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Commonwealth Staff Reductions Announced

Commonwealth has recently implemented layoffs affecting its home office staff. These workforce reductions are occurring in anticipation of the company's conversion to LPL. Affected employees are expected to remain in their positions through the end of 2026. The article does not specify the exact number of employees impacted by these layoffs. Further details regarding the conversion process are also not provided.

https://citywire.com/pro-buyer/news/exclusive-commonwealth-lays-off-home-office-staffers-ahead-of-lpl-conversion/a2494349

#Company #EmployeeRelations #Layoffs #WorkforceReduction

Verizon Sells Stores, Cuts Staff

Verizon is selling 274 retail locations as part of a restructuring effort. This move will also result in the layoff of approximately 500 corporate employees. These actions are expected to impact around 3,000 retail and corporate staff in total. Following the sale, Verizon will retain ownership of 1,000 stores. This follows previous job cuts announced by the company.

https://finance.yahoo.com/markets/stocks/articles/verizon-shed-274-stores-lay-160739807.html

#Company #Layoff #Layoffs #Restructuring

Evicore folks

Are we getting out now or riding it out and seeing what happens? Trying to decide if it’s better to jump ship now or wait and see if they clear house if/ when we are sold… maybe can get a severance that way but then will be competing with others looking for jobs at the same time

#Company #Exit #JobSecurity #Layoffs #Severance

RTO Question

Not sure where else to ask this, so will do it here. Curious what RTO looks like for different groups across T-Mo. I have a feeling it is not being applied consistently across different organizations. If you reply, please state days per week you are required to be in the office and what organization you are in.

#Company #Culture #Office #RTO #RemoteWork

Arvind announced his retirement

Now that I have your attention..,

IBM CEO Arvind Krishna tries to run a tight ship, but his legacy is famously marked by aggressive restructuring, massive stock plunges, and replacing human brains with AI.

Oh, Arvind Krishna sat in his chair,
With billions to make and a plan to prepare.
"Let’s fire some humans!" the CEO cried,"
And sweep our old mainframes all to the side!"

He gazed at the servers, the cloud, and the code,
While trimming the headcount along the dark road.
He aimed for the future with bright, shiny eyes,
But instead of a rocket, the stock took a dive!

He promised us Watson would cure every ill,
But the clients just yawned and refused the red pill.
When large deals all stalled at the end of the year,
He wrote us a letter confessing the fear:
“We failed to adapt, yes, we faltered quite fast,
And seventy billion just vanished at last!”

So here’s to the boss who replaced us with bots,
While hoarding his millions and tying in knots.
Just remember to breathe when your mainframe goes down,
And King Arvind smiles from his deep-learning crown.

#AI #Company #Layoffs #Leadership #Restructuring

Cold heartless pre-recorded message

This chick has this pre-recorded call at 8am with an email to get on this call at 745. Pre-recorded and just sounding so heartless and then click, call over in 5 minutes. 2 decades I've given to this company and it's all gone. No, thank you for everything you've done over the years, personalized by anyone. Just a default message like it's a voicemail. This fu--ing company has become so heartless.

#Company #EmployeeRelations #Feedback #Layoff #Morale

Does this make too much sense for T?

I think AT&T is looking at WFH completely backwards. Instead of fighting it, why not use it as a competitive advantage?

Why limit hiring to a few expensive hub cities when you could recruit the best talent anywhere in the country? Why spend billions on office space and new buildings when that money could be invested in the network, new technology, or staying ahead of the competition?

It also solves a huge problem for younger employees. Not everyone can afford to live near Dallas, Atlanta, or the other hub locations anymore. Housing prices have exploded. WFH gives people the chance to earn a good salary while living somewhere they can actually afford to buy a home and build a life.

Those salaries don’t disappear either. They get spent in small towns and local communities, supporting restaurants, contractors, coffee shops, and small businesses that otherwise wouldn’t see that economic activity.

I don’t see the downside of letting managers manage by results instead of ZIP code. Keep the jobs that truly need to be in the office in the office. Let everyone else work where they’re most productive. And if someone wants to come into the office five days a week, great. No one is stopping them.

To me, that’s a much smarter long-term strategy than spending billions on offices while trying to convince people that sitting in a building creates value. Especially for a global communications company whose business is built on connecting people from anywhere.

#Company #Culture #Innovation #Strategy