Don't forget this hurt and betrayal. Don't let this heal. Show the management that we are consumers and we can influence consumers. Hit them where it hurts.
-Take away your business to other providers
Influence your family and friends to take their business away too
When you land in new positions make sure you influence business away from VZ
If possible dump Verizon stock
Specifically influence "millennials" to stay away from VZ
Don't forget. Drive the netadds for FIOS numbers down for Q1 2016 and let the management feel the heat.
You forgot about go90 and the AOL purchase. #WINNING
Everybody that I knew in VLSS were totally worthless, blithering idiots. But even at that, they were still marginally smarter than the brightest VDSI employee. In the end, it's all just a big, steamy pile .....
The stellar decisions from this management team:
1) We are the best network we don't need iPhone... ATT got a lifeline and tons of money to build their network.
2) We are going to a cloud strategy lets buy Terremark... where is our cloud offering in the marketplace??
3) We will do M2M lets buy Hughes Telematics... we finally launched an overpriced product in the market this year.
4) Netflix was available for much cheaper and they passed on the opportunity to save for the wireless purchase
5) Lets buy Wireless stake for 120B. Its cheap :)
I know hindsight is 20/20 but how many bad decisions do we have to live through with this management team.
BTW this is a shareholder speaking not a disgruntled employee.
If you are looking for a wireless service that is truly different, give Googles Project Fi a try.
VLSS is a lot of BS when used outside of a manufacturing environment. Even GE abandoned it. Ironically just when Verizon picked it up. 'Day late and a dollar short continued. It was really a means of giving a favored exec something to do.
Right on. As a insider here you see whats happening. The landline side is a complete mess from budgets to head counts to work load. The fios pojects are a disaster, to speak nicely. The several year old FTTP "fios" equipment and telco plant are in complete shambles and close to failure.
The wireless side is trying to squeeze every last cent out of anything that will bleed. Sell, chop, & layoff are the new credo for every department.
VLSS has only served to bloat the pockets of those who designed the program and cripple the workforce at VZ.
Boat loads of money were and are being spent on surveillance of the workforce here with no measurable ROI. This is a huge expense which is being hidden on paper.
Many things need audited at vz..... Total insanity!!!
have not used their services since they took my career. Don't understand why anyone would!
@xos - Social media influences VZ?
A lot of angry people here
To the management troll who posted about not spitting in the wind...
Network is now a commodity and there is another provider that has very good coverage across the nation. Thanks to Danny boy giving them the iPhone launch that provider has built up the network and is now close on coverage not a distant 2nd.
SO switching providers from VZ to another provider will not endanger ur job or new employer as long as you get them a good deal. Its all a cost play now.. not much difference in quality of service.
As far as friends are concerned they are old like me and are already on their way out if not already kicked out. And the remaining are already looking outside. So don't worry about my friends.
Drive the numbers down so that this screwup team gets kicked out in the next few quarters.
hsr is talking out of his backside and obviously leanred very little during their time at VZ. KTB was burned too, no doubt do to age.
I have never used VZW in my life and never will. I sold all my VZ stock already when it was $49.
I dumped my Verizon stock and cell service long ago.
How many people were forced out one way or another, how's that go 1 person tells 2 people who each tell 2 people and so on and so on and so on. That's sad!
Hey Lowell, now its my turn, I declared a surplus we will be using a different provider from now on. You Lose
Started my new position 1 month ago, I am currently evaluating our cell / data plan, I can assure you we wont be using the big red v.
I am in the process of changing providers for my new employer we are dropping Verizon, I didn't realize what influence I have with a large multinational.
It's very satisfying to know I give this company 0$, just take $.
I imagine HR/management who still working for VZ are too busy to post here, but that is what -ktb sounds like to me. Regarding the stock, sell it as quick as you can. Not because you're hurt or angry, but because it is going to drop like a rock! The company could still turn around. However it is going to take someone who has a vision for the future, not someone all but cooking the books to look profitable while setting up the company for failure in the future. Do you really think Verizon is going to be able to get content anyone really wants to see? That go90 is going to be profitable? Management has jumped from one 'salvation' to another since McA$$ and Shamu took the helm. McA$$ actually said the industry is moving so fast that he has no idea what will be the primary revenue source in two years. Leaders don't make statements like that, cowards are trying to make it another quarter without losing their jobs do. It will be interesting to see what the board says after this quarter. Management might make it through it and one more quarter after but if things have not turned around by then come June they will be out. Wait and see.
Cool story bro
There are better ways .Read the following link and meet others trying to protect us workers and join hands with us.
http://protectusworkers.org/2015/12/be-brave-make-change/
Sounds like you are mad, sad, hurt and angry. I get it.
But "don't cut your nose off to spite your face", as the saying goes.
The telecom provider to your family and friends should be a econimic decision, based on cost, product, service and efficacy.
Same thing for the next bullet point. If your new employer is currently using Verizon, pays a decent fee and gets good service, why take a risk of encouraging them to switch to something that may no work out as well for them. If they do and it does not work out, who loses? Them, you and your reputation.
Also, many of your friends work at Verizon. Do you really want to hurt your friends just to get back at some corporation? I wouldn't want my friends to do that to me, would you?
Don't sell the stock unless you have a better investment play. Right now Verizon is a solid stock play. It has a stellar dividend yielding almost 5%. There are not many places where you can get that now given the widows & orphan risk nature of the stock. Notice that whenever the market has a bad day or becomes fearful, Verizon has a good day in the market. That is not someting to throw away, particularly in this environment. Plus this is a business that you understand. Would you really wish to invest in something that you are less familiar with?
With regardd to Millennials, well, they are all about the lowest cost and/or cachet. In short, they are cheap and easy. Verizon is too expensive for many millennials as it is, which is why T-mobile gets so many of them. They also seems to flock to the 'in thing', which is why they go for iPhones even though Samsungs, Droids et al have more services and better, longer batteries. But when Millennials actually have to purchase them, then they tend to go low rent real fast, and get cheap phones.
Bottom line, don't spit into the wind, or you mess yourself up. Keep your stock untill you can find someting better. But if you keep that stock because it is a good investment play and chase business away, then you are just putting downward pressure on the stock, and you end up hurting yourself and your friends.
Be happy that you got out with the shirt on your back, a good name on your resume, and some decent severance.
I truly wish you the best of luck in your job search, and a happy & joyous holidays, despite the obvious.
don't forget to use social media against VZ. It has the power to influence.