Yahoo: Verizon Deal Could Garner 29% Boost In Valuation Jul. 25, 2016 8:06 AM•AAB SeekingAlpha Summary Reports suggest Verizon will acquire Yahoo's core business for $4.8B. Including intellectual property and Yahoo's stakes in Alibaba and Yahoo... — read more
HUMFEST
Today is humfest!!!
YAHOO /AOL HAD NOT ASSETS?
Verizon said is writting off the entire cost of tbe acquisition, as is parting ways with 10,400 employees in "a voluntary separation program," despite the Trump administration providing a tax cut and various deregulatory changes that were supposed to... — read more
Twelve Days of Retail
Twelve stores a-closin’, Eleven whiners whinin’, Ten slammers slammin’, ?
Verizon Pension
Can anyone explain why we lose 2-3K a month in the pension after 55? Is that legal, I have lost almost 150K in the past 3-4 years how is that possible?
Merry F'n Christmas
5 customers, I helped 5 customers all day in our store, all service work, I need to sell at least 6 boxes a day to hit quota, not to mention at least one pull through product every day. Our promo's s---, we have no traffic and not 1 person in my... — read more
Verizon Mobile Plan Discount
If I leave Verizon can I still keep my plan discount? I've been with the company for about 14 months and I work in a store. Please let me know.
9 billion investment now worth 200million And Tim and lowell get to walk away with all the cash while we get to stand here holding the bag
What a joke let me guess we should all forget about our tiny raises to help make up the difference.This is exactly what people are talking about corporate greed
Pure Greed
https://motherboard.vice.com/en_us/article/pa5x4z/verizon-trims-10000-employees-despite-billions-in-tax-cuts-and-government-favors
Lots of openings posted
Good opportunity for some.
Layoffs Loom At Verizon's Oath In The Wake Of $4.5 Billion Writedown
Verizon's $9 billion bet on the digital media business may rank among the worst blunders in the history of corporate America. Unfortunately, extracting itself from the bad deals won’t be easy. Selling its Oath digital properties, including HuffPost... — read more
VSP Plan to Layoff Older Workers?
https://www.forbes.com/sites/jackkelly/2018/12/12/is-verizons-voluntary-separation-a-plan-to-lay-off-an-older-generation-for-a-new-5th-generation/#45167e814253
B2B Commission Changes
Has anyone heard about new commission changes for the BAMs and MAMs in B2B? I keep hearing about changes in January 2019. I know retail has been pretty much f---ed over with their new commission changes.
Curious
Does S-xual Harassment happen in other areas of Verizon and nothing get done about it? I'm curious if the boys club exists all throughout Verizon. NW01is going through a massive issue with s-xual harassment but between employees and the DM, managers... — read more
Employment-at-Will! Does It Protect Employers from Wrongful Termination Allegations?
The session is to be presented by Janette Levey Frisch on Thursday, January 10th, 2019. Many employers make the mistake of assuming that because they have an at will employment contract for an employee, terminating that employee will be a done... — read more
New Commision Structure Holiday Rant.
This post will be NSFW. I’m a front lines employee. After this year’s commision debacle I have a few things to say. I have no hope of this post having any meaning to higher ups in the company or management at any level. I only want to put it here so... — read more
Denied - Ask for a raise?
If I was so valuable to the company that I was denied, am I justified in asking for a raise? Any other denied's doing this?
4.6 billion charge loss on Yahoo and Aol Realy
Okay management worker union nonunion stock holder anyone with stake in verizon I would say you should take acception to the fact that the higher ups made such a dumb investment when everyone else could see it was a lost cause .They lost billions... — read more
SMB
I’ve noticed they are not filling SMB roles when someone leaves. Including a manager role. Anyone else notice this.
Denieds. Will you remain with the company long term?
How long before you make the jump that you were expecting too already?
VSP cost to VZ
“The company [Verizon] expects a severance charge of $1.8 billion to $2.1 billion in the fourth quarter, according to a Tuesday filing with the Securities and Exchange Commission. “ Certainly this will help VZ to reach 10B saving for next 3 years.
How much of the wireless/ wireline business did we lose?
Someone has said total employees for wireless and wireline is 94k. Is it safe to say if there are 94k Verizon wireless and landline employees (not counting OATH and other brands) and the buyout was offered to 44k of these, with app 10k taking the... — read more
Could have been worse
While this situation was handled far from perfectly, I still think Verizon did a good thing by offering voluntary buyouts. It's certainly better than just laying off people left and right without any input from them. This gave me an opportunity to... — read more
Legacy wireless vs legacy wireline
Does anyone know how many employees are in legacy wireless vs. legacy wireline? I’m curious out of the 44,000 offered the buyout, how many were from each side. I know we’re one company, but how many work on the wireless side and how many on the... — read more
Union
What’s next for the union, hiring or layoffs?
10 billion?
Cutting 10k jobs puts a tiny ding in the 10 billion $ goal... What's next and when?
In case you were wondering, Infosys is hiring
They are hiring your replacement. It’s only ever been a matter of time. Boy I feel bad for those staying behind.
Happy to see Verizon move away from filthy peddling of customer information!
The 'media business' (in terms of revenue) was not so much about creating and selling media as it was bundling and selling information about the people who viewed the media. It is a business model that is falling in disrepute (Facebook) and other... — read more
In January Verizon Expects $4 Billion Boost From Tax Cuts
and today they have to write off 4+ Billion loss ont he bad AOL /Yahoo, LOL, what a bunch of mo--nS
Farewell to a few of my closest friends
I've been given a 12/28 LDW. So I'd like to say thanks to this board for years of amusement. I feel I have gotten to know many of you intimately despite a wall of anonymity. In particular there are a few tropes who merit a special tip of the hat... — read more
# of Employees
Does anyone know how many IT employees there were impacted by InfoSys? One news article said 30% of Verizon employees were impacted by InfoSys IT deal. Is that true? If so that’s around 45k employees. That’s can’t be right, can it?
"Financial Advisors" swarming like flies now
Three connection requests on LinkedIn yesterday and three more today so far. Sorry dudes, I have had my own local guy for many years now and thanks to his quarterly adjustments to my Fidelity portifolio investments via screen shots, my 7 figure 401K... — read more
Realignment
Anyone know where SMB will be? Retail or B2B?
Verizon unlawful practices
Need a good employment laywer. Anyone have any recommendations?
Now that this is over...
...when will we finally find out more about the next step? Whether it is layoffs or whatever else?
CNN: "10,400 Verizon workers quit their jobs. That's a good sign for the economy"
Geeze, CNN is dense! It's not like 10,400 just decided to up and quit, one day, because the economy is allegedly so great. It was more like someone holding a gun to your head. You can take this pile of money and walk away, or I'll shoot you. "Oh, so... — read more