Is there life after Verizon? It doesn't seem like it. I got rif'd and went home to sulk as they suggested. It's boring nobody is hiring, too close to the hollerdaze. Money is not really the issue as I git paid through the end of the year with... — read more
Retired
I retired as cable maintanence. Still young but the price was right. Can I reapply??
Top 12 ESG Companies in 2022 - Verizon #9
Thanks a lot Hans and the rest of the Verizon leadership 👍 https://finance.yahoo.com/news/top-12-esg-companies-2022-221329182.html
It’s late 2022, and Verizon and AT&T still can’t beat T-Mobile’s 5G network
Vz is going to catch up in 2023. https://www.digitaltrends.com/mobile/t-mobile-fastest-mobile-network-q3-2022-beat-verizon-att-5g/
Lay offs in wireline
There were a significant amount of wireline layoffs in all areas (finance , product mgmt, product support, network assurance, sales etc). When you cut frontline sales and sales engineers that are customer facing then that tells you there is a big... — read more
Amid flagging profits, Verizon starts another cost-cutting program 2022
Verizon ended a four-year, $10 billion cost-cutting program last year. And on Friday, the company announced the start of another one. "To further mitigate inflation impacts, we've started a new cost-savings program that we expect will provide a... — read more
"Sole monthly Losers"
Verizon, Microsoft stocks are index’s sole monthly losers as the Dow notches record October gains. The biggest loser was Verizon Communications Inc. VZ , which saw its stock fall 1.6% over the course of October even as the Dow DJIA on the whole... — read more
Stores question - is working for T-Mobile any better?
I may have an opportunity to jump. 20% better pay, better store - thoughts?
Prices Up: Hotspots, Latops, Tablets
https://www.cnet.com/tech/mobile/verizon-is-raising-its-fees-on-connected-hotspots-laptops-and-tablets-in-december/
Verizon lays off a ‘small number’ of workers as cost cutting program begins
As of December 31, 2021, Verizon had 118,400 employees. Verizon became the latest telecom company to trim its workforce, confirming to Fierce it cut a small number of employees this week. The operator did not disclose an exact figure for the number... — read more
You’re not working towards your retirement at Verizon, you’re working for your severance
Verizon does layoffs every single year. You’re not working towards your retirement at Verizon, you’re working for your severance. I was with Verizon for 20 years and I was laid off about a year ago. The severance is great, you can also collect... — read more
HR survey on vacation days?
Anyone get this survey? My coworker got it. They are asking about the possibility of adding 2 holidays or adding 2 company-wide meeting-free days.
Does anybody want to trade?
I'd be happy to trade places with anybody who was laid off with severance. After 12 years here I've had enough of this place. It went from bad to worse in the past couple of years and I don't see myself staying much longer. I don't want to just walk... — read more
Prepare for next time
Time to regroup. There will be other things on life so prepare for that eventuality. save 3-6 months of living expenses in case you have to job hunt. make sure that 3-6 months of expenses can cover COBRA for you and any dependents. use... — read more
Verizon Video Pulled the plug on Fetterman Oz debate
Hysterical, Apparently Fios video pulled the plug on the local station televising the Fetterman vs Oz senate debate. Ironically the contract expired and they finally came to terms after the debate. That was the only channel The debate was covered on... — read more
Not just cell customers leaving
26 year employee, just got RIF’d. I realize why this happened. I moved my cell service because VZN couldn’t give their employees a decent discount. They are hemorrhaging customers My team supported the USPS, we used to have at least 6 on a day... — read more
VALLHALLA
Forgive my ignorance, but what is Vallhalla?
RIF - IT Departments
We know about VBG and various Sales Teams. Does anyone have any information about IT? Is EUS safe? What about the Server and Storage teams? Is Network and the NOC safe? What about the Systems Engineering Teams? Out here, they 're not giving us any... — read more
What now?
I gave 2 decades to this company. I dropped out of college to build a career here. Now it's over.
Can someone truly from Valhalla answer this?
