We work at a company that has been notorious for cutting headcount roughly 10% or so per year during golden economic periods. Does it really seem far fetched to think a company like ours, that knows shareholders will LOVE the idea of a 15-20%... — read more
A RIF is not imminent....
The return to office policy is being discussed. It is anticipated a certain percentage of V-Teamers will voluntarily separate due to the new policy. New Return to Office policy estimated end of Q2. NO RIFs until Verizon determines how much head count... — read more
Do you believe the rumors about 15-20% headcount reduction in 2023?
Or do you think the people saying that are trolls?
Why are there so many Senior Managers and Directors?
I just don't understand it. There are managers with no direct reports, layers and layers of managers who just sit around shopping on Amazon. Never seen anything like it. The guy who said they're firing management is probably right because there... — read more
Are there going to be cutbacks coming to Verizon
read company wants to cut 23% of their capital expeditures.does anyone know if they a going to reduce the workforce,depts,programs ,OT,,etc
Latest Rumor I heard is ....
Milk and cookies for everyone!
Everything I know about layoffs:
They are trying to keep this under wraps for now and they seem to be doing a good job of preventing leaks because nobody else seems to be saying much about it. This came up after the conversations around "capital investment reduction" and Verizon... — read more
Winter is coming.
It's every man for himself and every woman for herself. 2023 will be the most aggressive volume of layoffs that this company has ever seen, on a % of headcount basis. 15-20% reduction in force.
How Determine Layoff
Does anyone know how candidates for layoff are determined? Is by timesheets? Salary?
Layoffs coming
You've been warned
Indirect Account Managers
Is this the year indirect account managers are eliminated or outsourced? Att outsourced years ago, tmo I’m not sure. The position isn’t side by side selling anymore. How long does Verizon hold on to that position? On the flip side, if more... — read more
It's happening! Massive layoffs just got approved
So from my meetings this week this is what is happening as of now. Wireline is gonna see a 20% reduction in head count over the next 6 months Wireless will see 15% reduction in the consumer group over the next 3 months 20% reduction in business... — read more
Verizon Dream Role Phone Interview Tips
Finding your calling can begin with—well—a phone call. ☎️ With your future on the line, it’s important to bring your “A game” to phone interviews. Our recruiters laid out some tips to make sure you stand out. For more interview prep pointers, head... — read more
Verizon execs talk ‘tweaks’ and ‘consumer investment’, amid improved customer numbers
https://www.rcrwireless.com/20230105/carriers/verizon-execs-talk-tweaks-and-consumer-investment-amid-improved-customer-numbers Speaking at the Citi 2023 Communications, Media & Entertainment conference, Verizon CEO Hans Vestberg and Chief Technology... — read more
We heard from Hans and our leadership team on what we need to do to win 2023
Hans and our leadership team should look at themselves in the mirror
Rif rumors
Anyone hearing anything?
How is this NOT a conflict of Interest?????
ATT and Blackrock are entering into a Joint Venture to start Gigapower which will be a wholesale fiber provider, see link. https://about.att.com/story/2022/gigapower-joint-venture.html The issue is that Hans Vestburg is on the board of Directors of... — read more
Close the offices and work remote
I find it surprising that VZ hasn’t considered closing all of their corporate offices by now. Talk about huge savings! Why lay off people when you can shut down offices? That would save big money on building debt/rent, property taxes, electricity... — read more
I'm out of here
I've made the decision to leave. I'm glad I did - Verizon has turned into a joke. I'm so tired of nepotism, cronyism, bullsh-t politics, and watching the Titanic sinking as those who run it do nothing to help. Anybody with half a brain knows it's... — read more
Hans & the World Economic Forum-Davos January 2023
Hans is the Chair of the WEF Edison Alliance which the goal is to create digital inclusion for all. Seems like it would require a decent amount of his time as the chair. How does he have time to lead VZ at the same time? Or this is something that... — read more
No vision
I don't know if our leadership has a vision for this company, but if they do, then that vision has not been well communicated to us. Personally, I think that they have completely lost control and that they mostly rely on luck, and not on... — read more
What was the last round of severance like?
For the October layoffs, how much severance was offered? Was it 3 weeks for every year still?
T-Mobile data breach: you could claim up to $25K — but you'll need to do it soon
T-Mobile data breach: you could claim up to $25K — but you'll need to do it soon https://www.kiplinger.com/personal-finance/t-mobile-data-breach-you-could-claim-up-to-dollar25k-but-youll-need-to-do-it-soon? More than 76 million T-Mobile customers... — read more
Lump sum surprise
Anyone else notice that their January and February lump sum numbers dropped this month? I expect drops in the 3rd month projection but I've never seen month 1 or 2 estimates change
Another bad year for Verizon ahead
More debt, more layoffs, more heads buried in sand
Stop with the condescending "last day" posts
We all know you're just trying to rub it in that you didn't get RIF'd. STOP.
Good Luck If Today if Your Last Day
For those RIF'd in Oct. today is your last day. For those who wanted to leave, good luck in your future endeavors, I'm sure you'll do great. For those who didn't want to be RIF'd but were unfortunate enough to be too old, make too much money, or... — read more
How long before VZ becomes the next Southwest.
I am coming up on my 29th year and continue to see the decline in VZ. I am in Network and like the operation side of Southwest upper management will not listen to their engineers. They are more interested in the financial side and until they spend... — read more
Final Day
For those that today is your final day at Verizon, we who left before you thank you for your work efforts. Life exists after and you will rally to a great career elsewhere
AT&T, Verizon, T-Mobile Could Dodge Millions In Location Data Fines Thanks To Industry Attacks On FCC Nominee Gigi Sohn
Mobile carriers, including AT&T, Verizon, and T-Mobile, could temporarily avoid paying $200 million in privacy penalties because of the Federal Communications Commission’s partisan split, according to a report from The Wall Street... — read more
Selling Off Copper areas
I just overheard our director on a conference call talking about Verizon to sell off non fiber areas that only provide DSL. I know they tried this before here in Pennsylvania but Frontier wanted the whole state not just certain areas. I just heard... — read more
Fire the Verizon advertising company for terrible commercials
There are many issues that have contributed over the years to the significant decline of Verizon and its stock: poor leadership, poor leadership decisions and self serving consultants that we pay millions to for their strategic guidance and... — read more
Ready to leave after seven years of pure misery
I'm determined to leave Verizon in 2023, whether I have lined up a new job or not. I've been unhappy here for too long but I've also been a major coward to do anything about it. Well, not anymore. I've seen too many of my coworkers walk away and... — read more
January 2, 2023
Mandatory day to work unless you put in for the entire week off.
Tasks that spoil work
In my specific case, the manager assigns me too many tasks that are pointless. Not only does it put me in an uncomfortable and frustrating situation, but then others also think that I'm not doing real work, that is, that I'm just pretending to... — read more