Just in case there’s some inside information that I’ve missed… I want to know if there’s any way to tell if my location’s going to be affected, and what patterns to look for. I haven’t been with the company very long. Not familiar with layoffs in... — read more
Layoffs happening now
Calls are going out to leadership in certain teams today letting them go. These calls will continue all the way until next Friday as they sort through all the people affected. Be aware.
Merry RIF-mas 🎄( Home for the Holidays)
Merry RIF-mas 🎄, thanks for all the hard work and sacrifice. Thank you for putting your Dreams on hold and neglecting your family and health for the sake of making the shareholders and Execs an extra dollar in their Bonuses and Golden parachutes. ... — read more
Any updates on VBG r2b/b2b?
With stores closing it doesn’t look good for r2b. Will they move them out of stores or RIFd entirely?
Communications Freeze.... Brrrrrr
Heard an email went out recently announcing communication freeze for Nov 17-23rd... Trying to hold back the bad press or leaks?
CEO RIF/reorg
Verizon to cut 15,000 jobs as new CEO restructures company Verizonplans to convert 180 of its company-owned stores to franchises as part of its downsizing efforts. This move is included in a larger strategy that involves cutting approximately 15,000... — read more
wE cANt mAKed AnY mOnEy!
For the full year 2024, Verizon reported a consolidated net income of $17.5 billion, a 50.73% increase from 2023. Full-year 2024 earnings per share (EPS) were $4.14, compared to $2.75 for the full year 2023. We can't make money..... so we must cut... — read more
PayPal Hires
At the rate we’re going, the entire C-Suite will be former PayPal executives. I use PayPal, can I be spared from the Riff?
Overstimulated
Anyone else just wishing for all of this to be over? The anxiety of waiting is so detrimental to everyone's health. Office is quiet as a church mouse, I do not know if it was leaked from within or one of the disgruntled SVP's earlier this week who... — read more
Shut it down and move overseas
Hey Dan. Do us all a favor and shut it down here in the US and move the whole operation to the Philippines. Quit playing games, just get it done.
RIF Number
First off, I don’t have any inside information that every one is clamoring for. I do want to say that the number of layoffs(15k) being thrown around can be exaggerated. No one from VZ has come out and said how many people will be impacted; Reuters... — read more
Anyone else getting the Office Space attitude?
Lack of motivation: Peter states that there is no motivation to work harder because he "don't see another dime" if the company produces more units. Meaningless work: The film criticizes a workplace where employees are unfulfilled and their work... — read more
Another PayPal Hire
Dan has yet added another prior colleague to the team, EVP Chief Transformation Officer...Be nice to folks so they can take you w/them wherever they go ;-)
Dan the Hatchetman hired another PayPal buddy
Seriously? Hiring his friends, paying them a LOT of $$$$ while thousands will lose their jobs. “Transformation” = mass employee layoffs
Housekeeping reminder - Save EOY reviews, save personal files
Send mid year and end of year pdfs to your personal email. It’ll come in handy to update resume If you have any personal stuff on work laptop, remember to send it to your personal emails/laptops. Better to be safe Incase access gets restricted or... — read more
This is more than employees being riffed
This round is employees. Next round The Company is literally eliminating groups. Any business that's been struggling to make money is gone. They make no money in advertising because yahoo was a failure, they make no money in fleet, no money in video... — read more
No one is out of the woods, even if they survive this round!
Told by my friend ( band 5) that no one is out of the woods, even if they survive this round next week. They are cutting 25% across all levels now, later teams will be merged, projects will be discontinued and leftovers will be discarded possibly in... — read more
Verizon is crazy for keeping us anxious for WEEKS!
I am not sure how Verizon's employees will bounce back. I see many creating resumes and trying to find a job. Once the layoffs are done, the employees who were meant to be retained will also leave. I don't understand how the leadership doesn't... — read more
Since a bunch of mo--ns hijacked my last post ..
I'll ask again. Why did VZ publicly deny the layoff rumors and then days later leak the news and every source reports 15k job cuts?! Was this Franz's first task in office? This is not an effin DEI question, so keep your DEI comments to yourself or... — read more
Severence Package Details?
Does anyone know anyone who was laid off yet and can she'd light on what the severence package is this time around? 3 months plus your STI? No STI?
Why did VZ publicly deny the rumors
And then days later leak the news and every source reports 15k job cuts?! Was this Franz's first task in office?
A General without an army?
When are the leadership going to realize they are just a part of the overall machine…if they don’t take the employees with them this whole thing is going to fail…badly
Leadership advice from Ivan Seidenberg
Reflecting back on the past 25+ years....wow we really had great leaders who built Verizon the right way in Seidenberg and Denny Strigl. They literally started from the bottom and moved up to CEO. It's been downhill in leadership ever since... — read more
RIF
If you got laid off, how would you handle your 401k? Are there rules that need to go about?
Thanks to Non US-Born Leadership Including
Has Met with Indian PM Last year and promise more jobs Now Verizon has 8000 US jobs to Indian on top of that All The IT Jobs moved there then HCTEL 10,000 Plus given to India Verizon Leadership Sold the employees for Kickback Top Kickback taker :... — read more
My RTO Success Story
Thanks goodness for RTO. My productivity is way up. So much so I wanted to share my successful office routine: 9:00am: Well actually 9:23am because you know, traffic. Roll in sit down. Get that laptop out and for it up. 9:32am: Laptop is logged... — read more
Let’s be real
1 out of 5 employees aren’t pulling their weight. Everyone just thought of that person, did you… it’s okay… I did too. Now picture work without them.. If this doesn’t resonate with you, maybe you’re that person….
Make America Great Again
Whatever happened to make America great again??? 15k Vzw coworkers lives will change come next week. Corporate America greed wins again. I’m here refreshing this website to see if anything new comes up. I’m paranoid , I can’t sleep , what happened to... — read more
Verizon Value Being Sold to Peter Adderton Mobile X
David Kim and team will be leaving to go work for Peter Adderton, the former owner of Boost Mobile. Dan is selling and exit under-performing businesses. I think we can all agree that Verizon Value is not valuable.
If I am RIFed I am taking my five lines to
MINT MOBILE
Is it just me? 🥱
Anyone else feel like just coasting until next Thursday’s announcement? Not motivated to do much until I know one way or the other.
From Basking Ridge to Basking Ridge Robbins
A Christmas story following Hans who, after getting fired from his CEO job, becomes an ice cream scooper at baskin Robbin’s, meets his true love, and discovers his true passion for ice cream. By hallmark.
Report showing 200 items under Kevin Z
So kudos to people keeping slacks open to the public, most people probably saw the 29k reference. However I found a new one showing 200 people under Kevin Z... also OWBPA report was referenced. So it looks like the retail rumors are definitely true... — read more
VPs if you’re reading this
If any VP is on this thread please just tell us how you decided who to layoff. It’s happening at this point. At least you’ll save us having a speculate for the next week. I know you’re supposed to be tight lip, but please please please. Just tell us. — read more
Update 11/13/2025
Total head count by Q1 2026 will be over 35K employees accross whole company. That’s been confirmed by higher ups in my department. They are mostly going after call centers and stores. AI implementation. Band 3 employee
SVP postions
For the SVPs and VPs that were notified, what happens to their roles? Do they just get replaced with someone new? Do their teams get moved under other SVPs or VPs?
When will ADs be informed of who that have to terminate/exterminate by phone?
Does anyone know when the AD is officially informed?