Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

An Example of a Growing Company

Aldi. Unfortunately they're not American, they're from Germany. In 2016 they had about 25,000 employees and about 1,600 stores. In 2016 they announced a capital growth program and funded it. This included remodeling about 1,400 stores (making them... — read more 

B2B Sales Changes

Notice how your quotas are all sky high and all the intense micromanagement lately? Yeah, they are cleaning up to gear up for 2.0. Here are the rumors so far 1) WBG and MAMs will be merged. Bottom performers from both groups will be sent to the... — read more 

IT VP's Getting fired

2 IT VPs were fired but not IT CIO yet. Lot of discussions around they favored vendor companies. Truth is Shankar Armugavelu and Vivek Gurumurthy favored Infosys. All IT VPs should be fired except 1 or 2 and most of the ED's and D's. Hire or Promote... — read more 

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| 7670 views | | 22 replies (last March 16, 2019)
Post ID: @OP+XQfMGx4

Can we expect any shifts by the end of the year?

I doubt that they will stop reorganizing the company, especially since 2019 is a year in which the company needs to take shape before the 5G rollout. What moves will the leadership take in the context of further reorganization of Verizon and when can... — read more 

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| 1106 views | | no replies yet
Post ID: @OP+XQOyH9R

Selling Management to Infy

Hans should have kept just his direct reports and the first layer managers from the bottom and sold off every directors, VPs, and sr managers to infosys at 3 for 1 price and kept all the talented IT employees to the company. That would have saved the... — read more 

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| 1720 views | | 9 replies (last March 1, 2019)
Post ID: @OP+XQvxzp9

ESP vs VSP

VSP was a choice and those on VSP should be very much thankful of vz for their paycheck so far and for the fat VSP check that will be on their way and repay back vz with their best intentions but ESP are the ones who barely escaped the slave trade... — read more 

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| 2540 views | | 7 replies (last February 28, 2019)
Post ID: @OP+XQk0BEc

Contract extension

I am not complaining , but why did VZ give that 5 year extension ? Work is slow , no o t and a lot of temps . Some of us probably won’t take an eisp if offered because we still have 4 years guaranteed . So what did they do it for ? Is a sale coming ?

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| 1810 views | | 8 replies (last March 1, 2019)
Post ID: @OP+XPhgHQZ

Any thoughts on AT&T and Time Warner merger?

Will it affect us in any way? Other then more people with same knowledge and expertise being laid off from both companies and saturating the job market in our field? Which, in all honestly, is the only thing I'm worried about. The harder it is to... — read more 

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| 710 views | | 3 replies (last February 27, 2019)
Post ID: @OP+XPLEf9M

Offer imminent late March or early April

Survey was sent out to local managers to find out how many people they can let go, company wants all the retired in place people gone. Also, company wants to get rid of the do nothing millennial temps that think they are owed a job and hire the good... — read more 

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| 3850 views | | 16 replies (last April 10, 2019)
Post ID: @OP+XPITEfe

VES

When is Hans going to get around to doing something with the VES org. Absolute bunch of unethical management running this org unchecked. Boundaries they silently cross is beyond compare. Outsourcing to Manilla and marrying the folks they train, or... — read more 

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| 1850 views | | 6 replies (last February 28, 2019)
Post ID: @OP+XP0CDZV

Writing on the wall

Don't like layoffs. But if you're in a bisuness unit built around a product, and the Swedish Chef announces a new org structure built around customer type, the writing was on the wall. This. How can people still be surprised by or unprepared for... — read more 

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| 1507 views | | no replies yet
Post ID: @OP+XN36e0I

Obviously, they are satisfied with the Infosys deal

I’m taking the rumor about further outsourcing very seriously. It’s something that’s very realistic and logical. Obviously, the earlier wave of outsourcing to Infosys work out for the VZ leadership, in terms of cost-saving and what was achieved with... — read more 

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| 1620 views | | 5 replies (last February 26, 2019)
Post ID: @OP+XN0WPl1

STI Payout for those RIF in 2018

Did anyone who was let go in 2018 get the short term payout on Friday 2/22? I assumed those RIF would get the payout same time as current employees?

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| 2470 views | | 8 replies (last March 4, 2019)
Post ID: @OP+XNEsiHU

Verizon Connect, Thank You

Last Thursday was rough for the Verizon Connect world. Many great people got let go from departments that directly work with our customers. All while the motto is putting customers first, yet the company will run leaner and have unmanageable... — read more 

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| 4090 views | | 13 replies (last February 28, 2019)
Post ID: @OP+XLl9LTO

Negativity

Doesn’t anyone have anything positive to say about the company they work for or does everyone truly believe the company is getting rid of all its employees?

The company doesn’t want a stable workforce

Sad to say this, especially as I have in my mind that the business looked like 10 or 15 years ago. The fact is that a career process of getting a job working hard, expanding your knowledge, skills, giving everything to the company and then retiring... — read more 

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| 1850 views | | 6 replies (last February 25, 2019)
Post ID: @OP+XLOrBQ4

Take your Pulse survey

Check your emails! It was sent on the 21st. It might not do anything but we have to make as much noise as we can!! Hans and Verizon 2.0 is taking us down! Use glass door! Please won’t want to join a company with bad reviews. Verizon has some of the... — read more 

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| 3960 views | | 22 replies (last September 5, 2019)
Post ID: @OP+XLTaBPk

ESP

How is knowledge transfer being done Are you people required to record training sessions how stressful has been the experience Any info about last date for esp employees

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| 970 views | | 3 replies (last February 23, 2019)
Post ID: @OP+XLqF0Cj

5 & 5 Rumor

I don’t believe it but that’s the rumor going around here in Pa. The purpose of this forum is to post rumors that you hear, so that’s what I’m doing.

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| 5770 views | | 42 replies (last February 28, 2019)
Post ID: @OP+XK4wiws

Retracting VSP

Anyone hear of any remaining VSP'ers being asked to stay? Those the realize they should have kept?

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| 2740 views | | 13 replies (last February 24, 2019)
Post ID: @OP+XKWyVz9

Did store-closures actually happen anywhere yet?

And I mean store closures in an organized manner that are a part of a planed wave of store closures, as the creators of that rumor claim, not the random closures or staff reductions at less profitable locations. I’m a store employee and there were no... — read more 

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| 1350 views | | 7 replies (last February 28, 2019)
Post ID: @OP+XKxqsCX

SVP of IT Shankar is Out

At least out of IT. Apparently moving in to an advisory role. Getting golden parachute, while some of us got dinged with infosys.

Wireless is the cash cow

Retail wireless as a whole is the piggy bank for bringing 5g to market. Wireless is the cash cow and given our goals and performance versus the compensation they are more than profitable. As long as the performance is there and profitable results... — read more 

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| 1131 views | | 4 replies (last February 25, 2019)
Post ID: @OP+XK9OtAI

Verizon purchase is a curse of death

It is very unfortunate, but it was a ticking time bomb, Verizon connect. Another one of Marni's inherited special projects. The Hum product is horrible ! The group has lost major automotive companies where Verizon once was the leader. That position... — read more 

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| 1612 views | | 3 replies (last February 24, 2019)
Post ID: @OP+XKWvpkS

Verizon - VSP and Unemployment in Massachusetts

Wondering whether there is anyone out there who took the VSP, with a December 28th date; applied for unemployment (in Massachusetts); was disqualified from collecting; appealed; and has had their hearing.

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| 1020 views | | 3 replies (last June 2, 2019)
Post ID: @OP+XKMe4vD

Thanks Marni Walden

Everything she’s touched has blown up. Why can’t we just focus on what we know best? NETWORK!!!! No media, no fleet, no security... sell all that off to companies that have the talent. We’ve wasted enough time and energy. it’s the strength of our... — read more 

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| 1340 views | | 2 replies (last February 22, 2019)
Post ID: @OP+XKaLoPH

Blood bath at Verizon Connect

Over 200 hundred positions cut at Verizon Connect. Some functional groups moving over to Verizon Corp (sourcing, training), and many others just cut. This leadership team continues to make wild changes, but nothing they do seem to produce anything... — read more 

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| 4220 views | | 6 replies (last February 25, 2019)
Post ID: @OP+XKAJ0vn

Basking Ridge Finance headcount needs to be reduced

There are still too many of us in the Finance Teams in Basking Ridge. I cannot believe that we all think these massive spreadsheets are making us productive. That is all we do all day and the compare them to the same one produced in another team.

5G

Legit question : if we have not been doing any 5G work , how is VZ turning on 30 cities including NYC this year according to Engadget magazine ? Now I have known contractors are doing the work and unless I read the article wrong , they are rolling... — read more 

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| 2530 views | | 20 replies (last February 25, 2019)
Post ID: @OP+XKumUQW

I don’t think there will be massive store closures

Think that people are in a panic too much since the rumor about store closures originated. However, In my opinion, there is little chance that there will be anything massive. Of course, there is a chance that a store closes here and there, especially... — read more 

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| 1400 views | | 11 replies (last February 25, 2019)
Post ID: @OP+XJK4kvp

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