Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

My old department called me

My old department asked me to come on as a contractor after my 6 months was up I laughed and told them no

Eisp rumors

Rumors were coming out of the ying yang for months and now nothing! What’s going on? Is it poor planning? Maybe the company doesn’t know what direction it is going? Anyone hear anything or did the eisp go away until the end of the contract?

Verizon to purchase Frontier, Centurylink

Big Red, in a push to gain momentum with 5G and FTTP, will acquire both Frontier and Centurylink. Frontier’s value has fallen since the purchase of California, Texas, and Florida and will be at a heavy discount. Centurylinks value is in its fiber... — read more 

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| 12810 views | | 9 replies (last September 29, 2021)
Post ID: @OP+XW2A3ah

Incompetent management

The real truth is these managers, directors have no idea how to plan and deal with negative times. They are like deer caught by the oncoming headlights. They are blinded, ill prepared with no planning skills, for that matter they don't even know what... — read more 

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| 1670 views | | 7 replies (last March 12, 2019)
Post ID: @OP+XWfP6M1

Relo

Has anyone on this page received a relo package before? How is the relo amount determined? Share some figures and relo distances if you don’t mind.

March VSP

Does anyone else feel like our management team hasn't used this extra time wisely for those of us transitioning out the door in March? There is no one hired to take over my work as of yet and they keep giving me a ton of stuff every day. What will... — read more 

Do VSP get 3% in 401k

For those of us that took VSP in December does anyone know if we will get that deposited in my 401k? How is it calculated? 3% of total salary including sti?

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| 1030 views | | 4 replies (last March 12, 2019)
Post ID: @OP+XVg2rzg

Stock Bonus Forst Half

Has there been any news on the stock bonus we were supposed to get? Is that happening at the end of this month? Is there anyway to tell how much we will actually be getting?

Question for the people in closing stores

Before the closings were announced, did you have any indications that it might be coming? Or did it come as a total surprise? I'm just trying to figure out if there is a way to predict ahead that a certain location is slated for closing, so that I... — read more 

An Example of a Growing Company

Aldi. Unfortunately they're not American, they're from Germany. In 2016 they had about 25,000 employees and about 1,600 stores. In 2016 they announced a capital growth program and funded it. This included remodeling about 1,400 stores (making them... — read more 

B2B Sales Changes

Notice how your quotas are all sky high and all the intense micromanagement lately? Yeah, they are cleaning up to gear up for 2.0. Here are the rumors so far 1) WBG and MAMs will be merged. Bottom performers from both groups will be sent to the... — read more 

IT VP's Getting fired

2 IT VPs were fired but not IT CIO yet. Lot of discussions around they favored vendor companies. Truth is Shankar Armugavelu and Vivek Gurumurthy favored Infosys. All IT VPs should be fired except 1 or 2 and most of the ED's and D's. Hire or Promote... — read more 

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| 7670 views | | 22 replies (last March 16, 2019)
Post ID: @OP+XQfMGx4

Can we expect any shifts by the end of the year?

I doubt that they will stop reorganizing the company, especially since 2019 is a year in which the company needs to take shape before the 5G rollout. What moves will the leadership take in the context of further reorganization of Verizon and when can... — read more 

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| 1104 views | | no replies yet
Post ID: @OP+XQOyH9R

Selling Management to Infy

Hans should have kept just his direct reports and the first layer managers from the bottom and sold off every directors, VPs, and sr managers to infosys at 3 for 1 price and kept all the talented IT employees to the company. That would have saved the... — read more 

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| 1720 views | | 9 replies (last March 1, 2019)
Post ID: @OP+XQvxzp9

ESP vs VSP

VSP was a choice and those on VSP should be very much thankful of vz for their paycheck so far and for the fat VSP check that will be on their way and repay back vz with their best intentions but ESP are the ones who barely escaped the slave trade... — read more 

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| 2540 views | | 7 replies (last February 28, 2019)
Post ID: @OP+XQk0BEc

Contract extension

I am not complaining , but why did VZ give that 5 year extension ? Work is slow , no o t and a lot of temps . Some of us probably won’t take an eisp if offered because we still have 4 years guaranteed . So what did they do it for ? Is a sale coming ?

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| 1810 views | | 8 replies (last March 1, 2019)
Post ID: @OP+XPhgHQZ

Any thoughts on AT&T and Time Warner merger?

Will it affect us in any way? Other then more people with same knowledge and expertise being laid off from both companies and saturating the job market in our field? Which, in all honestly, is the only thing I'm worried about. The harder it is to... — read more 

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| 710 views | | 3 replies (last February 27, 2019)
Post ID: @OP+XPLEf9M

Offer imminent late March or early April

Survey was sent out to local managers to find out how many people they can let go, company wants all the retired in place people gone. Also, company wants to get rid of the do nothing millennial temps that think they are owed a job and hire the good... — read more 

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| 3870 views | | 16 replies (last April 10, 2019)
Post ID: @OP+XPITEfe

VES

When is Hans going to get around to doing something with the VES org. Absolute bunch of unethical management running this org unchecked. Boundaries they silently cross is beyond compare. Outsourcing to Manilla and marrying the folks they train, or... — read more 

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| 1850 views | | 6 replies (last February 28, 2019)
Post ID: @OP+XP0CDZV

Writing on the wall

Don't like layoffs. But if you're in a bisuness unit built around a product, and the Swedish Chef announces a new org structure built around customer type, the writing was on the wall. This. How can people still be surprised by or unprepared for... — read more 

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| 1505 views | | no replies yet
Post ID: @OP+XN36e0I

Obviously, they are satisfied with the Infosys deal

I’m taking the rumor about further outsourcing very seriously. It’s something that’s very realistic and logical. Obviously, the earlier wave of outsourcing to Infosys work out for the VZ leadership, in terms of cost-saving and what was achieved with... — read more 

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| 1620 views | | 5 replies (last February 26, 2019)
Post ID: @OP+XN0WPl1

STI Payout for those RIF in 2018

Did anyone who was let go in 2018 get the short term payout on Friday 2/22? I assumed those RIF would get the payout same time as current employees?

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| 2470 views | | 8 replies (last March 4, 2019)
Post ID: @OP+XNEsiHU

Verizon Connect, Thank You

Last Thursday was rough for the Verizon Connect world. Many great people got let go from departments that directly work with our customers. All while the motto is putting customers first, yet the company will run leaner and have unmanageable... — read more 

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| 4100 views | | 13 replies (last February 28, 2019)
Post ID: @OP+XLl9LTO

Negativity

Doesn’t anyone have anything positive to say about the company they work for or does everyone truly believe the company is getting rid of all its employees?

The company doesn’t want a stable workforce

Sad to say this, especially as I have in my mind that the business looked like 10 or 15 years ago. The fact is that a career process of getting a job working hard, expanding your knowledge, skills, giving everything to the company and then retiring... — read more 

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| 1850 views | | 6 replies (last February 25, 2019)
Post ID: @OP+XLOrBQ4

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