Thread regarding Verizon Communications Inc. layoffs

C Level Stores To Indirect. Verizon Retail Will Look Much Different Soon.

I am hearing all C level stores will be migrated to indirect or shut down. A new store design is about to launch designed to occupy 1,500 sq ft space or less and basically be a "showroom" for products and then purchased online. This will dramatically reduce employee headcount needed to run one of these new stores and minimize inventory needs making these stores worthless as targets for robbery or break ins as this has been an ongoing issue. These new showroom stores with their greatly reduced headcount, smaller footprint and overall lower operating costs are the future of retail for Verizon. Smart Store design has been stopped and no more will be built.

Can anyone confirm this rumor? Seems pretty ominous but probably true and brick and mortar is dying out.

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| 2764 views | | 7 replies (last October 5, 2016) | Reply
Post ID: @OP+JaAwg2g

7 replies (most recent on top)

Meanwhile at the store I work at they are building a new Smart Store and we are hiring 6 more people

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Post ID: @ybnu+JaAwg2g

Hearing possible consolidation of non-sales roles in retail and possible cuts / reorg in Indirect channel. Anyone hearing same?

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Post ID: @tssn+JaAwg2g

Any new developments here? Will indirect roles expand?

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Post ID: @mjnn+JaAwg2g

They closed a few up here in the northeast. Verizon has already begun very quietly closing stores.

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Post ID: @2xvl+JaAwg2g

I know the northeast is running a trial where they were already converted to indirects.

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Post ID: @jwv+JaAwg2g

And 4 stores in the DC area

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Post ID: @dgs+JaAwg2g

Yep it's true, they eliminated four stores out of five in Western KS. Last days are October 31st. About 46 folks out of a job.

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Post ID: @vud+JaAwg2g

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