#telecom

Does anyone know if Value of safe this time around? Value has been spared quite a few times since the TracFone acquisition….

The retail stores that are turning franchise are the following.

• Under performing year over year (all metrics, not just growth)

• overlapping/ redundant stores, including stores in congested markets (example, districts with stores within a 30 mile radius from each other)

• locations with upcoming expiring leases

• locations that have not been remodeled

• Mall locations (all)

The cuts outside of stores closing will be support channels, R2B reps/managers, Sr operations analysts, training, director consolidation, sr director consolidation, market presidents and VPs and their support teams (executive assistants, etc.) Retail stores with 3 assistant managers.

French raids carried out in Altice linked ‘corruption’ probe
By Martin Coyle
November 18, 2025, 2:45 PM GMT

European telecom giant Altice on Tuesday saw French prosecutors target 15 homes and 14 companies as part of an investigation into a “vast corruption scheme” connected to the company. French prosecutors...

https://www.youtube.com/watch?v=zV-bEhI2nNw

https://youtu.be/qQYRT0t7sI8?si=DzWDfhMDFaEeX9su

As the new CEO of Verizon, Dan Schulman will receive an annual base salary of $1.5 million, in addition to substantial performance-based bonuses and stock awards that could bring his total compensation to tens of millions of dollars.
His compensation package includes:
Base Salary: $1,500,000 per year.
Short-Term Incentive Plan: He is eligible for a target bonus opportunity equal to 250% of his base salary, based on performance.
Long-Term Equity Awards: Schulman will receive various stock awards, including restricted stock units (RSUs) and performance stock units (PSUs), with a potential value of up to $59.5 million depending on the company's future performance relative to its peers.
Schulman, who previously served as the CEO of PayPal, was appointed to lead Verizon in October 2025, taking over from the ousted Hans Vestberg. His contract runs through 2027.
For more detailed information, please refer to Verizon's official SEC filings regarding executive compensation.

(To the tune of: Mammas Don't Let Your Babies Grow Up to Be Cowboys)

Mammas, don't let your babies grow up to work for Big Red Don't let 'em pick networks or chase that 5G Make 'em be doctors and lawyers and such Mammas, don't let your babies grow up to work for VZ They'll never be home, and they'll always be stressed Even if they give you their all, they'll just cut you to be "lean"

(Verse 1) He'd bleed red and black, wore the polo with pride Believed in the network, felt good deep inside He missed kids' ballgames for "critical work" Now he's a "cost transformation," a shareholder perk.

(Chorus) 'Cause they'll get a new CEO from PayPal, you see Who talks about "culture" and "scrappy" He'll take a fifty-million-dollar bonus and then Cut fifteen thousand people just before the holidays again.

(Verse 2) He heard all the rumors, the "critical inflection" The talk about "synergy" and "cost correction" Then the call came on Thursday, "November the 20th" "We're making you 'leaner'," just a number, not a person.

(Chorus) 'Cause they'll get a new CEO from PayPal, you see Who talks about "culture" and "scrappy" He'll take a fifty-million-dollar bonus and then Cut fifteen thousand people just before the holidays again.

(Bridge) They'll say you're all "family" when they want your long hours But you're just a line item when they're in the glass towers They're losin' subscribers, so you'll pay the steep price While Dan Schulman's bonus is lookin' real nice.

(Verse 3) So Mammas, go tell 'em before they sign on That loyalty's a one-way street, and then it is gone They don't care about you, just the stock and the churn It's a "Home for the Holidays" lesson you'll learn.

(Outro Chorus) Yeah, they'll get a new CEO from PayPal, you see Who talks about "culture" and "scrappy" He'll take a fifty-million-dollar bonus and then Cut fifteen thousand people just before the holidays again.

Anyone else here feeling like this ? Just tell me already if I’m jobless. I got so much debt that the severance wouldn’t be enough. I’m SCARED. If I make it this round , once frontier deal is complete that just means more layoffs. A lot of Frontier and Verizon engineers would just overlap jobs so that means MORE CUTS

As a tech with a goal of going into network engineering, should I give up? I don’t want to be a tech forever but this is making me lose hope.

Someone posted an article on here once, it was so e kind of prediction of how VZ would play out over time and wonder if anyone knows what I'm talking about or has the link for the article. I wish I could remember more so this doesn't sound like a ridiculous request, but maybe someone will know what I'm talking about

What do Frontier employees have to say about Nick J?

RIF is coming. T-Mo using cover of VZ reductions to announce own RIF. Gunna be a bloodbath.

Go check it out. They are talking about us. And not in a bad way.

MINT MOBILE

Heard Jeff’s vest was in NJ today. Who’s got the T? What did he say?

https://www.reuters.com/business/verizon-cut-about-15000-jobs-wsj-reports-2025-11-13/

Uh oh...

thats when you know your company is run by id--ts and cares jack about the v-teamer

Most employees prob have an average of 3
Lines on their account. 15k layoffs equals losing -about 45k subscriber lines - and another bunch of home internet lines.

They see the news and now know nothing will get installed correctly lol

I even pointed out the obvious [on multiple occasions] to VZN via detailed feedback.

Oh well, my new carrier of the past year has been great and MUCH cheaper. VZN is yet another memory

What is the over/under Of Verizon getting out of the PS business all together just shifting all focus to wireless and broadband?

