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
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
NJ unemployment being stopped / denied.
I know of several people that collected a few weeks and then were denied.
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
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
If case of new massive outsourcing, is a buyout mandatory?
I don't know, maybe this is a stupid question, so if it is forgive me. In light of the rumors about further outsourcing of some segments of the company I was wondering, if that situation was to happen are they in obligation to perform a buyout like... — read more
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 ?
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
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
Any new leaks or guesses what is gonna happen in Verizon in next few months
Any news .now adays no one is giving accurate information..
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
What is happening with IT
will it survive 2019
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
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
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?
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
Network Change Management to infosys?
Is anyone hearing that I.T. will be outsourcing network change management? What else is going to IBM, Infosys, etc?
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
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
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
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.
Retracting VSP
Anyone hear of any remaining VSP'ers being asked to stay? Those the realize they should have kept?
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
Keep your self trained, marketable and ready to go when required
It’s just business. There is no loyalty to company’s anymore as employees will jump to another job for more $$$ and sometimes give 2 weeks notice. There’s no loyalty to employees anymore as it’s all about the $$$ for shareholders. Keep your self... — read more
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
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
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.
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
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
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
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