Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Verizon is insanely diversified

This "could" be some of the problem for VZ, they're not just a spanking new wireless only company like say T-Mobile, which has all new infrastructure and a very finite set of assets to maintain. Verizon Wireless was a joint venture that happened to... — read more 

by
| 395 views | | 1 reply (October 15, 2015)
Post ID: @OP+DYHyPNy

VZ geographic consolidation

I find the geographic consolidation idea to be a scare tactic at some level. They merged two regions earlier this year. While some of the operation went OK, the scuttlebut is that issues on the systems and accounting side are still being dealt with... — read more 

by
| 286 views | | 1 reply (April 19)
Post ID: @OP+DYcyvXI

Exceptionally bad/arrogant/inept management

Face it, these guys fell asleep at the wheel, believing in their own hype and thinking the wireless pay-by-the-minute bucket would keep pouring gravy over everything. Now they're doing what produces short-term "results" and AGAIN ignoring the... — read more 

by
| 400 views | | 3 replies (last October 15, 2015)
Post ID: @OP+DYFjmmW

On the H1B Question

So our H1B engineers were brought in here with the assumption that there is a lack of US based engineers. Right? Now, when Verizon starts to layoff, it means they have extra resources that it is needed. So the original reason that they came, doesn't... — read more 

by
| 412 views | | 3 replies (last October 15, 2015)
Post ID: @OP+DXrivhf

Wireline / Backbone / FiOS services have become Utilities

I think their problem is the wireline / backbone / fios services have become Utilities, translates to very low margins. As a pure wireless entity like T-Mobile, being able to shop around for the best cost Utility is an advantage, a position Verizon... — read more 

by
| 300 views | | 1 reply (October 15, 2015)
Post ID: @OP+DXHz5Yq

Verizon Strike Imminent

It seems like he union has no alternative at this point .... strike or be broken. http://www.rifuture.org/negotiations-sour-between-verizon-ibew-union.html I'd suggest the union waits until Verizon RIFs all the scabs .... errrr I meant manager. Then... — read more 

by
| 700 views | | 9 replies (last October 20, 2015)
Post ID: @OP+DWYC9Aj

12 yr veteran

I have been working at Verizon full-time for more than 12 years - What can I tell you, I may be laid off soon. Benefits are great but they will always hold your job over your head unless you are in the union which I am not. I am worrying constantly... — read more 

by
| 340 views | | 3 replies (last October 13, 2015)
Post ID: @OP+DW09awo

Narrowing the org chart up to 50%.

Rumors of elimination of wireless management organization & infrastructure circulating. Narrowing the org chart up to 50%. Upper management slashing below HQ level. Concerns about too much retail presence and staffing levels. Raiding the network... — read more 

by
| 330 views | | 5 replies (last October 29, 2015)
Post ID: @OP+DSY9uL8

Verizon's innovation wipes out jobs and changes others

Telecom jobs in US may suffer the fate of many other IT organizations, the driver of change is the labor market. In the standard model of higher education, people go to university in their 20s: a degree is an entry ticket to the professional classes... — read more 

by
| 580 views | | no replies yet
Post ID: @OP+DSEfes1

Techs

I am one of the laid off workers back in June 2015. I was at 79 when mudge showed up and he said it was his decision to lay us off and they have no plans on bringing us back . i don't understand that you lay me off , the company pays what ever to... — read more 

by
| 334 views | | 1 reply (October 10, 2015)
Post ID: @OP+DSc7W2X

Can't service customers and develop business without workers

Lease backs of buildings and towers and bloodbath layoffs are all cash flow band aids. $60B of debt to service is killing analyst outlooks. Looks like that big chest-thumping move of owning all of Wireless wasn't really all that smart of a move... — read more 

by
| 373 views | | no replies yet
Post ID: @OP+DSdi0CS

Wireline and Wireless

Two big ones, Wireline and Wireless. October, off payroll November and another in Mid November, off payroll December

by
| 313 views | | no replies yet
Post ID: @OP+DSOGDwv

Yes October cuts for Verizon IT folks without a doubt...

October is a month for changes in season and employment...Some folks are already aware they will be cut due to sympathetic mgmt trying to be humane and provide as much advance notice to prepare...it IS coming...

by
| 380 views | | 4 replies (last October 8, 2015)
Post ID: @OP+DKNdazs

lawsuits

May 15, 2015 Yesterday the FTC and the FCC announced that Verizon and Sprint are the latest carriers to get caught cramming customer’s bills with bogus charges. The companies will be forced to pay a combined $158 million in settlement payments. Read... — read more 

by
| 581 views | | 2 replies (last June 23, 2015)
Post ID: @OP+BxrXtQw

Layoffs of PMs and OMs....

I don't have exact numbers, but many OMs (order managers) and PMs were given their layoff notification yesterday. Many from the Richardson, TX area. Not a surprise. Where I work at (in Cary), they have brought in 12 "junior PMs" the past three weeks... — read more 

by
| 380 views | | 2 replies (last April 25, 2015)
Post ID: @OP+BbKWs15

Verizon Communications Laid Off 1000 Employees in 2014

While we enjoyed the distinction of earning ourselves the reputation of being the largest wireless communications and service provider within the U.S. in 2014, we also had other plans. The plans were to bring about these layoffs and job cuts at the... — read more 

by
| 390 views | | 3 replies (last April 9, 2015)
Post ID: @OP+ASbd7R2

2015 watershed year

Verizon is trying to recover from the outpouring of cash used to buyout Vodaphone ($130B), and the FCC auction (spectrum) purchase ($10B). They've already sold off FiOS territories in California, Texas and Florida to Frontier as well as selling... — read more 

by
| 450 views | | 6 replies (last July 26, 2015)
Post ID: @OP+AQcmonX

Outsourcing Causing Layoffs 2015

Are you aware of any additional groups or departments that we might be outsourcing this year? I was let go in 2013, when the AP part was outsourced.

by
| 370 views | | 2 replies (last April 12, 2015)
Post ID: @OP+AChCzjS

VZ - What's next

Seems that Wireless took it on the chin with RIFs earlier this year, but how much more is coming down the pipeline? You guys in wireless were always protected since you had that Vodafone ownership stake and just about all of the workforce was... — read more 

by
| 445 views | | 1 reply (July 20, 2015)
Post ID: @OP+AvGGu4i

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

: