Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

framed my WARN letter from 2005 - still here!

for those laid off today, keep your spirits up - there will be something else either better or the same outside of VZ I have a WARN letter from 2005 - I was able to get something else outside of my original job at VZW and thrived in the new... — read more 

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| 1890 views | | 1 reply (February 17, 2023)
Post ID: @OP+1leHcKet

The call that finally came

After almost a decade with this company I was laid off. I cant say I’m too surprised as this page has consistently kept us up to date with the latest rumors. It’s hard to fully describe how I feel as I’m mixed with anger, sadness and relief. Anger... — read more 

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| 4030 views | | 7 replies (last February 18, 2023)
Post ID: @OP+1lebzLlX

sorry about the layoffs - lots of arguments going on

hearing top level is screaming for cutting costs then other top levels say spend as much as is needed so then those 2 go back and forth The message is NOT clear and the overall leader is MIA getting crowned to serve on the Blackrock BoD instead of... — read more 

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| 2905 views | | 2 replies (last February 17, 2023)
Post ID: @OP+1leRyYZJ

Laid off today

Verizon Consumer Group. Got a text from my boss to join a quick meeting. Yeah, it was quick, was quickly laid off. Had only 3 1/2 years before early retirement. They waste $$ like crazy on wrong choices, schemes, promotions, old systems... — read more 

Got laid off today

Got laid off today from Verizon wireless social media support team

IAMs are safe

Unlike a lot of posts that are saying IAMs are being let go no one is being laid off today. All just fake rumors.

2/16 RIF Thread

Some reports of rifs going on. If you were impacted or know someone who was, post here with title and territory

Live from Basking Ridge

I'm in the Ghost Town (aka Basking Ridge) 2x a week and it has been empty until recently. Tuesday is crowded but bec the place is so enormous, you only really know when you go to cafe between 12 and 2pm. The EY guys were there in January (Ernest and... — read more 

So no layoffs tomorrow then?

Haven't heard much. 2/2 was the big rumor before and then people said if not 2/2 it would be 2/16 but I haven't heard anything. What do you think?

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| 5780 views | | 29 replies (last February 16, 2023)
Post ID: @OP+1lcCRkrm

No Incentives to go above and beyond

So pretty much everyone in my group got the same BPI and obviously STI as well. So it doesn’t matter if you’re a low or top performer. Makes sense now why I see some talented people here do the the bear minimum.

And still they give raises

I spoke to someone who survived the most recent layoff and he said he had his biggest raise in years. You’re welcome

What is Next for Indirect Account Managers?

And when? This position has felt expendable for a while. Anyone have any insight as to what will happen for this position and when? I saw a post a couple weeks ago about going vertical per agent with no nationals. Haven’t seen or heard anything... — read more 

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| 3130 views | | 8 replies (last February 16, 2023)
Post ID: @OP+1lbOVStu

>> Stakeholders. Hm.

Well that didnt last long. Employees are no longer considered stakeholders. Freudian uptospeed slip. Surprise!

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| 1310 views | | 1 reply (February 16, 2023)
Post ID: @OP+1lbrjw4a

Layoffs and Termination

I worked for Verizon for over a decade and saw a friend of mine get terminated for violating code of conduct act during the layoffs. It’s interesting how they said it was standard however I’ve seen other team members receiving written warnings for... — read more 

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| 3520 views | | 3 replies (last February 13, 2023)
Post ID: @OP+1l95Gilh

Communication Sheets

For BPI and STI should be out to managers by EOD on Monday. This is according to a reliable source for at least my group. I suppose HR staff supporting other groups may be slower, but I don't expect that to be the case. Good luck, everybody.

Censored?

Anyone notice any posts missing today? I swear I saw two different posts from earlier today that criticized keeping the offshore / outsource teams. The are now both gone. Was curious to see the comments but I guess they were on point and they were... — read more 

STI 87%

Did they eliminate the Business Unit specific modifiers for this year (2022 payout)? How can they change the goals after we worked towards them all year?

Feb 16 has high chance of being the day

It aligns well with the schedule and required notice before end of Q1. It allows for comms on 2022 to be completed for all impacted parties. Org announcements delayed until after that date apparently furthering strengthening that day as the day. I... — read more 

If STI numbers come out on the 13th

Why do we have to wait the 23rd to hear anything? They even suppress the paycheck notification. What happened to the business unit results?

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| 2770 views | | 5 replies (last February 8, 2023)
Post ID: @OP+1l4OnOSL

BPI/STI

Did you get your notice? How much $$$ did you get?

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| 3810 views | | 8 replies (last February 9, 2023)
Post ID: @OP+1l3N7xKM

Any updates on STI payouts and BPI

Have there been any updates on sti payouts I’ve seen 75-85% reported but haven’t heard anything else also assuming BPI will be in the 2-3% range not enough to cover inflation.

I'd rather stay

Verizon has many issues, but I believe that most employees would rather leave voluntarily when they find a better opportunity than be laid off. Just my guess. However, is there any way to reduce the likelihood of being placed on the layoff list? Does... — read more 

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| 2280 views | | 7 replies (last February 9, 2023)
Post ID: @OP+1l0EOPzO

It's embarrassing to work here.

I once told an acquaintance where I worked and I could swear that he forced himself not to smile, like he was about to laugh in my face. What am I, a court jester? How did we become such a laughing stock? What a mess this company is.

VSP rumors???

Rumor mill is stating employees in some departments that had 15 years or more were pulled in and offered VSP??? Are these rumors or truth?

Layoffs Did Happen

Layoffs did happen. Don't know the scope but we lost a few people on our team in the US on the wireline Net Ops side.

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| 3310 views | | 8 replies (last February 4, 2023)
Post ID: @OP+1kZRHUWj

Get used to it or leave

Someone asked an excellent question - is it really that important which day the layoffs will happen? Even if I am not impacted soon, I am well aware that this does not mean that I can breathe easily because layoffs are a constant threat here and you... — read more 

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| 1520 views | | 4 replies (last February 3, 2023)
Post ID: @OP+1kZm8I3M

Guess Impacts 2/16🤷‍♂️

Pretty quiet on here today. If layoffs were happening the board would have been blowing up around 8am EST but I’m not seeing anything. Still feel like something has to be coming. Maybe 2/16?

Dead weight!

As the workforce has shrunk, it's become apparent the dead weight. Much of this weight is easy to spot with countless & pointless calls throughout the day. Are you deadweight?

To This Day I Still Laugh At This

😂🤣😄😆😅🤡🤡🤡 https://www.fiercewireless.com/special-report/inside-creation-verizon-s-go90 Wallace Colyer was standing in a garage. It was a day in early February 2015 and Colyer was at Verizon's (NYSE: VZ) development center in San José, Calif. He was... — read more 

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| 1850 views | | 1 reply (January 31, 2023)
Post ID: @OP+1kXFDyfi

Possible Thursday Layoffs

It is becoming more and more expected that Thursday Feb 2nd will be a notable layoff day for VCG. If so, they are doing a good job of keeping it quiet due to the lack of leaks and posting on this board. Please post any news, Knowledge, or updates... — read more 

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