Here's food for thought: they are changing how directors are being compensated to reduce costs - a bit higher salaries but lower long-term incentive. This is because the stock is s---ing wind. Lowell and the board will do whatever it takes to... — read more
Verizon is considering voluntary packages for non-Union employees
An executive level friend said that Verizon is considering offering voluntary packages to non-Union employees this year...initially. So, basically, they'd be able to cherry-pick who they want gone (those making the most/doing the least) from those... — read more
Any future Verizon Wireless posts
Why don’t you wireless people post on the Verizon Wireless section . You guys didn’t give 2 sh--s about VZ Communications last year and thought you guys were the sh-- . Now you guys are fearing every day for your jobs . Just a thought
Winter is Coming
americaclosed.com/verizon-layoffs-2017-yahoo-aol-merger-reorganization-go90-led-job-cuts/
15% all deparments
I think Hans has his own vision of how to run.
Verizon layoffs for this year so far number in thousands, more to come
With the company hoping that acquisitions of assets like AOL and Yahoo will help right the ship, if the group continues to flounder, then more cuts are to be expected... — read more
Priorities
Question..... if the company is in such bad shape does the women's conference have a different budget. From what I'm seeing they seem to be enjoying themselves
Whats happening with IPTV
I dotn see what they are doing. While other services have apps that run on boxes like Fire TV, Apple TV, these guys want to charge upward of $100. I have no idea what they are thinking Are the rumors true that they are discontinuing it?
Competition, and Debt, Could Spell Trouble for Verizon
Shame we lost three years messing around with AOL and Yahoo, rather than developing profitable businesses. Thanks Marni! https://nyti.ms/2l0UQHR
Call Center Rifs?
What about layoffs in the call centers ?
Done with offering EISPS until 2018
Is what i am heating true?
Verizon needs consolidation
And with consolidation come layoffs... Lots and lots of layoffs... https://seekingalpha.com/article/4115784-verizon-needs-industry-consolidation
VERIZON HIRING NOW TO TRAIN TECHS FOR NEXT STRIKE
Verizon is quietly hiring over 800 non union techs to take over when contract is up. The school in VA has them training at night. The hotels in the area are full. Good bye union.
Verizon - November 2017 Layoffs
Just starting a new thread - tons of rumors - ignore most of them, look for credible and well supported bits and pieces
Sideline is hiring over 800 people by the end of the year
Mostly to get rid of Overtime and the copper
Upcoming global diversity webcast
This can only mean good things, right?
Moving Reps Around
I heard they may close many retail locations by 1/1 and 2/1. I'm starting to believe this to be true. Two really good DMs just got promoted, removing them from the chopping block. They are also moving a ton of reps and managers around in my district... — read more
11/2 Layoff
Some members of management getting 11/1 calendar invites at Headquarters across the nation. More Invites coming next week. We’re anticipating massive reduction for 11/2 or 11/30 for EOY layoffs. Operations jobs eliminated across nation is the rumor... — read more
Anyone hearing of indirect account manager changes?
Now that gustos are gone we are already seeing a drastic dip in Walmart productivity in the 3 weeks they have been deleted , many of Best Buy iconic orders are online which not seeing sales in peak, etc. the 8 launch was a bust .
HR in store
Does anyone else have HR in their store. HR PERSON just came in 20 min ago not sure for what but will update. One rep is in the room with HR.
This entire year is a joke
Earnings were terrible. Wall Street is just all excitied because subscriber growth was not negative. I love the shady accounting around device payment plans and how they twist that into revenue when in reality people are just slowly paying us back... — read more
11/2/17 Retail/B2B Support Layoff. B2B Layoff
Latest Rumor : Retail and B2B support will be slashed by 80% nationwide. Operations positions throughout the nation will almost be eliminated . B2B will receive a reduction for commission based positions as well. Inside retail stores will not see... — read more
Predictions for earnings?
Good-ish numbers across the board. VZW doing well enough although losing some subs to T-Mobile. Fios doing ok but tv subs dropping in cross-industry trend. Don't know or care about media or enterprise. With the Marni news, I'm half expecting Lowell... — read more
I heard commissions were going away in store
and sales reps would get a bump in hourly anywhere from $4 to $8.50... Has anyone else heard about this happening. I was also told the top sales rep each month in the store would get a $1,000 store leader spiff and 2nd place rep would get $750 and... — read more
Selling customer information
Well, this is not good for our already shaken reputation... Although, since it's both us and AT&T, it kind of softens the blow. Not as if customers have much of a choice on who to switch to... — read more
A few cost saving ideas
VLSS, Greenbelts, Blackbelts.... the entire program is a huge waste of expense dollars. It's just a home for unwanted managers who should have been cut while they lacking the skills or understanding of the processes they are tasked to improve. Why... — read more
Verizon's newest commercial commending first responders during the recent hurricanes!! Also gave kudos to the technicians...
That maintained the network during the storms. Verizon should continue to promote their employees in a positive light. The men and women on the front line who respond to the call when the network goes down an also continue to help build and expand... — read more
Since we are already outsourcing everything...
So many positions are getting outsourced at Verizon, I was wondering why don't we simply outsource the top tier management? We'll save millions, and only a few people will be affected. I know it will be hard on them, but I'm sure they'll understand... — read more
Who is the next CEO?
and your reasoning behind your guess, please.
Verizon Layoffs 2018
Cannot believe it? Really? Layoffs again in NYC.
I hope things improve soon
There is much negativity in trenches, I really hope tings turn around quickly.
Let's play a game
Let's play a game. There isn't much we can do about how corrupt this company is but let's share our stories. We know they are reading. I complained about a s-xual harassment issue and nothing happened to the person who would make incredibly s-xual... — read more
Can an employee on STD be laid off?
Can and will Verizon layoff employees that are out on Short Term Disability? Has anyone had this happen to them first hand? Just curious....
Heard it hear first... bye bye Lowell!
http://fortune.com/2017/10/10/verizon-marni-walden-mpw/ Marni claims she left because she won't be getting the CEO spot. Which means there's actually talk about that spot becoming available. Which means Lowell is gone... You heard it here first... — read more
If somebody's got to be riffed ......
Do it to the VLSS team. "Blackbelts" trying to improve job processes for jobs hey know nothing about. It's comical.
If you can think for yourself, Verizon will not want you
Well this will never be admitted by the company, but they want young people in the stores, so that the millennials will feel comfortable with people their age, since that's the group that spend the most money. Oh sure they will have a few people over... — read more
HUGE RIF
Just got off the phone with the boss in BR... big layoff coming in November. Revenue decline more acute than expected in 3Q. Hans converging teams, wants to clear the deck, so lots of VPs and Directors hit as well. Off the books by early December... — read more
I reported harassment to Verizon HR and they ignored
How many stories are out there? Have you reported harrasment to Verizon HR only to have them do nothing? When will Verizon stop looking the other way? Please share your stories.