#layoffs

Any word on North Carolina employees and what departments are getting hit?

Or are they planning multiple rounds?
I am interested in what people think as I know what the execs will say.

It looks to me like they're almost positioning Verizon to be sold. I have seen these sorts of layoffs (no rhyme or reason and across EVERY GROUP) before and it has always been before a company goes up for sale.

I think there would be anti-trust issues with having an AT&T or T-Mobile buy it, but who knows, maybe Elon might buy it. I have heard that Dan is buddies with Elon.

Pure speculation, but something is quite amiss about how this whole thing has been done and handled from a managerial standpoint.

Both NY and NJ have 90 requirements for WARN notices. How is Verizon justifying some NYers staying on until 12/19 while NJers stay on until 2/19?

Analyst in BR, entire team laid off under VCG higgens group this morning

Rip

This is sad for me working for almost 8 years just got laid off

We do layoffs every holiday season.
You will be laid off eventually.
I'd estimate half of you will be laid off by the summer

How our beloved institution seems to have lost its soul and senior talent.

At BNY Mellon, "strategic alignment" appears to be more of a psychological endurance test than a business principle. It feels like we're in a corporate escape room where the clues are cloaked in jargon, the exits are offshored, and the ultimate reward is a Teams meeting with someone fresh out of college who thinks "mainframe" refers to a type of Sleep Number mattress.

Let's start with our CEO, Robin Vince. His leadership style, characterized by vague declarations and performative empathy, seems to ignore the fact that our ship is sinking while they outsource the lifeboats and call the iceberg "cost synergy." His signature look—perpetual five o'clock shadow, freshly steamed suit, and a Rolex Platinum—speaks volumes. While he touts "free coffee in the office" as if it's a groundbreaking perk, jobs are quietly slashed, benefits reduced, promotions frozen, and merit increases become almost laughable. Anything with a cost is either stopped, frozen, or eliminated.

Then there's the Return to Office (RTO) campaign, which was touted as a bold move toward collaboration but ended up feeling more like a scavenger hunt for badge access in a haunted coworking space. Employees were encouraged to "reconnect," only to find their teams had been restructured, relocated, or replaced by someone in Wroclaw who thinks "Waterfall" is a Spotify playlist. The real aim seems to be forcing attrition without paying severance. If you're mid-career, have missed a few badge swipes, work from home, or your office commute now involves multiple transfers and a broken escalator, congratulations—you've been strategically unaligned.

The pattern of layoffs, or "realignments" and "talent redistributions," is another concern. It feels like we're constantly under the threat of being let go, with every "quick sync" or "just checking in" message potentially signaling the end. If you're a male over 40, HR may have already tagged you as "legacy talent"—a polite way of saying "low T, too expensive to keep, too experienced to promote."

Our globalization strategy, which involves sending jobs to India and Poland, complicates things further. The result is a tangled mess of time zones, miscommunication, and Jira tickets bouncing around like the timeline for releasing the Jeffrey Epstein files. Clients notice, deadlines slip, and deliverables vanish, but we're reassured by the opening of a new "Center of Excellence" in a country where no one has met the client or used the software.

The hiring strategy now mirrors a university career fair, favoring fresh grads over seasoned professionals. These new recruits are bright-eyed, bushy-tailed, and completely unqualified, but they're cheap and can build dashboards filled with cat memes and Sora videos. Meanwhile, experienced employees are nudged toward "voluntary transitions" or given roles so meaningless that early retirement becomes an appealing option.

Our product delivery strategy is another area of concern. It feels like a choose-your-own-adventure book where every path leads to a missed deadline. Teams are gutted, timelines are fictional, and clients are reassured with phrases like "we're in the ideation phase" or "we're pivoting to a more scalable solution," which is code for "we have no idea what we're doing."

Finally, when in doubt, we call McKinsey. Their playbook includes renaming layoffs as "talent fluidity," creating dashboards that track morale using emoji reactions, launching pilot programs that solve nothing but look great in slide decks, blaming the org chart and redrawing it using a dartboard, and hosting "strategic engagement sessions" with bagels and muffins, calling it transformation.

In summary, BNY's strategic alignment feels more like a slow, grinding descent into cost-cutting madness masquerading as innovation. The only thing truly aligned is the exit door. If you're still here, congratulations—you've survived another quarter of corporate performance art. Just remember, your resilience isn't a virtue; it's a KPI. Your reward? Free coffee and the privilege of watching your job get reclassified as "non-core" while waiting for your personal release date.

