Poor Kyle and Hans... they look like the odd relative that no one wants to talk to in this stupid LinkedIn Ultimate Pre-Game webcast. Seriously, this is like the fat guy at the yoga class. Yeah, he's getting exercise but no one wants him there and is... — read more
Superbowl / Beyonce
According to rumors online, Verizon paid Beyonce $30 million for a 45 second Super Bowl ad... meanwhile we have RIFs every other month and constant budget cuts. Our leadership disgusts me more and more every single day.
3/26 - 4/1 RIF
RIF in the final week of the payouts. Employees will be notified the week before. 2 month period to try to find new position like other RIFs.
verizon wireline Sale rumors
So here we go again with rumors online of Verizon thinking about selling off remaining wireline by end of 2026 coincidences thats end of the extended contract and also around time verizon plans to officially have rid of most copper which this year it... — read more
Outsourcing ramping up again
Just a few days ago some centers in the Philippines got notified about more new hire classes being needed at 3x the frequency. That's right 3 new classes starting each week March to July. What does this mean for internal agents?, SAs, Management, ... — read more
Verizon customers with 5G Get More, 5G Play More, 5G Do More, 5G Start unlimited plans will be seeing bigger bills.
https://www.cnet.com/tech/mobile/some-older-unlimited-wireless-plans-will-get-a-price-hike-next-month/ Some Older Unlimited Wireless Plans Will Get a Price Hike Next Month The wireless carrier aims to push subscribers to their new unlimited... — read more
Good Luck VGS! Feb 9th
Craig Silliman organization. They are ready to fill the new Limerick Ireland Center of Excellence. Fingers crossed for a healthy severance and for everyone to land on their feet! Best of luck!
401K question
For those retiring , what is your 401K looking like ?
I'm constantly stressed out because of our unhealthy work environment
Working at Verizon is not good for my health. Literally. We should start getting hazard pay for some of the cr-p we have to put up with non-stop.
Hub cafeterias shutting down
Know for sure now that Cary and Temple Terrace cafeterias shutting down at end of February. Another reason you won't see me RTO.
GOOD LUCK
To those celebrating RIF's and Layoffs. It's a lot different once separated from the company. Separated last August.. NO INTERVIEWS! Resume professionally reviewed numerous times. Highly qualified. Too many people are looking. Be very thankful... — read more
Can current employees roll over our 40k "savings plan" To an IRA inside fidelity?
im not happy with the 401k investment options and wanted to do a self directed IRA, are we allowed to do a roll over? Im afraid of tax implictions
Layoffs
There were layoffs this past week. Let’s keep track.. Please comment if you were impacted: Please comment which group you were (VCG), Department and Organization. Sorry for those who got let go I’m sure you will find better opportunities. — read more
Is it just me, or do store quotas seem unattainable?
68% increase from this time last year. We run ourselves into the ground everyday, and it’s not enough. Have to be ranked in the top 10 in bio but can’t meet quota. By looking at the majority of stores phone add percentages, I think it’s safe to say... — read more
Does anyone know the individual modifiers by performance rating 1-5?
The 2023 STI doc says individual modifier can be up to 150%, which I can only assume would be linked to a 5 rating. My question is, is 100% attached to a 3 or a 4? If you know all the data, please share.
Happy RIF Day to all that celebrate! Sigh.
And so it begins. I don’t know how wide sweeping this one is but it sounded big. I was volunteered as tribute. May the odds be ever in your favor. Good luck out there!
Adios B2B
Starting looking for a new job today. 10+ years and this is the worst it's ever been. New comp structure = JOKE, car allowance taken away, MBO, taken away, quotas as high in Q1 as they were in Q4, quotas up nearly 50% over the past 3 yrs. This... — read more
Verizon will create 400 jobs in Limerick City
Old news especially for those losing their jobs in the US but saw a recuiter posting about it on linkedin today. Seems a bit soon to hype up VZ and job creation when those US folks are dtill on payroll. “Verizon will create 400 jobs in Limerick... — read more
The stage is being set for VBG being sold
With all the devaluation and intellectual knowledge being off shored to HCL for free use in their systems , Verizon is preparing a way to complete a full sale to HCL once they figure out the Federal space. Verizon is training its main competitor
Investors Don't See Light At End Of Verizon Communications Inc.'s (NYSE:VZ) Tunnel
Hot off the press - its funny how leadership cascades results to all of us the field, and, how differently the marketplace looks at the same... — read more
Headcount is now....
105,400. 11,700 fewer than last year. That is 10%. See page 3 of the Q4 financial statement. Another 10% this year would drive it down under 95,000.
Kyle not so good
Kyle looking kinda slobby and sloppy at 4Q23 webcast ... needs help dressing and answering questions on VBG write-down. Bottom line, that part of the business is going to be cut loose at some point.
VBG--All we do is WIN, WIN, WIN......
All we do is WIN, WIN, WIN...... 10 straight quarters. Notice when TMO reports, they say they their best result for business, but do not report net numbers. Not that I have seen. Great overall results!!
Angie Klein Demoted?
Was she ousted from President of Value? Seems like she was demoted by now reporting to Frank in her new role. Thoughts?
Verizon Verizon Set to Report Declining Profits Despite Progress in Adding Subscribers
This is an article that's on line today in the financial news. Here on the store level we are pushing hard, but less profits may have an impact to the way we do business.
What’s up with customer service?
Is gone to complete helI!!! Nothing but lies and added products I don’t need. Please bring back American customer service!!
Jan 29
mark this date
Verizon Writes Off $5.8 Billion on Enterprise as Sales Slow
Things that make you wonder what 2024 will look like for all of us: https://www.bloomberg.com/news/articles/2024-01-17/verizon-writes-off-5-8-billion-from-enterprise-as-sales-decline
Anyone else tired of Agile 2.0 as GTS excuse for non delivery
GTS has stopped working since last 2 months giving Agile 2.0 as their excuse of not working and providing required resources. They do not have required people for most ACTs. Rest of the people who can’t get anything done keep eating through the... — read more
RTO on a crash course
How empty office buildings are setting cities on a doom loop https://www.cbsnews.com/news/empty-office-buildings-doom-loop-cities-60-minutes/
New titles - Less union?
I am not from the wireline side, so I could be off base, but doesn't adding a layer of managers to band 6 seem like a really good way to minimize the number of union employees? Was that one of the motives behind the new titles?
HCL/Verizon not Renewing contracts past 30 months
Just heard from a reliable source that Verizon Business/HCL isn't going to renew any contracts past 30 months. They're instead going to hire off-shore employees "because they're cheaper". This doesn't bode well for anyone that was re-badged earlier... — read more
Mass layoffs are bad strategy
Short and colorful analyses, but it actually gets it. Cutting jobs in massive numbers may more often than not be a bad... — read more
Unstoppable or ....
Maybe, unbuttonable? We're talking about your jacket at the GN&T 2024 kickoff. LOL
Voice connect
I am getting a VC migration every day. What is the long term goal? Shutting copper off 2025?
New Titles
How are the new titles (fake promotions) working out for you?