I bet a lot of Verizon employees don’t know that the I2B channel just laid off all of its directors and about 34% of its account managers. Just an FYI.
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Yes, confirmed. About 30pct of Account Managers and 4 Directors all cut.
Do we have any idea how many were impacted in total? NIKE laying off 1000 --Netflix - laying off 1000 - put ur seat belts on as it will get worse before it gets better Lowell once siad in a meeting that there will come a time that we just sell air-space --- don't need tons of people to do what can be done on-line
It does not surprise me anymore. CXO laid off all their sr directors in one go except one ( the bootlicker with verbal diarrhea).
Not all of them were bad leaders. I do not know who decides which one will stay and which one will laid off. They retained worse people in that scenario.
Confirmed
Nothing yet on “NJ WARN” site. New Jersey's WARN Act is triggered when an employer with 100 or more employees (full-time or part-time) terminates 50 or more employees at a single establishment within a 30-day period. Guessing was under 50 in NJ? Or, just covered so many states didn’t meet min requirements…..
Can anyone else verify this? I2B is Verizon’s Indirect-to-Business division. Focus is on small to medium business customer base through 3rd party retail partners. Any names?
What is 12B?
@OP All I will say is that many of them drank the Kool-Aid instead of implementing a sustainable strategy or building actual sales capability. The plan shifted month-to-month—moving from a clear, strategic channel approach to throwing things at the wall to see what sticks. One director was so obsessed with AI that he completely ignored helping his SAMs remove the roadblocks preventing them from hitting their targets.
But the issue goes way beyond these order takers. Business and Consumer have competing priorities, and neither aligns with our agent partners to solve operational bottlenecks as a unified team. Leadership needs to align those priorities and give agents a single, cohesive target that spans both sides of the house. Top-level executives rarely meet with certain agent C-suite leaders, so senior directors ought to pack their bags too. The harsh truth is that most of I2B and Consumer don't understand the sales cycle or how to genuinely partner with agents to drive growth.