A shame if all the American skulls Dan collected doesn’t stop customers from leaving and vz misses its numbers.

Does anyone know how much package Shankar taking away? It will be way more than 20M that Dan allocated proudly to upskill riffed employees. Any thoughts or insider info? Does he deserve a package at all? In my mind it should be Zero Dollars.

Mission accomplished, another quarter and another dividend for shareholders. https://finance.yahoo.com/news/verizon-communications-inc-vz-announces-123254918.html

Be thankful you Good Folks are receiving nice severance buy outs. I work for a small firm and they let me go . What I received was 2 weeks pay per year work. So I worked for them 10 years and all I got was 20 weeks pay with no insurance. Good... — read more 

Now that the fat has been trimmed with 13K gone and workload doubling, we deserve a big fat raise come March.

Back in January, I told myself I'd be out of Verizon by the following year, and I really thought that was realistic. Instead, it's nearly 2026, I've been applying nonstop, and the only real movement I got was almost being pushed out instead of... — read more 

Cobra is expensive but with the subsidies not getting extended, anyone thinking about the optimal decision for health coverage?

The slow pace of widespread job replacement by AI is not a reflection of AI's capability, but a direct consequence of organizational dysfunction. Current "agentic AI" systems are only as effective as the structured workflows they execute. The... — read more 

The executives at Verizon who announced their retirements are getting big bucks to leave at the expense of employees. Most who leave have do-nothing jobs with no direct reports until they're off payroll, then get 60 weeks of severance with full... — read more 

The atmosphere at Verizon is now marked by unprecedented hostility and desperation, reflecting the deep impact of organizational change. The coming months will reveal the true nature of workplace relationships under duress. To those departing, you... — read more 

What does everyone think of the new finance operations leadership in Lake Mary?

Dan, this message is for you. Restructuring is a strategic necessity, but the way it was executed has exposed a serious problem inside the organization. Many leaders protected low performers simply because they were friends or favorites, while top... — read more 

Under Schulman's leadership, are VZ noted hub locations continuing to be a prerequisite for employees to be recognized as being valuable?? Or did the previously defined needs for hub locations get rebuffed and eliminated?

I have been in the 90th to 100th percentile of surveys for three years running in my organization. I connect with the customers and have saved countless customers and im not in loyalty. Its bullsh-t.

I'm surprised that more impacted retail employees aren't pushing back especially directors. Do you know why you were chosen? If not, have you asked?

Dan said he won't use Slack. If my little green light isn't on I get an inquiry as to why not. Now I will just tell the bosses to go Slack themselves.

I’m pushing back with HR. I’m fine taking on the work of the slackers we kicked to the curb, but you’re gonna pay me!

Did you get that email this morning too? WTF...sounds like Hatchet Dan doesn't have a plan? I would LOVE to send him my thoughts...but I need my severance pay! LOL

Anyone else required to do handoff work all the way through the 19th? So much for giving us time to look for another job.

I go in to the office three days a week, I have a short commute and I don’t mind because the gym and stores are on the way so I just get errands done I’d do otherwise. However the office remains unchanged from my remote setup. I collaborate with my... — read more 

Any thoughts on what the payout will be for 2025? I can imagine that the targets are made more difficult for 2026 to save money Also can foresee the end of the LTI and other non contractual benefits

It looks like T-Mobile is also laying people off. Impacting managers and directors rather than ICs from what I can gather online but I have no direct knowledge. It’s likely that the new CEOs at VZ and TMUS are engaged in a price war hence the cost... — read more 

A good post from “Neo” in the Citrix Systems forum: https://www.thelayoff.com/t/1kc3j9256 You work for wealthy people that invested 16 billion dollars to make a substantial profit using whatever playbook is at hand. That's just business. Clearly... — read more 

Two members of my team, of the 4 that were kept, keep messaging me to help fix or document items I was holding together. They have been loud about the fact they want me to return. To return as a contractor is that after the 6 month freeze?

Someone posted: It had better be a damn good plan that gets unveiled soon. Based on what he has shown = nothing - is just a CONCEPT of a plan

I joined during Hans' tenure, so that's all I know. But there must have been some good ones, right?

Dan Schulman's headcount cuts at PayPal, primarily in 2023 (around 2,000 employees) and 2024 (another 9% of workforce), were a strategic move for operational efficiency and cost reduction in a tough market, saving significant annual costs (estimated... — read more 

Hi Guys, at a moment in time there were 6. Do the company stills uses 3 ? I cannot track them on flight radar. Think about how much they cost to operate

I will deeply miss Run With Hans, but I am grateful we have something else to look forward to with Dan being a coffee aficionado. Coffee With Dan! It was so cool seeing him stand on stage with his cup of joe and talking about coffee. It really... — read more 

Verizon CEO Defends 13,000 Layoffs Amid Market Share Struggles Verizon’s new CEO, Dan Schulman, has vigorously defended the recent decision to eliminate 13,000 jobs, framing the mass layoffs as an "inevitable" step to save the company from continued... — read more 

We simply can't. My group is already stretched thin, and losing even one more person would wreck everything. We’re barely holding things together as it is. How can they even consider more layoffs?

I was included in the layoffs and a team member just informed me that our boss instructed the team to have very minimal if any communication with me at all through the 19th and after as well. Anyone else seeing this? Not sure what the reasoning would... — read more 

The thought of near-certain severance is the only reason I am still here. Otherwise, I would have left long ago given the uncertainty and constant stress.

We hear the new CEO from his Dec 5th call but what’s next on the roadmap? When in the timeframe that Verizon will again see growth after the Nov 2025 mass layoff? Is Dan really the CEO that can accelerate the change? I wonder.

How's the environment been post layoff? I'm one of the impacted ones, first time ever hit with one. Mostly nosy and just curious. Seems like people are beating around the general question so I felt I should ask.

Where are we with this? Is the BT / Private Equity move true ?

Projects have been cut as part of funding for 2026. But the RIF did not remove those team members. Dan did not announce any new initiatives so now the SDs with no projects are lurking and stealing projects as part of so called reorgs. The VZ... — read more 

Where or how do we return our laptops? Do we initiate it or does our manager?

This is literally the description on the Layoff.com portal Let’s that sink in!!!!!!! We are now 85k barely. We have lost close to 100k employees. This is a effing TITANIC I say. Jump while you can. Indian future CEO is already interviewing. Trust... — read more