The disaster that most everyone realized was coming is directly related to the hiring of executives, for lack of a better term, from Sweden, Ireland, India, and Canada. At least two have been under investigation of wrongdoing while being the head of... — read more
Is anybody safe?
Any areas that still have all their managers?
Ask to be on rif list now or wait til nov 20 ??
Should i tell my boss now i want go or wait to nov 20 to negotiate terms.??
Layoff 20 Nov
Managers are currently in meetings after being asked to rank their employees. Not a rumor.
Protected classes
What happens to protected classes during a RIF? Are any special considerations given?
Dan's Q3 call was well received here..what happened?
There was a lot of positive feedback to the CEOs blunt and honest call a few weeks ago, even with him flat out saying there would be layoffs and that his plan would be ready in 22 days...which put it right around the 20th. What happened? Did people... — read more
Enough with the fear mongering. Nothing is happening next week.
https://www.the-sun.com/money/15469725/verizon-denies-rumors-employee-layoffs-mass-closures/
Industries Less Susceptible to Layoffs
I know this will be downvoted but I figured I’d post it because it may help someone. Industries less susceptible to layoffs include healthcare, education, government, and essential services like food, utilities, and discount retail, as people need... — read more
20 % Management layoffs By Nov 21
Crazy that 20% is a huge number it’s just the first stage of the management layer layoffs .But I hear it’s not even across the board.Some groups will lose less of that whole 20 some will make up a huge percentage.Sounds like the wireless corporate... — read more
Trolls
There’s been a huge uptick in troll posts the past 48 hours. One poster uses the word “value” a whole bunch to oddly describe an unknown Verizon business segment. Another keeps claiming huge moves, like Sampath being let go - which hasn’t been... — read more
NewsArticle
Rumors of Verizon's Store Closures and Layoffs Have Employees Worried Rumors of Verizon store closures and layoffs are making the rounds. The Verizon layoffs this month could continue to heighten tech industry woes, leaving many to fend for... — read more
How worried are you about your job? On a scale of one to 10
For me, it’s a 10. I’m extremely worried that I won’t have a job next week.
We need transparency
This whole process was never going to be easy, but it could’ve been so much better if leadership had been upfront from the start. Instead, we’re left to guess and speculate because no one at the top wants to say anything concrete. A little honesty... — read more
FIRED!
DU PHAM D/FW
Just Do It. #RTO
Work as prescribed 9-5 M-F. Been done nearly a century. Prove they do not need to send your job overseas. RTO is for collaboration and winning. No whining.
Frontier M&A
This! RIF when not enough $$$ in the coffer to fund $10B Frontier. https://www.fierce-network.com/broadband/verizon-seeks-sizable-10b-fund-its-frontier-deal
Happy VZ hunger games
May the odds be forever in your favor.
Anyone here that would prefer to be laid off? Why?
I am 62 and I'd take the money and run. The math works for me and I just need healthcare. I've been working since I was 19, I am so done.
HR Loves you VTeamers
We are here to help and make you successful. We'll help you on this forum too, we'll send positive vibes and will post positive comments and replies. All will be fine VTeamers, respect for the individual and personal growth. Rainbows. Unicorns... — read more
Band 8
I am thinking that Band 8 would be safe due to our low pay, would you agree?
VSP
I took VSP last year. It was a good decision. If you are given an opportunity, do your math and it may work well for you as well. I know this is not for everyone as people are in different states of career or personal growth, but if you are thinking... — read more
Joe?
Someone said Joe is gone? Is this true? Seems highly unlikely to me, he seems like one of the only good ones at that level.
New leaders do not know their own org structures
With the SVP changes today, both in the business & finance…. I can’t help but to ask myself, how are they deciding who is being let go? These shifts imply that the new leaders do not know their org structure…. Who is good/ who isn’t etc. All we can... — read more
This brings back memories
I truly have sympathy for you guys. I remember having the same experiences. I moved to Hidden Ridge five years ago and that level of stress surrounding RIF time is a distant memory for me now. Sure, I don't want to be laid off but I just don't... — read more
BREAKING:
Verizon
value to be spun off
Verizon to focus on Verizon brands
This site
What an s..t show this site is today.
15% 20% 30% Maybe all of them
Maybe people need to understand that one team could get hit at 30% and another at 15%. That doesn't make peoples posts a lie. It just means when they say 30% it may not be for everyone. Most Verizon employees have zero understanding of what goes on... — read more
Does Dan track his mood?
Remember this gem? https://finance.yahoo.com/video/verizon-ceo-reveals-tracks-mood-212918484.html
My Prediction, Gut Feeling Only
A bit more than 15% cuts across the board. Every team is affected. The total will be just shy of 20K. They will have another round in Q3 2026. The stock will go up. Our ability to grow revenue will go down. This is just my gut feeling, I am not... — read more
Hi, my name is and I’m addicted to layoff.com
And I’m realizing what a terrific waste of time it is. So much B-S floating around here. This whole Nancy Clark thing is prime example. I just have to realize I can’t control what I can’t control and have to wean myself off checking this site so... — read more
If the rumors turn out to be wrong, all the better
If some layoffs still happen, I just hope it won’t be as massive as everyone’s been expecting. I need this job. We all do. At least until things get better. Then we can decide to hate it, change it, or move on. Right now, it’s a total sh-tshow out... — read more
"Much of what has been reported is false and inaccurate" - Verizon
“We have nothing new to report and we cannot comment on online rumors and speculation, though much of what has been reported is false and inaccurate,” Spokesperson - Kevin Israel (Crisis Communications and Reputation Management at Verizon)
Drama movie
You all will be very disappointed very soon when you find out you are expecting a Drama Movie and the movie ends being a comedy....live on. There will be big changes and the normal EOY sheet cleaning but nothing extraordinary like you all falsely... — read more
This board got it semi right?
Nancy Clark is gone from Value but got a promotion. So 11/20 may be right but what part of it will be wrong? I’m thinking it may not be a bloodbath.
Nancy got new role: Fake news here
Someone is spreading fake news here. Nancy just got new meaty role. Stop spreading rumors if you do not know
They deny it
https://www.the-sun.com/money/15469725/verizon-denies-rumors-employee-layoffs-mass-closures/