Thread regarding Verizon Wireless layoffs

Remember When...

Remember when leadership would make jokes and laugh about Magenta and Sprint at our V-Team rally? Everyone had their noise makers, hats, and cheered at how our network was so superior. We went all in on millimeter wavelength and laughed at the merger. So now lets pay 10X for the bandwidth we should have bought years ago.
Leadership still defends the Yahoo/AOL purchase (5 Billion with a "B"), Go90, the data center fiasco,, (can't even remember the name of it) Connect, Bluejeans, OneTalk..etc etc. How many mistakes can be made without any accountability? Off shore all our IT and customer service? Yes I own one share of stock, so I am a unhappy owner that gives me the right to complain! Obviously the board needs to be held accountable (Lowell) for turning a blinds eye to this dumpster fire. Keep cooking the books, judgement day is coming for the swedish meatball. Even if our India IT was competent they can't track IP with a VPN...:) Baa Haa Haa

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| 1811 views | | 10 replies (last July 12, 2021) | Reply
Post ID: @OP+1bKa8sR4

10 replies (most recent on top)

Anyone remember the days of Isis Mobile Wallet? Hahaaha that was short lived...

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Post ID: @3hpg+1bKa8sR4

To the person commenting on shares ill just say this.

Ill be receiving $4400 in dividends on August 2nd

How about you?

Verizon is a dividend stock learn though about OPTIONS !!!

Also wonder why 401k float is becoming a bigger and bigger thing.

Any entity that can self deal can make a lot of money

Compare your off cycle checks with actual 401k deposits.

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Post ID: @2efn+1bKa8sR4

5 measly shares means you are a broke peon. You have no business commenting on the actual stock as your opinions are meaningless.

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Post ID: @2tem+1bKa8sR4

When Manie W. left the company she got a lovely golden parachute and left Verizon witb OATH.

She was so praised too.

The money from the purchase ect.

Well I bet most employees if not all are more successful too.

Whys that well lets say a really bad rep costs the company $400.00 due to a mistake.

Its still better than a $5 billion dollar mistake.

so which is better a $5 billion mistake or a $400.00 mistake yet which person made millions and which most likely got pipped ?

WELCOME TO VERIZON !!

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Post ID: @nxj+1bKa8sR4

Wallace Colyer was standing in a garage.

It was a day in early February 2015 and Colyer was at Verizon's (NYSE: VZ) development center in San José, Calif. He was addressing more than 250 employees at an all-hands townhall meeting, and the crowd was gathered in a large, open area, bordered by windows that looked out onto the back lot of the carrier's facility.

The garage has rough concrete floors, and the carrier, which had moved a team into the facility in December 2014, had sealed the floors but hadn't finished them because it wanted the space to look rough. It was a Silicon Valley touch that signaled Verizon's desire to develop a little startup flair. The garage has six sets of doors that can be pulled down to divide the space up, but on this day they all were open. Colyer, Verizon's vice president of engineering for its Go90 over-the-top mobile video product, had an important message to deliver.

There was a large group of engineers, developers, user experience designers and product managers assembled in the garage of the facility, which is near Mineta San José International Airport and only five miles from downtown. Many of them had come over to Verizon in early 2014 as part of Verizon's acquisition of Intel's OnCue platform. Many of those at the meeting had been working on IPTV and FiOS TV products, and were not focused on mobile.

Everything was going to change. Colyer told them that they would start working on a mobile-first product. "Burn your old bridges," he told them, and stop thinking of set-top boxes and consumer electronics devices as the way consumers would access video content. And crucially, he said, the new product would be aimed primarily at millennials, Americans born between 1982 and 2000, a group who now number more than 83 million.

Verizon had been edging toward this moment for several months, with a so-called "skunkworks" team developing the foundations of what would become Go90.

"But that was sort of the turning point where we said, this is what we're doing, we're focusing on it, we're going to make a big bet in these areas and we're going to put a significant amount of resources and infrastructure into it," Colyer told FierceWireless.
***

This is the story of the creation of Go90, Verizon's attempt to create a new service that appeals to a demographic it views as significantly important to its future, as told by some of the key executives involved in its development. It's a story of how Verizon wanted to create a product that would appeal to millennials, driven by a desire to create a large audience the carrier could deliver to marketers for targeted advertising (advertisers have largely been flummoxed by millennials' aversion to traditional pay-TV products).

And more broadly, it's the story of how a multibillion-dollar telecommunications company known for its staid leadership and methodically consistent financial results incubated a startup -- and a startup mentality -- inside itself.

Go90 was launched commercially to all wireless customers, not just those of Verizon, at the beginning of October. There are no guarantees it will succeed in building a large user base of millennials who advertisers can hyper-target with their ads. Verizon's entire strategy is predicated around the idea that it can create enough cool content that millennials will like it and keep coming back to watch, so that it can then deliver that large and reliable audience to advertisers.

So far, the app hasn't exactly been a runaway success, though Verizon plans to market it much more in the near future and add more content. According to app analytics firm App Annie, Go90 has been downloaded between 100,000 and 500,000 times in Google Play, with an average rating of 3.6 out of 5. In Apple's App Store, the app has an average rating of 3.0 out 5, but App Annie does not have figures on how many times it has been downloaded from the Apple app store.

Verizon has invested significant resources in Go90, both internally and through content partnerships. But Verizon will need to work hard to pry millennials away from YouTube, Hulu, Netflix and other OTT services through its mix of curated TV content, original programming and live sports and entertainment.

BTIG analyst Rich Greenfield said that it's still early days, that "we're in the batter's box in inning one." It's unclear whether Verizon will strike out or hit a home run.

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Post ID: @kpj+1bKa8sR4

Hello fellow kids! Let's watch some Go90!

Not sure how that failed.

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Post ID: @mzo+1bKa8sR4

T Mo has been better for years.

The VZ marking team is so clueless. People stay for the quality...

Well older customers do but they are dieing off..

VZ quality is gone from service to network

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Post ID: @gqq+1bKa8sR4

Those days of kickoff rallies are long gone. T-Mobile will take over. Better marketing, better pricing, and better leadership. I left Verizon 2 years ago because they are making the wrong decisions. How you going to take away individual commission and expect me to sell?

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Post ID: @ybn+1bKa8sR4

Also yes I remember the "kick offs" Those were actually kind of awesome. You know what ki---d them? The bay area district rented out 49er stadium for their kick off. That was the last one ever done. They were fun though. Always tons of free food, hot chicks, and swag. What a different time, crazy to think back.

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Post ID: @mbc+1bKa8sR4

It's painful being a stockholder in this company while being an employee. I own 5 shares, out side of stock together stuff. Sucks we aren't a growth stock just a bumbling company for dividends. They have privvy people to some great insider trades if you were paying attention.

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Post ID: @lpj+1bKa8sR4

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