Thread regarding Verizon Communications Inc. layoffs

Its Coming

Heard that a major RIF coming in Nov. and Sales people ( all titles ) will be cut. This was from a reliable in the trenches source.

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| 3606 views | | 9 replies (last October 31, 2018) | Reply
Post ID: @OP+VTGBItn

9 replies (most recent on top)

all of local Market Sales, is that narrowed down enough?

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Post ID: @1lhe+VTGBItn

"Also heard that you are missing some brain cells. Next troll!"

Same 'tard who called those saying there was a buy out coming "trolls".

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Post ID: @1znv+VTGBItn

Is too generic- what sales org? What business line? There are so many sales "silos" that at the OP is prossibly referring to the org that they work for, and they don't think anything else happens at a multinational corporation like VZ?

I see a lot of this on here, people using terms that only would make sense in their tiny little piece of the pie.

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Post ID: @1ahd+VTGBItn

Is not rif.

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Post ID: @1ebh+VTGBItn

I highly doubt this

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Post ID: @1psz+VTGBItn

@VTGBItn-fjz it would seem that you are the 'troll here'. Few here know for certain what is actually happening while the rest of us guess, and those who really do know what is going on are terrified of having any leak of any of it lead back to them. Because then the money would disappear and they would be with the rest of us.

What we do know for certain is that there is a major reorganization whose structure will be shared in early November. We also know that if you are DOE, a drag on earnings, then you are out the door. What is a drag on earnings in the current environment? Great question, I'm glad that I asked.

A drag on earnings is anyone who is: not directly tied to delivering top-line revenue growth; not directly working on the network hardware or network software; not processing the volumes of data we generate; or not reporting results to Wall St and Washington, or not successfully ripping off the tax man or raising or protecting funds; or not involved closely with readying new guaranteed-to-work products and projects that will deliver high IRR, ROIC and short payback periods (other than 5G or OATH ?????).

If you do not fit nicely into any of those categories then you stand a very good chance of being part of that $10 billion cost savings.

In summary, the OP's 'rumor' that he posted where rumors are supposed to be posted might very well be true. If you are in marketing and you are not bringing in bundles of cash, then they are going to ask you why you are here?

This is very cut throat now, which is why they brought in Hans:

https://www.fiercewireless.com/wireless/ericsson-ceo-confirms-additional-job-cuts-will-affect-u-s-workforce

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Post ID: @1caf+VTGBItn

To anyone who leaves, retires or is riffed the first order of business should be to open a TMO account. Their network is now just as good and better in some markets, and they are more of a value for the money when you are no longer getting a 50% discount. You owe the new crowd no loyalties and they have shown none of their own. Remember once you press the magic button you can never come back.

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Post ID: @1acj+VTGBItn

Someone please answer what a "Troll" is? Every time you don't like something someone posts you call out "Troll"?????

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Post ID: @1zfw+VTGBItn

Also heard that you are missing some brain cells. Next troll!

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Post ID: @fjz+VTGBItn

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