Really hoping this all turns out to be a big nothingburger.
16 replies (most recent on top)
@a1 rumors come from the place. So far all the major rumors have been correct. This one will be too
get rid of redundant groups, escape rooms, pmo, cyberdata job hub, incident response why does Verizon need 3 of the same teams? Internal Pen Testing outsourced, insourced and in India? Firewall Rules 15+ years old. SIEM consuming over 8 Terrabytes of data for one platform. Streamline the above and people, that is a cost savings of 11 million plus.
@OP "At Verizon, layoffs will be a way of life".... this is all you need to know and it is all you should be planing for.
@jn Homework people - WARN appears only AFTER notifications, and shows the end date for those notified 90 days before hand. WARN is not a 'warning' of what is to come, but notification of what has already transpired.
There is already a warn notice filed for NJ last week impacting over 200 employees
It's CMO in Thursday. They weren't apart of the VCG layoffs over the summer so they are reorging now
@e1 Wireless.
I don't see how this can be even close to true.. in New Jersey they are even going so far as to add a new second liner for I&M and give him a fake group that never existed before.. I would think if they're just running around hiding and protecting people and giving them fake titles how could they possibly lay anybody off??
Next week is very likely to happen, as a management employee myself I have heard enough rumors and scuttlebut that I feel it will happen. Also since Dan S is having an all hands about company transformation on the 29th, it only makes sense next week will be a reduction. Im hearing band 5 and up will be affected and there will be a consolidation of markets.
@a8
They are doing it because a retired millionaire PR--K they put on the board is a greedy s-b and came out of retirement to grab 60 mill in 3 years plus the profits from share grants given that’s gonna get driven to the stock price above 60 for all the board members to mash out … then the company will be a skeleton and acquired by someone
Rumors of layoffs on every pay week are persisting.
@a6 there are plenty of chatter about. It's suppose to affect CMO and several Sr directors have confirmed it.
@OP keeping in mind that the company is not struggling financially…they are not putting Americans out of work and destroying careers and livelihoods and subjecting these people to a horrible horrible job market… because they HAVE to….. they are doing it because they WANT to. Big difference.
value su-ks
There’s not even rumors lol just you putting out nonsense
They are just that…rumors.