Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Good news about the Gatt rate

They just released info on the gatt rate for the 3rd quarter....it is going down!! That means our lump sum buyouts will be going up!! The gatt rate was expected to go up every quarter well into 2018, so having it go down in the 3rd quarter of 2017... — read more 

Slow closures to replace major layoffs

I don't think there will be mass store closings where many locations close all at once. I do think there is a store reduction number that leadership wants to see happen. And that number is to be achieved through store closures or transferring a store... — read more 

Bad news for the haters

The Q2 numbers are going to be good. A lot of new net subs. Working for VZ s---s indeed, but Unlimited has turned things around for the numbers. I don't like the crappy management being rewarded any more than you do, but it's the truth.

AT&T Had A Strong Q2

And so did T Mobile. Verizon is up next. Can all the carriers have a solid Q2? I think not... http://www.cnbc.com/2017/07/25/att-earnings-q2-2017.html

Is lowell mcadam retiring?

I have heard the rumours but no hits using the keywords in google. He's 63, not exactly a hip age, been with verizon since 2000, and has done a lot of damage. Serious replies, please, is he retiring so this company can thrive again or were the... — read more 

More layoffs in Sept or jan?

Do you see more layoffs after 2q results being in Sept or waiting till Jan? Wouldn't they want to keep the stores around till Jan even the smaller slower stores bc of how profitable our holidays are? Any rumors about future layoffs or store closings?

On Today's Edition of Up to Speed...

"Germy and his crew of super diverse, ultra sensitive, snowflake, hipster millennials will introduce August's accessory of the month, the New Overpriced Portable Battery Pack." Co-Worker: "Wait a minute, wasn't the July accessory of the month an... — read more 

What do they expect?

I do not wish this company to fail just a complete overhaul of 2nd level mgrs and up which is impossible with the inbred culture at present. I left because they made the invironment absolutely toxic. Vastly understaffed for 15 years , ratcheting up... — read more 

by
| 1244 views | | 1 reply (July 25, 2017)
Post ID: @OP+OqqkTKM

When is....?

When is VZW releasing the new Super ELLIPSIS Phone! With preinstalled GO90 as the only streaming option and it will only connect with VZW's smart watch wear 24. With only aol and yahoo search and mail options included....It'll make billions and... — read more 

Happy Monday Morning...

I get really excited when I think about how big our STI (annual bonuses) will be this year!

by
| 2060 views | | 7 replies (last July 25, 2017)
Post ID: @OP+Oq4yX0r

Verizon comes clean??

https://www.theverge.com/2017/7/21/16010766/verizon-netflix-throttling-statement-net-neutrality-title-ii

by
| 860 views | | no replies yet
Post ID: @OP+OnAuU3J

Leadership is bringing us down

The people running this company are not the people who made us great. These are pretenders. They were handed a golden corporation and look what they have done with it. To think that we will return being the Class of the Communication Industry is... — read more 

MBO Pay if terminated before quarter ends?

If anyone knows that would be great. If I'm terminated before quarter ends will I still get my mbo pay? For example, let's say I get fired September 16 would I still get Mbo pay at the end of October? Also, What if I'm on rampup?

by
| 864 views | | no replies yet
Post ID: @OP+OmYdOzn

What can Verizon do to rebound?

In all honesty, I personally don't believe that we will ever be able to reach our glory days again, but any kind of improvement will be welcomed... It will in any case mean fewer layoffs... — read more 

Woohoo!

Vzw just won a contract with China Mobile...A WHOPPING 10 MILLION DOLLARS! seriously, why? How is this beneficial? Just give me my packet already....

by
| 704 views | | no replies yet
Post ID: @OP+OmttUYo

Accrued Vacation Time

What happens to your accrued vacation time if you voluntarily quit Verizon??? Will you get paid for the unused vacation time or will it fall by the wayside

Incoming cash flow problems equal more layoffs

Lowell leveraged Verizon so much with debt from crappy purchases that any reduction in revenue will cause severe free cash flow problems which will result in drastic operating expense reductions namely more layoffs since Verizon views its employees... — read more 

Any more layoffs?

Guys, will there be any more layoff's before the end of the year? Or we all safe until next year?

Verizon Reports Q2 Earnings on 7/27

Popcorn is being popped, and I'm sitting back watching, hoping to see VZW report a huge, steaming, pile of Dog Crap numbers to Wall Street. I hope the number are so terrible that there are instant resignations and firing in the C-Suite at Baskin... — read more 

by
| 1650 views | | 4 replies (last July 20, 2017)
Post ID: @OP+Oly6wQT

Retail to indirect?

Get ready folks - 50% of Retail location will be converted to indirect within the year. Behind closed doors, this is already in the works. Wake up. T-mobile has been executing a strategic plan against Verizon and may I say very successfully the past... — read more 

by
| 2360 views | | 10 replies (last September 30, 2017)
Post ID: @OP+Ok9Lpfb

Still spending that money.

I just don't get it. With all you hear about the reduction in the labor force, and the reductions in spending, money is still being wasted. Stores are coming up $5000 plus in intentory since the layoffs of the RSS (but the stores are not reporting... — read more 

What's Up With These Next Gen Stores?

They are stripped down and look like indirect stores in training. As in they get built and then they get converted to authorized retailers.

by
| 790 views | | no replies yet
Post ID: @OP+OiRTAVs

FMLA

Fmla is up to 12 weeks, correct? So after that Verizon can fire me if I'm still on leave? Just curious. Meaning they won't guarantee that I have a position. Or will they just tell me not to come back.

by
| 2120 views | | 8 replies (last July 26, 2017)
Post ID: @OP+OhB8S7h

Start a new thread - post a news comment, question or message:

: