Looking good with all that "Diversity" I mean "Incompetence" at the top.
Dividend Guy Here
Hey all you Vteamers can’t wait for my $5000 in dividend payments via my 401k tomorrow and or today depends when you are reading this. Thanks for making the dividend go up again !!!!! Yes the stock price goes down the dividend yield goes... — read more
Verizon on resume
I'm trying to find a job, and it's not at all easy to find a job now, but my experience tells me that VZ does not have any special value on a resume. That's why I find it interesting that some here claim that the company still has a good reputation... — read more
Verizon needs more innovation
It seems to me that the leadership is convinced that it is doing great things and therefore ignores the fact that this company urgently needs more innovation. This would include assessing existing business plans and aligning with external factors... — read more
Prepare for next time
Time to regroup. There will be other things on life so prepare for that eventuality. save 3-6 months of living expenses in case you have to job hunt. make sure that 3-6 months of expenses can cover COBRA for you and any dependents. use tuition... — read more
Believe your own eyes
I am a long term Verizon employee who applied for a job years ago because I truly believed it was the best carrier to work for, and for many years I continued to believe that. There have been many observe it with your own eyes situations where... — read more
RIF - IT Departments
We know about VBG and various Sales Teams. Does anyone have any information about IT? Is EUS safe? What about the Server and Storage teams? Is Network and the NOC safe? What about the Systems Engineering Teams? Out here, they 're not giving us any... — read more
OP&OO
Any thoughts on OP&OO? We are 8 months in the new structure and this was celebrated on the all hands call this week. Are we safe? Are we too big? Are cuts and reorgs all done for this area? What’s your thoughts on 2023…at least we feel safe for... — read more
Temporary stress
As hard as it is to accept, for me and I believe many others, this RIF was a much needed kick to find something better for ourselves. It will not be easy to find a job now, but it is comforting that we will finally take control of our careers... — read more
THIS WEBSITE IS CENSORING POSTS THAT CALLS OUT FALSE INFORMATION
This website is removing all the posts that calls out fake and misinformation about layoffs. They are worst than Communist countries.
Leadership unaffected?
Does anyone know of any Director level and above positions that were eliminated, or was 5V and above immune?
So VBG Got Whacked Today. VCG's Turn Will Be In February
That's my guess. Dump the business group people before the slow for them holiday season and get em off the books by the end of the year. Milk the VCG people for all they are worth during the busy for them holiday season and then dump them too after... — read more
This is how Pathetic we look next to Tmobile
T-Mobile said it added 854,000 postpaid phone subscribers vs. estimates of 739,000. In the third quarter, AT&T (T) added 708,000 phone subscribers while Verizon Communications (VZ) added... — read more
It's always the wrong ones who are forced to leave
It's amazing how the strategy & execution are failing, but the people (i.e. the failures) who lead the company are the ones that get to stay and keep failing. Meanwhile, the individual contributors (ICs) get axed... and probably the same ICs who... — read more
Coming soon, 1 SM only
Get ready to only have 1 lazy SM rather than two. Finally, VZ is about to save money with SM watching movies in the back rather than helping when the store is super busy.
Layoffs Today
Layoffs Today have begun
Who got RIFed today?
Curious VZ employee.. hey it’s October we know the deal.
TMobile the biggest winner for Q3
https://www.zacks.com/stock/news/1996885/will-higher-revenues-benefit-t-mobile-tmus-q3-earnings The company has more than 1.5 million Home Internet customers, positioning itself as the fastest-growing broadband provider for the third quarter in a... — read more
10/27 will come and go and be....
Pretty much just live 10/26 (Today). Very little will change tomorrow within Verizon. The one thing that needs to change will not happen, you can count in it too! And that would be the CEO of Verizon to step down. Short of a miracle, when we all... — read more
More Corp Stores going Indirect next year. Get Ready!
It's Verizon's biggest expense at this point, paying for rent and employees. So Vteamers get ready!
Performance-based RIFs
Some say that these RIFs will be based exclusively on performance, while others think that performance will not matter to a large extent this time. Thoughts?
The Swedish Chef Has To Go.
Kick Hans out with his gold parachute. Terrible vision! Didn't pivot hard enough with COVID. Mmw would of set us far and away pre COVID, but slow rollout hampered by trump restrictions on tech screwed that pooch. Couldn't even push cband out... — read more
Okay, so 10/27 and about 6k people...
Okay, so 10/27 and about 6k people. Any idea which groups will be impacted?
Hanzie Skeem
Low pay limits staffing and creates high turnover. Long wait times makes potential new line opportunities walk out the door. Experienced sales people are replaced with newbies. New sales people and low staffing allows missed opportunities. Team... — read more
Work - Work Balance
This company always preached work - life balance but lets discuss work-work balance My region (northeast) and primarily my district is just a constant beratement of negativity from the district manager. Its a daily what you are doing wrong, being... — read more
Every change makes things worse
The situation here is not nearly as bad as it could be, considering how poorly managed the company is. I am looking for a new job because I know in advance that any new change that our leadership makes will make things even worse. I absolutely do... — read more
This dude had a crystal ball!!
Check out this article, it's 000 loll pollfrom 2018, but it's spot on. https://www.inc.com/geoffrey-james/open-letter-to-44000-verizon-employees.html
What channels are being impacted by the upcoming RIFs?
Confirmed that HV acknowledged Q4 RIFs, but who's getting hit?
What's up w 2.3?
How did we go from 2.0 to 2.3 and what is 2.3 supposed to mean?
6 dollar stock!
What we are witnessing is Ericson 2.0, straight out of Hans playbook. Go back and see what he did to Ericson, he's doing the same to us, they finally kicked his crooked a-s out when the stock tanked to $6 a share, looks like we're headed for the... — read more
$35.35 stock. 11 year low
I have been telling you that "H" tore apart a once great company. We are a shell of our old self. We are not in a position to turn it around. Decisions were made to weaken our core workforce and infrastructure. Bigger disaster Ericsson or... — read more
VZ net add 8K - ATT net adds 708K.. Wow!
Wowwwwww please some one tell me the numbers are wrong… https://youtu.be/WHDrD6kW6RQ Look at this id--t’s face when she told him ATT had 708K new adds vs 8K from verizon. He couldn’t even say HE fk up and therefore he the only one to blame. It’s... — read more
Performing job duties not listed on job description
I expected that at some point I would be asked to do tasks not specifically outlined in my job description. However, it's already started to create a huge pressure on me and I really don't know what to do. Anyone else with a similar experience?... — read more
VZ Earnings what a Disaster!!!
Blockbuster incoming!!! Soon verizon will be the redbox 2.0 buy your phone at CVS or Walgreens. https://www.investors.com/news/technology/vz-stock-verizon-earnings-verizon-stock-wireless-subscribers/
A RIF that makes “Chainsaw” Al Dunlop blush?
Thanks to our pickled herring brain leader, it’s coming. Get your affairs in order.
Employee Burn Through Endgame
A recent article showed that Amazon has a turnover rate of about 150%. The internal analysis was that it costs the company $8 million a year. Moreover other articles have shown that Amazon may have burned through all potential employees in several... — read more
Vote of No Confidence
Seriously, as an employee and a shareholder how do we conduct a vote of no confidence for Hans and other VCG leaders? Clearly we can’t continue the course we’re on with our poor 3rd QTR results. Wall Street keeps telling us there’s a cancer in our... — read more