Does anybody know how much has been spent on it already?
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Q used be be better than this
Q used be be better than this.
i really mean it. Unfortunately no one is going to try to fix. some says 'leave company'. but those are just less than 5 or 10 yrs. and yes CA really need to do something about middle managers than asking all these useless feedback thing.
i see a lot of ppls to have zero loyal to this company but money.
Wfh-Case management team
Anyone know of any rifs for case management?
Will Verizon be broken up and sold?
Will Verizon be broken up and sold? I think it's days are numbered.
G2 says our first question and priority should always be “Is this good for the company?”
Did it work for Initech?
PSA: get your personal finances in order
What’s happening right now is despicable. It’s also a rude wake up call … no company is safe. This whole “we care about you, V Teamer” is bullsh-t. Verizon doesn’t care about you. Perhaps you’ve given the company your blood sweat and tears for the past 15 years … guess what? You’re about to get booted out. Say adios to your steady paycheck!
YOU have to protect yourself. When you have trouble paying your rent in the coming months, do you think Dan the Hatchet Man will loan you even $.50? NO!!! he’s too busy counting his millions and laughing all the way to the bank .
In a situation like the one we’re in right now, you’ll feel a LOT better knowing that your personal finances are in order.
VERY IMPORTANT — establish an emergency fund to cover at least six months of your living expenses. One year would be even better. That’s how long it may take you to find a new job in this horrendous market.
Pay off your high interest credit cards. Credit card debt is evil.
Save for retirement. Contribute to your 401(k) and get the company match (at Verizon if you survive this RIF or at your future employer). I also love me a good Roth IRA! Tax free earnings, baby!
I’m going to stop there because I’m not a financial advisor. But you get the picture. There’s lots of good free information out there.
As for me personally, I am 99% sure that I’m on the chopping block. :( BUT I have a healthy emergency fund that will tide me over for a year, and that brings me comfort.
The ULTIMATE GOAL is financial independence (enough saved so that I could actually retire if I wanted to) … that way, I don’t ever have to be scared about losing my job EVER AGAIN.
Already found another job...
I have been telling every customer that walks in and quietly told them that they are being misled, ripped off, and taken advantage of and told them to go to another carrier and provided them their acct and xfer pin #s
Verizon must fall. I played my part and everyone on the chopping block shall do what I do.
They should bleed out and lose millions of customers for treating us like dogs
3 reasons
Here are the 3 reasons why Verizon will
never live up to its rivals or its own best years from the past.
- Outsourcing CS, IT and other depts
- Everyone wants to be a manager, attend meaningless meetings to say the right things, pointing out all the wrong things that need fixing BUT NOBODY WANTS TO DO THE WORK!! Managers aren’t doing any actual work.
- Nasty debt problem. Execs and board put us in a position impossible to get out of
Executives really believe in the company
Several senior PayPal executives have sold more than $1.5 million in company stock since the October earnings report, leading some to argue that they should be held accountable.
So Shankar and Vaaiveek staying ?
Unless Dan gets rid of these two ., nothing will ever change for this company
Our Weekly Team Meeting
Our weekly team meeting on every Tuesday just got rescheduled to Nov 21st Friday for this week. Maybe they wanna accommodate the Nov 20th layoff day? Not looking good.
Verizon sign in front of a certain office being removed
Just heard the Verizon sign in front of a certain run down office is being remove . Justt bad timing ??
If you were offered VSP last time and didn’t take it
Is it pretty much a given that you’ll be included in this RIF?
Ugh just got a sign. It’s a wrap.
Anyone else have an AD ask to meet Thursday randomly. Man I’m not doing jack sh-t the rest of the day.
All hands call mentioned layoffs
At first they mentioned how we outperformed booking revenue and we hit all these expectations and more. Then they briefly mentioned layoffs and the just said they can’t say anything about it and just to put your head down and wait for the storm to end. Looks like it’s happening even when we are over performing in some segments.
Does your org have a hiring/promotion freeze?
Is there a companywide hiring and promotion freeze in the US, or just JVB’s?
If so, how long have you been in your same position?
Seems like whoever has been asked to wfh for the rest of the week
is on a chopping block. Whether that be your team or certain people from your team.
Around my office, some groups have been asked to wfh until Friday and for some is business as usual.
No hires during November and December
Just a note that there are very few jobs out there to apply for in November and December. Then in January things are still slow in the hiring process at a large company if they are hiring at all. Most will not be hiring.
"There's no place like home" 👠 👠
If only the CEO wishes he could click his heels and go back, monetise the GUI, mouse, ethernet and PC and things would be a whole lot different. 👠 👠
AI sharing
Does the constant begging for AI ideas, use cases, prompts, and more drove anyone else crazy?
As someone who is very proficient with AI, (through taking classes, learning it, using it, etc,) I’m not sharing my knowledge/competence/learnings with the company at large outside what is required by my position. Why should they benefit from a knowledge base I built on my own time?
Shocked?
French raids carried out in Altice linked ‘corruption’ probe
By Martin Coyle
November 18, 2025, 2:45 PM GMT
European telecom giant Altice on Tuesday saw French prosecutors target 15 homes and 14 companies as part of an investigation into a “vast corruption scheme” connected to the company. French prosecutors...
Scurrying like Rats on the Titanic
VZ “family” throwing each other under the bus — making arguments for why others should be cut while justifying their OWN existence. 🚢 🧊 Can’t you see we are ALL on a sinking ship? The VZ layoffs have only just begun ……. 🛟
India workforce replacing domestic US
This has been going on for months now. Off shore India teams working during US workforce hours. The writings on the wall. Fiserv not supporting the US employees with this strategy. Good luck.
So what’s happening in Feb?
Some say 10% WFR, others say 30%
Any news for this week?
Hoping we’re done for the holidays, but not feeling very confident.
Swanky holiday Christmas party again?
Will Belk corporate throw their lavish holiday party again? While stores can’t budget for basic supplies, much needed maintenance and more than one or two fitting rooms open?
Counting down to Nov 20
3 to go
Verizon Connect
Anyone hear rumors at all about Verizon Connect?
RRP Funding Rate
I heard last year was 75%. Do they announce this somewhere? Any guesses what the rate will be this year?
Fed Rates cuts will (not) matter. They will (not) save the job market, in this (current) U.S. economy. VZ layoff next week,15,000 employees.
Fed Rate cuts have (Never) -
Mattered.
For the stock market either, reference the 2008 Great Financial Crisis; for example.
In a deep recession, or (Worse) scenario.
This is where Treasury (Bessent) and the Fed are (Totally Wrong).
Verizon layoff next week - 15,000 employees (their Largest ever).
For those who think H1b is the problem...
As a H1b employee I constantly see some posts blaming H1b as cheap labour to replace US work force, I would say it is totally wrong.
- TI almost exclusively hire non US ncg only if the personnel has a PhD degree recent years. For someone who is not familiar with the H1b process, it is a lottery which has a winning rate of less than 40% and any ncg who does not win H1b in 3 years have to leave USA unless they can proof that they have extraordinary ability to be qualified for O1 visa. A NCG with masters degree but no publications will definitely not be qualified for O1 if they are not lucky enough to be selected in H1b lottery (and PhD is likely to qualify), which make it risky.
- Everyone who has searched internal openings on myhrtools would notice that every posting is showing immigration eligibility. Only job postings at Kilby/ATD/Some BU are eligible for immigration. There would be NO H1b in fab technicians, and only very limited H1b in fab engineers (as far as I know only PIs, not even for PEs). Mass layoffs in fab environment is nothing to do with H1b since none of the jobs there are "replaced" by H1b. BU H1bs got hit hard in September, suggesting layoff is there no matter whether you are a US personnel.
- It is MUCH MORE DIFFICULT for a non US ncg to get a job compared to US personnels. Considering current political situations, no employers want to hire someone who costs more to maintain immigration status and are risky to be influenced by immigration policies. If the candidates are equally qualified, 95% the hire will be the US personnel. As said before, openings that are eligible for immigration are all high level positions from Kilby/ATD/Some Bu, etc. The qualification standard is high and most likely it is for MS/PhD only. There is only one reason that TI still hire opt students which will eventually change to H1b, that is international PhD graduates are usually more qualified for the jobs that are eligible for immigration.
- US has 700 to 800k H1bs in total, which is ways smaller than the tech industry employee count. They are making up only a small portion, and every major company hiring H1b will have a much higher standard on them. They are subject to political environment change and job market change as numerous companies including Walmart stop hiring H1b starting this year. In TI, new H1bs are even not eligible for a fab engineer job. They have a much smaller job pool compared to US personnels and they are much vulnerable towards layoffs.
So stop blaming H1b in the company. Tariff and economy, development of AI, the upper management... There are far more to do with the layoff.
Will VZ change?
My calendar is empty, emails have ceased, all that’s left this week is the odd Slack message from a colleague asking if I’ve heard anything. On the one hand, I would love to have it end on Thursday so I can just get on with my post VZ life. On the other, I would love to stay and see what Dan has in store for the re-invented Verizon. My biggest fear is waking up Friday and attending a mtg with VZ leaders telling us to get back to business as usual work. That’s my biggest nightmare - VZ has far too many people doing work that doesn’t matter. I’d love to stay if something changes, but honestly don’t think it’s possible.
If you are still in denial...
GNT was told to prepare for RIFs. So, this IS happening.
When is the next round of layoffs?
What do we collectively know so far?
When is the next round and who will be affected?
So by the Time Thursday comes we’re gonna be basket cases
I’m pretty sure by time end of week notifications go out most of management will need straight jackets from all the stress .We are all probably gonna be less useful after all this knowing if we made the cut we still may be on the next cut .Dan has made it very clear that these layoffs will be a way of life as a Vteamer .I mean go team go
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That's it, that's my post.
Anyhow, I hope this helps someone. Good luck all....
Reposted from:
September 19, 2024 by Anonymous | 461 views | no reactions | 1 reply (September 20, 2024) | Reply
Post ID: @OP+1uBPlqJU
These will be the longest three days of my life
I think they're doing this on purpose, since I'm this close to just quitting to avoid having to go through this mental anguish even for a day longer. I wouldn't be surprised if some people already broke and quit. This is all a part of their plan, I have zero doubts about that.
Just switched 8 lines to T-Mobile
Can’t support a company upending American workers’ lives while stuffing the execs pockets with millions.
Just switched over 4 lines this weekend and convinced 4 other family members to switch to T Mobile.
The best part is that T Mobile is in fact cheaper for everyone. So it’s a win - win.