Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Cancellation FAA contract

Feb 26 (Reuters) - The U.S. Federal Aviation Administration is close to canceling a $2.4 billion contract awarded to Verizon (VZ.N), opens new tab to overhaul a communications system, and awarding the work to Elon Musk's Starlink, the Washington Post... — read more 

REPORT

https://www.fcc.gov/inspector-general/hotline

Official RIF notices this week

Official notices are going to be given this week. Some have had soft notices last few weeks but there are quite few that will get totally surprised. Don’t be. This is how Verizon is. Post as you get notified. Intent is to share and learn so we know... — read more 

STI calculation confusion

Hi Everyone, couldn't find this anywhere, including on my comp sheet. So we know that 50% of our STI is paid at 103% this year, but how do we know what the other half is paid at? It is not stated in my sheet, just has my year end salary, STI target... — read more 

What’s the lowest you’ve seen a 6V make?

If you’re a 7T making $100k, and you get a promotion to 6V, the rules say you’re limited to a 10% raise, so $110k in that case. However, looking at many 6V jobs, the pay band starts above $110k. So which rule prevails? The limit on raises, or do you... — read more 

DEI

https://www.reuters.com/business/media-telecom/fcc-open-probe-into-nbc-parent-comcast-over-promotion-dei-programs-2025-02-12/

Who determines BPI and bonus amount?

DISGRACE!!! Top Performer / 1.75% raise / 101% bonus Who determines BPI and bonus amount? HR? Manager? Or both? Should i say something to my manager (arrogant/incompetent) or do i talk to HR partner?

April Restructuring/ rif

Upcoming reorgs coming up in april. Be prepared for a big one. Post additional details here

Verizon Pay Raise..

never fails...26 years here...3.0% raise...after years of stellar reviews...and this year supposedly claimed to have gone "Fantastic" by the sweetish meatball... Total operating revenue of $35.7 billion in fourth-quarter 2024, up 1.6 percent compared... — read more 

Simple & Verizon PP

It appears all energy for Value is going into Total Wireless. What is the long term goal of some of these other brands? If interviewing for another Brand is it best to hold out for Total?

STI numbers are out today!

What? Not for you. We’d rather just let you squirm for another week. 🤪

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DEI FRONTIER COMING!

WASHINGTON, Feb 12 (Reuters) - Federal Communications Commission chair Brendan Carr told NBC News-parent Comcast (CMCSA.O), opens new tab it is opening a probe into the company's promotion of diversity, equity and inclusion programs, according to a... — read more 

Mid-Market Last Gasps

Mid market at Verizon is like the last gasp of a stage 4 cancer patient... Depressing fatalistic abandon all hope ye who work mid market at VZ

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When will VZ get rid of DEI?

Everyone is turning their backs to DEI. it's worthless and harmful to the company. It needs to go and go fast.

Raises %

I know comm sheets are coming out next week. But maybe someone has inside info? What are we expecting to see. Last year was the worst in terms of merit increase #s.

New Ericsson office around the corner from Basking Ridge

Looks like Ericsson opened an office on 202 North just across the county line in Morris a few months ago (building has been used for lawyers and may still be). Cary Street, an investment firm, also a new tenent. Maybe Hans will land there eventually! — read more 

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Employment guidelines for upcoming LTI vest 3/1

Planning to move on with my life after the LTI vests on 3/1 and wondered if anyone knows details (if any) around payout guidelines. Specifically, it is clear in all FAQS that you must be actively employed on the vesting date (3/1/25) but the payout... — read more 

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STI

When do we get pay sheets?

No Super Bowl commercials. Again.

T mobile had two commercials, all the big plays - apple, google, meta, coke, had their ads. We used to have the best ads. This is so disappointing.

Verizon donated $1M to Trump

I’m sure they also donated to Democrats but they should have just stayed politically agnostic. https://apple.news/ARge5pM4sR1q1Vhka7H550g Their political money should go to employees suffering through 3% yearly raises.

Avoid taxes

Can you good folks roll over your severance payouts to an IRA therefore avoid taxes ?

Hans is playing you all !!

When a CEO takes a company down by lowering its stock price by $20 a share and gets options and stock at the lower prices. When the CEO leaves or gets removed the stock goes up 5 to 10 per share? Way to go Hans you sc--wed up well !!

Burnt out

It’s been my experience that V has some really good leaders and some excellent employees. Recently took on a new job and current leadership hierarchy is insane. Everything is a priority, everything is last minute and everything is blamed on the... — read more 

FYBR

Frontier Communications coming. Big mess!

GTS getting Gutted

Mass layoffs/ moving to HCL. Many effected. Everyone will get emails in the few hours.

Fastenal contract ending

Just found out Verizon did not renew there contract with Fastenal and it will end around May . Anyone have any info on this ?

NY call center representatives RTO

Just got word today NY call center representatives have to be in office, one day a month. This is only the start people. Full RTO will follow.

VBG finance webcast re: RTO

On the VBG finance webcast, someone asked about RTO changes. Our leader basically said there is no change as of now, and that we have been productive from home. But that you "can tell which way the wind is blowing" on this topic.

VBG P&M kickoff 2/4

Just watched our VBG Product & Marketing kickoff 2/4. Interesting that our leader Iris Meijer doesn't speak much, but delegates to her leaders to share the priorities and results. She doesn't even answer questions in the Q&A. What does she really do?... — read more 

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