#management

I left VZ enterprise a few years ago and I will share this. One thing that was tiresome were the constant RIF's., I started with Verizon back in 2010...they had 164000 employees...just to put that into perspective, the company continues to shrink, continuess to be mismanaged, continues to flounder with no real direction or plan to build the company and make it strong. On the flip side, NTT employs 250K people globally and yes they have their fair share of problems, but they are not shrinking like Verizon is...

Because the way these layoffs were structured doesn’t make much sense, nor how most of the people were selected. The chaos that’s going to follow is going to be impossible to manage.

Heard from 2 independent sources (i.e. Supervisor and above) now that the number of people not opting to relocate to Edmonton is much higher than what Management anticipated. It will be interesting to see how they handle this!!

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.

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.

Asm in Atlantic south need answers as to job safety for store level managers I know reps are affected but idk about ASM and RM

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.

Anyone who speculated that Lex Loofah would end up at 101 Productions so he could continue sponging off Taylor Sheridan was close, but apparently not quite on the money.

Kind of appalling that NBCU is going to pay him to continue riding Sheridan's coattails and declare himself a "hitmaker" despite not actually making anything himself.

Gross.

https://www.hollywoodreporter.com/business/business-news/chris-mccarthy-follow-taylor-sheridan-nbcuniversal-1236431266/

The only thing worth anything in the retirement package is you can carry over your sup life insurance. All else seems expensive as cra*. But they do now have an option to get through ACA.

At the time it’s like “oh new center! It’ll be awesome”

And now it’s like “too much bloat, have to be lean and a miserable place to be with 75% of your team left in an already lean function” wtf?

Ever since the layoffs, it’s been crystal clear: Target doesn’t have the desire to do another formal RIF, so they’re trying to make the rest of us rage-quit instead.
The new SVPs openly don’t trust any of the remaining VPs because they’re “holdovers from the Brian Cornell personality-cult era.” That distrust trickles down hard — directors and Sr. directors are getting micromanaged into the ground, skipped in meetings, or flat-out told their opinion doesn’t matter because they’re “old Target.”
And now the latest insanity in Target Tech: they are MANDATING that story pointing be “consistent” across the entire org — one point = one ideal engineering day. Doesn’t matter if you’re on a legacy spaghetti codebase or greenfield green-grass stuff, doesn’t matter if half your sprint is fighting Prod fires or on-call — 1 point = 8 hours or you’re “underperforming.” They’re literally we-ponizing story points to create impossible velocity goals so they can PIP people who can’t hit the made-up numbers.
Hours are creeping up, recognition is gone, morale is in the toilet, and every standup feels like a performance review. Classic constructive discharge playbook.

Curious to know if anyone’s heard any feedback on how they’re making these decisions. Will it be our direct manager deciding who gets cut?

Our manager is making us come in, seems ruthless. I’d like to have the option of sobbing in the privacy of my own home. For the love of god, what is the obsession with being in the office. Give us our dignity during such a high stress time.

My manager was let go.... does the new person that i report to who knows nothing about my work do this?

VP's, director's and managers do not lead, they spread their toxic behavior and all they care about is employees that follow their lead and cut costs. While knowing HR and lawyers will cover it up. This ends up costing more in the end. Hold these people accountable for their actions, inactions, tactics and improve the moral of the entire team. Start investigating HR and move on through the VP's, directors and managers. Time for the trustees to make moves to remove these toxic leaders and show employees they are respected and cared for. Talent, experience and leaders are being lost. The system failed all employees.

If you’ve experienced five years of consistent outflows, you need to examine the root cause: leadership. Start there to fix the problem.

FM lifted, what’s the prognosis amongst the crew? Is it worth à chat with my manager?

I have to say, the leadership at Verizon has done some UTTERLY stupid things. Yet nothing happens to them... For example this Frontier debacle. Buy Yahoo/AOL? Really? Blue Jeans? No one even knows that that is? Why buy Blue Jeans when Zoom, MS Teams, and Google Chat were already well established? Just d-mb...

Really bad decisions and the employees are left with the fallout. Mr. Hans gets his golden parachute... just like those before him.

Dan is simply using Elon's model of slash and cut (e.g. Twitter/X). The problem that Dan doesn't understand is that an application only has so many facets. A network the size of Verizon is extremely complicated and can't be compared to a phone App, but he doesn't care. He's a short-timer.

Best of luck to you people. The job market is good if you live in Texas. If you don't, it is more challenging. You'll find something but maybe not at the pay you're currently making.

I’m in VZ Connect but my manager is terrible and doesn’t communicate well. Can anyone tell me if Connect will be impacted?

