I'm curious if the impacted employees' employer legal entity will change on Jan 1? That would indicate some sort of manipulation of assets (ie transferring assets across legal entities) or accounting re-baselining. I also think they realized they... — read more
Is Silliman a fan of layoffs?
Are layoffs in his DNA?
What will be Craig Silliman's main CEO agenda?
What will he focus on? Cost cutting? Innovation? Acquisitions? Recession? What do you think?
Verizon strategy boss turns attention to 5G-Advanced
Verizon strategy boss turns attention to 5G-Advanced 10 OCT 2022 LIVE FROM MWL UNWRAPPED: Rima Qureshi, EVP and CSO at Verizon, promised the US giant would pull the trigger on 5G-Advanced very soon after standards were ratified by the 3GPP, while... — read more
Craig Silliman the next CEO
You heard it here first folks. The Swede we need is out and Craig is in.
Homie for the holidays
Homie for the holidays is gonna look a whole lot different this year.
With a large RIF coming 10/27 can someone tell me
why any of of our current C-Suite executives are still employed when T-Mobile's stock has a +20.36% return YTD and Verizon stock is negative to a tune of -30.17% YTD. How do shareholders allow these people to collect a bonus with this sort of... — read more
Who might buy Verizon?
As the stock price continues to fall, we may be getting to a state what we could become a takeover target. Who do you think would consider taking a run at us?
Is Verizon A Buy Or Sell Ahead Of September Quarter Earnings?
https://www.investors.com/news/technology/verizon-stock-buy-now/ VZ Stock: Market Share Losses Craig Moffett, analyst at MoffettNathanson, recently downgraded Verizon stock to under-perform. He noted that "whether it's total phones or postpaid... — read more
The only pro about working at Verizon was being laid off
That's it. I can't think of anything else. I can think of plenty of cons, though. Awful pay, incompetent upper management, the company that doesn't appreciate its employees and uses every opportunity to show that by cutting benefits and not rewarding... — read more
Ronan and Tami have disappeared from Verizon Executive Bios
Who's next to go?
I just interviewed for Fios in NY
Is this job safe? I hope it's for Garden City since the interview was for Long Island. I'm kind of scared I'll get put in this Valhalla office from all these comments on here.
Can't wait for the draft
I can't wait for the draft. Stock is tanking so much we're going to get the number one pick. Who do you think we'll draft at #1?
VZ share price $37.84!
I hate my life. I am stuck with a boatload of VZ shares, purchased at $55. It seemed like a good investment at the time. It just keeps going down, down, down and down.
Why does Garden City get a Culture Club and new hires yet the other offices don’t?
Why are some offices getting treated more favorably than others? Why did the union negotiate a culture club for them? Where’s the party at so we can all crash it?
The worst of the layoffs is yet to come
These rifs coming up will be larger. That’s the fastest way to make the numbers look better and the numbers don’t look good right now. This is it in a nutshell. We are looking at major layoffs because we have management that is incapable of fixing... — read more
CEO’s preparing for recession
Hans is the exception and is sticking with his esg commitment per Fortune article... — read more
Why did the union negotiate new hires for Garden City only?
What about the other offices in New York? We need some relief. I’ve been at it for over 6 years now and some have been at it for over 20. Where’s our new hires?
Anything RIF rumblings in BR/Lake Mary Finance?
Seeing a fair amount of speculation on here on the business/consumer side. Any noteworthy rumblings going on within finance /acctg in BR or LM?
Give Hans a bonus!
VZ share price $38.94.
interesting topic coming from network systems
interesting topic coming from network systems. this new svp only eats with white people. shitload of people have gone from the cmpny and more in pipeline. wnt more such peeple. fun times!
4Q VZPulse survey which launches on Oct 17
Giving and receiving feedback is how we know what matters most and can make the V Team experience even better. That’s why well-being, along with overall work experiences, will be the focus of our 4Q VZPulse survey which launches on Oct 17. We want... — read more
Where are the new hires in the Northeast for C/S and FSC?
They’re supposed to hire 225 reps where are they?
one year out of this toxic company/union
ONE YEAR SINCE I RETIRED FROM THIS DISGRACE OF A COMPANY/ UNION . RUNNNNNNN. THERE IS DEFINITELY LIFE AFTER THIS HE-L HO-E.
Home for the Holidays is running a bit different this yr
(VBG)Normally with larger RIFs we're instructed to cut a dollar amount from our overall salary pool; do it however you want....if there are 2 higher salaries in the team you manage and they can be cut to achieve the $200k reduction as opposed to 3... — read more
Failure means success, success means failure
Verizon is the place where the right people fail up and the wrong people find that success means becoming a threat which means being laid off or fired. It makes little sense to anybody outside of the ELT but it explains the company's failing results... — read more
Cult-ture Club
Anyone got the culture club in they office? That just started it with us and they forcing us to do a holiday party and the union be up in your face pressuring to go. This ain’t union! They on some company stuff BS You guys were full of it when we in... — read more
Just find a better place to work
Of course, every employee here has many reasons for complaints. I did too for a long time until I realized that it was just a waste of energy. What will our opinion and complaints change here? Nothing. I hope that you are directing more energy into... — read more
Are we?
Sending line crews from around the country to florida? I hope so, I'm rearing to go!
Can We Stop Using The Term Leader?
I Don’t live in North Korea. There’s no Dear Leader here. Why do I have to make myself a lesser by referring to some id--t boss as “my leader”? So degrading and stupid. These mo--ns will never be my leaders, nor will I be subservient to them by... — read more
Too woke!
We going broke. Leadership is incompetent and worries abkut metrics and politcal correctness too much. Knee jerk policies are getting ridicoulous as well. They are running things to the ground.
The CEO Has No Network
McKinsey swindlers arrive at the Basking Ridge office an CEO who spends lavishly on frivolous ideas at the expense of employees and shareholders. Posing as experts, they offer to supply him with magnificent network that has no connectivity to those... — read more
What makes people think that their job is safe?
Never assume that you don't have to prepare for being unemployed. And yet, maybe there are still people who think that their positions are safe? I know from experience that there are always such people, who later regret ever thinking that their job... — read more
Welcome to 30s VZ stock!
Starting to feel a lot like 2008 with this dawg that can’t hunt.
Be aware. Major RIF coming
Be on the lookout for a few things getting removed from or slowly phased out of workload in the next few weeks. You’re not part of long term plans leader finding any reason to provide official coaching. Needed for ratings leader being distant... — read more
To the genius who thinks VZ is headed to $20 a share
Not gonna happen. You have NO IDEA what you're talking about. A stock like Verizon will only fall so far because then the dividend yield becomes attractive and people pile back into it.
Yay, VZ shares at $39.43
Keep up the great work Hans! We should be around $20.00 by end of the year.
Layoffs are not done
Do we have any idea when the culling will continue?
Dividend Death Watch
Looking at Verizon’s cash flows, I honestly don’t think they can sustain their fat dividend much longer. Servicing the $140B in debt (I mean what genius thought levering up to that degree was smart) is going to cost a LOT more as bonds roll over at... — read more
Doubled salaries
I am trying to get a better offer and all I have been offered so far are only slightly higher salaries. On the other hand, here I read about those who doubled their salaries after they left here, and some even got more than that. It sounds too... — read more