Well, that was a sobering speech from the CEO. Good luck to everyone!!!
Schulman and Skiadis helped create our downfall
Dan was head of the board of directors while we were losing market share. He nodded yes on all of it and let Hans run us into the ground. Tony was the CFO during this too. But we pay them millions now to fix what they caused haha. Only Verizon... — read more
It'll happen when it happens
Every day there's somebody saying it's happening tomorrow. Until we have official word, stop worrying and get to looking for something else. Whether you're laid off or not this round, there's always going to be the next one. The only useful thing to... — read more
Message to Dan and Board
Want a change in public perception? Take bold risks and reverse course from what has transpired from 2016 to now. 1) Take advantage of these commercial real estate discounts. Let's buy small offices in our Top 50 markets. Have a space for all of... — read more
Dan says Customer Care have failed?
I’m guessing the VEC isn’t the answer to everything then. HCL appears to have been a disastrous strategic move, or at least very poorly executed. It just feels like that whole area needs to be completely changed around so it finally puts the customer... — read more
Is there any company in history that has boosted its stock price, maintained a significant dividend and aggressively cut costs at the same time?
Seems like 3 mutually exclusive aims but maybe I’m wrong
Level 6 and above?
I heard they will target higher ups, level 6 and above. Can anyone confirm?
How much control your leader has when it comes to Rif?
I want to understand how much control a Sr director or above has when it comes to saving their favorites over people who actually work? I know atleast 5 people in my org who got hired because they are related to so and so leader in one way or... — read more
Sc--wed if you are riffed now and even more sc--wed if you are riffed later
A point I never see get made is how frustrating it is to deal with an even worse job market just because you worked hard. Yes, I might survive the next rif, or maybe the next two, but three rifs from now there will be so many unemployed white collar... — read more
Package
What does the package normally consist of? I’ve heard rumors of 2 weeks per year of service. STI Cobra insurance. I can’t change what’s happening but I can plan.
SMB Challenges? This Leadership Team Is Destroying the Org
Things have been going downhill fast since Aimee left — and it’s obvious. The new leadership team, all the way up to the VP level, has completely changed the culture. People are getting singled out, spoken to disrespectfully, and treated like they... — read more
Location Strategy Updates?
Has anyone heard anything about the "location strategy" they mentioned at the end of July? The Tulsa office still hasn't heard anything and it's been 3 months.
Value Redundant
Operations being rolled into VCG, 50% staff reduction incoming.
Barron's: Schulman is
"[Schulman is] facing an uphill battle to revive the faltering stock." Schulman also promises to be "fiscally responsible". Wow.
Twenty-two days
So we’re supposed to sit here for twenty-two days, wondering if we still have jobs. Twenty-two days of stress, rumors, and sleepless nights. It’s unbelievable how inhumane this process is. They could have given us a week’s notice, even a few days... — read more
Layoffs incoming
New CEO said on the earnings webcast we need to be leaner as a company and reduce in areas that no longer make sense. As I’ve been hearing 20% reduction in employees over the next 2 years
Layoffs incoming on November 20th.
Brace yourselves.
Results are mixed but not as terrible as folks in here said:
From AI n the third quarter of 2025, Verizon Communications Inc. reported mixed results: earnings per share (EPS) of $1.17 (or $1.21 adjusted) met analyst expectations, while total operating revenue of $33.8 billion fell slightly short of estimates... — read more
I do like it
The thing is I do like Verizon. I like the people I work with and solving problems. I’ve had the chance to move around and grow and learn from better people than myself. I have experience. I have education. I just wanted to be a part of something... — read more
Earnings
“ “We are going to take bold and fiscally responsible action to redefine Verizon’s trajectory at this critical inflection point for our company. We will rapidly shift to a customer-first culture, one that thrives on delighting our customers,” said... — read more
Memories
Remember the time powerful globalists were posting videos and blocking comments aka free speech. A true inspiration. This honorable leader was responsible for tens of thousands of Verizon jobs lost after this post too. Thank you for your service!... — read more
Anyone ever had an all hands scheduled for a live slack event and ask your leadership and business partners ‘ ask us anything’ ? Slsck?
Seriously, ever heard of an all hands ‘ live via slack? this is VBG and a massive organisation in VBG; that is everything under the CRO besides direct sales… All hands via a slack channel ‘ask leadership and business partners anything slack... — read more
They should say something because the rumor mill is running wild
Just in the last two days I've heard A) 20% reduction in managers by end of year B) all projects on hold due to disastrous quarter
So is it to early to declare the HCL Tech experiment a fail?
Have heard a lot of noise around HCL
Confirmed - Dan to layoff 20% over 2 years
Prepare NOW. Do NOT be complacent. BEG your leadership for L&D funding NOW. You MUST up-skill with certifications to be considered for a job in this horrible job market. Start applying NOW!
Where Have We Heard This Before?
“We don’t just raise prices to raise prices,” said Stankey. “We raise prices when we think we’ve given the customer greater value.” AT&T is suffering from an alarming customer problem |... — read more
Verizon Outsourcing Fiber Build Out?
Parts of IT and VZB Cust Serv outsourced to Indian Company HCL. Now the fiber build out to another Indian company. https://www.verizon.com/about/news/verizon-expanding-broadband-new-strategic-fiber-agreement
I guess it’s not happening this week then?
We’d probably know more by now, or at least I hope so. I could use a little more time. I got an offer for another job. Nothing spectacular, but considering how things are going here, even a so-so alternative looks better right now. I hope you’re all... — read more
Reader count
Hit the dislike count and lets see how many people actually go on this site!
Tri-State All Employee Call tomorrow 10/28
All Tri-State should ask the question about layoff rumors
VSP First Class
I see HCL let the majority of people that came over from managed services go now. Post VSP I look back and am glad I took it. Really hope those whom were part of the HCL cuts make out okay in this economy.
I'm praying it's October 30
Can you imagine having to go through this stress and anxiety for four more weeks?
Managers reference layoff site in meetings
I've been in a couple meetings late last week and management Sr director, ADs, SMs all mentioning the site as if our fear isn't valid. Basically they all were saying everything here is fake and no one really knows. Just strange that higher-ups... — read more
Sampath Performance
I am hearing different views on this. While he has been given a retention bonus, word is that Dan is catching up to the fact that Sampath was the one who was supposed to turn Consumer group around and has not been able to do that. In fact he has... — read more
I’m kinda resigned to my fate
I just don’t have the capacity to worry anymore. I don’t care about the date, I don’t care if I get to keep the job, and I don’t care about the state of the job market. If I work myself up to the point of being a basket case, I won’t be able to... — read more
October 30 or November 20?
I’ve seen tooth dates stated- if anyone in here really knows then provide details on what group you’re in and where you got your information. It’s inevitable there will be layoffs - people just want a heads up.
Every 2 weeks we get paid..
The only good thing at Verizon.
So Level Up is dead?
We can’t possibly have another level up while riffing at the same time…can we?