Thread regarding Verizon Communications Inc. layoffs

Verizon cuts 8,000 jobs in the USA and adds 6,000 in India

I know 23 thus far people who lost their jobs last week, that number will likely climb. What I don't understand is how do Lowell, Fran, and John sleep at night after cutting 8,000 jobs in the USA and then two days latter announce 6,00 net add jobs in India. There needs to be a Federal Law that maps executive compensation to a companies employment numbers so that huge executive bonuses are not paid out when jobs are slashed or shipped over seas.

http://economictimes.indiatimes.com/industry/telecom/verizon-partnering-indian-system-integrators-for-global-market/articleshow/49627509.cms

by
| 2229 views | | 11 replies (last November 4, 2015) | Reply
Post ID: @OP+EgwkTdf

11 replies (most recent on top)

Keep voting Republican, the party that is owned outright by ALEC and the Chamber of Commerce. Oh yeah, and when a guy comes along who actually wants to represent the working class, be sure and call him a "commie".

by
| | Reply
Post ID: @2AQL+EgwkTdf

I am sure all 3 of them sleep like babies. They care about themselves and their families. It is a total disgrace. All smoke and mirrors with this company. They techs are forced to lie every day just to make the companies numbers. Something has to be done to get this info out to authorities. They lay off thousands of hard working people only to hire thousands of people in the Philippines and India.. They try to blame the Union and the greed. This is all about the Companies greed. Thank God for the union. My only wish would have been for some of the poor people being fired had a Union. All of the Executives should be fired without the hundred of million dollars.

by
| | Reply
Post ID: @2n6L+EgwkTdf

Dear fellow Americans. I think we are just looking at the small picture. Why is all this happening, where did it start and what is the end game. If we are being laid off here, where are the jobs going (India), why India has anyone thought about it. Is a new comer in VZW doing this in order to benefit from it? So get your thinking caps on and spread the word.

Next year is election year to the highest office in the land, make sure they talk of this. Trust me a lot of noise is going to be made on this issue. So make the best of it, if it has affected you in anyway.

by
| | Reply
Post ID: @1u5b+EgwkTdf

I attended a meeting when Lowell visited FL several years ago. Radhika was also in the audience. For one of the questions Lowell (not sure if he was CEO then) answered- " we have no plans to increase the India IT count beyond 1000". In next 2 years that number increased to several folds.

by
| | Reply
Post ID: @1f9j+EgwkTdf

Presidential Candidate Bernie Sanders will be discussing Verizon on his tele town hall call WED at 8:30 PM. He will have a VZW unionized worker from Brooklyn on the call speaking about the company's union busting and layoffs as well. Register for the call at http://tinyurl.com/py7sum8

Also, visit www.facebook.com/vzwrising and join the community of VZW workers fighting back against corporate greed.

by
| | Reply
Post ID: @hYW+EgwkTdf

Guess what, Verizon (and other companies)! I don't want to talk to people in India when I have a problem with my service. We cannot understand most of what they say. Maybe that is why you hire them (besides them working on the cheap.) If we can't understand them, then maybe we will just solve our problems ourselves. I will. I will go to another company and drop Verizon. Why are companies like Verizon scrambling for budget cuts and ruining the lives of so many employees by laying them off? Because your customers are leaving for better service and customer support. We don't want to talk to India. We want to talk to someone in the good, old USA who we can understand.

by
| | Reply
Post ID: @XgE+EgwkTdf

"What I don't understand is how do Lowell, Fran, and John sleep at night" - On a big pile of money.

by
| | Reply
Post ID: @Oaf+EgwkTdf

Outsourcing to other countries is very common and legal. Where it gets questionable is H1-Bs being used within the US to replace current US workers. Disney tried that with some IT people in Florida - requiring them to train their replacements. Disney thought better of it when the backlash came.

That's also against the spirit of the H1-B program - companies are supposed to certify that they could not find local talent. That becomes a bit more difficult when you have an existing team you're trying to replace. Companies use outside consulting firms as a way around that, but even with this business friendly government, that practice may be pushing it.

by
| | Reply
Post ID: @cOc+EgwkTdf

When our government decides to regulate jobs to be specific to US Citizens, then this will change. Until then businesses like Verizon will continue to go to the cheaper options of employing third-party, Visa holding, non-tax paying people, because they are cheaper to employ. All about the the bottom line, to hell with the effect on their fellow American or their country as a whole. The almighty dollar and pure greed is killing this country. The executive level of corporate America are to blame and generations to come will pay for their greed and recklessness.

by
| | Reply
Post ID: @tLE+EgwkTdf

These Jobs have been around for years? Doesn't sound that way in the article.

"We have begun partnering with some of Indian system integrators to jointly offer services to customers," said Joseph Crawford, Executive Director, Cloud Solutions Engineering and Business Development at the US-based Verizon.

Read more at:

http://economictimes.indiatimes.com/articleshow/49627509.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

by
| | Reply
Post ID: @fDA+EgwkTdf

"With 6,000-strong employees, the Chennai-headquartered Verizon Data Services India (VDS India), is a complement of Verizon, the network company and a global leader in delivering innovation in communications, information and entertainment."

Read more at:

http://economictimes.indiatimes.com/articleshow/49627509.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

For clarification, the 6000 employees mentioned in the article are existing VDSI staffs supporting Vz's IT organizations. They have been around for many years. these are not new employees.

by
| | Reply
Post ID: @9HN+EgwkTdf

Post a reply

: