Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Could it be better here?

The best have left. Others are looking for a way out because almost no one is happy here. I wonder if it can be any better here? What would have to happen for this to be a good workplace again?

This was foreseen

Verizon pi---d off all their employees, laid them off. They gave them no incentive to keep verizon service. Tmobile is cheaper even with a verizon discount and their service is faster. Verizon also doesnt give their employees customer service. They... — read more 

Wireline and Wireless should breakup/split

Wireless can take Hans, VZ India, Inf0$h!, GTS/IT, Shanks, Sampath, etc and try to be the Global “big tech” company that they are not. Good luck! Wireline will go back to being a successful, American, telecommunications company.

The crux of Verizon's problems

https://www.fiercewireless.com/wireless/crux-verizons-problems-entner#:~:text=Verizon%20isn%E2%80%99t%20suffering%20from%20a%20large%20size%20that,honorary%20doctor%20of%20science%20degree%20from%20Heriot-Watt%20University.

Honesty

They already knew how bad big reds numbers were by the end of May. It's a complete farce and what we've done is put lipstick on the pig with the new KPIs. Frankly, it's going to become increasingly hard to stay with big red as it begins slowly begin... — read more 

RIF???

Anyone hearing about a RIF in fiancé?

Time for change

Han's missed his goals. Based on the goals he set, It is time for him to be fired.

Very Sad State of Affairs

Hans started at CEO 4 years ago. Stock price around $54. Today, it's $10+ less. Quite a decline. Seems like all the Citizen, DEI, and other cr-p diverted attention from what he was supposed to do, which was run a business and grow it. Time to take... — read more 

12k sub added in 2nd quarter??

I thought I heard this wrong.....I wonder when John Legers no compete clause is up, bring that guy in. We all thought tmobile was a joke, then he came in and they eat are lunch, breakfast and dinner. Do we have the best network yes but we can't... — read more 

NBI RIF 7/21

Seems to be around 70% laid off effective August, the rest closing up shop and gone by year end.

Buy the dip today?

Any thoughts on loading up on stock today. We still have an excellent dividend and I expect the stock to drop today based on our lower guidance.

Problem with Loyalty Offers

Not sure if anyone can help me here. I cannot figure this out and I am hoping someone here figured it already. Anyhow, loyalty offers are not attaching on plans changes. I can make it work when I change plan then go back in and enter loyalty offer... — read more 

Positive changes in the last few years

I no longer expect things to change for the better here, because I don't think that will ever happen. It's high time for me to leave. Isn't it sad that it is almost impossible to remember any positive changes that have happened here in the last... — read more 

Pedro says

"If you vote for this contract all your dreams will come true!"

It matters who you lay off

When those on top think cutting the highest earners is a great idea it shows how little they know in reality. Getting rid of the best people results in a workforce with ever-diminishing capabilities. Yes, they save money but they also incur future... — read more 

Rumors are flying

Thursday morning still it would seem that for some reason untill they figure out a really good spin on this extension we have zero info.Instead we now have rumors gallore!!!We have heard everything from huge raises with jacked up medical cost to no... — read more 

Major issues

Wasted my time here. This is a company where issues are just piling up, and nothing is being solved. I have been working here for a long time and we have had the same complaints for years. There are definitely many issues and now it's getting... — read more 

No news still from unions

So i gotta say i find it a bit uneasy that its now Wednesday evening & the unions still seem to have trouble laying out a few basics from what they were even negotiating.I mean if its not too terrible of a extension then it should be pretty basic... — read more 

Yes

Yes no one is faulting that they want to get things in print to present but no one even knows what we or comany were or are asking for .I really think that even before being presented official things to vote on we needed to have input and time to... — read more 

Contract extension

Does anybody have any info about what was.agreed too in this new extension besides WFH

IT Billion Dollar Contract - End Date?

In Sep 2018, we signed a $700 million dollar contract with Inf0sy$ for them to takeover most of IT. Then in Jan 2019, we added another $250 million to that contract. Does anyone know how many years was that contract for? Was it extended? How are... — read more 

Everything is so disorganized

I started working at Verizon two months ago. From the first day, I've been overwhelmed by how disorganized this place is. My old workplace had its issues, but at least it was well structured. Here, it's pure chaos. Everything I start to do needs... — read more 

No EISP for you

Gatt rate went up today. Contract extended today. For the people that could go but were hanging on hoping for a EISP you just lost probably lost over 100,000.

Verizon Bargaining Update

posted on Ibew222.org and twitter this morning (and since removed without comment) The IBEW, CWA, and Verizon have reached an agreement in principle on wages for a three-year extension to our current CBA. All other items are to be reviewed tomorrow... — read more 

Forced out of town

I am in a POTS area that does not have fiber not will it ever. Before Covid hit they combined the construction and maint into one group then told us we were going to fiber training. The training was put on hold because of Covid. On Monday I was... — read more 

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