Thread regarding Verizon Communications Inc. layoffs

Uncertainty has never been greater

I’ve always figured that if I survived alt the restructures, cuts, buyouts ...eventually the company would reach the point where it need all of their workers and that we would feel more safe. I survived all the shifts that have happened lately, but I gotta say that people now never had a bigger sense of job uncertainty and never felt more stressed out since I started working here, Be careful what you wish for, right?

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| 2738 views | | 12 replies (last May 13, 2019) | Reply
Post ID: @OP+YVaMV5P

12 replies (most recent on top)

@YVaMV5P-6pnm There is always tomorrow. lol

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Post ID: @7abh+YVaMV5P

https://www.youtube.com/watch?v=Iss9xKyqAeA

Ride My See-Saw

The Moody Blues

Ride, ride my see-saw,

Take this place

On this trip

Just for me.

Ride, take a free ride,

Take my place

Have my seat

It's for free.

I worked like a slave for years,

Sweat so hard just to end my fears.

Not to end my life a poor man,

But by now, I know I should have run.

Run, run my last race,

Take my place

Have this number

Of mine.

Run, run like a fire,

Don't you run in

In the lanes

Run for time.

Left school with a first class pass,

Started work but as second class.

School taught one and one is two.

But right now, that answer just ain't true.

...

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Post ID: @7xkq+YVaMV5P

“Uncertainty has never been greater” -OP

Are you certain of that?

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Post ID: @6pnm+YVaMV5P

Cutting heads. Getting rid of the worker bees. It’s all automated. It’s a load of pie in the ski wishful thinking by these ceo’s that don’t know their tails from a hole in the ground.

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Post ID: @6fzt+YVaMV5P

If you worked for Verizon for any length of time, you should already know that layoffs are a bi-annual thing. I had enough and took the package. Glad I did.

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Post ID: @2ibc+YVaMV5P

I agree with @bld , think wireline will be sold off . Kinda thought it would have happened already . Assuming fios is wireline , that gets rid of a lot of their pension obligations and union

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Post ID: @1kgq+YVaMV5P

There's still $7 billion in costs to cut by 2021.

If history repeats, next RIFs will hit as early as Halloween and as late as Thanksgiving.

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Post ID: @1pks+YVaMV5P

The wire line will be spun off within the next 12 months. This was just discussed in a meeting I couldn’t get many details.

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Post ID: @bld+YVaMV5P

I agree with YVaMV5P-dzc. Heard a while back that Hans believe that the “right size” of the company was around 85k employees. We have approximately 130k now so reducing by 40% would bring us to that “right size”. It ain’t over yet kids!

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Post ID: @nih+YVaMV5P

Were you offered the VSP??

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Post ID: @rcc+YVaMV5P

Get used to it, as this is your future at Verizon.

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Post ID: @tql+YVaMV5P

If I had to guess, I would say Hatchet Hans is looking for another 40% in headcount reduction to get below the 100k heacount number. Have an exit strategy ready to go.

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Post ID: @dzc+YVaMV5P

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