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

1,500,000 Base Pay $3,825,000 Bonus + Non-EquityIncentive Comp $5,325,000 Total Cash Comp $14,500,057 Stock Award Value $14,500,057 Total Equity $517,814 Total Other $20,342,871 Total Compensation So, He was given a $14,500,057 Stock Award Value. ... — read more 

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

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 

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 

Reps are being harassed at all levels for NOT printing quotes and adding VZ Home to it. Not sure if its going on in stares like Cali & Northeast market, but its highly corrupt & managers are threatening to give write ups if they dont follow these... — read more 

Is it worth the extra hours……..

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 .

Hans, your stay at Verizon is both unwelcome and undignified. You have now damaged your second corporation, impacting thousands of lives on two different sides of the world. Maybe you should consider permanent, corporate retirement. You must have... — read more 

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 

1 + 1 =0 Get cheap + outsource = poor results

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.

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 

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

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 

Hans get out now!!!!

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 

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 

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 

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 

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 

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 

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 

Does anyone know when the Basking Ridge site layoffs start? Will it be in Oct/Nov or starting next year?

That's the easiest way to cut costs and it's been the crutch of this leadership for years. Don't expect to see that change any time soon. Unless a miracle happens and the entire ELT is replaced with competent people who know what they're doing. I'm... — read more 

From what I heard and seen today just reconfirms how disconnected DM's and above are. The goals they were expecting everyone to hit was asinine. I live in the real world. No one cares about apple launch anymore. People are hurting cash flow wise. It... — read more 

I believe that those at the top do not understand the importance of customer trust and how difficult it is to regain once lost. Terrible mismanagement.

Q3 is about to end very soon and verizon stock does not look really good..... Indirect stores coming very soon!!!

Any information on the next round of Corporate Layoffs?

In Hans bio it says that he wanted to become a professional handball player… Here in the U.S it’s known as pocket pool.

VZ lacks vision. If we had a vision maybe we could execute it. This is a total failure of the leadership team.

Maybe my experience is different than yours, but I really don't have the feeling that the manager is trying to encourage people to leave. Moreover, I would say that he is trying in every way to stop attrition. Just out of curiosity, in what ways... — read more 

So anybody else getting a-s ridden by the powers that be to sell Verizon Home. The ONLY way to sell this is to slam it, I ( or anybody in my store for that matter ) has ever had 1 customer see any value in this, it's a horrible product, not to... — read more 

Unprofitable customers High turnover in employees and customers Non working provisioning system Insecure website that was hacked with millions of account info stolen Overseas employees that cannot resolve any issues Did I miss anything? — read more 

The Wizards of Ver Oz n need to come out from behind the curtain and get back to work. Even their handlers from blackrock have ordered their employees back to the office. The only thing that needs Viewed Together is how low the stock has dropped. I... — read more 

It's all over the news. New leader in wireless. Tmobile stock is greatly outperforming. Hans needs out. Hes too woke. Our 401k is disappearing!!

Verizon Wireless Delayed 401k payments during off cycle paychecks. This mostly happened during off cycle commission checks. It’s a small amount to the person getting it but adds up to a lot when combined with everyone’s payout. The scheme falls... — read more 

So saw a post back asking so decided to add a new thread: Still surprised no one else noticed during off cycle pay (commission checks) that 401k deposits were delayed until the next payout. At least when people were getting commissions. Since it... — read more 

With decent severance, I wouldn't complain one bit if I was laid off. I don't know why so many people are upset or worried. At this point, any other company is better than Verizon. If you're laid off, you get paid to look for a better job. How is... — read more