Thread regarding Verizon Wireless layoffs

Are the October 27 RIF Rumours Credible?

A buddy from a different group said his team had a meeting yesterday and their manager mentioned his team would not be affected by upcoming RIFs. My team was not given any such direction, gulp.

by
| 4671 views | | 16 replies (last October 20, 2022) | Reply
Post ID: @OP+1jdvM205

16 replies (most recent on top)

Do you have any valid source as to indirect account managers actually being laid off? Or are you just saying that because you think they should be!

by
| | Reply
Post ID: @5wuu+1jdvM205

And who will support all the agents if they eliminate all indirect account managers? There’s a huge discrepancy there for all major agents

by
| | Reply
Post ID: @4kzc+1jdvM205

@ 4lmn+1jdvM205 indirect account managers are number one target for RIFs

by
| | Reply
Post ID: @4dhc+1jdvM205

What about indirect account managers ?

by
| | Reply
Post ID: @4lmn+1jdvM205

This site is full of idi&ts … Who said that because ‘there are too many job postings’ RIFs wont be happening?

Targets:

  1. Sr Manager teams whose functions can be absorbed by other teams
  2. Teams with a high number of band 7T, 7V, and 8V employees performing non-critical roles
  3. High tenured/High Salaried employees -in non-critical roles - typically band 7/8 making above market rate who never cared to move up nor have the skills or education to do it …
by
| | Reply
Post ID: @3aaq+1jdvM205

Will RIF notification start on 10-27 or will everyone be notified by 10-27?

by
| | Reply
Post ID: @2ldp+1jdvM205

VERIZON DOES A RIF EVERY YEAR. NO DIFFERENT THIS YEAR AT THE END OF OCTOBER. THE STOCK PRICE WILL TELL YOU THAT IT WILL BE A HUGE RIF. DUH.

by
| | Reply
Post ID: @2yjk+1jdvM205

As others have said and my manager has brought up as a point, normally when there are rifs they have put on a hiring and travel freeze by this time in the year but that is not the case this year. So it wouldn’t make sense to be hiring new people in the same weeks your doing a rif.

by
| | Reply
Post ID: @2ycu+1jdvM205

Yes. Decisions are being made at this time. Expect an announcement by the end of this month, and next wave scheduled for January 2023. 30% cuts across all business groups.

by
| | Reply
Post ID: @2ahq+1jdvM205

More junk. Too many job postings. Relax and enjoy working. Verizon is a massive firm, you would know if there are real cuts in process.

by
| | Reply
Post ID: @1rcc+1jdvM205

More junk. Too many job postings. Relax and enjoy working. Verizon is a massive firm, you would know if there are real cuts in process.

by
| | Reply
Post ID: @1yjz+1jdvM205

More junk. Too many job postings. Relax and enjoy working. Verizon is a massive firm, you would know if there are real cuts in process.

by
| | Reply
Post ID: @1xuq+1jdvM205

Disinformation targeting a great company. There is absolutely no major layoffs!

by
| | Reply
Post ID: @1hsq+1jdvM205

Have you asked your manager if they are going to lay you off?

by
| | Reply
Post ID: @1vtu+1jdvM205

I have had managers that would tell us and ones that wouldn’t just depends on if they want to share that info.

by
| | Reply
Post ID: @1awl+1jdvM205

For VBG this is 100% accurate 27th October there will be an announcement or an email you will receive. This will be impacting US employees, International employees will then be notified a few weeks later.
Depending on what department you are in the layoffs appear to be significant, up to 30%

by
| | Reply
Post ID: @esh+1jdvM205

Post a reply

: