Thought I would have a good laugh reading this article as the author claims that Oath is the second dumbest company name in corporate America, but at some point, the author made a pretty logical conclusion that we can expect a wave of layoffs in... — read more
VSP Payout days
I’m off payroll 12/28. Does anyone know the time lines of when to expect severance pay and when fidelity will be notified so I would also have access to those funds. Just trying to plan for potential extended time with no pay.
3rd Quarter
Confirmed company wide layoffs planned after June VSP off payroll date
I can see why people might feel owed
There is a point though where one is taken advantage of and feels owed. Having to cancel plans and work late for the hundredth time because of things that are someone else’s fault like your manage or heir manager who forgot or just decided they... — read more
Infosys not Ready, being pushed into January
Hearing InfoSys isn't ready and the transfer of Employees is being pushed out to January.
1st quarter eisp?
Anyone else hear rumors of a first quarter eisp? Also heard of a second VSP after the managers who were picked for the first one are gone.
Any chance this is true?
With almost a 1/4 of those offered the package taking it I really doubt Verizon is going to do any layoffs soon. Had the take rate been lower then maybe there would be layoffs. From what I have seen it will take a while for the dust to settle after... — read more
All GM call tomorrow
Just got a late notice that all GMs have to be on a call in my territory tomorrow morning and to be on the lookout for a package coming in the mail that cannot be opened until after the call. Anyone thinking of some layoffs in retail coming at the... — read more
Thank You Verizon
I am very grateful for the severance package — Thank You Verizon
Post VSP Raise/Compensation Changes
I will be discussing tomorrow afternoon with boss. What have you gotten and were you denied VSP?
Trending to make less?
Is anyone making a decent commission this month? Is anyone getting talked to non-stop about insurance adds and district managers threatening to write employees up because of not hitting insurance targets? What are you making as we approach year end?... — read more
Vz is on top of 5g
Vz is on top of 5g... No matter what the trolls think. I work for a great company with a superior product. Ran by the worlds greatest engineering teams ever assembled. ATT or Bell South is a hot been with big old empty buildings. If you ain't with us... — read more
Verizon owes you nothing
Why do people think Verizon owes them anything? You did a job, you got paid for doing that job. That's how it works. No more, no less. What else do you believe you are "owed" for something you were already compensated for? And then people say... — read more
Rebranding Oath into Verizon Media Group
I figured that some sort of rebranding would eventually take place after the company admitted that Oath is very far from reaching it’s targeted numbers. What’s going to happen with this transition from Oath to VMG is yet to be seen, but the fact is... — read more
Att to launch their first 5g in 10 states on friday this week
Verizon better hope that HAN'S isnt riding a three legged horse in this 5G RACE...
The Release
Has anyone found anything in "The Release" that they find questionable and will have an attorney look at?
Feeling bad for those forced to stay
While I'm ecstatic to be closer to my final day at Verizon, I think I'm starting to experience "survivors guilt." I feel so bad for two of my coworkers who were denied while I was approved. I have no idea what was the deciding factor, but I know all... — read more
Possibility of more IT jobs going to Infosys?
Does anyone know what is in the Verizon - Infosys contract with respect to how many employees can be moved to Infosys in addition to the 2500
Any news on second round of layoffs?
New week, new worries. Did anything new on the second round of layoffs surface so far?
Potential STI?
I know bonus season is still a couple of weeks away but with all the recent craziness what do you think is a reasonable STI % payout for those of us that did not take the package? Last year was 93% I believe, curious as to what it will be this year.
VZ 2.0 Delayed
Was told all changes to VZ 2.0 are delayed, anyone else have more details or timeline?
Org announcements?
Rumor is Monday on consumer org - anyone else hear similar?
Verizon admits Oath is in free-fall
The recent decision to cut approximately 10% of Oath’s staff along with the statements of the company representatives in the recent SEC filing give me undeniable proof that the company leadership made peace with the fact that Oath is tumbling down... — read more
Removal of WFH/teleworking option?
With new management rolling in what are the chances work from home is cut out?
Great place to work
My job at Verizon was so wonderful they had to bribe me big bucks to leave! Good place to work!
With all the billions in write downs for VZ ,what will happen to the stock price
I will be dumping all my stock this week,vz will probably go down further with all their down grades this past week and all the chaos in the global markets..and all the disgruntal employee that got shafted ,IMO
Number set for direct reports.
Managers are to have 11 to 15 direct reports to justify their position. After the voluntary separations it is going to be difficult to justify the current number of managers. How will Verizon address this situation? First quarter of 2019 will be... — read more
Staff Cuts Reveal Verizon's Urgent Needs
https://www.forbes.com/sites/miltonezrati/2018/12/13/staff-cuts-reveal-verizons-urgent-needs/#fe0dcd8598cc
I just got hired by Verizon!
Systems Dev role. Nice pay package and signing bonus. In my 20s, so not likely to cost the company money like the fat, sick, aging boomers. Just get them out of the building aready. Sooo depressing to have to look at them.
Oath laying off 1,000
https://www.nbcnews.com/news/amp/ncna948001
This is salary discrimination
There will always be more RIFs. They've been going on for years. This was a financial move on the company's part, but yes, they will back fill some positions. The VSP was not targeted enough to prevent the need for back fills. This isn't age... — read more
SEEKINGALPHA RETRACTING THEIR STORY?
Yahoo: Verizon Deal Could Garner 29% Boost In Valuation Jul. 25, 2016 8:06 AM•AAB SeekingAlpha Summary Reports suggest Verizon will acquire Yahoo's core business for $4.8B. Including intellectual property and Yahoo's stakes in Alibaba and Yahoo... — read more
HUMFEST
Today is humfest!!!
YAHOO /AOL HAD NOT ASSETS?
Verizon said is writting off the entire cost of tbe acquisition, as is parting ways with 10,400 employees in "a voluntary separation program," despite the Trump administration providing a tax cut and various deregulatory changes that were supposed to... — read more
Twelve Days of Retail
Twelve stores a-closin’, Eleven whiners whinin’, Ten slammers slammin’, ?
Verizon Pension
Can anyone explain why we lose 2-3K a month in the pension after 55? Is that legal, I have lost almost 150K in the past 3-4 years how is that possible?
Merry F'n Christmas
5 customers, I helped 5 customers all day in our store, all service work, I need to sell at least 6 boxes a day to hit quota, not to mention at least one pull through product every day. Our promo's s---, we have no traffic and not 1 person in my... — read more
Verizon Mobile Plan Discount
If I leave Verizon can I still keep my plan discount? I've been with the company for about 14 months and I work in a store. Please let me know.
9 billion investment now worth 200million And Tim and lowell get to walk away with all the cash while we get to stand here holding the bag
What a joke let me guess we should all forget about our tiny raises to help make up the difference.This is exactly what people are talking about corporate greed