Hard to sell business enterprise 5g when there is no coverage. Any engineers have insight on 5g rollout? https://www.sdxcentral.com/articles/news/verizon-ceo-hints-at-5-10-year-wait-for-5g-pay-off/2022/04/
Verizon’s drone company skyward shuts down
Another acquisition bites the dust https://www.lightreading.com/iot/verizon-buries-skyward-its-drone-company/d/d-id/777358
Fortune: Verizon considers raising prices on wireless plans to address inflation
https://fortune.com/2022/05/05/verizon-wireless-service-price-increase-inflation/ Hans Vestberg, Verizon’s chief executive officer, raised the prospect of boosting prices on an April call with investors, citing what he said was a 40-year high in... — read more
Change is coming
Bad Q1 results, Hans is noticeably absent, poor stock performance, job openings aren’t being filled. The Board of Directors have had enough. We’ll have a new CEO in less than 3 months.
Progressives and Globalists have harmed the company!
According to the stock price it appears that the progressive and globalist management that took over with the handball champ of Sweden have wasted billions in capex investments. Time for a house cleaning just about the time congress starts up its... — read more
Verizon treats new customers better than existing customers
05.2022|Products & Plans|Mobile Plans & Devices Being on Verizon pays off big - new and current customers get a free 5G phone Trade in for new customers iPhone11 - $800 vs. Trade in for current customers iPhone11 - $700
Lump sums down
Rates are up, lump sums are down. Feds expected to raise rates thru 2023. Are you staying or going?
Things that are wrong at Verizon (in no particular order):
management political/toxic culture the constant threat of layoffs management lack of proper raises and bonuses lack of communication complicated processes that take too much time to complete that could easily be streamlined to talk a quarter... — read more
Diversity SVP necessary?
Do you think we really needed to hire an SVP level diversity executive? I feel like there has already been a lot of attention and effort placed in this area. Felt like we had moved the needle based on all of the continued we're a top employer for... — read more
The annual deep-dive VZPulse+ survey will launch Monday, 5/2.
Drive meaningful change. Improve the V Teamers experience. Chance to snag our most popular Verizon-branded Ultra campaign T-shirt.
Any news on these HR meetings that are going on?
My manager mysteriously had to cancel midway to our staff meeting today due to needing to get to an urgent HR meeting? Anyone know what is brewing?
Hans you are the captain of a sinking ship
Save all the passengers before we go down with your ship and you take the golden parachute. Turn things around by having another VSP package and reduce the huge debt Verizon has. It is the only and fastest way to change the stock price trend now!! — read more
Layoffs in marketing
Do we know if there will be more layoffs in marketing any time soon?
Look at the stock!!!! BOD ITs time 4 years is enough
You guys love numbers look at them since hv stockbottom took the helm!!!! Now he gets 40 million to go away for bad performance again what a joke. Save the 40 million!!!!!! there's interns that will run this company better than all the previous but... — read more
I don't want to work extra hours anymore
I have been working extra hours for free for a long time because I can't find another job that will pay my bills. On the other hand, I can no longer work extra hours because I am exhausted. How did you refuse to work all those extra hours without... — read more
2023 talks
Union and Verizon are already talking extensions. This would be great as it gives the market time to bounce. Leaving right now is too expensive, look at the beating 401k and pension are taking… many who paused last offer are having regrets, and... — read more
The BOD Was Woke Long Ago
The Board of de generate s has been a political correct woke sinecure for the connected in crowd for more than a decade. Until this board is bounced, which will never happen because of Blackrock, the company will be stuck in the muck. The SEC needs... — read more
Who should succeed Hans?
Who should succeed Hans? Manon Brouillette Ronan Dunne Matthew Ellis Tami Erwin Samantha Hammock James Gerace Rose Kirk Kyle Malady Rima Qureshi Diego Scotti Craig Stillman Other
The exodus continues
I'm not sure where all the people who're quitting are going, but I wish them all the best. I just wish Verizon would work harder to backfill at least some of the positions, since we're breaking our backs over here to get everything done. The upside... — read more
Dow falls nearly 1,000 points on rate hike fears and poor earnings from Verizon
New York (CNN Business)Stocks plunged Friday. The Dow fell about 980 points, or 2.8%, following comments about likely aggressive interest rate hikes from Federal Reserve chairman Jerome Powell. A poor earnings outlook from Dow component Verizon... — read more
The Company's Core Competency Is Now Losing
As hard as it may be to imagine given the S&P 500 returns of the last four years, but the stock is lower today than when the Swedish chef took over in August 2018. None of his leadership, selling, marketing, engineering, strategy or deal making has... — read more
VZ Reports 1Q Earnings - Outlook and Guidance is troubling
After executing a $10b expense reduction in 2018 - 2021, the company plans $5b-6b in additional expenditures related to the deployment of the company's C-Band 5G network. The bottom line is future expense reductions (RIFs for starters) needed to... — read more
Christina Schelling SVP of Talent and Diversity
Schelling will lead Verizon’s DE&I, talent acquisition, learning and development, career planning and leadership programs. When she joins the company on May 2, she will drive DE&I efforts to develop a more unified approach within Verizon’s talent... — read more
Going down!
A price drop of more than 5% is considered a crash. When there is a crash because there are no new customers then there will be more layoffs, less customers, less sales, and even more layoffs. Stratton is snickering somewhere!
June 6
Is everyone ready to RTO?
$20/hr increase has me worried...
I seem to feel a pattern happening. When something too good to be true comes around the corner with Verizon than not to much further down the road people start losing their jobs. I am really hoping that the company is true about doing this for... — read more
Casa Systems stock jumps as Verizon buys 9.9% stake
Casa Systems (NASDAQ:CASA) shares jumped more than 40% premarket after announcing that Verizon (NYSE:VZ) will invest approximately $40M in the company's common stock, resulting in a 9.9% ownership stake. The company also won a multi-year purchase... — read more
Verizon (VZ +0.5%) has boosted its minimum wage to $20/hr.
Verizon (VZ +0.5%) has boosted its minimum wage to $20 per hour for a large number of employees, part of a push for retention and hiring in a tough labor market. The company says new employees in Customer Service will receive $20/hour, and new... — read more
Seeking Alpha: Does The Drop In Verizon Provide A Buying Opportunity?
Does The Drop In Verizon Provide A Buying Opportunity? +Play And More Apr. 11, 2022 12:23 PM ET Summary Verizon just garnered the 27th consecutive award for network quality from J.D. Power. The shares have trended downward since the end of 2020 and... — read more
With the upcoming 6 and 6, are there that many people that will take it?
Most union people are happy, as far as I can tell. Though we joke how the New York offices are full of degenerates who are unhappy, I still think most like the company. Anyway, do you think a lot of people will take the 6 and 6 when it’s offered? ... — read more
Verizon unit TracFone reaches $13.4 mln U.S. false claims settlement
Verizon unit TracFone reaches $13.4 mln U.S. false claims settlement Reuters by David Shepardson, April 5, 2022 TracFone Wireless agreed to a $13.4 million settlement to resolve false claims allegations in connection with the Federal... — read more
FCC order 19-72A1
The Sunset of Copper POTS (“Plain Old Telephone Service”) Lines FCC order 19-72A1 (issued August 2, 2019) has officially granted telecommunications carriers permission to abandon outdated, degrading copper POTs lines. Per the order, carriers are not... — read more
PBGC rate increases
PBGC rate increased to .5%. Time to check your lump sum pension. Anybody think Verizon will make a change in the pension calculation to avoid an exodus?
T-Mobile Plan for VZ Retirees
I am approaching TMUS about having a plan for retirees from VZ, which would be quite a coup for them and the retirees.
Verizon 3.0 in the works
Congratulations another transformation is amongst us. With the union strike around the corner Hans has decided to also roll out VZ 3.0 along with another VSP. As an HR leader I’m appalled and disappointed. Will happen in early 2023.
So many hateful people
I'm not sure if hateful people find Verizon to be a great employer so they aim to get a job here or if normal people join Verizon and then the company and its toxic atmosphere turn them into hateful caricatures of themselves, but either way, this... — read more