#layoffs

USPB is no more. Decisions will be made over next 6 weeks how to align the former USPB functions (Analytics, Risk, COO, and Client Experience) into Cards and Wealth. There will undoubtedly be layoffs in 1Q26 for these groups impacted. I’m sure redundancies will also occur in Cards and Wealth for the incoming people as well.

1 + 1 =1 With the recent reductions, the headcount will be replaced with Frontier workforce in the next three months. So the employee size of Vz will be very similar for the next year or two. Maybe, a few a Frontier’s leaders will become major Verizon executives. These types of reductions have been occurring with all major Verizon takeover transactions over the past decades.

Good luck, Dan, trying to dazzle customers and grow the customer base—you can’t even take care of your internal customers! I still can’t access the severance portal, even after HR intervention. At this point, it’s laughable. Once again, Verizon fails to execute anything correctly.

All stores are underperforming (according to the corporate office), so that means fewer employees who will be pushed to do twice the work! You should be looking for a new job now. Be prepared to be called into the office after the holidays.

So Dan laid off 13,000 people yesterday, 2,000 short of the 15K total we've all been hearing about for the last few weeks.

I'm hearing rumors from several sources that they plan to sell off Vz International (to BT) in April next year. Will the remaining 2,000 heads be from there do we think?

Only 9 Senior Leaders listed in the email sent out by VCG CEO…?

Is the “significant organizational change” in the room with us? There was more than 9 RIF’ed on my 50 person team.

What a scam this “new” leadership is

Unemployment rate is already 4.4% and climbing to numbers we've seen during Covid. If AI is about to replace us, who's going to buy services and products from Dell? Mostly corporate customers use Dell, and they are going to be hit hard by bubble bursting... hold your hats, we are going to have a crazy ride in 2026

Feel sorry for people that were RIFed.
Speaking of VCG as well as others, for the people still around, do we know when the re-orgs will take place and what they will look like?

Anyone notice (and maybe you’re one) PetroTechs are being parked in functions across the organization not related to their discipline (IT, Finance, Supply Chain). Park until needed? Waiting for an upturn in activity? I can’t imagine they are very happy with these assignments other than getting paid.

More are being chopper soon and as a mgr seeing the intentional bs behind it, forced ratings , blocked promotions and much more, i’d love to help get any ball rolling for a lawsuit against this place

From an early morning meeting today, looks like the IT Staff Engineers are on borrowed time. GM is looking to eliminate the position and pass their work duties on to other employees in an effort to save more money. Probably some d-mb idea to send more money to the California Innovation Center payroll.

Another great SLT decision.

I can’t wait until the SLT decides to eliminate the bathroom cleaners to save money.

Anybody in the Roanoke VA area or Minneapolis market GNT get hit ?

Hi, haven't been here for a year. Was declared obsolete 2 years ago. Just wonder how much the employee count is these days, and how many of these are effectively and actively working ...

Just because you were just let go, or know of others being let go, doesn’t mean the laid off 13,000 in a single day.

They got the higher paid, and the lowest performers off the books before the new year.

More waves are coming. ETA 12/20 and 1/20.

If I’m wrong, I’m wrong, however, I’m still quitting after I take advantage of my Fmla benefits next year. Good luck everyone.

A good read that relates to us right now

https://onemileatatime.com/news/united-ceo-scott-kirby-confidently-declares-american-cooked/

Replace with Verizon and we can all relate

"The current narrative among [Verizon]American executives is that everything they’re doing right now is to “focus on the customer.” The problem is, that’s not enough. [Verizon] American’s Chief Customer Officer has said that a reliable schedule is just “table stakes” at this point.

But the reality is that even customer experience improvements are just “table stakes,” when you’re competing against [T-Mobile]Delta and [Verizon]United. What else ya got? There needs to be a bigger strategy, and employees need to be excited about it.

The problem with [Dan] Isom at [Verizon]American is that he’s neither some brilliant strategy guy, nor is he a football coach type, like McCartney references. McCartney is exactly right — “once you lose labor, it’s over,” and “it may take a couple of years or whatever, but it’s over.” [Dan] Isom isn’t a football coach, he’s the captain of a lost ship with no navigation that’s just going deeper into the ocean. And maybe that sounds harsh, but c’mon, [Verizon]American lost money in Q3 2025, which is supposed to be one of the better quarters.

It's been a been a bumpy last 20 years here. I will miss many of you! Wish us luck in the job hunt!

Lets find employment where the EMPLOYEES are VALUED FIRST!!

So I had cause to re-watch Office Space over the weekend. The studio released this movie in 1999. It focuses on the corporate absurdities that permeated cubicle life in the late 1990s, with the lead-up to Y2K as a backdrop.

I’ve seen the movie countless times and still find the story of the Bobs—two consultants hired to reduce headcount—hysterical, although the last seven years of hired consultants and annual layoffs is a bit too much art imitating life.

What struck me this time was a throwaway line I hadn’t noticed before. The main characters work for a company named Initech—which, they explain, is a made-up word created by smashing innovation and technology together. Sound familiar?

So the “innovative” naming that made us all Solvers became part of cinematic history over 25 years ago. Make no mistake, folks: these leaders of ours are not bringing anything new. We talk about AI and the positions it will eliminate, but with this crew of senior leaders, we could replace them with a Magic 8-Ball that simply says, “Hire consultants and restructure.” That seems to be their cure for anything that ails us.

Happy Thanksgiving all.

Someone I work with, a friend, was told today is last day.

Can’t they just reduce everyone’s salary instead of layoffs like some cultures do?

What work groups were impacted by the layoffs?

