Think about it, how many times can you reduce headcount before the quality of work starts to really suffers? They're boosting profits by slashing people, instead of improving the product or service. It's a very short sighted approach to business that'll bite us in the a-s.
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The cuts will catch up to them - NO, IT WON'T
Why ?
Because they always get their bonuses, no matter what ... and then they f@#& off into the sunset laughing.
When you will start thinking like "them" , only then you will understand their strategy.
Make as much money in the shortest term possible, and damn with the peasants ...
@em wow this sounds almost 1/3rd as bad as it is over at Crown Castle. Telecom industry in general seems to be a really messy place, full of politics and PE money - not to mention scammers who end up at the Executive Level for some strange reason. Scammers who walk a fine line of legality & of course always get away with it, pockets brimming with money, leaving whatever they touch in shambles.
Crown’s problems are worse now than they’ve ever been in the past from an operational POV. It might look pretty from the outside, but on the inside it is a raging dumpster fire. CC employees truly hope and pray that some of their large customers find an alternative path to take before worse things happen that can’t - and won’t - be fixed.
It seems like VW has a lot of the same issues. Can’t say for sure, but I know for a fact CCI internally is a complete and total mess - and it won’t get any better for a long time, if ever.
CCI is hoping for a buyout, but whoever buys them won’t be getting what they’re shown - that’s for sure. By the time they find out it’ll be too late.
Is all of the Telecom industry like this?
EVERYONE IS REPLACEABLE
@OP Yes frequent layoffs are bad for morale but that’s not the biggest issue at VZ. The main issue is that there’s too much BS being reported up the chain with the result that the leadership has a distorted view of reality. They end up pursuing bad strategies, promoting the wrong people, and cutting the wrong people.
The only hope for VZ is for T-Mobile and AT&T to be equally dysfunctional which I hear they kind of are.
Lost count of the number of RIFs I’ve been through. It has always been the way but at some point the company will run out of road
@OP that is BS, Been here 30 years and the company does just fine after each layoff. The part of the problem is the low quality work from the employees. A lot workers from bottom to top need to go.
Layoffs are not a business plan to grow. Lame
cuts are ego boost to execs. They are not done right. So if you are a tailor and don’t know how to cut dress will be ugly and a mockery.
Already has, as far as I know.
Get used to lack of vision, lack of leadership, lack of forsight.
Already has
@OP They have been doing this for years. Once a brand name, becoming more mediocre by the day, while the the executives wander off with their millions. They are good at demoralizing people though.
Layoffs are part of the business plan. Get used to regular layoffs.