Topics regarding layoffs at Verizon Wireless

Topics regarding layoffs at Verizon Wireless

$35.94

Thank you C-Suite and the Board. You are priceless !

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| 970 views | | 3 replies (last October 13, 2022)
Post ID: @OP+1jaCA389

Golden Parachute

Can we vote that if the stock isn't above $60.00 Hans doesn't get his golden parachute?

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| 960 views | | 4 replies (last October 15, 2022)
Post ID: @OP+1j9DXrPU

Whether the rumors are true or not...

My personal opinion is that cuts are inevitable. Does anyone think otherwise? I am not saying with certainty that there will be cuts, nor do I want to raise panic, but I just think that they are inevitable because the company is in a bad situation... — read more 

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| 2550 views | | 9 replies (last October 12, 2022)
Post ID: @OP+1j9Y5vHx

$36.62

Thanks Tami, Thanks Hans! Thank you all leadership for all you have done.

RIFs and closures

VBG is going to have a massive RIF this week. As much as 25% of teams and orgs will be laid off. Hidden Ridge in TX is being sold off and closed within the next 6 months. Also some retail stores will be closing

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| 3120 views | | 9 replies (last October 14, 2022)
Post ID: @OP+1j8mCkZS

Somethings up

Manager cancelled our morning meeting, and Director cancelled our 3pm market call. I'm not sure what, but it seems like something is up. Reached out to my peers in the West, their team call was cancelled as well. Lastly I checked MP,Director,and VP... — read more 

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| 3310 views | | 9 replies (last October 12, 2022)
Post ID: @OP+1j8ErqfQ

PULSE & RIFs - Confidential? I wouldn't do it

Interesting that the Pulse survey is launching on 10/17 and RIFs are rumored for 10/27. So it can either be that they want people to be afraid to be honest with feedback for fear of losing their job so the scores will be high. Or they want to see... — read more 

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| 2080 views | | 8 replies (last October 13, 2022)
Post ID: @OP+1j8flmpf

Business Representatives Make Too Much

Business representatives make way too much. Front line workers are expected to do the work and close the business down in store, for a measly commission check; however the money gets funneled into the business reps pockets for the sales we made. I... — read more 

Tanking for Chute

Is there a way to get HV outta here? It'll probably require someones password because its a high risk transaction but he really needs to take his parachute and leave. High risk high reward.

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| 1290 views | | 3 replies (last October 10, 2022)
Post ID: @OP+1j6f4mCK

VZ $36 Stock incoming.....

Looks like Verizon is not doing very well. This should be a wake-up call for everyone at the WOKE HQ to stop doing those stupid videos and get back to work. This is not good for 4Q and the numbers probably are going to be really bad bringing the... — read more 

R2B Reps no longer making money!!

We have reps not making a check for months just their hourly... Verizon the new Blockbuster coming soon! PS Switch to Visible or the new prepay service Hans skinny pants were just bragging about days ago.

Vbg cuts

What positions are being cut? R2b? B2B? Seems strange that they would cut the channel that actually has net gains

Verizon Earning Oct 21 - 2022

Stock price as of now $38 wow!!! I hope Hans will be wearing bigger pants and socks to give the news of how horrible we are doing although He keeps getting paid like nothing is happening! Good luck Vteamers!

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| 1130 views | | 4 replies (last October 7, 2022)
Post ID: @OP+1j4R65Dl

Network

Anyone else sick of trying to come up with lies to tell customers as to why our network now sucks?? I'm so sick of spending 8 hrs a day acting surprised every time a customer says they are dropping calls constantly, bi-----g about the fact that they... — read more 

Incentives

Hey Ive been working here about a year now and just curious, what's my incentive to work hard for this company? Does anyone know? Because I am having a difficult time figuring it out.

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| 1410 views | | 8 replies (last October 7, 2022)
Post ID: @OP+1j3z9p0J

Dividend yield is currently at 6.66%

Hans, Thanks to you doing so bad the dividend yield as of today is at 6.66 % While the dividend is great the lowering of the overall stock price is a direct reflection of you and your teams TERRIBLE leadership. I’m sure you are happy that the... — read more 

VCG Home for the Holidays thread

VBG timeline is communication by 10-27; estimated up to 25% in some areas (from VZ Communications layoff area). What are people hearing for VCG? Areas Numbers or % Timeline

High Risk Transaction?

Any one else see the high risk transaction screen with every sale? What's the purpose for this added extra step to our transactions?

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| 1010 views | | 1 reply (October 8, 2022)
Post ID: @OP+1j3X6VYq

It feels like the company is losing its direction

Of course, this is noting new. I think that this place has lost its direction long time ago. Why? This could be a long discussion but the question that remains is whether the company will manage to get back on track, because it is obvious that the... — read more 

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| 1460 views | | 8 replies (last October 11, 2022)
Post ID: @OP+1j2K0TcZ

Switching off 5G?

Is anyone else turning off 5G on their Verizon devices and reverting to 4G? My son and some of his high school friends do this because they find the device works better. Not a good omen for monetized adoption of 5G. Is this just growing pains with... — read more 

No severance! Stop asking !!

Im tired of all these “do you think we would get severance??” post. Please STOP Verizon will NOT give out any severance at all, you have a higher chance of getting written up for not selling 5G than a severance package .

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| 1740 views | | 9 replies (last October 1, 2022)
Post ID: @OP+1iXO0nPc

We went from $45 to $42 to $40 and now $38 RIP

The next earnings for Vteamers won't be that happy news!!! Hopefully, Hans is working on his English Pronunciation so we can understand him saying he is leaving Verizon because he is worthless and soon could become the next Ericcson. Unless you... — read more 

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| 1870 views | | 8 replies (last October 5, 2022)
Post ID: @OP+1iUVR3k4

Who is ready for the set up fee pushback ?

It will clog up the store even more with everyone doing set ups. The boomers will complain but will still pay the fee. Hope you plan on hiring more or bringing those quotas way down.

want to get promoted to DM?

If you want to get promoted to DM all you have to do is go run a high volume store and lose over $5k in inventory, go out on leave let your ASM's take the fall for you by them getting Finals when you were the one who gave them direction to lie on the... — read more 

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| 2510 views | | 7 replies (last October 4, 2022)
Post ID: @OP+1iQ5uuh7

Severance

If they would just offer it to any of the 10+ or 15+ year employees in retail many would take it and be off your books. Win-win

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| 1720 views | | 10 replies (last September 22, 2022)
Post ID: @OP+1iPOmPBC

Stock Price reflecting what we already knew.

Anyone that works here knows it was just a matter of time until our customers fired us. Titantic Arrogance and Ignorant/Incompetent Leadership on display as the curtain is finally pulled back. The rats can't run and hide and the board should be... — read more 

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| 1260 views | | 3 replies (last September 22, 2022)
Post ID: @OP+1iP0AR80

Total by Verizon?

What is the logic there? It is clear that Hans, Manon, and KB are imposters who lack a real plan to generate new revenue streams in the US telecom market. This new brand is merely replicating Visible and Tracfone. When has duplicating costs to... — read more 

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| 1360 views | | 5 replies (last September 22, 2022)
Post ID: @OP+1iP1sulB

They do not keep an eye on competitors closely enough

The question is whether the leadership here is even interested in what the competition is doing? I believe that every real leader would be worried if they noticed that customers are starting to increasingly prefer the services offered by... — read more 

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| 1230 views | | 5 replies (last September 21, 2022)
Post ID: @OP+1iOdGBML

How was your Apple Launch? Share with us

iPhone 14 is not going to make huge numbers at all. Maybe for a customer with iPhone X or iPhone 8 but for those with iPhone 13 and 36months of finance not a good idea to upgrade as they have to come out of pocket taxes plus the other 6 months left... — read more 

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| 2130 views | | 5 replies (last September 21, 2022)
Post ID: @OP+1iNihTCQ

The problem with layoffs here

Hey guys. layoffs are a net benefit because they're what enables rebalancing departments in a competitive environment. The problem with Verizon's layoffs becomes apparent when they are reactive for budgetary reasons. This isn't changing direction... — read more 

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| 1420 views | | 3 replies (last September 20, 2022)
Post ID: @OP+1iNEwOxX

Verizon Stock about go under $40

Verizon is a very big big ho-e!!! Hans skinny jeans please leave, Vteamers no longer believe you are doing great for the company. Our billing systems, Suck! (3 years trying to fix POS2.0) Customer service, Sucks! (India is horrible) Tech support... — read more 

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| 1180 views | | 5 replies (last September 20, 2022)
Post ID: @OP+1iNv60pS

Inflation must not be real

Does leadership live in a bubble. The customers are coming to try and save money and we are supposed to quote them with new lines and insurance so instead they opt for the transfer pin in the end. If I can’t sell it, my mgr comes in and can’t sell... — read more 

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| 1320 views | | 8 replies (last September 21, 2022)
Post ID: @OP+1iNoeZ7A

Headcount and staffing issues , nobody cares

In the retail stores it’s been the same challenge for the past two years. They keep stressing us out and molding everyone into working harder with more responsibilities so they can justify not hiring or increasing headcount. Unfortunately I was never... — read more 

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| 1710 views | | 13 replies (last September 23, 2022)
Post ID: @OP+1iN8XPVE

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