Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Incompetence On Full Display

The clear incompetence on full display during the "earnings event" on Friday was and is embarrassing to say the least. The Swedish Chef's stock price open mic gaffe, the LOUSY "2.3" explanation, the bewilderment on "leadership's" faces on a clear... — read more 

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| 2300 views | | 4 replies (last October 24, 2022)
Post ID: @OP+1jlm3ZHW

Don't waste your career at Verizon!

Leave and find a place that respects its employees and treats them as assets. Those places exist. It's too late for me but I feel bad for all the new hires who seem so excited about joining. They have no idea they're about to enter a pit of lies... — read more 

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| 1341 views | | 2 replies (last October 24, 2022)
Post ID: @OP+1jluhJ0n

We can't afford major layoffs

Not sure about other groups, but we can't afford any more layoffs. We've been able to pick up after people who've been laid off so far or who have quit, but we are at our limit. If they remove any more people I feel like things could easily fall... — read more 

Job Taxonimy

Anyone receive notice of title change with pay treatment? My role was recently retitled and I received an 11% increase as a result. Anyone else?

Verizon News - Another dark day under Hans leadership

Verizon sinks to a 12 year low on Q3 results as analysts note subscriber challenge. Verizon stock slips after beating earnings Estimates. It's not AT&T. Verizon’s Profit Falls 23% as Price Increases Slow Growth. Verizon targets cost reductions as... — read more 

ESG; DEI; My, My, My

Get Woke, go broke written large in the results. The special sauce is spoiled and globalism gored Film at 11

Your customer is Price Elastic

The arrogance does not begin to end: The $100+ debt, and yes, we still have to pay the bill Raising prices on an elastic market The inability to execute 5G never materialized, and Real IoT is probably five years away; Norway is on... — read more 

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| 1080 views | | 2 replies (last October 21, 2022)
Post ID: @OP+1jjwqEjD

Can only mean layoffs

The company says it plans a cost-savings program that will reduce annual expenses between $2 billion and $3 billion by 2025

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| 1370 views | | no replies yet
Post ID: @OP+1jjijRrI

Major subscriber exodus means major layoffs

People who are hoping for a major subscriber exodus to spite the company choose to ignore the fact that the ones who will end up paying for it are us. Nobody at the top will be fired or have their pay reduced or bonus removed if this happens but that... — read more 

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| 2130 views | | 6 replies (last October 21, 2022)
Post ID: @OP+1jjanf2o

Valhalla

We are proud to be here and appreciated by everyone at Verizon. We are really looking forward to the big union sponsored party and hope to have a large diverse crowd. I realize the admission fee is a little steep, however, I think it will be worth it... — read more 

Caution

I posted something yesterday that was 100% real, all IMO factual. Thelayoff site decided that it should be taken down. Maybe it was me mentioning the pronoun trainings or the CRT trainings. Perhaps the site moderator felt it cut too close to the... — read more 

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| 2800 views | | 6 replies (last October 23, 2022)
Post ID: @OP+1jiNyO0z

Layoffs in TPD

Got some insider info, the reduction target is 15 percent

Surprised that the situation is not worse

Honestly, taking into account how this company is managed, I am sometimes really surprised that the situation here is not even worse. I think I'm not the only one? There are still many talented employees here, we still haven't hit the rock bottom... — read more 

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| 2370 views | | 8 replies (last October 19, 2022)
Post ID: @OP+1jgotBcc

You're fired!

Hans Vestberg here. I apologize for destroying this company. But I am looking forward to that fat golden parachute paycheck that's waiting for me when we all get fired!

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| 2160 views | | 11 replies (last October 20, 2022)
Post ID: @OP+1jgYJ7Xu

RIFs coming soon!

This is starting to get scary. Stock price tanking, Hans looking forward to getting his golden parachute -- he doesn't care about the direction of the company I'm starting to lose my mind over this! We are ALL getting laid off!!!

Stock has tanked= RIFs around the corner?

While I wonder how far we are from cuts, my former colleague started working in a new company and has never been happier. Unfortunately, I didn't leave on time. Does anyone have any insights on how far we are from RIFs? Are the cuts around the... — read more 

Why Has Verizon's Stock Price Been Dropping?

Why Has Verizon's Stock Price Been Dropping? At the beginning of this article, I highlighted that VZ's stock price fell by -18.1% since I wrote my previous article for the company. In fact, Verizon's shares are down by an even more substantial... — read more 

Have you noticed

Have you noticed how many leaders are going out in FMLA? I know two?

Time for a Stratton Return?!

John is Chairman at Frontier right now and was passed over to be CEO. He had a lot of Ivan's personality traits but apparently had a hot temper. Verizon needs an inspirational leader with ideas and one that engages all employees in the company, not... — read more 

In

This is one of the first of many lay off announcements by big corporations including Verizon (it’s that time of the year for vz lay offs ) Unemployment rate will be rising in... — read more 

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| 3030 views | | 4 replies (last October 12, 2022)
Post ID: @OP+1jaZemmg

Hans Rearranging The Deck Chairs On The Titanic.....

The only thing Hans is leading is the race to the bottom of the communication industry. As Verizon stock plummets to all-time lows, This CEO lectures his employees to be laser-focused on the company's 2.0-1-2-3-4 on and on.....while this global... — read more 

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| 3580 views | | 7 replies (last October 13, 2022)
Post ID: @OP+1j9af6JM

Does education or training exist?

Do these id--ts somehow take college courses and/or receive any sort of formalized training that teaches them how to slowly destroy existing corporations?

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| 1143 views | | 4 replies (last October 14, 2022)
Post ID: @OP+1j9B0eZZ

Verizon Global Services - Any predictions?

I'm curious if the impacted employees' employer legal entity will change on Jan 1? That would indicate some sort of manipulation of assets (ie transferring assets across legal entities) or accounting re-baselining. I also think they realized they... — read more 

Verizon strategy boss turns attention to 5G-Advanced

Verizon strategy boss turns attention to 5G-Advanced 10 OCT 2022 LIVE FROM MWL UNWRAPPED: Rima Qureshi, EVP and CSO at Verizon, promised the US giant would pull the trigger on 5G-Advanced very soon after standards were ratified by the 3GPP, while... — read more 

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| 1850 views | | 3 replies (last October 12, 2022)
Post ID: @OP+1j9dBMOx

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