Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Verizon to cut

So hearing that by november they will cut 3000 Thats management,reps,ect thats country wide so thats not that bad .Most are probably on contract and not even full employee.also not hearing anything about a union associate buyout package

Why isn't St Patrick's Day an Official Holiday?

A disproportionate number of Paddies fought to free the slaves during the Civil War. See Fighting 69th and the Irish Brigade? As well as a disproportionate number of medals for gallantry in all wars awarded to Kelts from Ireland and Scotland. ... — read more 

No Juneteenth at verizon

So verizon talks a good game till it might cost them money.I mean the correct thing to do would have been a company wide Holiday ,But Nope get to work or you will be fired no approved personal days either get to work.Thats how you know its all fluff... — read more 

Package question

In general if a package was offered what month was a it usally offered in ?

Not Up To Speed

https://www.cnet.com/tech/mobile/verizon-t-mobile-at-t-a-look-at-which-carrier-has-the-fastest-speeds-at-theme-parks/

by
| 1093 views | | no replies yet
Post ID: @OP+1naKqUUf

How much do you care about this job?

On a scale of 0 (I don't care at all) to 10 (I care a lot about keeping my job here), what would you say? A I'm asking because it's just amazing to me that even those who are pretty comfortable here say they don't care too much if they lose... — read more 

You didn't do anything wrong

There hasn't been performance criteria used in years ! Just ask hundreds of us who have been riffed before yourself who had great reviews, were considered the go-to persons for advice/questions/problem solving. They aren't sitting down with managers... — read more 

Good leadership would at least think about it

I constantly hear people saying that they don't care if they end up on the layoff list. A few years ago such thing was unimaginable to hear because everyone cared about their jobs. *Maybe it's time for the leadership to seriously think about... — read more 

We don't have a performance based culture

We have an environment that is toxic from the top to the bottom and that favors bu-t-kissing and yes-men over hard working individuals who actually contribute to the bottom line. Can somebody tell me when did Verizon turn into this shitshow? I know... — read more 

Found the problem

In our latest all hands meeting it was asked that, while 1Q 2023 earnings were strong, why did we see a decline in other financial KPI’s? The response was that we would pursue only deals with good margins, and not waste resources closing on deals... — read more 

Wireline/wireless Cuts

Again today heard rumor once again that the wireline inside &outside union folks will be offered a enhanced package to leave as is allowed in their contract to get headcount down.Along with on the wireless side they will be cutting headcount in... — read more 

Who Knew?

Who Knew that all it would take for the stock price to rebound was a whiff that Hansy may be ousted? Also - Any idea why TMO has been tanking? Are people asking up to the fact that it is like all of the other Telecomms?

Finally?

https://www.reuters.com/business/media-telecom/verizon-searching-new-finance-chief-potential-ceo-successor-wsj-2023-06-12/

Can’t wait.

Waiting to find out when my layoff date is and I had a few thoughts. I am not upset about losing this job. Who can keep their sanity with only 60 seconds between nonstop calls having to kiss a-s all day long. I never felt a desire to move up the... — read more 

It's not that bad, stop being afraid.

I was caught in the 4/29 RIF, and let me say it has been a blessing. I see a lot of people worrying about future RIFs and I just want to say that the brief period of discomfort is worth it. There are many better companies with competent management... — read more 

VZ's EVP: Strategic Planner

This week, we brought Verizon’s top leaders together for our June Leadership Forum to discuss the state of the business, our company priorities, and how we’re executing our strategy. Market changes might require us to adapt, but our strategy remains... — read more 

He needs to be fired

What does Hans have to do to be fired? Imagine if all of us did our job as poorly as him. How quickly do you think every single one of us would be fired? Yet somehow instead of being fired, he's given extra bonuses and pay raises. How is that even... — read more 

Verizon debt problem is becoming quite noticeable

Verizon Communications (NYSE:VZ) Use Of Debt Could Be Considered Risky Simply Wall St April 4, 2023· So many articles out there about the fact they increased their long term debt from 89 billion to 164 billion to help line the pockets of the holders... — read more 

Sinking company

The atmosphere in general is getting worse and there is less and less hope that this company will ever stop sinking. How much longer will it take before it hits the rock bottom? I don't want that to happen, but I am no longer optimistic about the... — read more 

Rumor

Heard today that the inside managers are going take the brunt of the riff Soon after the inside associates that are union will be offered the enhanced eisp the ones that are not they will just cut.Thats how they will get their 15-20%

Hearing rumbles 2 stages of cuts coming

So hearing 15% to 20% more management riff coming !!The first round got the ones with time who may have been ready and was more targeted this one is gonna shock the ones that dont know its coming.Then second stage of this cost cutting after summer... — read more 

by
| 3770 views | | 13 replies (last June 11, 2023)
Post ID: @OP+1n1aaKIl

GME livin the life!

https://amp.cnn.com/cnn/2023/06/07/business/gamestop-fires-ceo/index.html Hey investors. Try this!

What Amazon Wireless Would Mean for AT&T and Verizon Dividends https://www.marketwatch.com/articles/amazon-wireless-att-verizon-stock-dividends-

Just the thought of Amazon.com entering the wireless telecom business—as Bloomberg reported on June 2—was enough to send shares of Verizon Communications and AT&T tumbling. It also sent their dividend yields to mouthwatering levels. Their yields are... — read more 

Offer the union field techs a package

Lets face it the few techs in field left have over 30 years or close to it there are no young ones so if verizon wants to get everyone off payroll why not let all field techs go on their way ??Then there would be no reason to riff the managers who... — read more 

Why do I torture myself with Up to Speed?

Each time they promote Up to Speed, I hope that it will provide some meaningful information. Instead, it is continually as unfulfilling as our stock price over the last decade. Save some money by ceasing this senseless corporate communication.

Increased workload

I'm really interested in how the team will function after everyone's workload has been drastically increased. That is, I'm wondering who will be the first to leave. Do they really think that placing such a burden on the remaining employees is a... — read more 

Who owns the majority shares in verizon

Verizon Communications is not owned by hedge funds. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 8.3% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 7.9% of common stock, and State... — read more 

by
| 1880 views | | 9 replies (last June 6, 2023)
Post ID: @OP+1mYexBaJ

Start a new thread - post a news comment, question or message:

: