Toys "R" Us has asked the bankruptcy court for permission to pay $16 million in bonuses to its top executives - they are almost bankrupt, and will likely not going to be able to make it - they want to break leases and dramatically downsize, no... — read more 

Watched as the carnage occurred then was marched out myself. System Performance & Ops got the brunt. Seems they targeted older personnel mostly. Engineering seemed unaffected with a few exceptions. Sad day indeed.

Lost a lot of people today.. The office environment couldn't be worse. I was told point blank by management - 'There won't be any on-shore development of any of our applications'. How is THAT for a morale boost. We are expecting another wave in... — read more 

I'm bewildered by all these people who feel betrayed or lost or emotionally harmed because the company has repaid their perfect attendance or stellar reviews or all-around perceived value with an unceremonious layoff after 20, 30, 35 years of... — read more 

Nothing like this happened even in 2008/2009, and the atmosphere feels far, far worse than even those days did. 15 years in Ops and now they dont need me all of a sudden? Don't tell me this is "Normal" or "temporary" It ain't, and when you get your... — read more 

The unlimited wireless plans that Verizon Wireless recently started offering have changed their economics projections. Was laid off today in Southlake. Hired during the glory years when you paid under per minute plans - highly profitable but gone due... — read more 

There's no way Big Red will let go Retail during the holiday season. I hear Retail will get hit early 2018. That's just the way life goes! Sell, sell, sell for greed and for you to be unemployed soon. Hope you're happy with the change!

Received my notice today 10 AM. Struggling because two other people in my group kept their jobs who had developing twice in the last 4 years . I hadn’t been here 11 strong all performing . Really going through the emotions on this right now . Sad... — read more 

Take some time reading "Latest Posts" where you will discover, much to your shock and awe, that this is going on everywhere, not just Verizon. There is a REASON Verizon is laying people off, and it's quite simple, no matter what lies management... — read more 

Cary, NC Network Operations is being cut 12-15%. We will be seriously strained over the next few months. RIP Enterprise customers.

Layoffs are hard on those left behind too. They company will try to overload you with work. Say no. Set boundaries. Your whole team has to be on the same page. Really good advice from another thread that I thought belonged on the front page. Verizon... — read more 

All Quality Auditors let go today.

I personally took the Severance package on the east coast. It was voluntary. $50k + $2200 per year with 6 months benefits. 47 people out of about 150 in our office took it. The micromanaging and over all vibe in the office was horrible. Glad I’m out!

This starts the first day of my new work life. I have been making contacts and actually found a couple of things in telco networking. I am sure it’ll be tough for a while, but things will fall into place... I’d like to offer an unsolicited advice to... — read more 

[sarcasm] Verizon Human Resources group is hiring a senior HR Specialist who have about 30 years of experience in Legal Matters on Laying Off People diplomatically and without much hoopla. This HR resource should be preferably female with singing... — read more 

Does anyone know how many people affected today? I just read an article saying it's less then 4%. What they mean by that? More than 500?

#VerizonSpouses -- I know I'm not the only spouse/significant other of a Verizon employee that's been freaking out all day (and maybe checking this site every few minutes). If anyone needs to chat, I'm here. I know we all want to think our spouses... — read more 

Serious question, here it goes: if I sold hundreds of iPhones just this year, would that make me eligible to apply for a position at Apple? I've been busting my behind for years here, think it's time to move on to greener pastures. And couldn't think... — read more 

Do you have any clue how many retail employees were hoping to be let go with a severance package??? This is a bad, bad sign for VZW. I hate my job more and more each day, bunch of liars with no morals. VZ will get served what it deserves. Karma... — read more 

My dad just got laid off... After nearly three decades with the company... He is crushed... I've never seen him look so defeated... I feel so helpless and angry... The best I can do is drop any service I have that is provided by Verizon... I know... — read more 

There have been multiple RIF's (reduction in force) today so far. An unknown amount of people yet to go. We all understand that Verizon is not the leader of the industry anymore and to regain their loss they cut people but not the executives that... — read more 

I saw few people let go here including few managers. I think approx of 10% reduction of workforce.

I don't know how many RIFs I survived, every time they try to cost-cut, they start with us. I just can't take it anymore. Even if I survive this, I'll start looking. Anywhere but here. This constant waiting for a shoe to drop, and then feeling lucky... — read more 

All they preached about is Fiber Fiber and more Fiber in all their webcast...Lots of good Fiber folks and groups gone today....not even safe in the one fiber project...Good luck to Hans...He'll either have learned his lesson from getting fired at... — read more 

800 are gone under Nicola Palmer ...Sys Perf, Field Ops, Real Estate,you name it. A straight 10 percent.

Post any updates to this thread

Post any updates in this thread

https://techcrunch.com/2017/11/16/latest-round-of-verizon-layoffs-at-oath-affects-4-of-staff-globally/?ncid=mobilenavtrend

@TheLayoff: Reads: ‏ 11/16 #Verizon #Layoffs: We are receiving multiple user reports about large $VZ layoffs today

I think I'm done with Verizon. They let go of some of our best folks today. That's no way to treat your long-term employees that helped build Verizon. The layoffs and the anticipation that lasted for months have caused me enough mental harm. I'll be... — read more 

We lost nearly half of our team. There is five of us left. We were pushing it when it comes to hours as it is, how in the world do the hire-ups expect us to do our job without half of the team? Will we be expected to work 70 hours weeks? I know I... — read more 

I’m so tired of the endless stream of older customers wanting help with the most basic $hit. Then they want to have a conversation. I’m like sir sir, plz GTFO! I have jobs lined up but I want to be able to say laid off vs quitting.

KSMO lost people who were in sys perf, RF, and transport

Indy lost approx. 30 people in network and real estate this morning

Nothing going on.

Read this: http://matrix-radar.com/2017/09/a-lesson-in-fmla-damages-fmla-retaliation-in-layoff-costs-verizon-big-money/ TLDR: if you were given a Developing rating in the last couple of years, and it was supposedly not due to FMLA, but in reality... — read more 

Do we know if we have another culling of the older folks who earn more due to their years with the company? I know two people who were shown the door today, both are over 50. Is this just a coincidence, or has this been the prevalent age of those who... — read more