Verizon has a total of 100,000 US employees. Not all of the 100,000 are managers. So 15,000 manager jobs cut is more than 15%

Verizon plans to cut jobs as Dan pushes for a LEAN COMPANY. He said it... Employees in the Potomac region have already been offered voluntary separation packages which are listed on the local union’s website. Those interested need to apply before December 12 2025.... One of them said they were notified by email about a month ago and told to expect the package by mail... soooo the process began before Dan became CEO. If his goal for a leaner ops continues, more and more and more job cuts are expected next year.

Or do we not make enough money to be considered "cutting costs?"

First ATT has the left over timewarner so called leaders that made a bad decision got stock , bonuses and millions. Second many in power have less than I say 8 years but more like 5 years with ATT. Third they broke the foundation that made ATT work meaning the New bee executives to the point that Innovation is now creeping along because the hours from managers are now focused on 8hrs only. Fourth the BIG mistake was instead of hurting the company which they are doing likely listening to a consultant company on RTO( same as our executives going to a psychiatrist) follow their advise. Fifth MAKES sense newly hired 5 days and in a hub. Existing managers remain as they were especially if status has been for 20 years. Sixth and final do Hybrid 3 days office, 5 days remain for marketing and sales. Those at ATT handle break and fix and part of the guarantee flow a few days a month office……I think spot on, oh by the way just fire the ones everyone knows that have nothing to do and don’t use color, ethnic, or male/female/ confused as an excuse
Recently T-Mobile and Verizon booted their CEO is ours next?

Anyone left in Galway after recent layoffs?

What’s happening?

So Uniti lay off levels reaching a size to push Windstream employees to switch the online community group to a new URL subdomain is happening, time 2 upgrade the crew to a bigger, better telecom layoff group. Why complain to ex-co-workers with Uniti, when there are ample AT&T RIF'd doinks to gripe at. And Verison, and Frunteer, and Tmobile, and

Sincerely,

Another Ex-Circuit Jockey

Specifically in India - please share any info you may have.

Seeing lots post for greater VZ, wondering if there’s any rumors to those of us that survived the sale of INTL.

50% reduction, combined with VCG operations across the board

New Verizon CEO flags reasons why customers are leaving Amid its customer struggles, on Oct. 6, Verizon named Dan Schulman as the new CEO of the company, replacing Hans Vestberg. During an earnings call on Oct. 29, Schulman said that Verizon is "clearly falling short" of its potential. "We are not delivering the shareholder returns our investors expect," said Schulman. "Despite investing significantly in network leadership, we have not been able to translate that into winning in the market." He also said that there are four reasons why Verizon is losing customers: price increases, friction in the customer experience, negative value perception and intense competition in the telecom industry. Related: Verizon angers customers with new tactic to boost loyalty Schulman emphasized that Verizon needs to "aggressively transform" its culture and financial profile by being more "customer-centric and executing with financial discipline with a focus on shareholder value." He also admitted that recent price hikes were a bad idea.

Read more at: https://www.miamiherald.com/news/business/article312737229.html#storylink=cpy

When large companies start cutting jobs to protect profits, it doesn’t just affect their workforce, it impacts consumer spending, confidence, and entire communities. Moves like this from major players like Verizon only push us closer to a recession.

Big corporations may be tightening their belts, but it’s the everyday workers who end up paying the real price. Verizon always on the forefront of these big moves.

Many of us rely on discounted service plans but with a big population being laid off, make no mistake that they will leave this plan and go to a more affordable carrier.

All the performance managers, to marketsource.

Last week, a person wearing an AT&T uniform came to my door to promote a home plan.
After confirming he was authorized, I signed a contract for nine lines. That evening, when I received the electronic contract by email, I discovered numerous fraudulent activities.

The salesperson promised the following:
A total of $305 per month for nine lines, fixed for 36 months, free upgrades to the latest phones for all lines, and multiple stackable promotional credits.

In reality:

1.  The salesperson illegally added teacher and device discounts to each line. These discounts cannot actually pass identity verification later, which would cause a significant increase in the plan’s total cost.
2.  The salesperson claimed that any phone could be traded in for free toward a new one. In fact, devices valued under $230 are essentially worthless and have no trade-in value; any damage further reduces the value drastically. As a result, users’ old phones are taken for $0 trade-in value, while they must pay full price for the new devices.
3.  The salesperson promised multiple credits that AT&T does not officially offer, such as phone number transfer credits, loyal customer credits, and trade-in bonus credits. None of these appeared in the actual contract.
4.  The contract contains four different signatures, but I only signed one. The rest were forged by the salesperson, including the most important Right to Cancel Disclosure.
5.  The salesperson intentionally concealed the true billing details, preventing customers from noticing the real cause of price increases. They claimed that starting from the third month, the monthly fee would become cheaper and stable — which turned out to be completely false.

Overall scam logic:
The scheme works by using fake discounts to offer an unrealistically low plan price, enticing customers to trade in as many devices as possible, forging signatures to hide key contract terms, and then delaying communication until after the 3-day cancellation period and AT&T’s 14-day return policy expire. By the time the inflated bills arrive, the customer has already suffered irreversible financial losses.