The way this was handled is a disgrace, especially for a "communications" company. Verizon has been losing customers by the hundreds for months now and their solution is to cut Operations. Some markets are down to a few guys for entire states. Way to put the customer first, Verizon. Bravo.

If anyone from New York Metro is affected, please post here.

To start with, John Gibbons, Patrick Davie

I want to milk this to the maximum. I earned it after 12 years here.

And that's supposed to be the future. There really isn't any rhyme or reason to this thing.

I’m a goner after 11 yrs (probably)! Nice knowing yall.

Not burnt but nuked, crazy stuff.

It will be a shell of its former self. Brilliant strategy, wireless and broadband, the 2 most commoditized products in the industry, and supposedly a transport provider with the shittiest and smallest footprint fiber network there is.

Old glass doesn't cut it these days.

Good luck to all!

Getting people who have given years to this company on group calls to tell them they are now unemployed is inhumane

My boss, my old boss, and my buddy who is a manager all got whacked this morning. There's blood in the streets. Never seen anything like this.

I can't remember of anything worse, but I haven't been here that long.

What about HR? Did they escape again? How about IT? Anyone left to RIF there or all already outsourced?

Welp, there you go. He survived, but there's only 2 left out of 10. How can they possibly do that amount of work? So we know that they're just being kept around for knowledge transfer and then he will be gone in Feb/Mar when the next round hits.

We're both pretty upset as the people on the team were really good people and hard workers. No "slackers".

Best of luck to all of you. It's a really sad day for so many people... even for those that "survived".

Did you know Noelle Eder, the architect of HIH, sold nearly 10,000 shares of CIGNA stock in March when it was around $300/share? On April 3rd hundreds were laid off. She resigned on April 22.

Last day Feb 20th

They just laid-off 13,000 employees. So sad. We did NOT think that this was going to happen a year ago. Some things, like lay-offs are out of the employees control. As they say: "Everything happens for a reason". Our family member is in shock. Been there done that, myself. There IS a light at the end of the tunnel.

Many reps and ADs getting the news today. Calls will begin shortly with a larger announcement mid day

Anyone heard any contractors being layed off? All I have heard atleast from my team is FTE…which su-ks. I thought contractors would have been more impacted than FTE.

Hello all,

As someone who dedicated many years to Verizon, my heart is with everyone impacted today. This season may bring doubt, fear, uncertainty, and even emotional or mental strain — and that’s completely human.

In moments like this, I encourage you to look up instead of down. Lean into your faith. Talk to God, give Him your worries, and let Him strengthen you. Don’t sit alone with heavy emotions — hand them over and let God work in the silence.

Just like a seed planted in the ground, you may feel surrounded by darkness at first. But roots grow in the unseen places. If you plant yourself in the right soil — prayer, stillness, and purpose — you will rise stronger than before.

I’m praying for you and your families through this transition. God will bring you through this, and what’s ahead will be better than what’s behind.

Just got told by my AD that her last day is 12/19

Anything on CA side of thing yet?

Performance based reductions to take place in February! Bottom 8-10% will be cut after the holidays. This will not fall under the RIF numbers and will categorized differently to avoid Federal regulations and penalties. Its going to be Hunger Games Verizon style. Truely unfair to hold people hostage for the holidays and then discard. Makes me sick.

Did anybody realize last week's layoffs were coming? For me, it completely came out of the blue. Now I'm even more nervous that it can happen any day without warning, and it's not helping my mental health at all.

I guess they are truly looking after the employees being laid off. That is why I am moving all my 6 lines to T-Mobile. Based on my initial calculations it will come out less than what I am paying with the employee discount. Let that sink in :)

Same news as others posted.

When will they realize that getting rid of the best people is only harming the company in the long run? The value of institutional knowledge can't be overstated and they just keep throwing it away like it's nothing.

How many are gone?

Who in TPD is affected?

The town hall today has been disgraceful as to how things discussed. Zero respect for people who have lost jobs and no clarity for employees. So so poor. A lot of shiny slides but no compassion for colleagues

Any news from Midwest? anyone getting cut? I hope everyone the best rn!
God bless!

Anyone in supply chain affected?

This is crazy. West coast news will starting hitting within the hour.

Sorry if this was already asked and answered, but posts are coming in too fast and I can't keep up. Are people getting any extended medical coverage as part of the severance package?