I have it on good authority that on 11/22 there will be gatherings in every territory nationwide where they’ll talk turkey.
Guess who isn't on the list???
https://campaigns.aarp.org/employerpledge/?cmp=RDRCT-MIM-PRT-SHRMDICONF-ADVT-WORKJOBS-EMPLOYER2018-1018
11/5 Rumors
There are continued rumors about an 11/5 announcement... Does anyone know what this could be?
Texas 2021?
Has anyone heard rumors about going back to Texas in 2021?
It's all a big circle
They did this in 2003. 15 years later they do it again. All they are doing is cutting higher salary employees replace them with lower cost employees. Then they will later rinse repeat in 15 yrs... Circuit City did something like that and look how it... — read more
5G Is a Game Changer
5 years from now, VZ will be a completely different company. 5G changes everything.
Chief of Staff Position (Retail)
What's with the "added" Chief of Staff roles in Retail? Never had them before, why add ANOTHER unnecessary position?
I opted in!
I opted in at 6AM the day it opened. I have enough in 401K, Pension and an IRA to be more than ready. I would have been happy with a regular RIF package so this 60/60 version is like winning the lotto. My boss knows I have long been ready to exit and... — read more
Authoritarian Boss
Authoritarian rule is wide spread as a result of incompetence and deep fear of losing power. My manager will do anything to maintain his inflated title. He drives conflict to feel relevant and create diversions from his otherwise obvious subpar... — read more
Verizon Wikipedia
https://en.wikipedia.org/wiki/Verizon_Communications
VSP -44K
The 44K....So if you don’t take the VSP...Will they just outsource the rest next year to get to the 44K???
There are jobs in IT in other companies, but for some folks it is better to stick around
I actually updated my LinkedIn profile at the beginning of VSP and started interviewing. There are jobs in IT, but none of them come close to VZ's overall package. Some are contracting. Some require relocation, many need 75% of travel. I that is with... — read more
Verizon beats the competitors in every segment
I gotta admit that, in light of all the bad things that have happened, it was nice to hear some good news for a change . Verizon's numbers are looking more than good, the stock is at its ultimate high, and we are beating the competition in every... — read more
Reorg?
Anyone know when the reorg to 3 Business units and 3 markets will take place?
Does anybody know when Verizon will start to wire n.y for the real 5 g global standard
Not the fake 5 g that they are putting out in those other states. Maybe they will not wire 5 g anytime soon since they have fios in that state. Does anybody know Vz's timeframe? 2 years,4years,10 years, is it in the drawing board or maybe it's an... — read more
Verizon Leaks
Where are the Verizon leaks coming from? Admins? How do you guys know all of this in advance and before it's publicly announced. The amount of leaked info is amazing.
Calling all FAEs what are your opinions on the situation we are facing ??
RIF? Contract out? Safe?
Infosys and Verizon struggle with low percentage of employees transitioning
With the fact that not many people moving to Infosys, it will be a big trouble in 3 areas. 1) New hires will not have the domain knowledge and it takes forever to learn. 2) Each existing employee working on multiple projects (covering 2 to 3 staff... — read more
A better approach than layoffs
Quarterly layoffs combined with this big news have completely wrecked morale this year. So many little silos in the business have been trying to protect their empires of work ahead of the large changes. A better approach than layoffs...if a job is... — read more
Companies will go where cheap labor is
Yes, just look at the history of all telecom companies. Many have been having layoffs every month in most USA location who still support 4G (or older technology). The fact of life is, companies will go wherever there is cheap labor from manufacturing... — read more
How is work going for those affected
With some VPs saying more people have clicked than they thought..So sounds like some folks won't be leaving (we really won't know until 12/10).. with people not knowing if they will be working come end of year.. with folks clicking and unclicking the... — read more
What are the reasons..........
awwwww forget it
The advertising business is a ticking time bomb
Correct me if I’m wrong but aren’t all of the big players in front of us in the advertising business. Everybody knew that Verizon wasn’t fit to challenge the giants in this market and that Oath was a disaster waiting to happen. They are far from... — read more
big difference btw verizon and ericson
sweden has cradle to grave benefits here you pay
Onboarding Readiness Activities?
Our management group is in the process of mapping out skills that people in various roles should have as well as on-boarding plans. My assumption is that they plan on hiring newbies to back fill any group that had too many people volunteer. My take... — read more
Reasons why some folks are not taking the package
I'm taking the package.. but I believe there are a few reason some folks are NOT taking it. 1 They believe once many folks are gone there will be room for advancement in the company. 2. They have a family and don't believe they have skills outside of... — read more
Craft employees
EISP for craft next month??
Merging
Wireline and Wireless is merging together Better believe it!!!!
Wireline associate EISP denials
Has anyone been notified that you did not get accepted for the offer? Email / mail / in person? Have any offices not heard anything yet?
This site
I hate to say it but this site and the rumors have been pretty on point. People have been laid off pretty close to when this site says it will happen. I never would have imagined that this company would really lay off 44k people. This is ridiculous!!... — read more
Rf engineering
Im just curious if anyone else in Rf engineering is looking to leave? I have not put my name in just yet but I have heard rumors of us potentially being outsourced. I cant get anything out of my boss
Adding cuts to make the numbers
if you read the latest earning report, they are already savings close to the 2+ b a yr with zero based budgeting, so adding in a few heads cuts it will make the numbers. You cant announce a great quarter and 32b revenue and then go ahead and get rid... — read more
What are your reasons for not taking the package?
Looks like most of the people I've talked to simply don't feel like looking for a new job with only two or three years left before retirement (which I believe is a major risk, and they could end up being laid off anyhow with significantly lower... — read more
Is Verizon hiring?
I was contacted by a Verizon recruiter. Are these fake job postings?
Verizon Lays Off 44,000, Transfers 2,500 More IT Jobs To Indian Outsourcer Infosys
The layoffs and transfers will impact more than 30% of Verizon's 153,100-employee workforce https://www.forbes.com/sites/jeanbaptiste/2018/10/05/verizon-lays-off-44000-transfers-2500-more-it-jobs-to-indian-outsourcer-infosys/#7eec640246f5
Question for those that want to stay
For those that want to stay, is anyone concerned about the possibility of being RIF’d with no severance package since they opted not to take the package?
Has any company in modern history done what verizon is going to do?
Normally, when companies chop 33% of their workforce, they are usually falling apart. You would expect this from companies like bed bath and beyond, macys etc... all of which are getting destroyed by amazon. Verizon is in fairly good shape, good cash... — read more
Stock at an 18 year high
All the union trolls want to say the company is a sinking ship. Cash flow is healthy (better than it has been for a long time). The company beat earnings estimates which caused the stock to surge to an 18 year high. Old with old ideas and higher paid... — read more