The first post about this office was complaining about a party where the union is pressuring people to go and no pension. Now it seems to be people mostly trolling. Can someone from that office give us a rundown of how it really is there?
OP&OO
Any thoughts on OP&OO? We are 8 months in the new structure and this was celebrated on the all hands call this week. Are we safe? Are too big? Are cuts and reorgs all done for this area? What’s your thoughts on 2023…at least we feel safe for now... — read more
Next week
I'm not so certain that layoffs are done. It feels more like the management needed a day or two to see how things are looking before continuing. In addition, only limited areas were hit this time, and I doubt that is the final goal. I think we'll see... — read more
Have you ever wondered?
With the size of the workforce at VZ, have you ever wondered if a few employees go unaccounted for? I read an article about an employee of a large company that existed on the payroll of a company for 37 years. This person was not accountable for... — read more
VZ stock up over 4% beating the S&P’s 2.46%
For all of you complaining about the stock it looks like you got what you wished for…
No Rehire for those laid off?
Someone keeps posting that those who just got RIF’d will have a “Do Not Rehire” designation added to their files, can someone confirm if that is true for those involuntarily RIF’d? I know this was true for those who accepted VSP back in 2018-19. — read more
Severance package?
Does anyone know if we can ask for more? Do we have the right to say this isn’t enough severance? I would like to suck more more from them as they have done to me for years?
Is VZ a buyout target?
A lot of people are saying VZ could be targeted by hedge funds as a buyout who then break it up as the value of parts being greater than its mismanaged over leveraged whole. Personally, I don’t buy this since VZ long ago sold off all its real... — read more
Silly of me to care, but it's my brand
So I received the lay off package, so did my manager, my managers director, my SA, my overlay, my customers had no assigned support other than these people, it is digital assist remote customer support for my customers. So self and enitre team are... — read more
Short Term Incentive
Now that the severance packages for those laid off on 10/27 have been sent out I've seen a few posters write that the STI portion of the agreement will be 67% and paid out at the normal time (March). In the past layoffs I remember this being 100%... — read more
Verizon is on life support in 2023
I was one if thr unlucky ones this week. I was always one of the top performers in every NOC I worked in at Verizon. I seen a lot of other people let go that was at the top of their game. If Verizon ever gets their head out of their a-s and win some... — read more
Those laid off are the lucky ones
Those who get laid off with a severance are the lucky ones. Verizon is a sinking ship that has been led astray by poor management, bad decisions, and years of brain drain leaving the company a shell of its former self. Future changes will only make... — read more
All yall laid off are invited the party.
Valhalla Culture would appreciate the party invite to folks laid off. We got food drinks and fun vibs. Remember $110 fun fun fun. Haters can stay uninvited
We'll be hiring again soon
I'm willing to bet that we'll be hiring for at least some of the positions that were cut within a month. This is about getting rid of older employees who earn more than those on top consider appropriate, everybody else is collateral damage. Once... — read more
Will Valhalla handle the extra workload?
Title says it all, can they handle it?
Don't do the extra work!
For the love of everything sacred to you, don't pick up the work of your laid-off teammate/s. Just don't do it. Find a way to make yourself unavailable and always busy with your own work. If you do it, you'll end up saddled with more work for no pay... — read more
"Small Number" Of Layoffs - Yeah Right!
We all know how big this place is and the right foot doesn't know what the left foot is doing. So we will never know the true number. Only Swedish Meatballs bean counters do... — read more
Hmmm... Who assembled the list for those being cut?
So I am seeing many, many strong performers with excellent team dynamics getting canned while some of the most useless and unengaged people that I have ever seen being retained? Just curious, anyone know what criteria was used in the decision-making... — read more
VZ up almost 5%
You guys wanted the stock to rise! All it took were some layoffs. I’m wondering if the Valhalla people have an opinion on this?
Do any of you people realize how many employees can be cut and NOT trigger a WARN Act notice?
500 people in a SINGLE location is a high bar. VZ can inflict serious damage to staffing and not come close to triggering a mandatory notice. I don’t know where this 2% number comes from, but it is averaging in a LOT of groups who did not receive... — read more