https://www.forbes.com/sites/forbesleadershipforum/2012/08/09/10-signs-your-company-is-for-sale/#39a4fb5440b4 Yes, we are for sale. Questions is who is buying the pieces?
Webcast for 11/5
If you are on the fence you will not be after today's webcast. Good luck to all. Single file people single file!
WBG OPS
Any idea what will happens with WBG and the Ops team?
Internationals
I heard international folks weren't offered VSP is that true? any idea why they don't just rif them
Reorg could bring in new severance policy into VzT
Though VzT traditionally has 2 weeks per year severance policy, the same at VzW end has been flat 2 weeks (regardless of number of years of service). With this new reorg that is being brought in, don't be surprised if VzT severance policy is revised... — read more
Reorganization always equals layoffs
Next week could turn out to be really, really bad for a lot of us. If I was offered a buyout, I would be jumping on it right about now. Those who have that option are the lucky ones in all of this. And yes, I know this sounds pessimistic, but Verizon... — read more
Verizon to reorganize business segments
REUTERS - 41 MINUTES AGO By Sheila Dang Nov 5 (Reuters) - Verizon Communications Inc (VZ) said on Monday it will reorganize its business segments into Consumer, Business and Verizon Media Group/Oath. Previously, the largest U.S. wireless carrier's... — read more
Less than a week to make a decision
Anybody else not closer to the decision than they were on the first day?
VZ Conceding Defeat on AOL/Yahoo Acquisitions
We knew this long, long time before: https://www.fool.com/investing/2018/11/04/why-verizon-might-be-conceding-defeat-on-its-aol-a.aspx
Human Factor Dismissed
The amount of stress and strife over the last 30-45 days that has impacted literally thousands of truly good people is just a shame. Aside from the dismissed human factor, it completely dismantled productivity from Sept-Dec. This train wreck has been... — read more
Upcoming actions and gentle reminder
Re-org to be announced in coming days. Mainly doing away with geographic alignments. Workforce reductions across all units, most departments. Headcount slimming down to conform with re-org from de-duping functions. Reductions not covered by VSP will... — read more
The new Verizon Wireless
Now known as the Hansenburg. It too will be a disaster.
High Paid vs Long Term Employees
We often talk about how "older" employees are being targeted with this voluntary separation. This group makes great money and a ballooning pension. The reduction makes sense as VZ can forgo fattening up pensions. However, VZ is on the hook to pay for... — read more
Lean VZ can easily mean less than 100,000 employees
Through RIFs, Offers, Sales, and Spin-offs. Check out the history in the last 10 years: https://www.statista.com/statistics/257304/number-of-employees-at-verizon/
Question for a Customer service tech guy
Long story short - Friend's wife died, husband needs to see memos on her phone but does not know the phone password. If husband brings the phone in to a VZ store, will the reps be able to get the password ? Does he need to bring in legal docs like a... — read more
The whole strategy is to raise the stock value
Omig !!! The whole strategy here is to make the stock explode !!!! Look at the open interest in the option market on VZ calls it’s insane!!! Huge bets !!!!! This is the recipe to do it! F--- innovation ! VZ realized along time ago it could beat... — read more
FYI: Unemployment and Severance in NJ
"In New Jersey, someone who receives severance pay or a severance package from a former employer may also apply for unemployment benefits. As long as the severance is paid in a lump sum, is intended to recognize past years of service, or otherwise... — read more
why will Verizon deny VSP ?
On which basis, leadership will deny the VSP to an employee ? is it at director/VP or HR level? If they deny it , then why the heck they offered VSP, doesn't it guarantee a lawsuit on playing double standards
Voluntary Seperation Program Changes Coming Monday.
I heard today from a very reliable source that Hans will be announcing the following on the Monday webcast: 1.) 60 week cap is being lifted to get more volunteers. So it will be a true 3 weeks pay for every year of service. 2.) Verizon will be... — read more
Corporations have the free hand to pay their employees as little as they want.
This is a very interesting observation but I believe that it goes beyond just VZ and even other companies. It's an issue with the way that corporations have been given free hand to pay employees as much or as little as they want. As an example a poll... — read more
VSP Acceptance odds
What are the odds of them accepting all that apply. I only have 11 years of service.
Which song best describes your mood these days?
Which song best describes your mood these days? The End - The Doors https://www.youtube.com/watch?v=VScS-xRwUqQ You Keep Me Hangin On - Vanilla Fudge https://www.youtube.com/watch?v=R3ChToIvLRM When The Music's Over - The Doors... — read more
Describe Verizon in 3 words
A big employer recently had a 'climate' survey, asked employees to describe the company in 3 words exactly. You can imagine that didnt exactly go as planned. Describe VZ in 3 words : WMH = Work more hours
Where is the union ?
Where is the union for VZW ? Will wireless employees wake up or drink the kool- aid and take the buyout ? Where is the union ? did they make a deal with the devil ( the core ) and say the hell with wireless ? Can 5G be built with illegals coming over... — read more
Where is the Union for VZW ?
Will wireless employees wake up or drink the kool- aid and take the buyout ? Where is the union ? did they make a deal with the devil ( the core ) and say the hell with wireless ? Can 5G be built with illegals coming over the border next week ? Maybe... — read more
Ten Things Upon the layoff
Ten Things Upon the layoff =========================================== Clean up your life, in every sense Do the basics. Update Facebook, LinkedIn, Twitter, if you are not on it, get on it Get a project, any project Network your a-- off... — read more
I think I'll call in sick on Monday.
It's just painful to go to work these days. The waiting is really dragging everybody down. Any so called efficiency is more than shot now. Nobody's smiling at all, nobody's enthused, nobody cares, nobody knows if they will have a job tomorrow. Very... — read more
Verizon Connect
Don’t bother applying at Verizon Connect. They just announced office closures at two key hubs for product, engineering, and IT.
Middleditch
You think.middleditch was offered the vsp? I hope he takes it....
Discounted Verizon Routers
I am a fellow thelayoff.com user but do not work for Verizon. Can you guys hook me up with a sweet discount on Verizon Phone and phone plans? Something spectacular would be preferred, like really cheap iPhones and iPads, hot spots, accessories... — read more
Beancounter leaders and retiree phone discount
Some turkey in the company decides that they could save maybe $25M by cutting the retiree mobile phone discount to 25% and the board agrees. A $130B company that can not treat their retirees with respect by maintaining a discount slightly below... — read more
VSP Take Rate
Does anyone know the take rate % on the Voluntary Separation Plan? What about the total takers so far? What number does the company want?
Applying for Verizon
If Verizon is such a sinking ship...why do people in retail stay? I was almost considering applying but reading through this makes me rethink the decision.
Still undecided
I thought I'd be ready by know, know what to do, but nope. I can't believe it's taking me this long to decide. I hope others are in a better place than I am. I think I'm half hoping that enough people will accept before the deadline and the decision... — read more
WIRELINE
Any info on what’s to come for wireline call centers?
Resource If Anyone Wants It
In no way am I trying to pitch anyone or anything but I decided to take the offer largely due to a lot of the helpful answers I got from the guy in this video. He's talked through it with many others, so if you need advice, input, etc. I'm sure he'd... — read more
Gladly leaving
I am gladly taking this package as a manager with over 30 years. I am one of the few mgrs that can do my job with my eyes closed as I have been doing this job for over 20 years. I agree that a lot of talent is leaving but there was 0 appreciation for... — read more
If you work in retail
Start looking now... Hans is just getting started with this massive cuts... you have been warned glta