I know that for sure, I’ve been trying to find something for months now.

I thought that the new CEO could be one of the rare good guys based on his history. I was so, so wrong.

I know a restructure was said to take place and 180 store closures.. do you think we will restructure all of the territories? How do we think Sr. Directors and Directors will be impacted? Or possibly Sr. Managers and Assistant Managers?

This whole sh*ituation is down to three things: 1). Hans. He was the CEO when we saw the company going from being leader in everything to leader in nothing an losing in the market. Buck starts and stops with Hans, all the while he spent more time... — read more 

Imagine thinking a company has your best interests at heart just to lay you off before the holidays lol. Y’all shoulda joined the union.

https://www.wsj.com/business/telecom/verizon-to-cut-about-15-000-jobs-87280c3c?st=wEAoYL&reflink=article_copyURL_share

When they say cutting managers are these the higher ups or just management in general

Will the IT groups be targeted i this layoff

if we are the (un)fortunate, and our last day is 12/20 or 1/20 or 2/20, do we still get paid during this time? and then we get our package after? will everything be in tack as if we are still FTE?

What is the over/under Of Verizon getting out of the PS business all together just shifting all focus to wireless and broadband?

Verizon has a total of 100,000 US employees. Not all of the 100,000 are managers. So 15,000 manager jobs cut is more than 15%

Anyone notice that a few SVPs weren’t included in the Q&A today? Yolanda, Julie, Kwame? What could this mean? Do they have nothing to contribute? Some of the questions involved their groups… I would have like to see them speak.

I know there are plenty of trolls, but please, for the sake of the rest of the thread. Just leave the trolling for somewhere else. Have any band fives been asked to give a list or have been given a list?

“My grandfather was a union organizer in the garment district in New York City. My mother took me to a civil rights demonstration in Washington in my stroller” What a fu--ing charlatan. Everyone around this a--hole is su-king up to him to keep... — read more 

Or just the boot?

Please don't rip my head off for this post. I have read the act and the "single site/location" of 500 or more employees confuses me. Im not a damn lawyer. I'm in a state that falls under the Federal guidelines of 60 days. Any wisdom if Vz will have... — read more 

https://www.reuters.com/business/verizon-cut-about-15000-jobs-wsj-reports-2025-11-13/

Our new CEO is being paid a $1.5M annual salary, with up to $50M in performance incentives. That’s equivalent to 500+ employees making $100K. It’s hard to listen to Joe Russo talk about surgical cost reductions when our CEO is being paid an annual... — read more 

... — read more 

With layoffs looming and articles all over the news. Employee morale at its lowest but our VP , Jarrett - wants a plan to fix a metric. No one is addressing the stress and fear that our people are feeling. What a low person

What percentage of management is that? How many managers does Verizon have total? This is just an awful kick in the pants.

Am I the only one who only thought "okay" when reading the news? This has been dragged out for so long that I'm now numb and I don't even care anymore. If they want to get rid of me, so be it. It's not like those staying behind will be in a much... — read more 

Love the title Pay for poor leadership decision https://www.dailymail.co.uk/yourmoney/article-15288451/amp/verizon-job-cuts-customer-losses.html

There goes the hope that we were just exaggerating, right out the window. I think my blood pressure just spiked.

Does anyone here actually know how they got the 15K number? Was it formula based on Pay, Insurance, WFH? Was it just spread across the whole business? Was it mainly performance based? Someone here surely knows this?

So 15k is the number. Which is still short of the 20%. So most likely round 2 will be after January. Those lists were already made as most people suspected. If anyone has actual details on how the layoff procedure works from prior experience, please... — read more 

Pay attention to how your manager is acting from now on. If he or she starts avoiding you or being excessively nice all of a sudden, you know what's coming.

Verizon shares rose about 1.7% on the news. Thousands upon thousands of people are about to lose their livelihoods, and investors are rubbing their greedy little hands together, rejoicing at the news. Really tells you something about the state of... — read more 

Wow just heard on radio not only 15,000 by next week ,but that Dan said more to come and layoffs and cost cutting will be a way of life at Verizon along with most corporate wireless stores will not exist anymore only 3rd party dealers

This is going to be a fu--ing bloodbath. How is anybody supposed to focus on work with this hanging over our heads? 15k???

https://finance.yahoo.com/news/verizon-cut-15-000-jobs-160715206.html Verizon to cut about 15,000 jobs, source says: (Reuters) -​Verizon (VZ) is planning ‌to cut about 15,‌000 jobs, a person familiar with the matter ⁠told Reuters ‌on Thursday. The... — read more 

https://ca.investing.com/news/stock-market-news/verizon-to-cut-15000-jobs-amid-growing-competition-pressures--wsj-93CH-4315096

CNBC just reported (per WSJ) that Verizon is expected to layoff 15,000 employees next week, making it its biggest layoff ever. It’s coming. Sigh.

What a waste already. Still no concrete details because they are still trying to figure it all out.

Love that he kept the meeting and is actually addressing the issues (well, sort of). Still, much better than all the "leaders" who are simply hiding and too chicken to talk to their employees (like Kyle or Shankar)

Is the layoff applicable to full time only or contractors are going to be impacted as well? Can organizations sacrifice contractors to meet the 15~20% target and reduce Opex pressure? My organization is loaded with contractors with only a handful of... — read more 

Layoff Communication Timeline • EVP/SVPs: Notified last week • VPs: Being notified this week • AVPs/Senior Directors: To be notified next week • Direct Managers: Will notify impacted employees on 11/20 via phone call only (no WebEx or... — read more 

Interesting how they skipped a mass Pulse announcement and just slipped it into the morning communication. Where is the video? We want to know you heard us!