Thread regarding Verizon Communications Inc. layoffs

The True Details

No way to track it so here is what is going to happen.

First, the last round of layoffs didn't go so well so plan on being asked to leave the building tomorrow based on all of the issues that came up last time.

DM Bottom 10% Gone

Mall Locations Gone to Indirect (Rolling Process)

Other Small Underperforming Retail locations below margin Gone (Rolling Process)

SS Bottom 20% Gone

RSS Gone

Ops Significantly Reduced

SM Impact Differs by Store (Minimum 1 gone unless over 1300 contracts/mo) 1SM Minimum per store left

SMB Retail Support Gone

Indirect National Team Gone (May not be immediate)

Floating GM/DM Gone

Some GM's Gone and Dual Store Management will be engaged in special scenarios by SMs / DMs

Several other Non-Essential Roles will be gone

So here's the idea. Verizon still has a taste for retail it just doesn't have a taste for paying people to do things that the internet and ecommerce team can do for free. People are shopping online more by droves an it's becoming less essential to have large retail stores packed. As for your commission that you can't hit don't worry about it - In-case you haven't noticed you are doing more support lately and that's going to be the idea. Dual purposed reps that do service that can also sell. Not the other way around. Take the severance, take a vacation and find a new job.

Good Luck! I'll see you out there.

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| 19334 views | | 47 replies (last April 10, 2017) | Reply
Post ID: @OP+MEOomn2

47 replies (most recent on top)

Obviously he is, his tag says future ex VZW DM.

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Post ID: @ank+MEOomn2

Are you one of the dms let go?

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Post ID: @goa+MEOomn2

Where did you get all this information?

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Post ID: @mlt+MEOomn2

Remember to not take it personally. It's an intelligent business decision that you would make for your own business. Good news is you are being paid to leave.

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Post ID: @qde+MEOomn2

Sounds about right

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Post ID: @gha+MEOomn2

Good post. Thanks. And good luck to you.

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Post ID: @tnx+MEOomn2

Wow. Bottom 20% gone? No way...

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Post ID: @hwz+MEOomn2

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