Vz Board of Directors are current CEOs (Starbucks and PayPal) so how do they have time to focus on vz. The others looks like retirees from Aetna and Procter n Gamble. Only one has telecom experience from Vodafone in Europe and he was just added. ... — read more
BOD VZ vs TMOB
Just looked at the Board bios for both companies. No wonder VZ is getting its head handed to them. TMob is being run by telco professionals, while VZ is getting run by former and current restaurant chain CEOs and consultants.
Vz business group network
A huge cost for vz in the vbg group is the 3rd party last mile providers. Vz doesn’t seem to negotiate great rates with comcast, tw, att etc. . we lose customers because our prices are too high. When the circuit goes down it’s usually due a last... — read more
Another Shoe to drop?
The grapevine is buzzing about another round of layoffs coming in January. Heard anything?
Verizon to report 4Q earnings 1/24/2023
Will the losing streak continue?
Verizon "Loves You"
Anyone else notice management acting like cult leaders telling you they "love you" and that "we're all a family"? I've heard multiple managers say this to reps. What gives? Are they being told from higher ups to tell us peons they love us so we... — read more
European Accounting - Verizon forced to post US$5bn in derivatives margin as markets swing
Verizon is a major user of derivatives to manage its exposure to interest rates and currencies, reporting US$32.5bn of cross-currency swaps and US$26bn of interest rate swaps notional outstanding at the end of the third quarter, according to... — read more
Can They withhold your severance?
I got RIF’D can they withhold my severance if I don’t toe the line? Look IDGAF right now and I’m only working and holding my tongue because there is a payment awaiting me otherwise I’d say sc--w it. As is gotta show up til 12.29 — read more
Dec 16th BIG NEWS
Anyone know what the "Big Exciting" news is that will be announced tomorrow?
Verizon, Wipro partner for Network as a Service
https://www.verizon.com/about/news/verizon-business-wipro-partner We paid Inf0sys 1 BILLION dollars in 2018/2019. Now we "partner" with WiPr0? Did we get our billion dollars worth from Infy yet?
Up To Speed Team Has A Bright Future
When their Up To Speed career is over, the UTS team members can pivot to Local Steals and Deals. Perfect.
Hans key to success
“ 2022 was a year of tremendous change. As a leader, that means constant evolution. As we head into 2023, my Big Idea is to go back to the basics and focus on one simple thing: TIME. You see for me, time is the ultimate currency. I’ve been a longtime... — read more
Glass Ceiling Has Sharp Edges
I feel sorry for the women who have tried to advance to the upper echelons of this company. Marni, Christy, Tami, Nikki, Manon, on and on. They get close to the top, then get blamed for some misstep, and they're gone. Like they try to grab onto the... — read more
VZ andT mobile buddy up on Fixed Wireless Access
Looks like we’re taking internet business away from the cable providers with fwa. Can the Fixed Wireless Access product alone turn the company and stock around ? https://telecoms.com/518869/t-mobile-buddies-up-with-verizon-on-fwa-broadband-mission/ — read more
How many meetings is too many meetings?
Of course, too many meetings hinders productivity. Those that are truly purposeful and useful are rare. So why all these meetings without clear purpose, which only drain our energy?
I got RIF’d and they expect me to give a damn?
I got let go and have 21 days left. New NOC management is somehow expecting us to give a damn about their new processes. Am I wrong here but IDGAF im dead man walking
Moving abroad
I currently live in the US and have a corporate position at VZ, technically deemed hybrid, but I'm totally remote. Question is, can I move to Europe and maintain my employment or are there laws that prohibit me from working at VZ in another country? — read more
https://www.fiercewireless.com/wireless/five-pieces-advice-verizon-industry-voices-lowenstein
This article is spot on! VZ Leadership: this guy is actually giving you the strategy in 5 bullets that could turn the ship around in 2023.
Process to remove a CEO from office
Is it entirely a BOD decision? Who has the final word? Investors? How much more do we have to put up with this sh$$ show? I am ready to cast my vote if I get asked ….
Hans focus is circling the drain
“on driving a closer consistency between the top quality network product we’re bringing to market and the operational results we’re producing.” Shares of the company fell 2.9% Monday. The stock is down 29% this year, compared with a 16% drop in the... — read more
Why is Andy the cheerleader for Hans ?
I don’t get it. What does this guy Andy do? Is he just like a cheerleader?
Could this be the next CEO for VZ?
https://www.cnbc.com/amp/2022/12/05/vodafone-ceo-nick-read-to-step-down.html European: check Fired for ruining a European telecom company: check Was previously CFO of same company: check And the previous Vodafone ceo just joined the board. — read more
Up to speed today
Hans seemed to talk in circles and not say anything tangible. It’s going to be great, it’s going to be great is all I heard which really means a wing and a prayer. But he’s the one making 20 mil a year and flying around on private jets. — read more
Verizon's Hans Vestberg: I'll just do it myself
https://www.lightreading.com/5g/verizons-hans-vestberg-ill-just-do-it-myself/d/d-id/782136
VCG better get ready …
Sh&& is about to get real in VCG. Deliver or get out. No more excuses for poor results and lack of leadership. When is Hans leaving? Who is taking over VCG? I heard Marni is coming back to do another yahoo/aol deal. How many subscribers have we... — read more
closer consistency between the top quality network product we're bringing to market and the operational results we're producing?
Mr. Vestburg on Monday said his immediate focus for the consumer group will be on "driving a closer consistency between the top quality network product we're bringing to market and the operational results we're producing." Wait til he finds out... — read more
Manon Brouillette GONE!
Hans fired Tami and now Manon. While I applaud both moves, it is just a sign of his failure and inability to lead. When the numbers continue to stagnate into 2023, Hans will also be gone. Unfortunately he will drag many of us down with him in the... — read more
Manon is out
Au revoir!
Regarding the sorry state of Verizon, a couple of Bill Parcells quotes come to mind
Regarding the sorry state of Verizon, a couple of Bill Parcells quotes come to mind. “You are what your record says you are” “Success is never final, but failure can be.”
The pay is not worth this much stress
There is just no way to reduce this amount of stress and release tension after a hard day of work here. I love my job, but most of the time I feel exhausted. Is the pay worth it? - I don't think so. Do the majority of people who left have... — read more
Verizon's Golden Age
Under whose leadership did Verizon thrive? Or did Verizon always suck?
4.00 Gatt rate for 1st quarter 2023
Lumps with take a punch to the gut next quarter.
Chief Data Officer Contract Not Renewed
She's gone as of the end of the year. Verizon has decided that no one inside Verizon has any value or good ideas, and it continues to backfire from the CEO and all the way down. She was an external hire and was in over her head. They've... — read more
MEGA EISP coming out soon
That’s what I’m told by a friend who is a director. Coming out next week, want 1500 off the payroll by end of the year.
will verizon sell off its fios network
do you think VZ will sell its fios network and just focus on fixed wireless access
Some are very good at flying under the radar
Flying under the radar sounds like a terrible advice but I learned the hard way that it is best to never give 100% of yourself. So I try my best not to stand out too much but some people are much better at it than I am. I wonder how they do it.
Change company or change industry?
Some might disagree but I doubt that it is much better in other companies in the industry. A colleague who left the company not so long ago, thinking that it would be better with competitors, says that he found himself in more or less the same... — read more
Another round of layoffs coming in January
For everybody saying RIFs only happen at certain times of the year, remember that we are in a different macroeconomic environment than we were in the last 5 years. Heads are about to roll.
Is it true that Verizon has stopped advertising on Twitter? Hans? Diego?