So new board chair was on CNBC and spoke about the need to act and why. The story was factually incorrect though- why overly dramatize the doom and gloom? Yes, VZ has had a problematic trend and yes the company needs to alter strategy to address it, however he stated VZ has gone from 1st to 3rd in bond ratings (false, VZ still enjoys better bond ratings than TMO and ATT), market cap (pick the day and T/VZ swap between 2nd and 3rd, so not entirely factually incorrect), and marketshare- additionally share has fallen 30% over the last 8 years (false, share is not down 30% and VZ still has the most wireless customers- assuming that is what he was referencing). Change was/is needed, but the company isn’t failing- the income and cashflow statements are enough to prove that point. As a boardmember, executive, etc the focus is almost universally to drive confidence in the company- highlight successes, vision, strategies for growth, etc so that investors and others see the positive story (even when the true situation is more of a mixed bag). Why go on the largest business network and bash the company you chair with false facts? Either he needs to spend more time understanding the company he chairs, or this is to sandbag and lay the groundwork and justification for an absolutely unthinkable scale of change in the short/intermediate term. The later is unfortunately the likely answer.
Posts mentioning hashtag #communication
Below are all the posts — topics as well as replies — that mention the hashtag #communication.
Mention #communication in your post to continue the discussion!
OSHA
We need someone to reach out to osha wage theft for salary employees
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?
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 make your own post, that will get down ited til it ages off.
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
Pay Reductions
I have read about individuals reportimg GL reductions numerous times on this site. I thought that terms of reassignments won't be communicsted until Monday. Does someone have a crystal ball? I would like to buy one.
DPAIO town hall clown show
Why do we have to listen to sales cr-p from AWS or open AI in an employee town hall? Only because the leader do not know how to speak to an audience?
Hold Your Fire!
Well folks, it’s been a wild week out here on the range. Rumors gallopin’ faster than a spooked jackrabbit, whispers in every cubicle corral, and folks hidin’ under their desks like coyotes in a hailstorm. But today, I bring word straight from the top bunkhouse—The Ranch Boss himself has spoken.
That’s right: a ceasefire has been declared.
All units, stand down. Pack up your spreadsheets, holster your resume blasters, and step away from the LinkedIn feed. The L48 front has gone quiet—no more surprise ambushes, no more “urgent invites” from HR at high noon. The dust is settlin’, and the Ranch Boss says, “That’s enough shootin’ for one season.”
Now, I ain’t sayin’ the fence line’s fixed or the water trough’s full—there’s still a few loose boards out there, and some of y’all are lookin’ at each other like, “You sure this ain’t a trick?” But as of now, the official word is:
👉 It’s over.
👉 Everyone can holster their nerves.
👉 The L48 herd’s intact… for now.
So take a deep breath, pour yourself a strong cup of office coffee (the kind that tastes like it’s been sittin’ on the burner since the Eagle Ford days), and give thanks that your badge still scans.
This ol’ cowdog’s off to patrol the breakroom—heard there’s a fresh box of donuts, and if anyone thinks they can outmaneuver me for the maple bar, well, they’ve got another thing comin’.
Stay vigilant, stay humble, and above all, stay employed.
— Hank, Head of Ranch Security (L48 Division)
Office should be 5 days
Pre covid office was 5 days, so I don’t think it’s new rule. As well it’s too hard to communicate with remote people, sometimes responses are super slow and confusing.
RIF for claims?
I wondered if anyone heard about claims facing RIF. I thought about it through out the year as I filled out my performance review but haven’t heard a single thing or received any emails about my performance in general. Quarterly bonuses end up in my check with no communication or anything sent about them. It’s giving … you’re here for a short time.
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)
Freudian Slip?
Did anyone catch a Freudian slip yesterday? I feel like there was a lot of stammering because of nerves to deliver bad news. But did anyone catch this?
This isn’t verbatim, but something was said along the lines of - we have to make tough calls.. why? For the greater good of the KING — and then instantly corrected to TEAM.
