There is so much happiness and life after Verizon. It’s tough to go through it, but damn, so much more quality corps/ businesses out there. It might take a bit, but it’s out there! Verizon is not what it was and seems to be going downhill everyday... — read more
Sinking company
The atmosphere in general is getting worse and there is less and less hope that this company will ever stop sinking. How much longer will it take before it hits the rock bottom? I don't want that to happen, but I am no longer optimistic about the... — read more
Rumor
Heard today that the inside managers are going take the brunt of the riff Soon after the inside associates that are union will be offered the enhanced eisp the ones that are not they will just cut.Thats how they will get their 15-20%
Hearing rumbles 2 stages of cuts coming
So hearing 15% to 20% more management riff coming !!The first round got the ones with time who may have been ready and was more targeted this one is gonna shock the ones that dont know its coming.Then second stage of this cost cutting after summer... — read more
GME livin the life!
https://amp.cnn.com/cnn/2023/06/07/business/gamestop-fires-ceo/index.html Hey investors. Try this!
What Amazon Wireless Would Mean for AT&T and Verizon Dividends https://www.marketwatch.com/articles/amazon-wireless-att-verizon-stock-dividends-
Just the thought of Amazon.com entering the wireless telecom business—as Bloomberg reported on June 2—was enough to send shares of Verizon Communications and AT&T tumbling. It also sent their dividend yields to mouthwatering levels. Their yields are... — read more
Offer the union field techs a package
Lets face it the few techs in field left have over 30 years or close to it there are no young ones so if verizon wants to get everyone off payroll why not let all field techs go on their way ??Then there would be no reason to riff the managers who... — read more
Why do I torture myself with Up to Speed?
Each time they promote Up to Speed, I hope that it will provide some meaningful information. Instead, it is continually as unfulfilling as our stock price over the last decade. Save some money by ceasing this senseless corporate communication.
Increased workload
I'm really interested in how the team will function after everyone's workload has been drastically increased. That is, I'm wondering who will be the first to leave. Do they really think that placing such a burden on the remaining employees is a... — read more
Who owns the majority shares in verizon
Verizon Communications is not owned by hedge funds. Our data shows that The Vanguard Group, Inc. is the largest shareholder with 8.3% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 7.9% of common stock, and State... — read more
Major Network Reorg
Expect announcements this month of major network team shakeup and reorg. Given potential revenue jolts from consumer side, network will see more rifs and director retirements. Russo already announce the first set last Friday.
Proud to be v teamer....
I am proud to be a valued member of my company's team...WOW, I said that without laughing. I think the medication is working, now off to work.
Wake Me Up When September Ends
Summer has come and passed The Domestic workers can never last Wake me up when September ends Like my past co-workers come to pass Seven years has gone so fast Wake me up when September ends Here comes the Rif's again Falling from the Rumor... — read more
Seeking Alpha - Verizon: Black Swan Risk
Verizon: Black Swan Risk Jun. 04, 2023 8:00 AM Summary Verizon continues to face the threat of a tech giant entering the domestic wireless space. The wireless giant has seen their net debt level swell to over $150 billion just as another... — read more
ROFL - LMAO - INSANE LAUGHTER
https://www.xda-developers.com/amazon-prime-free-cellular-service/
Layoffs and wireless network throttling
We know Hans leadership strategy is lay off people to make the look better. Now, I have a lot of people on our VZW network saying pages are incredibly slow or won’t load 75% of the time on newer iPhones. Wasn’t an issue previously , it was blazing... — read more
To Put Things In Perspective
https://www.fool.com/investing/2023/05/31/if-you-invested-1000-in-verizon-in-2014-this-is-ho/
VZ Unions: How other mega-corporations stave to prevent something bad from affecting you for a period of time; to delay something.
