Was reading about VZ's new CEO and his outlook for the company... what are the thoughts on where we will land?
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Indian is controlling Wellsfargo
Especially Technology. AI (All Indian) Company.
RTO 5/0 announcement @Global NTM
Happening Wednesday. Su-ks for sure.
MPI
What do you think about the email?
Hitting tomorrow
Big layoffs hitting tomorrow unfortunately
Job postings
So, since around Dan's epic 3Q webcast (where he actually didn't even discuss 3Q), the only positions posted have been retail, and maybe just a couple random others.
I realize there's a freeze and likely the reason, but I'm still surprised to see they've stopped posting for our international territories, also
The other thing is some people here are talking about retail getting axed, but given there's about 20 retail job postings each day, I think that's pretty far off.
Thoughts?
manager's going out on dissability inorder not to be on the Riff list
VZ cannot put you on the list if your out on dissability..lol just some info
Major Reorg coming, C-Suite working through 10% workforce cuts.
Brace yourselves, its imminent and before the end of the year.
Leadership cashing out?
Thoughts on new lp?
Timeline for HOU move ?
I heard some teams will know this week/next, and others not til later.. I’m very stressed, can anyone pls give a heads up of when they expect us San Ramon people to move ? Thank you!!
Tech layoffs
Some DPAIO folks are gone as of today. At least one VP and one SVP included. Is this part of a larger RIF this week?
EVP & SVPs are going to be axed?
Someone talking about few key well known leaders are going to let go. Anyone knows more about it. Big guys names are in the talk. Share or if you hear anything about it.
Amazon Kiosks
Is it true Whole Foods is adding in conventional products? using old space were cafes use to be? If so what a move! Get your pepsi and organic quinoa all in one space.
The race to offshore America!
Job offshoring in the country is gaining momentum at an unprecedented pace. Major companies are making headlines that show it’s no longer confined to lower-level positions — middle and upper management roles are now being transferred to India as well. A striking irony: those who once designed and championed the offshoring strategy may soon find themselves among its casualties. (Some may feel gleeful at that thought.)
How do you stop it? A lot would need to change, but one thing is certain, the leadership that implements this will go down in history as saving society.
How long will the layoffs last?
I heard it could go on for at least ten more days. No other details, though. And there are so many rumors flying around, it’s hard to tell which ones make any sense.
LIES
This group is closer to penny wize, dollar foolish than most. Here's why. Remember all the times BH mentioned de-layering and reducing decision making authority? The exact opposite is true. I know this as I look at the list of job grades of those recently axed. Nothing higher than manager and overall average job grade let go is 9. At the same time we (they) mint more VP's. The consistent and frequent additions to the "C" suite ONLY increases beaurocrocy, time and effort to approve low $, low risk investments. Lastly, the severance for these folks was drastically REDUCED compared to previous January layoff. The thing about boiling frogs is, they all end up cooked. Demand leaders with integrity, not these imposters.
That “communications” email
Whoever wrote it thought they were really doing something.
The Townhall
Here's what will be said at the town hall:
- The company is performing very well due to BT.
- All employees are fully embracing BT.
- Asinine questions from shills planted in the audience
- Few if any real questions will be addressed
- Go-Go will say "full speed ahead".
401k change?
Did they announce a change?
Everyday Solution Cards
Did the launch of the Everyday Solutions cards flop? Why are they pushing hard for associates to sign up for exclusive offers but I don’t see anything exclusive about the offers? They all seem pretty basic and not worth it.
Dying for a Paycheck
Has anyone read this book? All Intel employees should.
https://www.gsb.stanford.edu/faculty-research/books/dying-paycheck
Can we start
The bickering between EQT elites and Zayo has beens now? Oh yeah, and the New Crown leftovers?
Timber! Goes Centene stock price
The company absolutely went down hill after Michael F. Neidorff died. The executives decided to save a little money and offshore to the Philippines. Guess what Centene. Americans don't like talking to foreigners.! We get sc--wed on jobs from H1B's and the companies offshore jobs elsewhere. it cost you your Medicare business and stock price.
Any predictions on today’s partnership call?
Today we have a “there’s power in partnership firmwide broadcast.”
What do we think this will be about?
Best guesses and snarky speculation will be accepted
Running for the low hanging fruit
Nothing seems to have a good captaincy anymore. Sailors are shaking the boat. In Visa domain knowledge and love for systems is not rewarded anymore. New direction is looking at easy points. Share prices stumbling. Old people are let go. Maybe if there's any small indication, it is right time to part.
Q4 will be worse
Layoffs will be bigger than the 15% wave a year ago. The goodwill write down will be in excess of 1 billion, and that will lower the EV and push Debt to Equity to over 1000%. Access to debt markets will effectively cease, and vendors that aren't getting paid in a timely fashion will Dun XRX. Also, the fact that the patent sale hasn't produced any dollar amounts, or hype from SB, means it is probably a terrible deal. Those patents are part of the EV of XRX and will further degrade the value of the company on the next call.
Vocal Fry 2.0 places and spaces
https://www.instagram.com/fordcareers/reel/DQmmXhIgDwK/?hl=en
December Compensation review
Does anyone have any information about what was going to happen in December with compensation? The messaging we got was that it is just a salary update for some people but not for everyone. Initially we had thought it would be across the board.
Pulse experience?
Have heard of a crash in Pulse participation… anybody seen this?
Earnings call?
What did Bob say? I only caught the end of his comments, but they didn't sound good.
Layoffs before the TSYS people come in?
Hello everyone,
Did anyone hear anything about planned layoffs for the people joining from TSYS?
Target Is Acting Like A Company Preparing For Acquisition
From a former Target executive
https://www.forbes.com/sites/christopherwalton/2025/11/03/target-is-acting-like-a-company-preparing-for-acquisition/
Way too much management above 3rd level
And clueless management to boot!
Smoke and Mirrors
Big companies are laying off and repositioning themselves to run more like a start up. Why? Because everyone has AI FOMO! Everywhere you look billions are being invested in AI. The work force is getting trimmed before companies understand whether or not AI can deliver on all that it's developers promise. Sending all your employees the message that they need to worry about their employment just days into your new position is not the definition of leadership. This is not how you build a winning team. The posts on this board are a reflection of Dan's leadership. You have yet to share the substance of your vision on just how Verizon will pivot. All you have accomplished so far is the demoralization of the work force. You are getting off to a very disappointing start.
Now we have new sales targets
Now a new sales target tier has been unleashed. It starts at one million and Ends at seven miiion we already had sales tiers before
This is the new company making up new things. Even if they existed