There have been numerous rebadging (moving functions and the people that support it to a contracting firm) over the last few years, significant ones with Infy, HCL, and Cognizant. I'm hearing it's coming again, on and off shore. Anyone have any... — read more 

I saw here that union folks might get the option. If Verizon's planning another big round of cuts, even if mostly retail, wouldn't it make sense to start with VSP and then reassess? That way, people who really need to stay have a better shot, while... — read more 

So good news I hear pretty good things coming but sounds like a big package to get associates off payroll which means unfortunately a lot more managers are gonna get the rif soon

Extended through 8/1/30

Pending ratification. No particulars as of yet..

Just saw a 4 yr extinction on the union contract. Hopefully its somewhat decent but time will tell

Any news on the change for R2B? Heard it going to change from retail into office?

A significant layoff is expected soon on the retail side. I’ve heard from a source that leadership plans to convert up to 90% of corporate locations to indirect locations by the end of the summer.

Additional layoffs are expected in June for the retail workforce, and more stores are being converted to indirect locations.

Plan is coming down the line. Regardless of contract extension or not. À la ups style $5000 per year of service to leave the company. No restrictions . 5 years or 50 years. Major downsizing is wanted by the company. No ipp offer. Across the board... — read more 

Can someone clarify whether or not we are getting stock grants? I want to know whether to start applying elsewhere or not

Why is no one talking about how stock together was removed without notice or a heads up. Make sure your paying attention to your 3% raises, ST is gone.

Sometimes it feels like people are rooting for layoffs with the way they keep predicting them. Every other post tries to guess the date, as if saying it enough will make it happen. When something is official, we will hear about it. Until then, maybe... — read more 

Source: https//www.sdxcentral.com Verizon CEO Dan Schulman - Verizon …And if you can’t “imagine,” Verizon CFO Tony Skiadas provided more clarity. “Noncore areas that are not aligned to growth, including legacy areas, are being significantly reduced... — read more 

Anyone have insight to this?

I just talked to TMobile about switching and they were less than what I am paying at Verizon even after the employee discount and they are giving away new phones and they have a 2 year upgrade pipeline. Verizon's network coverage seems to have gone... — read more 

Does anyone have any information on upcoming RIF or VSP? Please share what you know.

This is the "woman" who went MIA when her workforce was being gutted with 15,000 layoffs. Now she is holding up post it notes suggesting that employees should love their employer to make the company successful. Are other employees so delusional... — read more 

I was talking to a friend the other day and he said he always knows layoffs are coming at his company because managers basically go missing for weeks and routine meetings get canceled. Do we have something that? Has anybody noticed any similar or... — read more 

Done and gone

Dan gets a lot of flac for his cutting, but this company is like a terminally ill patient that needs an infestation of tumors removed. At some point he will have the stock at a proper value.

Sit back, relax. We will continue to contract out all the actual work. Do a bit every day, just to stay in shape, everything else will be contracted out.

My direct either has a fetish for Victorian English or they are using weird prompts in AI. I kid you now, it feels like it was written as if he were going to be laid off anyway, It was great! Stupid and great. Though I guarantee he had no clue what... — read more 

After frontier and labor agreement settle, the rif will happen.

They're mostly just tools to push people out. Rarely do they reflect someone’s real performance, or the value in terms of skills, experience, or productivity. And let's be honest, the higherups aren’t exactly brilliant either. Hard to see much of a... — read more 

If anyone has gotten both an AI written review but also gotten more than an “achieving”. Like yeah, you’re great, but still not great enough for me to put thought into my own words.

I was in a call the other day. She starts to ask how we can use ai to make our tools better. Offering suggestions that have already been solved last year. Literally doesn't know anything. Worse is I looked her up and she has no direct reports. I... — read more 

Do people get laid off within the first several months of employment? I desperately need a job, but I don't want to join, stop my search, and end up on the street again within months. Thanks in advance.

Anyone hear anything about negotiations? Today is the last day they have scheduled for any talks.

Dan was right with AI, employees will be replaced. 3 hours ago - Block Inc. announced a 40% workforce reduction to adapt to an AI-driven business model, triggering a 20-24% surge in its stock price.

Forget getting laid off, people will start just leaving on their own if we’re too lazy to write appraisals. Come on, how did they get hired if they can’t pronounce the words AI gave them. And don’t forget that clown last night who was talking all... — read more 

Got to love it. Another vzw outage and going to be out for 12-14 hours and once again no credits being offered. But hey let’s keep riffing, outsourcing and depending on AI to run the company. It sure seems to be doing wonders for our customers and... — read more 

Why did I just get $5600 deposited in my checking account? I got paid already months ago from the severance and RSUs. My last day was 12/19.

Can someone with greater knowledge summarize all the sr leaders that were let go and all the reorgs that are happening across so a nobody like me who is barely hanging on with ever increasing workload can somewhat be in the knows please?

I do not see any big changes in the Network org. Most cuts are happening on the consumer and business side. Our network is getting worse and worse.. Network org remains As-Is .. Is there any changes in that area ?

AI WILL REPLACE FCC SWITCH REPORTABLES. Regulated AI.

https://commsrisk.com/verizon-turnaround-not-likely/

No end of month RIF notifications. So stop spreading unfounded rumors. Listened to the Joe Russo leadership call and no big news on layoffs. Stop spreading unfounded rumors.