The "We Bought Your Clients, Goodbye to Your (VBG) People" Playbook

Guys, regarding the “so called” JV….its not!

Coming at it from a sales perspective BT have the client footprint, better infrastructure and most significantly, staff costs are significantly lower than Verizon’s

There are very few instances where Verizon has deeper client facing relationships in EMEA….especially in their own backyard (UK).

The Verizon Sales/Sales Managers/Sales Directors in are particularly vulnerable as BT run a tight ship with grading/remuneration. Just do the maths…this is all about efficiency.

Check what BT pay your role online…you will be shocked…they won’t have two pay scales…and everyone at BT isn’t getting a rise!

The support people will be retained in line with the one year commitment to avoid disruption to clients. This also allows sufficient time for Verizon clients, many of which were sold solutions that couldn’t be delivered/supported, to be standardised.

I am sorry to be bearer of bad news but you really should be updating your CV’’s…don’t be fooled…this re-badging ends badly for Verizon.

Show Verizon the same loyalty they have shown you… make the move now….before the decision is taken out of your hands.

#EmployeeRelations #JobSearch #JobSecurity #Layoffs

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To add, the Sales message is that we are no longer chasing new business and are just focusing on keeping the customers we already have. This makes sense if your going to close down VZ systems and processes.
Seems to be a real fear that the actual amount we will have to pay BT is going to be higher than the $625m as customers are leaving and those staying are at lower prices.

As the guy wrote before me - this really shouldn't be surprising.

Remember the "strategic partnership" with HCL? The $2 bn headlines proudly announcing business transformation and how everything is going to be great and automated? Complete and utter bollocks.
Check whete all the former V teamers ended up and ask VBG customers how the HCL support feels like. Dedicated VZ teams with decades of combined experience were replaced by folks taken off the street in India. How many contracts are being extended? And now international customers are learning it it didn't end there. How would you react to that as a CIO/CTO responsible for your corporate network?
Don't forget that VZ paid BT $625 million for the 50:50 stake at the JV. That should tell you something.

This shouldn’t be a surprise to anyone. We clearly will be moving the BT systems and processes as they are bringing most of the client base.
We will be kept around until we are no longer useful managing VZ legacy business.
We are clearly being gaslighted by the Execs saying this is a good thing for us….. how many of them are joining the JV 👀
Personally I’m sitting back just doing the minimum.
A lot of my peers are doing the same planning to coast for a max couple of years and get a pay off for retirement

Thread regarding Verizon Communications Inc. layoffs

The "We Bought Your Clients, Goodbye to Your (VBG) People" Playbook

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