Unions: Other mega-corporations staving (to disallow, to prevent something bad from impacting for a period of time, to delay something indefinitely) unions include: Amazon Apple Tesla Starbucks T-Mobile
will there be a RIF coming too the witeline side of the company
does anyone have any reall insight on this.
Life at Verizon...
Triple the amount of work-check, Cut staffing-check, Set unrealistic goals-check, Show favoritism-check, Use the word "Teamwork" in every sentence-Priceless!
I see things haven't changed
Verizon used to try to cut its way to profit when I was there six years ago and from what I'm seeing and reading here, the same thing is happening now. I guess nobody in leadership has learned from the past. It didn't work then, and something tells... — read more
Telecommunications - RIF Poetry
Layoffs, Let go, folks go broke. Jobs heartlessly shipped overseas, Hans gets rich and goes woke.
Nothing like the old Verizon
Some people find it hard to leave because they still think this is the old Verizon they started working at a long time ago. But what does this company have in common with that old Verizon nowadays? Almost nothing.
CNBC Host of Mad Money seeks VZ CEO to appear as Guest for the show's Executive Decision segment.
Does the VZ CEO [dual role as Chairman of the Board of Directors] have the wherewithal or the conviction, to make an appearance? Make an appearance!!! Yesterday's show [CNBC Mad Money, nightly, 6 PM/ET] where the host stated that VZ, generalizing... — read more
Wireline Buy out packages
So been hearing lots of rumors anyone think they may offer the wireline outside forces a package to leave .Kinda makes sense they want people off the payroll & are riffing management .I also hear they may hire some new outside guys at the lower... — read more
VSP WINNER
Even after more than two decades and taking the VSP (Voluntary Separation Program), I still find myself visiting this site every month. I remember the initial few months after accepting the VSP, when I faced a pay cut and heard all the news about how... — read more
layoffs
Verizon is an Old Farrrt good ol boy network culture!//w/ top heavy management and needs to bleed the top management
I don't really care about performance anymore
Ever since I realized that RIFs mostly have nothing to do with performance, I don't put in nearly as much effort as I used to. I used to be very dedicated and tried to have the best possible performance, but what does that bring to the employee... — read more
Are we really still a business?
https://www.fool.com/investing/2023/05/31/if-you-invested-1000-in-verizon-in-2014-this-is-ho/ If you had invested $1,000 in Verizon on Feb. 21, 2014 -- the fateful day it took full control of Verizon Wireless by buying out Vodafone's (NASDAQ: VOD)... — read more
Verizon layoffs its customer service team & moves overseas to save money
Verizon is being run like by a freshman’s malfunctioning AI project. Thanks Hans and Craig! https://www.phonearena.com/news/verizon-layoffs-overseas-customer-service_id147700 https://www.reddit.com/r/verizon/comments/13qsipl/what_did_i_just_hear/ — read more
Value brands
This division is doing so well. Tracfone has managed to lose so many customers while visible can't complete number ports and loses numbers . The person running it is very pretty.
Hans meetings w Outsourcing Companies in Davos WEF in Jan 2023
When Hans went to the World Economic Forum last January in Davos , Switzerland he met with 2 separate outsourcing companies (one from India and I think Accenture or First Source). Hans getting them ready for more business with this latest round of US... — read more
We got cake today in Basking Ridge for doing a good job
As a thank you for all of our hard work, we were called superheroes and given cake.... I love Verizon! Nothing shows appreciation more than cake.... (Sarcasm if you hadn't caught on) Maybe Jane C and her crony Matt J should be RIF'd. Nothing but a... — read more
The hard truth
I feel for the impacted workers in customer service, but let's just be honest, no one was raving about Verizon's customer service. ever... As sales, calling customer service is the bane of my existence. I'd call on behalf of large clients so they... — read more
No Guarantee for Severance
It was explained today if for CS, if too many reps choose severance pay that it wouldn’t be the option chosen and reps will then, have to stay despite choosing severance as our first option. This is explained during the Lunch and Learn. How insane is... — read more