Is it a coincidence that as soon as Verizon partnered with these two Indian companies everything started getting much worse? Or am I being unfair?
Email Regarding Self Assessment
Has anyone received an email asking to put self assessment for year end 10/29 night arround 11:40pm and then got recalled 10/30? Is it a hint for something?
Hans
I'm so thankful Hans is gone. That dude was an embarrassment and ran VZ even further into the gutter. His DEI nonsense was not appreciated. He cried for George Floyd during an internal company webcast and THEN gave $1,000,000 to Al Sharpton's... — read more
Leaner? where?
I'd love to know how the heck we get any leaner out here in the CO's. Can't get the most basic stuff needed for years, and covering an unrealistically large geographical area ALONE when on OT. My suggestion is to start the "leaner" process with the... — read more
Well…Dan has been honest but what about the others?
Finally some acknowledgment of what most employees already knew…things aren’t great and they need to change But…where’s the acknowledgment from the other leaders as they rapidly pivot to protect their own positions I can’t help but feel that some... — read more
Verizon Employees ("H-1B") Immigration Status??
Can Verizon afford to keep employees (not discussing VZ contractors) whom have H-1B Specialty Occupations eligibility? Forgone are the days of the minimal H-1B fees. With the new Sheriff in the Oval Office whereby raising the fee to $100k for... — read more
White Collar Jobs Disappearing
Analysts predict up to 500,000 white-collar software jobs could be lost in the next few years, mostly among mid-level employees: https://www.thestreet.com/employment/white-collar-workers-should-worry-about-this-concerning-trend AI and... — read more
Is PiP culture coming to Verizon?
Post Dan's speech today, one gets the distinct impression that some version of Amazon's PiP culture coming to VZ. Maybe a 6% URA number to keep everyone on their toes?
“Simpler, Leaner, Scrappier”
“This will be a new way of life for us.” CEO To those who pay the price for this new model, I am truly sorry. Don’t give more to this God forsaken company than it is going to give back to you. Sometimes you have to stop at ask, is what you are... — read more
How about RTO after his “speech”
After that disastrous, blunt, outlook-vision, do we need to bother going in ? Why bother? Who cares about RTO
140
Working at In-House agency 140 in NYC. Been hearing layoff rumors for years now. Have a feel it this will be it.
Who puts in the hit?
Who creates the list who goes? Lvl 7. So is it my boss, or director, or sr Dr?
A.I. Results for who to lay off (copy and paste)
As Dan said " you can find the answers on ChatGPT" Excellent and very relevant question — especially given where telecoms like Verizon, AT&T, and T-Mobile are right now: mature networks, flattening subscriber growth, heavy debt loads, and Wall... — read more
In for one he-l of a ride?
Dan Schulman sure put himself out there. Verizon must cut Billions out of the company and streamline the way we do things to fund a complete and total makeover of the company. He states that layoffs will be part of the coming change. He then states... — read more
VCG All Hands Cancelled
Sampath cancelled the VCG All hands meeting for next week. Is he on the way out?
Verizon CEO Dan Schulman calls for 'full reboot'
In a research note, MoffettNathanson analyst Craig Moffett said Schulman "described a shift towards being a customer-centric company, with the 'best value proposition' in the market. There is a clear focus on subscriber metrics. He called it a 'full... — read more
Layoffs
I’m pretty anxious about the upcoming layoffs. Especially if they are before the new year. My wife and I are expecting a baby soon and are heavily reliant on our insurance currently. Insert panic here.
I’m getting desperate here
I’ve been trying to find another job for months, but I rarely come across a posting that’s even real, let alone get an interview. All this talk about upcoming layoffs is making me extremely anxious. I’m terrified of losing my job and being out of... — read more
Leaner!!!!
I hope he Axes VPs and high ups, those money su-king actors. They are the axis of all evil. They don’t know anything about the frontlines and the struggle. They come in to take pictures and F off. Get rid of them!!!
Create AI center of Excellence
Dan is big proponent of AI. We need to create a of excellence for AI. Whoever is going to win AI war is going to be the next leader in this space.
This all leads back to Lowell
Lowell got rid of everybody around here that knew anything he just wanted a bunch of yes men and hatchet men. You could see this coming a mile away when the management catch phrase became" I don't need to know your job to be your manager."They... — read more
Nov 20 probably will turn out to be true
Dan said in another 22 days they will have the plan which will be 44days him being a ceo, so who ever said nov 20 they will probably turn out to be true
Earnings webcast
Well, that was a sobering speech from the CEO. Good luck to everyone!!!
Schulman and Skiadis helped create our downfall
Dan was head of the board of directors while we were losing market share. He nodded yes on all of it and let Hans run us into the ground. Tony was the CFO during this too. But we pay them millions now to fix what they caused haha. Only Verizon... — read more
It'll happen when it happens
Every day there's somebody saying it's happening tomorrow. Until we have official word, stop worrying and get to looking for something else. Whether you're laid off or not this round, there's always going to be the next one. The only useful thing to... — read more
Message to Dan and Board
Want a change in public perception? Take bold risks and reverse course from what has transpired from 2016 to now. 1) Take advantage of these commercial real estate discounts. Let's buy small offices in our Top 50 markets. Have a space for all of... — read more
Dan says Customer Care have failed?
I’m guessing the VEC isn’t the answer to everything then. HCL appears to have been a disastrous strategic move, or at least very poorly executed. It just feels like that whole area needs to be completely changed around so it finally puts the customer... — read more
Is there any company in history that has boosted its stock price, maintained a significant dividend and aggressively cut costs at the same time?
Seems like 3 mutually exclusive aims but maybe I’m wrong
Level 6 and above?
I heard they will target higher ups, level 6 and above. Can anyone confirm?
How much control your leader has when it comes to Rif?
I want to understand how much control a Sr director or above has when it comes to saving their favorites over people who actually work? I know atleast 5 people in my org who got hired because they are related to so and so leader in one way or... — read more
Sc--wed if you are riffed now and even more sc--wed if you are riffed later
A point I never see get made is how frustrating it is to deal with an even worse job market just because you worked hard. Yes, I might survive the next rif, or maybe the next two, but three rifs from now there will be so many unemployed white collar... — read more
Package
What does the package normally consist of? I’ve heard rumors of 2 weeks per year of service. STI Cobra insurance. I can’t change what’s happening but I can plan.
SMB Challenges? This Leadership Team Is Destroying the Org
Things have been going downhill fast since Aimee left — and it’s obvious. The new leadership team, all the way up to the VP level, has completely changed the culture. People are getting singled out, spoken to disrespectfully, and treated like they... — read more
Location Strategy Updates?
Has anyone heard anything about the "location strategy" they mentioned at the end of July? The Tulsa office still hasn't heard anything and it's been 3 months.
Value Redundant
Operations being rolled into VCG, 50% staff reduction incoming.
Barron's: Schulman is
"[Schulman is] facing an uphill battle to revive the faltering stock." Schulman also promises to be "fiscally responsible". Wow.
Twenty-two days
So we’re supposed to sit here for twenty-two days, wondering if we still have jobs. Twenty-two days of stress, rumors, and sleepless nights. It’s unbelievable how inhumane this process is. They could have given us a week’s notice, even a few days... — read more