Some reports of rifs going on. If you were impacted or know someone who was, post here with title and territory
Live from Basking Ridge
I'm in the Ghost Town (aka Basking Ridge) 2x a week and it has been empty until recently. Tuesday is crowded but bec the place is so enormous, you only really know when you go to cafe between 12 and 2pm. The EY guys were there in January (Ernest and... — read more
So no layoffs tomorrow then?
Haven't heard much. 2/2 was the big rumor before and then people said if not 2/2 it would be 2/16 but I haven't heard anything. What do you think?
No Incentives to go above and beyond
So pretty much everyone in my group got the same BPI and obviously STI as well. So it doesn’t matter if you’re a low or top performer. Makes sense now why I see some talented people here do the the bear minimum.
And still they give raises
I spoke to someone who survived the most recent layoff and he said he had his biggest raise in years. You’re welcome
What is Next for Indirect Account Managers?
And when? This position has felt expendable for a while. Anyone have any insight as to what will happen for this position and when? I saw a post a couple weeks ago about going vertical per agent with no nationals. Haven’t seen or heard anything... — read more
>> Stakeholders. Hm.
Well that didnt last long. Employees are no longer considered stakeholders. Freudian uptospeed slip. Surprise!
What’s the Word on Layoffs This Week
Anyone seeing odd meetings, having different expectations set, any inside info on if anything will happen this week? If so, please post here
Layoffs and Termination
I worked for Verizon for over a decade and saw a friend of mine get terminated for violating code of conduct act during the layoffs. It’s interesting how they said it was standard however I’ve seen other team members receiving written warnings for... — read more
Communication Sheets
For BPI and STI should be out to managers by EOD on Monday. This is according to a reliable source for at least my group. I suppose HR staff supporting other groups may be slower, but I don't expect that to be the case. Good luck, everybody.
Censored?
Anyone notice any posts missing today? I swear I saw two different posts from earlier today that criticized keeping the offshore / outsource teams. The are now both gone. Was curious to see the comments but I guess they were on point and they were... — read more
STI 87%
Did they eliminate the Business Unit specific modifiers for this year (2022 payout)? How can they change the goals after we worked towards them all year?
Feb 16 has high chance of being the day
It aligns well with the schedule and required notice before end of Q1. It allows for comms on 2022 to be completed for all impacted parties. Org announcements delayed until after that date apparently furthering strengthening that day as the day. I... — read more
If STI numbers come out on the 13th
Why do we have to wait the 23rd to hear anything? They even suppress the paycheck notification. What happened to the business unit results?
BPI/STI
Did you get your notice? How much $$$ did you get?
Does Verizon have a policy on hiring their own retires? I was wondering if I could go back for a few years.
I see my old job posted and thinking I might like to apply. I retired last year. Thanks
Any updates on STI payouts and BPI
Have there been any updates on sti payouts I’ve seen 75-85% reported but haven’t heard anything else also assuming BPI will be in the 2-3% range not enough to cover inflation.
I'd rather stay
Verizon has many issues, but I believe that most employees would rather leave voluntarily when they find a better opportunity than be laid off. Just my guess. However, is there any way to reduce the likelihood of being placed on the layoff list? Does... — read more
It's embarrassing to work here.
I once told an acquaintance where I worked and I could swear that he forced himself not to smile, like he was about to laugh in my face. What am I, a court jester? How did we become such a laughing stock? What a mess this company is.
VSP rumors???
Rumor mill is stating employees in some departments that had 15 years or more were pulled in and offered VSP??? Are these rumors or truth?
Do you guys also get anxiety from worrying about if you are going to get fired or not?
I've been getting it really bad lately. I see some people laughing and saying they hope it's them. But not me. I have a family. I don't want to lose my job.
Layoffs Did Happen
Layoffs did happen. Don't know the scope but we lost a few people on our team in the US on the wireline Net Ops side.
Get used to it or leave
Someone asked an excellent question - is it really that important which day the layoffs will happen? Even if I am not impacted soon, I am well aware that this does not mean that I can breathe easily because layoffs are a constant threat here and you... — read more
Guess Impacts 2/16🤷♂️
Pretty quiet on here today. If layoffs were happening the board would have been blowing up around 8am EST but I’m not seeing anything. Still feel like something has to be coming. Maybe 2/16?
100% confirmed
No RIF on 2/2.
Dead weight!
As the workforce has shrunk, it's become apparent the dead weight. Much of this weight is easy to spot with countless & pointless calls throughout the day. Are you deadweight?
Next RIF
02/02 or 02/16?
Get on the RIF List Now!
Simply mark 1 for questions 1,2,3 in the pulse survey
Verizon admits to miscalculations on 5G, edge computing and private networks
Miscalculations are very costly to everyone but the executive leadership. They are paid a lot of money to get this right. https://www.lightreading.com/the-edge/verizon-admits-to-miscalculations-on-5g-edge-computing-and-private-networks/d/d-id/782850 — read more
To This Day I Still Laugh At This
😂🤣😄😆😅🤡🤡🤡 https://www.fiercewireless.com/special-report/inside-creation-verizon-s-go90 Wallace Colyer was standing in a garage. It was a day in early February 2015 and Colyer was at Verizon's (NYSE: VZ) development center in San José, Calif. He was... — read more
Possible Thursday Layoffs
It is becoming more and more expected that Thursday Feb 2nd will be a notable layoff day for VCG. If so, they are doing a good job of keeping it quiet due to the lack of leaks and posting on this board. Please post any news, Knowledge, or updates... — read more
artificial intelligence will eliminate white collar jobs
prepare now, as verizon will embrace the technology in order to eliminate jobs.
“ Verizon Business Segment Carried Wireless Business in 2022” - but wireless is the future, right???
Yeah RIGHT! https://www.crn.com/news/networking/verizon-business-segment-carried-wireless-business-in-2022
stop the bootlicking and finger crossing and start working on your resume
Its crazy to hear some of my old coworkers are delusional as he-l thinking they are safe since they didn't get cut in the last layoffs. Some of them are even working for free after their shifts to clean up the cr-p they didn't get to during their... — read more
2,500 job cuts coming
Confirmed from a reliable source. Approximately 2,500 job cuts coming by end of Q1.
STI/Raise predictions?
I say 100% STI and a 6% raise. Verizon knows their employees aren’t stupid. 100% pay 100% work. 6% to keep up with inflation.
Vz has begun blatantly lying to its employees about results
Vz intranet article said Q4 was 'great'. A quick google search says Q4 was bad. I see lots of shady, unethical decisions coming in 2023.
I said this before and I'll say it again
All stores should be closed. There is no point to them. It will save money and cause no major loss in income since barely anybody still buys anything there. What's the point in keeping them open? Please, do let me know what is their use in this day... — read more
Verizon owes you nothing
If you get laid off, be happy and thankful for the time you spent here. This is a business. If you want control over your life, start your own company. Don’t depend on corporate America to give you a handout.
Great article here from INC in 2018
It's the most spot-on prediction I've seen that summarizes the direction of our company. I stole this from a reply on a previous thread by the way (just want to make sure people have a chance to see this who may have missed the... — read more