I mean, with such strong Q3 results and raised expectations, we should feel safe for a while. There's no need to cut even more folks when we're doing so well. Right? Right? /s
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Didn’t he raise forward guidance. Telling the street we will be much better next quarter. Which means more lay offs next quarter
The r/whoosh is strong here
Wrong. There were rifs the week before. They knew the numbers and still rif'd people.
So no. Good numbers do not equate to no rifs.
On PowerPoint, Verizon looks fantastic. Investors might even buy the fairy tale—for a while. But gut engineering, outsource what’s left to India, and deliver zero innovation, and what exactly inspires confidence? Hans, for all his faults, at least tried to do something. This wannabe CEO seems hopelessly out of his depth. So where’s the next dollar coming from? Innovation? 😂 Don’t make me laugh. There will be more layoffs. Don't delude yourself. While you are still on the job, look for something else. Best time.
Being sarcastic?
What twaddle. You sound like the Government now.
Our new chief people officer cares deeply about Vteamers. It’s why there were photoshoots, dj parties and take your kids to work day right in the midst of layoffs. The warmth, the authenticity and the care for all Vteamers is clear through the actions and LinkedIn posts. I feel so grateful to post about my great career life on LinkedIn while my former best friends at work have destroyed lives and diminished futures for their kids. Proud to be vz and I can’t wait for what we build next!!!!
more employee reductions were already decided when notifications are sent out are only after HR finalizes the various severance payouts. Don't be surprised Verizon Corporate especially in some groups, the groups are eliminated completely, zero return on investment. Expect organizations to be consolidated during 'transformation', how many pen testing teams does Verizon really need? 8 ?
Strong earnings don’t mean job security—especially when cost-cutting and reductions helped drive those results. Layoffs temporarily boost profits, but once those savings are reflected in the numbers, the company will need long term revenue growth to sustain the momentum. A strong quarter doesn’t guarantee there won’t be another round of cuts especially when layoffs is the key factor driving the strong earnings.
Wrong!
Are we playing make pretend? I’m here for it.
Maybe merit increases will also account for cost of living.
Maybe we’ll all get Level Up too. Right? Right?