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!
IBM unveils one of the fastest computers on Earth
And now they're trying to memory hole the RA with positive news.
https://www.foxbusiness.com/video/6385004810112
Tears and Upset - Someone handed me a notecard!
Pretty convenient that someone had a note card to trigger the prepared statement to have a Dad talk with the entire company. If you respond other than how we expect you to respond get ready to get in line! And tears!
200+ gone from Caleb org
This company knows how to go under the radar with these layoffs. That’s why it’s important to post here because it’s the only way to stay informed when the Warn act isn’t triggered
Enough with the fear mongering. Nothing is happening next week.
https://www.the-sun.com/money/15469725/verizon-denies-rumors-employee-layoffs-mass-closures/
"Much of what has been reported is false and inaccurate" - Verizon
“We have nothing new to report and we cannot comment on online rumors and speculation, though much of what has been reported is false and inaccurate,” Spokesperson - Kevin Israel (Crisis Communications and Reputation Management at Verizon)
2000 Layoffs...Here's what would be wonderful if they would just be consistent and shared ...
1,000 Layoffs on 10/29
600 Buyouts
1,600 Personnel no longer on the books once Telefe and Chile TV network sold
Talk of 2,000 total Layoffs
Here's what would be great to know...just so all are aligned and working off the same page. We know that the 1,000 10/29 layoffs are part of the 2,000 layoff target. Are the 600 + 1,600 figures above considered part of the total 2,000 or are they completely separate? That's all we're asking DE + Exec Team to share. Are there 1,000 more to go in December of Q1 2026 or is the figure more or less???
Condescension among the Execs
The condescension practically drips out of speakers mouths when answering questions in AMAs. "Compared to other companies, our RTO..."
We don't care about other companies, we care about this one. Answer the question.
These people should go into politics with their ability to talk for an hour and say nothing of value.
Strange Vibes
Something is up. A few of my peers told me they stopped getting their usual invites for calls and meetings. Seems like the process may have already “unofficially” started.
VEC MDU Impacted
I heard from a very reliable source 15% of the VEC MDU team is being impacted(Fios or Fixed Wireless) leaders have already had meetings with the HR Team and senior executives at the end of October to go over which employees will be impacted in the roles includes Client Executives,Associate Directors, Directors, and Senior Directors, basically each team will now have 4 client executives and covering more areas, 1 Associate director for the entire state, No more director roles, Q1-Q2 employees last day on payroll not December…if you dont believe me ask your leader what there “all day meeting was end of October” and see if everyone is giving vague answers, this layoff is starting from the top and trickling down to the bottom. calender invites will be sent out Nov 19th end of business day and your leaders will have two meeting Nov 20th, one is with the impacted employees and the other will be with the remaining team to notify them of what is happening. If your received a Leading you are technically safe, if you have any correction action disciplinary/attendance action, or your area is not performing or has decline in performance that might be an opportunity. There will also be a meeting being held with the new business module this week everyone should have a calender invite, I cant confirm any other areas of the business being impacted just this one!
Boss Says I’m Safe
My supervisor says I’m safe, and not to worry. He’s always been straight with me, but part of me thinks “what else would he say”…
Has anyone else been reassured that they are safe? I guess I will know for sure by Friday evening…
To IT Leaders and Program Managers - One Sales persons Perspective
Xerox has too many challenges in their main "core competency" to overcome objections from their customers regarding IT services. Just because a small portion of our customer have onboarded, doesn't predict future success. On any given day, my email box is filled with HCL related issues that have carried on for weeks or months. At least once a day, I hear an issue I've never had before, with no possible short term resolution. We are not built for speed or flexibility. We have processes with so many chokepoints including the language barrier, technology barrier (HCL folks regularly lose internet connection), and often no direct line to whomever can resolve the issue. I am not aware of a single customer (I have over 120) who hasn't complained that Xerox su-ks now. The slogan We make work Work is a common insult we hear. And if the trust wasn't enough of a wake up call, remember that compensation for IT solutions as a Sales Rep is awful. I don't know anyone who wants to sell it unless its a "layup". Xerox will not turn around. Layoffs are going to happen Q1, and they will transfer most accounts to the crack team of inside sales. Those people are not as bad as HCL , but that's a low bar to clear. I often wonder on our Xerox calls, are IT people really this ignorant to our current situation, or are they just disconnected enough because of other non Xerox clients? One last thought...As a Xerox employee, do you really believe that Xerox can outshine the IT competition, in one of the most competitive markets, with all of our processes, and current leadership when we are losing more often in Xerox's legacy core competency?
No wonder the stock price change
When you listen to leaders that sound disjointed and are so rattled they can't even hold a train of thought.
Jeez.
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 like I'm on the list, too.
WHAT HAPPENED TO SCMG
MISS THE DAYS WHERE WE USED TO BE ABLE TO CALL THEIR HELPDESK AND GET SOME HELP. HASNT BEEN THE SAME AND JUST GETS WORSE. LONG WAIT, WE DONT GET A CALL BACK OR THEY TELL US TO CALL OUR IT AND OUR IT TELLS US TO CALL SHARP. OUR DRS AND STAFF ARE BEYOND FRUSTRATED! I HAVE EMPLOYEES WAITING AROUND FOR ACCOUNTS. HAVE TO WORK EXTRA HOURS TO CATCH UP. AND HERE I AM ON THIS WEBSITE SO I HAVE AN IDEA ON WHAT TO EXPECT. DO BETTER WE’RE YOUR CUSTOMERS TOO!
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??
Are bp operations team members still on Teams 6 hours a day?
How does bp get work done? When there is a perceived and peer/supervisory pressure to attend/host perpetual Teams meetings. Is this on purpose?
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 to keep things afloat, especially the last several years-
After every layoff- VSP/ISP talent has been lost and the work load consolidated. Yet even with all the internal struggles - we keep at it.
If Dan truly wants Verizon to succeed- he needs to be candid and up front with his employees. We can handle the hard truths- we can deal with change and limitations- but the C-suite silence is destroying the company from the top down.
Dan- be different-be frank- tell the people at Verizon what is happening and do it sooner than the Nov. 20 mark- the internal barometer is tipping negatively and once it goes too far we are looking at Sprint 2.0-
You are losing trust, confidence, and support from your workforce. We all know what is coming, but the way you are decidedly unveiling it- especially in these economic times, with all the political theatrics happening in DC, only exacerbates and compounds the situation- any other year might be fine- but this is not the current weather for it.
Come clean and do it quick- or everyone here will soon agree you’re no better than Hans……
Do they spy?
Do they spy on your work machine?
Return to Office
No official communication or org announcement sent out about RTO. This policy needs to be explicitly stated. Managers relaying it down the line by word of mouth is toxic. List the policy out in an official notice to not leave your employees anxious and uncertain, shame on leadership once again.
New head of corporate affairs
Looks like Verizon is serious to improve its image and how it’s getting perceived by stakeholders and customers
Friday "Decided to Retire"
Emails are en route.
“Happy thanksgiving”
Doing this the week before a major holiday makes it more depressing. Not just for those on their way out but for the peers who are left behind to pick up the pieces until the next set of RIFs. Put us out of misery and tell us sooner
Internal move
Should you tell your manager that you have incoming interview with other team?
Can You Imagine
Not giving the time of day to your number one supporter.
Tim Clark Said He's "P.O." Boeing Isn't Talking To Him!
Another 2 year delay with the 777X and Tim Clark
president of Emirates Air, gets the news from the media rather than Boeing.
https://youtu.be/kaCfTuk_9UA
Boeing is definitely #2 figuratively and literally.
https://youtu.be/1OgHjmWOWec
MPI
What do you think about the email?
Real life
I know for a fact some layoffs have already happened. Why isn’t anyone coming on here and giving details?