That was fast. On another note, I can’t believe we paid over $3B for that business. It’s probably worth $500mm at most.

Looks like there’s a meeting with a lot of managers at 10 today. I’m going to assume it’s the HR call coaching them on RIFs…

It has become prisoners of Mckinsey. Mck folks have more info than employee. on an average there is 1 (employee) to 10 McK person in meetings.. think if McK people charge 400 an hr. how much they are minting. I am sure Mr CIO gets the kickback. This company is going to go down.

The reality of SOLV financials is gruesome. Revenue just north of 8 billion. Debt north of 5 billion. Bryan is a grossly incompetent and overpaid clown but he was dealt a bad hand thanks to Mike Roman. How 3M saddled a HC spin less than 25 percent of the original company was a master play in financial engineering.

Even after the only smart move Hanson could do in spinning off Filtration, his card deck is full of low cards. No aces of trump left. He's being pressured by a rich guy who may not live out the next four years of the "Solventum Way" given he's already 83.

The poster who wished SOLV had never been spun off is right. As bad as 3M is being run, at least the stock price has doubled under Bill Brown.

If you are still working at SOLV and see things differently, please pass the gummies. The layoffs will accelerate and not just be a Frank Shirley Christmas bonus special. No way can Bryan grow the top line when he's obsessed with cutting costs. The one good chance HCBG ever had of being special died when Bryan listened to the guy on the yacht instead of going all in for growth.

Meanwhile, cousin Eddie is getting the long desired management position he's always wanted, reporting directly to Heather. The two would make a great tag team in the WWF of overpaid and overweight execs.

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.

A manager asked me if I would be interested in management. lol! What a joke. I’m a rental agent. I make more money than operations managers, sales managers, senior operations mangers, GMs and I didn’t even go to college.

You have to be extra special to take a pay cut to work those ate hours and around the clock to make half the pay.

Plus I get paid weekly. Don’t be stupid ig you’re approached. It’s all lies.

How often is your manager doing 1:1s

This person was kind enough to let me know even though they weren’t supposed to. But seems like this forum hit on the headed. Praying for you all. I still don’t know what it means for me

The number of regions is changing. Management will be downsized accordingly.

If they're telling you they don't know they're either lying or they're on the chopping block too. Calls will begin on Thursday (100% no doubt).

This is THE worst kept secret in Verizon... and elsewhere for that matter. Upper management is ticked off that this leaked. Honestly, what do you expect when you "whack and hack" 15% across the board without really knowing what you're doing?

I am feel sorry for those let go because the job market right now is just not great. There is life outside of Verizon, you may have to look for it ... for quite a while.

Good luck people...

I guess when the thought of losing your job is gone, you can go back to being a POS

https://www.tipranks.com/news/honeywell-stock-forecast-gets-slashed-drastically-by-bank-of-america-analyst-heres-why

Anyone surprised? I'm not. This place is an inept joke. What are the worst management decisions you've seen this past year?

My manager is giving me same copy pasted comments since past 5-6 quarter.

Why do we need to spend hours putting thoughts into how our work impacted our teams when the manager simply just adds one line and copy pastes same sh-t from previous quarters?

Is this normal?? What's an easy way to confront about this?

I have tried asking "I see some comments which overlapped previous quarter,
Would it be fair to say I'm not improving considering same commentary "

To which they blabber about something totally irrelevant to my performance

How are you already telling me as a fresh managers my hours will be cut for Thanksgiving week how is that even possible and as a produce lead I have to make sure produce, deli, and freezer cooler looks good everyday smhhhhhh.

Are managers notified when you apply for another role internally? Or are they only notified if you are selected for an interview

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

Verizon employees have been advised (through management) not to speak on any social media or face being pulled into 'review meetings.' We're not even allowed to post group outings, literally nothing.

What in the world is going on?

https://nypost.com/2025/11/14/business/ousted-verizon-boss-could-still-pocket-most-of-20m-salary-as-company-cuts-15000-jobs-report/

If we get a RIF notice on Thursday, during our remaining days with Vz, will mgt give us time to focus on job search, or instead have us continue BAU, close out projects and train our replacements?

Any insights as to what the future holds for R2B? Only a couple months into my tenure (Sr Mgr) and very concerned.

I left PepsiCo place because it felt like managers outnumbered the people actually doing the job. Meetings were packed with folks who barely contributed while a handful carried the load. It was all title collecting and empire building with no real value added. Watching layers pile up while workers got nothing in return was exhausting. I see very little has changed in the years since I left. I hope leadership eventually wakes up and fixes the mess.