I know the title says something big but this is not about Matt Carr, this is about October layoffs. Possibly November. Something big is obviously coming. Who cares about the rumors just look at the executive actions. They have a goal to cut cost up to 5b which they still haven’t met. One last thing next time Dan is up there talking about the Verizon turn around and AI ask him why aren’t any executives doing any open market buys? If the company is having such an amazing turn around why aren’t they buying? Dan needs to put his money where his mouth is and buy some Verizon stock
25 replies (most recent on top)
@q2 and produce his own millions and for his paypal buddies from Layoffs, board happy.
Dan is not just “following orders”, he struck a deal with Verizon and sold himself into the role by pitching that he will cut jobs and save $5b. That was his sales pitch, no one put a g-n to his head
@ma the good Ole boys system
@OP lay off people and add layers??? I missed this one in business school
@gp True genius on display. I feel honored to have been able to witness it.
@gp Every manager!!! Take a stand and refuse to do the very job your employer pays you to do!!!
Be proud, be right, be fired for insubordination, be ineligible for unemployment and be the type of person no one will ever hire!!!
While the people you refused to lay off still get laid off with a severance and eligibility for unemployment and a good chance of finding another job.
@gp Please make this your resume and see how many businesses will hire you. Good luck with that. 😂😂😂
@fr - Must have hit a nerve. The point is that you, and others like you, hide behind the "manager" title and do not accept responsibility for your actions. Removing people from the payroll (and entire families from having medical insurance etc.....) for no other reason than to make some other people richer is WRONG. Saying it is just part of the job - i.e., "I was told to do it, I had no other choice" - is sad, and pathetic. I think the phrase "just following orders" has been used a few too many times. The "tough thing" to do here is to say NO to the person telling you to fire people. There is nothing tough about you or any manager carrying the water for greedy sociopaths.
Of course, there is a difference between firing, laying off and riffing people. YOU used the term laying people off. Laying off people indicates there is a chance for people to come back to a job when the company's circumstances improve. Well, VZ's circumstances are not, and have not been bad such that people needed to be laid off or riffed. The reason for kicking people to the curb is and has been pure greed of some, and because the status quo of too many people, including you, is to NOT challenge it. You feel sorry for yourself and reference how you had to be cruel to someone. Pathetic. VZ's MO is to replace fired ("riffed" for you and those that are swallowing your guilty consciences) employees with H1Bs or contractors at some point after the rifs. VZ had over 200K fulltime employees 15 years ago supporting a network one third the size. There was plenty of money. Now there are many more subscribers and less than half the fulltime employees. Where or where can all that income be going?
I use the term fired, instead of riffed, because riffed implies there is some valid justification. Yep, there will be some pennies thrown at the fired person in the case of a "rif," and that person can draw some unemployment monies THAT WE ALL PAY INTO FOR ALL OF OUR WORKING LIVES. But, the rifs that have occurred over the past year have not been for the betterment of VZ, no matter how much you try to convince yourself that they were needed.
@fd Laying people off is part of the job when you're a manager. It's one of the reasons there is a separation between a manager and their employees where they shouldn't hang out and get too friendly so it doesn't blur the lines and make things uncomfortable. But if their manager or their manager's manager says the decision has come down that layoffs are going to happen are you actually suggesting they ignore that? Maybe quit? That's part of the job. It's one of the worst parts of the job but it's still part of the job. I don't think I have ever heard a more ignorant statement. If having to do tough things is not something you can handle then don't ever try to be a manager or a supervisor or anything other than a bottom line employee. And if you want to embrace your principles and quit if you were put in that position, then more power to you. See if anyone will hire someone that will openly defy a decision the company has made. Make sure you tell them ahead of time at the job interview that you are there for the good times but you will quit if you feel uncomfortable having to do something that is a part of the job.
And use the correct terminology. If you got fired then you don't get unemployment. You don't get a severance. You may not even get a cardboard box to load your s*** in when you leave.
If you got fired then you were probably told to do your job and lay someone off and you refused to do your job.
If you get laid off, you may get a severance. When the severance runs out you can go on unemployment if you haven't found anything. They may or may not give you a box to put your s*** in but they will probably provide other things. When I got laid off at another company they paid for 6 months to have an employment agency make a professional resume and send good leads for positions in my field and I found another job before the severance ran out and unemployment started.
Educate yourself. Go and learn some things before you come in here throwing your lack of knowledge around.
@ez - You had to layoff people...? Nope, not true. You may not have made the decision to FIRE people (use the correct terminology - those people are not coming back, and the RIF term is used to make people like yourself feel better). Either way, you participated in the firing process, meaning you are complicit and enabling of the problem (sc--wing overall society so the oligarchs make more money). Of course, this is assuming all of the people you fired was not for cause or real performance issues. Go crawl under a rock where you belong.
Right before Halloween is my guess. I have had to lay off people who were dressed up in costumes to celebrate Halloween back when we had fun at work. It was awful yet somehow laughable at the same time. Sitting across from someone dressed up like a bumble bee and telling them their job was over, was cruel.
Insiders only trade when they get inside info. The Orange felon does it all the time.
@by D@mn autocorrect!!
Something big alright.
I can feel it coming in your hair tonight.
@ad thats last year re-published
@OP Big!!! If true
@a6 then why do they sell every bit of it. There’s SEC filings almost every week notifying of Dan selling stock. Their excuse is that it’s normal for execs since it’s income and tax related well why don’t go and buy some on the open market
@a5 mine says if not yours then Jan, Feb or March else if not April, may, june, july, Aug or Sept. If none of them then Oct, Nov or Dec.
@ad did you even read the article and what garbage site is this? It’s recycled news from last year
Not true. Dan promosed no more layoffs.
@ad Great news for me, because I need a severance package.
I saw this headline from Founders News -
Verizon slashes 13,000 jobs to fund artificial intelligence overhaul
https://foundernews.eu/verizon-slashes-13000-jobs-to-fund-artificial-intelligence-overhaul/
The article was written today Sept 29, 2026. I aasune this is different from the Nov 2025 layoff.
Why would Dan or any executive buy stocks when they are granted millions?
My spider senses are telling me it's Oct, Nov & Dec.
LOL