Getting prepped for resume building and job interviews. Months ago before Dan, my leader said we need to worry when upper management starts resume and interview prep talks come into play.
Won't happen again?
It's good to know there are 'laws' in place to prevent telecoms from doing this again. We know they have the best interest of the customer (shareholders) as their top 'priority'!... — read more
Too late to volunteer?
I'm wondering if it is too late to volunteer at this point? Too late? Lists at point of no return? I know not too many here have a crystal ball..but some may.
Job market is bleak
Please, somebody tell me they managed to get some offers because I'm starting to get genuinely depressed.
How many Switch locations will survive?
How many of these places do we expect to keep more than 1 person? Most of the Network Affecting work happens during the MW, most of the work can be contracted out or sent to other grps to run configurations. Will the switch techs just be there for... — read more
confitmation this morning
saw my SD in the hallway - she looked very upset. I asked her what's up and she pulled me into a room. She just learned she's out. Layoffs will be 20% across all bands, all BUs, all geos, all everything. SVPs, VPs, stores, GN&T, everything. Looks... — read more
What will happen to one's STI if they are RIF'd????
Given that we are at the latter part of the year, does anyone know if one's STI gets paid since we have already hit our goals committed for the year, even if that means a prorated rate, I don't know if that happened in previous RIFs around the same... — read more
Any idea how hard Russo's org is going to be hit with upcoming layoffs?
Seeing posts discussing some of the orgs and rumors of how hard they are going to be hit, wondering what it's looking like for GN&T
Lake Mary Office
Last post was deleted 😆 What's the scoop with that office?
Vacation Days Paid When Rif'd?
Just curious..... When you get laid off, does Verizon pay you for your banked time off or use it or lose it?
Boulben’s Org…
So if rumors are true, looks like Boulben’s org is being hit hard. Deservedly so. I counted at least 20 AVP’ers and above. Seriously? For an org that really drove us to a lot of the issues we’re having. Kept raising prices and a lot of questionable... — read more
Buyout, not riff
Buyout. No unemployment claims. No discrimination lawsuits. Improved morale for those who choose to stay. But then, this is Verizon so… Layoff. Unemployment claims across the board. Class action discrimination suits for each protected class (age... — read more
No communication from Sampath
Haven't heard from Sampath since announce of nee CEO. Is Sampath on his way out? If so, would guess to think big changes for VCG and possibly even Sampaths baby Case Management??
Leaders Linkdin posts
I find the posts on Linkdin by various leaders at Verizon, to be completely tone deaf. Fancy dinners, and trips to Paris. Sure, it might be work related, but its a real slap in the face to be living it up in luxury while your employees are... — read more
How much do you work as a lame duck employee (post-RIF)?
Say you get RIF'd on 11/20 and have to work until end of Dec. How productive are you expected to be during those final 3-4 weeks? If you had projects you were planning to finish before end of year, do you still complete those? How much effort do... — read more
If I get RIF'ed, will the companies I'm interviewing at find out?
Will my experience certificate mention this anywhere? Will the other companies find out I got RIF'ed via background checks? Or will I be asked to drop my papers, and it'll look like I resigned?
CEO Transparency is important- not just for moral but a show good leadership-
Why is this new CEO- opting to be so cryptic? He has a company with highly talented employees wearing a dozen hats each. They all deserve at this point, to know what the new game plan is- Every Verizon employee has been digging in, trying their best... — read more
If the rumors are correct, Verizon’s 'bold' new direction may apparently include mass layoffs
Android Authority (link below) Rumors suggest Verizon will announce layoffs and store closures around November 20, though details remain unconfirmed. The company reportedly plans to shut down less-profitable stores and cut staff across remaining... — read more
Revitalizing Verizon: A Call for Local Investment and True Leadership
As a dedicated employee with over two decades of service in Verizon's Global Technology Services (GTS), I've weathered countless layoffs and economic shifts, proving my commitment and resilience. I'm no benchwarmer—I've poured my energy into this... — read more
Value
Being spun off as a subsidiary, will make the books and share holder value increase. VBG to follow
RIF or VSP benefits?
Traditionally RIFd folks get 1 paycheck for every year they worked. Folks who took VSP got 3 weeks. Would be nice.
Week two
Dan said that most of his transformative change would be unveiled in his next 22 days as CEO. Week #1 revealed him hiring his PayPal buddy. What do you think will be revealed this week? Are you as excited as Dan to be part of the transformative... — read more
The Same Articles
Everybody, yall keep posting the same article from different websites and freaking out. It is literally just saying the same thing and taking stuff from this website. It’s actually quite hysterical.
It’s getting real…
https://stocks.apple.com/AoOinDLVBRT-cbsHb5qkPGg
2018 Article Predicted The Future
This article came out in 2018 after a VSP. It is surprisingly accurate on how things would go at Verizon. https://www.inc.com/geoffrey-james/open-letter-to-44000-verizon-employees.html
Are they taking volunteer for the RIF
I am beyond retirement age and I have made it known that I volunteer for a RIP package. Do you think anyone will pay attention? Save a young guy, RIF me!
How do those who have been with Verizon for less than a year fare in these layoffs?
Was hired less than 12 months ago from an external company. Wondering if this helps or hurts in layoffs. Do you still get 2 weeks severance or less?
Are we going to see a re-structured org soon?
After alll these anticipated “mass” layoff, are we going to see a re-structured Verizon? Thr left-behind employeees will be shufled?
Are ESIL&R's immune to the layoffs?
↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ Executive Suite In Laws & Relatives.
Switching carrier after RIFs
How long does Verizon let you keep the 50% employee discount after leaving? I upgraded my phone earlier this year, so I’d still owe on that, but I’m trying to figure out how long the discount stays before I lose it. Any former employees know how it... — read more
Average Salaries Across Pay Grades??
Many years ago the company would publish the range of salaries across pay grades. I haven't seen that in forever. Does anyone have a clue where things stand now for bands 5, 6 and 7?
Contract service manager R.I.F
The district manager told my boss (area manager) that he is going to have to cut 1/4 of the 1st level managers. Does anyone know if this is true? I recently switched from a local manager in construction because I thought contractor services would... — read more
If the rumors are correct, Verizon’s 'bold' new direction may apparently include mass layoffs
https://www.androidauthority.com/verizon-shutting-down-stores-3613951/ Rumors suggest Verizon will announce layoffs and store closures around November 20, though details remain unconfirmed. The company reportedly plans to shut down... — read more
For those that have been through this before - how do they typically decide who to lay off?
I have never been through a massive layoff before. For those that have been through this before - is there specific criteria that they typically use? Is it always the lowest performers? Do they target people that have been with the company a long... — read more
How does it usually work? Does anyone know from past experience?
If you get notified that you are included in the RIF. When will your last day of work be? Will your severance package be paid out in tax year 2025 or 2026? Will you get to look for other positions inside the company? Any other wisdom you might... — read more
Does anyone really know?
Do ADs and SDs really know the names of people on their teams?