Funny how Dan S couldn’t wait to send his email to lay 13k people off. Sent it at 7 am. Well it’s 8 am the next day and we still don’t know which execs, vps, sds and ads got laid off. He laid off all the people that do the actual work but kept all the people who just go to meetings to wag their fingers. Good luck turning this company around with people who don’t want to do a lick of work

Looking forward(not) to all the brown nosing and but kissing the will commence into overdrive in the coming days for those that are left. People jockeying for attention so that they may not be named in the next round.

Looking at the FIS quarterly report, FIS has paid out $205 million in severance this year compared to $34 million for the same period last year. Also there is a comment, "The Company continues to evaluate its organizational structure and expects to
incur additional severance costs in the fourth quarter of 2025." I wonder how many people that equates to?

Who will get affected this next wave? Non-union again? Or Union? Any sources out there?

Does anyone know if our severance will be paid out in what format?

When some one gets RIF
do they lose all their unused Pto also?
Hope they get good severance package
What else they need to know

My whole office is being taken over by Indirect and our positions are being eliminated. The agent was in our store recruiting within the first hour of opening the doors. The effective date is 1/1.

I don't know how it will feel to work the holidays knowing it all ends 12/31. I will take care of people that come in the way I would help a friend, but the numbers, the quotas, the lead calls... none of it matters. I am surprised a bit that we would be kept on board through the eoy, but I supposed they would rather have people clerking in the store for revenue, vs. dealing with a store that can't operate?

Prayers for the rest of your out there 🙏

Any word of SGL, salary, VCIP, and RSU changes for individuals moved to new roles? I know some were demoted and informed of compensation changes at the time of that notification, but is everyone else to assume that no changes are coming? Will we experience similar SGL restructuring as occurred in Canada?

Can you imagine all the random phones and accessories about to go missing from disgruntled laid off workers? I suspect airpods will be the biggest take.

Happening the 2nd week of December.
Start looking at conference room blocks.

• Likely on Wednesday.

I’ve heard the total reductions for the year will be around +20% company wide. - They have staggered them throughout the year to limit visibility. (Plants/Regions/HQ/removing open roles and now the great “re-org”)

We haven’t seen a WARN notice, so how might they be getting around it? (Please add if you know other ways)

Paying in-lieu of notice: Instead of providing the 60-day notice, a company may choose to pay employees for the 60-day period plus any benefits they would have received.

Forced attrition: Some companies may attempt to reduce their workforce by placing good employees on performance improvement plans (PIPs) with the hope that they will quit, thus avoiding severance and WARN Act obligations.

Notice +60: company may give notice on a predetermined day allowing for the 60 days to transpire with employees “transitioning” during this time; (so not actually going around the rules)

With the new performance framework being introduced they’re removing any incentive for high performers to go above and beyond, as their peers who perform below average will receive the same bonuses.

Meanwhile they keep repeating ad nauseam that our ambition is to be the #1 sports brand in the world.

It’s clear they want more people to leave.

All of Optum at home needs to be rethought. Leadership in the Midwest is a disgrace, micromanagement is off the charts, leadership is vindictive and retaliatory. They do NOT want to promote you or move you anywhere after hundreds of applications and years into the company. If you say one thing that isn’t liked within Optum you will pay for it until you’re driven to quit from the pressure. This entire company is a disgrace. I PRAY every day I get laid off. Any news for 2026??

What a puppet guy come in just threw people out. Not even understanding of any sentiments who needs to removed . He’s not only a joker but he’s entire circus

I survived. Most of my team made it. And here I am, still unable to relax and sleep. I think this messed me up more than I thought.

Now because Plano is going to close. They threw out a fig leaf. They want to keep flagship open..Taxpayers already bailed it out.

Hope the city council doesn't give more money to this debt ridden company . While legitimate things could occur...I know Nordstrom would never do such and I support them. Even if their stuff is tame. Bloomingdales is looking at this market as ripe besides panned store in Frisco.

You can't help but wonder why a once great company would purposely hire a corrupt and incompetent CEO knowing that he completely destroyed the previous company from which he came. What's worse, is that thanks to his gross ineptitude, well over 30,000 (and counting) good, hardworking, tenured employees got sc--wed over during his reign. Meanwhile, he gets rewarded and gets to walk away with a 40 million dollar golden parachute fot it. It's criminal.

Let’s share actual DATA (no spamming) so it helps all of us!
Use the following template to report any company wide layoffs-
Office location-division- number of people- roles- onsite/remote/hybrid

No spamming pls🙏

Have any teams begun laying off contractors this week?

In October the U.S. saw more layoffs in one month than any month in the last 20 years. Now another 13k, there are no companies hiring we are out of a job and right before the holidays and a massive Great Depression hits. This is so much worse than many think, there won’t be enough jobs out there for all of us. I just lost my insurance, I am fu---d
This is heartless and I was laid off on a fu--ing mistake. I was not bottom 5%, I was a top performer I did not deserve this at fu--ing all. This is bullsh-t. The CEO gets 20 million fu--ing dollars and lays us off before the holidays. Fu-k this company.

The new CEO literally came in and said there would be layoffs. He literally said around 15,000 would be laid off.

If you thought it wouldn’t have been you, you are living under a rock.

Read the comments. So many posts about how it’s heartless to do a mass layoff right before the holidays … and how this isn’t the right strategy

https://www.linkedin.com/posts/patiencehaggin_verizons-largest-ever-round-of-layoffs-started-share-7397358127546777601-dyxz?utm_source=social_share_send&utm_medium=ios_app&rcm=ACoAACIHN8cBW6MjhO5MIGRsVYnqPlZ3Ttd_bdI&utm_campaign=copy_link

Jan 31 @ 237. Apr 17 @ 172. Oct 17 @ $213. Nov 3 @ $254. Nov 20 @ $217.

LAYOFFS!