Please don't rip my head off for this post. I have read the act and the "single site/location" of 500 or more employees confuses me. Im not a damn lawyer. I'm in a state that falls under the Federal guidelines of 60 days. Any wisdom if Vz will have... — read more
Verizon to cut about 15,000 jobs as it restructures
https://www.reuters.com/business/verizon-cut-about-15000-jobs-wsj-reports-2025-11-13/
Executive pay
Our new CEO is being paid a $1.5M annual salary, with up to $50M in performance incentives. That’s equivalent to 500+ employees making $100K. It’s hard to listen to Joe Russo talk about surgical cost reductions when our CEO is being paid an annual... — read more
Layoffs looming
With layoffs looming and articles all over the news. Employee morale at its lowest but our VP , Jarrett - wants a plan to fix a metric. No one is addressing the stress and fear that our people are feeling. What a low person
15,000? Wow!
What percentage of management is that? How many managers does Verizon have total? This is just an awful kick in the pants.
I don't even care anymore
Am I the only one who only thought "okay" when reading the news? This has been dragged out for so long that I'm now numb and I don't even care anymore. If they want to get rid of me, so be it. It's not like those staying behind will be in a much... — read more
America's biggest wireless carrier cuts 15,000 jobs after price-hike gamble backfires
Love the title Pay for poor leadership decision https://www.dailymail.co.uk/yourmoney/article-15288451/amp/verizon-job-cuts-customer-losses.html
So it’s going to be bad after all
There goes the hope that we were just exaggerating, right out the window. I think my blood pressure just spiked.
RIF PROCESS
Does anyone here actually know how they got the 15K number? Was it formula based on Pay, Insurance, WFH? Was it just spread across the whole business? Was it mainly performance based? Someone here surely knows this?
Brace for impact
So 15k is the number. Which is still short of the 20%. So most likely round 2 will be after January. Those lists were already made as most people suspected. If anyone has actual details on how the layoff procedure works from prior experience, please... — read more
I guess this means the list is finally completed
Pay attention to how your manager is acting from now on. If he or she starts avoiding you or being excessively nice all of a sudden, you know what's coming.
This tells you all you need to know
Verizon shares rose about 1.7% on the news. Thousands upon thousands of people are about to lose their livelihoods, and investors are rubbing their greedy little hands together, rejoicing at the news. Really tells you something about the state of... — read more
Most corporate wireless stores no longer to exist Verizon to cut about 15,000 jobs as it restructures, source says
Wow just heard on radio not only 15,000 by next week ,but that Dan said more to come and layoffs and cost cutting will be a way of life at Verizon along with most corporate wireless stores will not exist anymore only 3rd party dealers
It's so much worse than I expected
This is going to be a fu--ing bloodbath. How is anybody supposed to focus on work with this hanging over our heads? 15k???
Verizon to cut about 15,000 jobs, source says
https://finance.yahoo.com/news/verizon-cut-15-000-jobs-160715206.html Verizon to cut about 15,000 jobs, source says: (Reuters) -Verizon (VZ) is planning to cut about 15,000 jobs, a person familiar with the matter told Reuters on Thursday. The... — read more
Article 15k jobs
https://ca.investing.com/news/stock-market-news/verizon-to-cut-15000-jobs-amid-growing-competition-pressures--wsj-93CH-4315096
CNBC / WSJ - 15k VZ layoffs happening next week.
CNBC just reported (per WSJ) that Verizon is expected to layoff 15,000 employees next week, making it its biggest layoff ever. It’s coming. Sigh.
All Employee Q&A is a joke
What a waste already. Still no concrete details because they are still trying to figure it all out.
I hope those of you at VZ are watching Joe's all hands
Love that he kept the meeting and is actually addressing the issues (well, sort of). Still, much better than all the "leaders" who are simply hiding and too chicken to talk to their employees (like Kyle or Shankar)
Question 🙋
Is the layoff applicable to full time only or contractors are going to be impacted as well? Can organizations sacrifice contractors to meet the 15~20% target and reduce Opex pressure? My organization is loaded with contractors with only a handful of... — read more
All questions (except healthcare) answered here.
Layoff Communication Timeline • EVP/SVPs: Notified last week • VPs: Being notified this week • AVPs/Senior Directors: To be notified next week • Direct Managers: Will notify impacted employees on 11/20 via phone call only (no WebEx or... — read more
Pulse is laughable
Interesting how they skipped a mass Pulse announcement and just slipped it into the morning communication. Where is the video? We want to know you heard us!
Here it is for us
Just had a meeting with director and supervisor . Salisbury, MD, Dover De, Hampton Roads and Richmond Call centers are being shut down. Wireline fios customer service in Silver Spring is where we can go and return to office. We can take the package... — read more
Basking Ridge Closing!
Moving HQ to TX, tax incentives
What is the secret of Shank and Vivek?
Both of them are hated by people within their own org and people outside of their org.: Somehow these two continue to survive.. what’s their secret?
Verizon India
India folks, what's the latest news? I'm hearing 1500 job cuts across portfolios.
What would the White House say if Verizon
RIFed US workers before H1B visa holders? Shouldn't the H1B workers be RIFed before a US citizen?
lake Mary office
Rumored 750 cuts.
VBG Europe
So I heard that the VBG sales Europe all hands call just happened… apparently was a 10 webinar speech… for 2026 go to market strategy. It sounds to be a bloodbath for VBG in Europe.
What is the US employment law statue?
Verizon retaining employees with H-1B visa status versus retaining US citizens. What gives? What is the US employment law statue?
SEND THE PACKAGE BABY
I hope all this is true, send me some cash and let me never work here again. Thank you for your attention to this matter.
Gnt q&a
Joe is hosting a q&a tomorrow. Who thinks there will be real insight or valuable info shared?
Billions in Free Cash Flow but Still Doing Layoffs
The impending layoffs are about the same thing as it's always been about. Prioritizing PROFITS over people! This company is by no means struggling. Free cash flow for the nine months ended September 30, 2025 was $15.8 BILLION, an increase from $14.5... — read more
STI
Let’s guess what STI will be. I’m guessing 70%
Ratings
Does anyone know how the ratings work? Like what correlates to 1-5? Performing, achieving?
Very curious about which team does a sh*tty job
Who designed Myverizon app? If that was done by in house team, then we clearly have some people who should be cut