Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Too woke!

We going broke. Leadership is incompetent and worries abkut metrics and politcal correctness too much. Knee jerk policies are getting ridicoulous as well. They are running things to the ground.

by
| 1631 views | | 9 replies (last October 4, 2022)
Post ID: @OP+1iXvzcpf

The CEO Has No Network

McKinsey swindlers arrive at the Basking Ridge office an CEO who spends lavishly on frivolous ideas at the expense of employees and shareholders. Posing as experts, they offer to supply him with magnificent network that has no connectivity to those... — read more 

by
| 1701 views | | 3 replies (last September 30, 2022)
Post ID: @OP+1iXBE1n8

What makes people think that their job is safe?

Never assume that you don't have to prepare for being unemployed. And yet, maybe there are still people who think that their positions are safe? I know from experience that there are always such people, who later regret ever thinking that their job... — read more 

by
| 1700 views | | 4 replies (last October 4, 2022)
Post ID: @OP+1iXzVlJR

Be aware. Major RIF coming

Be on the lookout for a few things getting removed from or slowly phased out of workload in the next few weeks. You’re not part of long term plans leader finding any reason to provide official coaching. Needed for ratings leader being distant... — read more 

Yay, VZ shares at $39.43

Keep up the great work Hans! We should be around $20.00 by end of the year.

by
| 851 views | | 3 replies (last September 28, 2022)
Post ID: @OP+1iWeQMAV

Dividend Death Watch

Looking at Verizon’s cash flows, I honestly don’t think they can sustain their fat dividend much longer. Servicing the $140B in debt (I mean what genius thought levering up to that degree was smart) is going to cost a LOT more as bonds roll over at... — read more 

by
| 1270 views | | 3 replies (last September 28, 2022)
Post ID: @OP+1iVAyPtJ

Doubled salaries

I am trying to get a better offer and all I have been offered so far are only slightly higher salaries. On the other hand, here I read about those who doubled their salaries after they left here, and some even got more than that. It sounds too... — read more 

So much for no travel... lol

Hearing that a bunch of engineering directors, EDs, and VPs headed to Boston for a pow-wow. No travel or expense restrictions for those band 5s and above. Enjoy your lobster while the rest of us do the real work.

by
| 2080 views | | 9 replies (last October 4, 2022)
Post ID: @OP+1iV5KKgC

Just a quick question

Purely out of curiosity, I am interested in what you think about how the company could deliver significant growth?

Will VZ ever be the industry leader again?

We were number one for years. Now we're not, besides cutting employees, what else can we do to get back to number one? I don't think Hans is capable of getting us back to number one.

by
| 1890 views | | 13 replies (last September 28, 2022)
Post ID: @OP+1iT2raEV

How many?

How many headcount do we need to reduce to be competitive? I say 30K, but it could be more. I don't see Hans offering any incentives to leave. Will these reductions be layoffs? The whole telecom industry is reeling now, layoffs everywhere we look... — read more 

by
| 2540 views | | 6 replies (last September 27, 2022)
Post ID: @OP+1iTAFL1V

This is Real

Here are the facts: Key staff leaving the company especially in GNT, at the leadership level, going to competitors and suppliers. Dir and ED rotations happening with the assumption that a new person in an old job provides growth (wrong!) HR span and... — read more 

by
| 3470 views | | 14 replies (last September 30, 2022)
Post ID: @OP+1iRrFxQc

They just manage the decline

I think people who have some expectations from this company are fooling themselves, because the leadership only manages the decline. Do they have any plans for future growth? I wouldn't say that they have any concrete plans, nor that they have a... — read more 

by
| 1210 views | | 3 replies (last September 23, 2022)
Post ID: @OP+1iQs8Mph

Preferred Pronoun

The company is on a nose dive, but no worries we can now as of this week have our preferred pronoun on our badge. Yay! 🙄

by
| 1820 views | | 11 replies (last September 24, 2022)
Post ID: @OP+1iQCsVjV

Oh my aching lump sum!

Another 3/4 point interest rate hike today. I will dread looking at the next lump sum amount after the latest hike is reflected. Probably down 250k from height of 0% rates a couple of years ago. YIKES!

by
| 1270 views | | 4 replies (last September 28, 2022)
Post ID: @OP+1iP19Ykh

Back to the office

The company is tanking cause everyone is relaxing and could care less about the company cause there working from home. This never happened when people were in the office. Cancel work from home and bring everyone back to the office , the way it... — read more 

by
| 2340 views | | 13 replies (last September 25, 2022)
Post ID: @OP+1iPIr5o2

Worst leadership ever

I absolutely do not agree with any decision of this leadership. Have you ever worked in a company with worse leadership? In fact, they should not even be called "leaders", because they are not.

by
| 1192 views | | 3 replies (last September 24, 2022)
Post ID: @OP+1iPocUhE

VZ share price $39.88!

Can you believe it? Where is Hans? What's next, the twenties? This is really making me hate my life. I have lost big time in my 401K. How about you?

by
| 1660 views | | 12 replies (last September 24, 2022)
Post ID: @OP+1iPFhXLO

Total by Verizon

So now we have yet another cellular company (Total by Verizon). Verizon Wireless, Tracfone, Visible and now Total? The wasteful ideas being implemented just continue on and on.

by
| 1560 views | | 18 replies (last September 22, 2022)
Post ID: @OP+1iPjDeQ2

It's coming... For sure.

Batten down the personal finances, theres definitely a RIF coming in 4Q. Confirmed.

by
| 3140 views | | 17 replies (last September 24, 2022)
Post ID: @OP+1iOPv4Xc

Surplus list

Was the titles declared surplus completely voluntary or is a force adjustment coming? For the recent sept 25 deadline.

by
| 1430 views | | 3 replies (last September 22, 2022)
Post ID: @OP+1iOTZWHz

Well, you can't be good at everything

Our Talent and DEI team was awarded 4 gold and 2 silver Brandon Hall Group Excellence Awards for the development programs that help V Teamers like you upskill and uplevel, like our WOW (Women of the World) program. Looking to join a team that’s... — read more 

by
| 1321 views | | 5 replies (last September 21, 2022)
Post ID: @OP+1iONL4uM

3Q results are gonna stink.

Nothing concrete at this point, I just have that uneasy feeling that our results are not going to measure up. Hans and his knuckledraggers keep using the same playbook and failing over and over again. Not sure what it will take to get Hans head... — read more 

by
| 3290 views | | 23 replies (last September 21, 2022)
Post ID: @OP+1iKsukSv

VSP

T-MOBILE has VSP for certain departments. 26 weeks pay plus two month transition period paid. Prorated bonus, stock incentive paid out and PTO paid out.

by
| 1723 views | | 5 replies (last September 21, 2022)
Post ID: @OP+1iKLai58

Start a new thread - post a news comment, question or message:

: