Thread regarding Verizon Wireless layoffs

Indirect taking over

Was on a call today with our director. He said that we are a few months away from new divestitures that we will see close to 100 corporate VZW locations changing hands and going to Victra and Cellular Sales. Buckle up.

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| 3831 views | | 17 replies (last June 1, 2023) | Reply
Post ID: @OP+1mGWT677

17 replies (most recent on top)

@1mwr+1mGWT677
Since indirect produces about 50 percent of the growth in VCG channel I don’t see that happening soon.

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Post ID: @ersd+1mGWT677

Indirect just got pushed out of retail and almost all IAM’s were severanced. It’s being managed by a call center now. That was a failed experiment just like One Team. VZ is putting more money and a big hiring effort for the frontline so that’s probably not close to being true.Also I doubt that a director would spill confidential business information to anyone that reports to them.

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Post ID: @6jap+1mGWT677

Stores are going dark and consolidating all the time, and others are shutting down when leases expire. The VGS real estate group will confirm. This will continue to happen - nothing is ever announced . Only the locals impacted know. They are quietly reducing retail locations. And our commercial buildings are either completely empty and shut down or ghost towns .

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Post ID: @4pcq+1mGWT677

Verizon has closer to 1450 corporate stores. 1600 maybe before the last 4 years of closures and divestitures.

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Post ID: @4vjf+1mGWT677

That should be a store promotion. Hello Mr. Customer, would you like a free car charger? One bucket has a free car charger the other has a gaboon viper in it. Stick your head in one to see if you are a winner or just another Verlieson sukker.

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Post ID: @3yvw+1mGWT677

around march of next year there will be more store closures.

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Post ID: @2cah+1mGWT677

Although the odds are in your favor it’s 1/16. 2 rows of 8 buckets. One bucket has a gaboon viper in it. Would you want to stick your hand in any of them?

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Post ID: @2abk+1mGWT677

"Close to 100 corporate VZW locations" What does that mean? Nationally? Or just one region? If national, we have 1,600 corporate stores so almost a drop in the bucket there chicken little.

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Post ID: @1ybq+1mGWT677

I Also have heard Verizon moving away from indirect. It's what tmobile did.

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Post ID: @1mwr+1mGWT677

Also have heard Verizon moving away from indirect rather than bringing on more.

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Post ID: @1zac+1mGWT677

Very likely. After speaking with real estate people, vZW is working overtime negotiating leases around the country and evaluating store. If any real estate people stop by, just know your store is getting downsized/moved or closed.

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Post ID: @1vgy+1mGWT677

Keep in mind that they just cut all of the Indirect Account Managers. It certainly could have truth to it, but it's less likely now than it was six months ago.... unless they bring on new Indirect Account Managers that actually do something. There was a ton of dead weight in that channel, especially in the east.

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Post ID: @1dtk+1mGWT677

I’m hearing the opposite that we are planning on cutting out a lot of indirects and move to mostly corporate only stores

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Post ID: @1rqb+1mGWT677

Fake News!!!

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Post ID: @1fwo+1mGWT677

With the 75% off accessories fire sale happening I'd think by end of June. We only have 2 plans now with add ons... seems easy enough for any vendor to manage. So I think end of June.

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Post ID: @1wlx+1mGWT677

Me too- heard the same thing in the South - between this and some leases not be renewed we may end up losing 125 locations . Just rumor at this time

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Post ID: @sln+1mGWT677

I was told the same thing around a month ago.

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Post ID: @jdu+1mGWT677

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