Is not because of poor net adds or gained AI efficiencies but to finance the Frontier acquisition. Maybe if Lowell hadn’t squandered 10 billion on AOL and Yahoo we would all be enjoying this holiday season. Poor decisions by leadership with regards... — read more
Existing stock awards
If you do get RIFed, do you retain the stock awards you were already awarded?
State of the Economy: Recent Cuts
Looks like we are joining the list. Not sure how big the number will be but this looks bad: UPS: 48,000 employees Amazon: 30,000 employees Intel: 24,000 employees Nestle: 16,000 employees Accenture: 11,000 employees Ford: 11,000... — read more
Work slowdown
Is anyone working? Whats going on? Maybe I am on the list because work is slowing down. I am not getting many email messages from other internal people.
Hired a year ago out of college, been through 2 reorgs now this.
Didn't think I would have to be dealing with a shakeup this early in my career, needless to say pretty stressed watching this all go down without any real information getting through
Freedom Day
Nov 20. One way, or the other.
SHUT DOWN VERIZON VALUE!
Total drag on Verizon! Two V’s don’t make a W!
Dan - Man Up
Ive worked here long enough to sit thru at least 5 strategic shuffles, and I’ve never seen leadership this tight-lipped... All this while morale sinks sooo fast. Dan keeps talking about building a leaner company and bold changes, but all we get are... — read more
If all these leaders
If all these VP level leaders are getting Rif'd, then who decided which Sr Directors and ADs to Rif? If people were chosen for layoff before the VPs, then in many cases, the people deciding if you keep your job could very well not be good enough to... — read more
Let's go LEAN
Verizon plans to cut jobs as Dan pushes for a LEAN COMPANY. He said it... Employees in the Potomac region have already been offered voluntary separation packages which are listed on the local union’s website. Those interested need to apply before... — read more
this is bad
i’ve been reading about people being forced to train their replacements for at least a decade, but i never thought i’d end up working for a company that does it. when i started here a few years back it felt like there was a real culture of... — read more
Watch out for large Indirect take overs
Why are partners like Victra hiring a bunch of former Verizon people? Are they getting ready to take over more than just retail stores? Will they also be opening their own contact centers to manage the customers they activate and support? All... — read more
2026 Plans - Heads Up.
Can we agree that data centers will be be farmed out. Can we agree that customer facing jobs are safe, but only untill kiosk improvements are completed and we are looking at a wave of cuts there in Q2 of 2026. What am I missing?
Verizon: Executive Compensation
Here are numbers for 2024: Hans Vestberg – Former CEO – Total compensation: US$ 24.16 million Craig Silliman – Former EVP & President, Verizon Global Services – Total compensation: US$ 15.12 million Sowmyanarayan Sampath – EVP & Group... — read more
RIF List Confirmation
Now that the ranking lists have been submitted to HR and Legal, is there clarity on when VPs, AVPs, and SDs will receive confirmation of the impacted employees? Or is it simply understood that those identified as low performers will be RIFed?
Name confirmation
Regarding Ronita, I’m hearing that Finance leadership is actually calling band 6 employees to confirm it’s true. Who else is confirmed? Will any Sr Directors please comment on impacts at their level or what to expect next for band 6 and down?
PACT LNP Tier2
Getting prepped for resume building and job interviews. Months ago before Dan, my leader said we need to worry when upper management starts resume and interview prep talks come into play.
Won't happen again?
It's good to know there are 'laws' in place to prevent telecoms from doing this again. We know they have the best interest of the customer (shareholders) as their top 'priority'!... — read more
Too late to volunteer?
I'm wondering if it is too late to volunteer at this point? Too late? Lists at point of no return? I know not too many here have a crystal ball..but some may.
Job market is bleak
Please, somebody tell me they managed to get some offers because I'm starting to get genuinely depressed.
How many Switch locations will survive?
How many of these places do we expect to keep more than 1 person? Most of the Network Affecting work happens during the MW, most of the work can be contracted out or sent to other grps to run configurations. Will the switch techs just be there for... — read more
confitmation this morning
saw my SD in the hallway - she looked very upset. I asked her what's up and she pulled me into a room. She just learned she's out. Layoffs will be 20% across all bands, all BUs, all geos, all everything. SVPs, VPs, stores, GN&T, everything. Looks... — read more
What will happen to one's STI if they are RIF'd????
Given that we are at the latter part of the year, does anyone know if one's STI gets paid since we have already hit our goals committed for the year, even if that means a prorated rate, I don't know if that happened in previous RIFs around the same... — read more
Any idea how hard Russo's org is going to be hit with upcoming layoffs?
Seeing posts discussing some of the orgs and rumors of how hard they are going to be hit, wondering what it's looking like for GN&T
Lake Mary Office
Last post was deleted 😆 What's the scoop with that office?
Vacation Days Paid When Rif'd?
Just curious..... When you get laid off, does Verizon pay you for your banked time off or use it or lose it?
Boulben’s Org…
So if rumors are true, looks like Boulben’s org is being hit hard. Deservedly so. I counted at least 20 AVP’ers and above. Seriously? For an org that really drove us to a lot of the issues we’re having. Kept raising prices and a lot of questionable... — read more
Buyout, not riff
Buyout. No unemployment claims. No discrimination lawsuits. Improved morale for those who choose to stay. But then, this is Verizon so… Layoff. Unemployment claims across the board. Class action discrimination suits for each protected class (age... — read more
No communication from Sampath
Haven't heard from Sampath since announce of nee CEO. Is Sampath on his way out? If so, would guess to think big changes for VCG and possibly even Sampaths baby Case Management??
Leaders Linkdin posts
I find the posts on Linkdin by various leaders at Verizon, to be completely tone deaf. Fancy dinners, and trips to Paris. Sure, it might be work related, but its a real slap in the face to be living it up in luxury while your employees are... — read more
How much do you work as a lame duck employee (post-RIF)?
Say you get RIF'd on 11/20 and have to work until end of Dec. How productive are you expected to be during those final 3-4 weeks? If you had projects you were planning to finish before end of year, do you still complete those? How much effort do... — read more
If I get RIF'ed, will the companies I'm interviewing at find out?
Will my experience certificate mention this anywhere? Will the other companies find out I got RIF'ed via background checks? Or will I be asked to drop my papers, and it'll look like I resigned?
CEO Transparency is important- not just for moral but a show good leadership-
Why is this new CEO- opting to be so cryptic? He has a company with highly talented employees wearing a dozen hats each. They all deserve at this point, to know what the new game plan is- Every Verizon employee has been digging in, trying their best... — read more
If the rumors are correct, Verizon’s 'bold' new direction may apparently include mass layoffs
Android Authority (link below) Rumors suggest Verizon will announce layoffs and store closures around November 20, though details remain unconfirmed. The company reportedly plans to shut down less-profitable stores and cut staff across remaining... — read more
Revitalizing Verizon: A Call for Local Investment and True Leadership
As a dedicated employee with over two decades of service in Verizon's Global Technology Services (GTS), I've weathered countless layoffs and economic shifts, proving my commitment and resilience. I'm no benchwarmer—I've poured my energy into this... — read more
Value
Being spun off as a subsidiary, will make the books and share holder value increase. VBG to follow
RIF or VSP benefits?
Traditionally RIFd folks get 1 paycheck for every year they worked. Folks who took VSP got 3 weeks. Would be nice.