dividend-hides-value-170518691.html
The leadership has greatly weakened this company
Cuts have become a constant, the remaining good employees have no motivation to give their best, the greed of the leadership continues to weaken the company. How much longer will this go on? There are those of us who still care and wonder when the... — read more
Early retirement penalty
I thought in the last contract. They agreed to suspend the early retirement penalty? ( If you have less then 30yrs and under 55 )
ATT & TMO Have Satellite Partners. VZ Doesn't
VZ asleep at the wheel again. https://www.businesswire.com/news/home/20230621154227/en/AST-SpaceMobile-Confirms-4G-Capabilities-to-Everyday-Smartphones-Directly-From-Space https://www.engadget.com/t-mobile-starlink-partnership-012539605.html — read more
I feel better Now about the future
So after todays all man call with management I feel better they definitely have convinced me that the future in verizon is bright .Guess there may not be any cuts after all.He even said hiring people wow
All aboard the titanic
It’s sure sounding more and more like Friday will be the end for customer service, especially with them offering E-Time for the whole week. Saw a lot people burned out by stress and pressure taking it
D-Day June 23rd
Why is E-Time being offered in such abundance? Especially since we only find out the our off boarding date, June 23rd or do some think June 23rd will be off boarded?
June 23 & November - 2023
Take training classes on the company dime if you can - I'm speaking to you IT. Use Personal Days. Make use of your benefits NOW. Use their medical/dental/vision assistance. Update your resumes. Train yourselves. Use the remaining time to improve... — read more
Dividend Problem
https://finance.yahoo.com/news/verizon-attractive-dividend-hides-value-170518691.html
Who is left at Verizon?
The way things have been going, within the year the only ones left will be people waiting to retire and bottom of the barrel. That's it.
Verizon (VZ): Dismal Leadership, Share Price, Dividend, and Competitive Threats
A.) Sell Verizon? A.1) Considering Verizon's financials, its dividend is unlikely to survive in its current form. Should income investors sell? A.2) Although free cash flow covered the dividend cost in 2022, the payout is in more trouble than it... — read more