Does anyone know when the AD is officially informed?

If this is true, the impact could bring the whole company down. You can't just cut 15,000 people and hope the ship does not eventually sink....just sayin...

thats when you know your company is run by id--ts and cares jack about the v-teamer

News just reported Verizon upped it to 20,000 jobs loss, I’ve also heard internally 30k. I have a question, is engineering sc--wed(SWE)? At one of the main locations, recently got promoted, and am a bit worried. In early career, hired as a college... — read more 

Most employees prob have an average of 3 Lines on their account. 15k layoffs equals losing -about 45k subscriber lines - and another bunch of home internet lines.

I have been having nightmares since the news broke out, Not able to focus, moral is low, zero motivation to do anything. Not willing to put in any effort until I know my fate next week. I mean whatever happens happens but next couple of days are... — read more 

Nobody knows anything. I'm not saying layoffs aren't happening but seems to me nobody has solid proof of what's actually happening on the 20th, if anything at all. All these news articles are saying same thing word for word and it's all taken... — read more 

Verizon is in this situation because of poor leadership, which was replaced with poor leadership, which is now being replaced by more poor leadership. Just once, has any of these feckless leaders held themselves responsible? I mean they blame the... — read more 

So many new unnecessary threads. Impossible to read them all. We went from 1 or 2 a day to 10 an hour. This is ridiculous!!!!!

Cutting 15,000 employees should save the company mucho dinero (after the initial cost outlay). That said, hopefully those let go will receive a good severance payout…including health coverage, STI and remaining stock plan.

My interpretation of the articles going around is that this is affecting “management” employees meaning HQ. Retail is its own thing and they are not categorized the same in the financials. Retail moving to indirect and/or closing down will be its... — read more 

They see the news and now know nothing will get installed correctly lol

If you were in a Roundtable discussion with a VP does that help your chances? LOL

I hate what this is doing to me. I am here looking at my coworkers and praying its one of them and not me. I don't want anyone to lose their job, but of course I prefer that I don't lose mine. So here I am looking at my VZ "family" and hoping its... — read more 

I even pointed out the obvious [on multiple occasions] to VZN via detailed feedback. Oh well, my new carrier of the past year has been great and MUCH cheaper. VZN is yet another memory

In the Ashburn office today, compared to normal Thursdays it felt dead. Morale is at an all time low

It is more than 15K if Retail is IN ADDITION to the 15K Corp layoffs

So no they are not laying off field techs .Infact they are actually Hiring like crazy .The reality is that long ago the company 1 focus turned solely to wireless which we all knew was not gonna be forever.All while turning their back on the back bone... — read more 

Pretty sure I’m getting the can. I’d like to port my number away from Verizon while I blow my severance money traveling the world. What carrier or mvno should I port to that would be cheap to travel with while being able to keep my number so I don’t... — read more 

These Value brands used to be their own business's and pay Verizon for “access”. Nancy got moved to protect her nearly 40 year tenure. Indirect dealers have been beefing up their operational staff with old Verizon execs. Should be interesting... — read more 

Will employees be expected to turn in concession phones and laptops/computers/monitors, etc? They can't seriously expect 15k+ employees to return equipment. Is there a way to negotiate keeping them? What happens in the event you don't send it back?

if your manger has not received a list is this good or bad

I know that for sure, I’ve been trying to find something for months now.

I thought that the new CEO could be one of the rare good guys based on his history. I was so, so wrong.

I know a restructure was said to take place and 180 store closures.. do you think we will restructure all of the territories? How do we think Sr. Directors and Directors will be impacted? Or possibly Sr. Managers and Assistant Managers?

This whole sh*ituation is down to three things: 1). Hans. He was the CEO when we saw the company going from being leader in everything to leader in nothing an losing in the market. Buck starts and stops with Hans, all the while he spent more time... — read more 

Imagine thinking a company has your best interests at heart just to lay you off before the holidays lol. Y’all shoulda joined the union.

https://www.wsj.com/business/telecom/verizon-to-cut-about-15-000-jobs-87280c3c?st=wEAoYL&reflink=article_copyURL_share

When they say cutting managers are these the higher ups or just management in general

Will the IT groups be targeted i this layoff

if we are the (un)fortunate, and our last day is 12/20 or 1/20 or 2/20, do we still get paid during this time? and then we get our package after? will everything be in tack as if we are still FTE?

What is the over/under Of Verizon getting out of the PS business all together just shifting all focus to wireless and broadband?

Verizon has a total of 100,000 US employees. Not all of the 100,000 are managers. So 15,000 manager jobs cut is more than 15%

Anyone notice that a few SVPs weren’t included in the Q&A today? Yolanda, Julie, Kwame? What could this mean? Do they have nothing to contribute? Some of the questions involved their groups… I would have like to see them speak.

I know there are plenty of trolls, but please, for the sake of the rest of the thread. Just leave the trolling for somewhere else. Have any band fives been asked to give a list or have been given a list?

“My grandfather was a union organizer in the garment district in New York City. My mother took me to a civil rights demonstration in Washington in my stroller” What a fu--ing charlatan. Everyone around this a--hole is su-king up to him to keep... — read more 

Or just the boot?