Nobody knows anything. I'm not saying layoffs aren't happening but seems to me nobody has solid proof of what's actually happening on the 20th, if anything at all. All these news articles are saying same thing word for word and it's all taken... — read more
Rant...
Verizon is in this situation because of poor leadership, which was replaced with poor leadership, which is now being replaced by more poor leadership. Just once, has any of these feckless leaders held themselves responsible? I mean they blame the... — read more
What's going on with this board?
So many new unnecessary threads. Impossible to read them all. We went from 1 or 2 a day to 10 an hour. This is ridiculous!!!!!
Cutting 15k Employees = Decent RIF Package?
Cutting 15,000 employees should save the company mucho dinero (after the initial cost outlay). That said, hopefully those let go will receive a good severance payout…including health coverage, STI and remaining stock plan.
15K clarification, feedback + speculation
My interpretation of the articles going around is that this is affecting “management” employees meaning HQ. Retail is its own thing and they are not categorized the same in the financials. Retail moving to indirect and/or closing down will be its... — read more
VZ Business Customers are regretting...
They see the news and now know nothing will get installed correctly lol
Roundtable Discussions
If you were in a Roundtable discussion with a VP does that help your chances? LOL
I hate this feeling.
I hate what this is doing to me. I am here looking at my coworkers and praying its one of them and not me. I don't want anyone to lose their job, but of course I prefer that I don't lose mine. So here I am looking at my VZ "family" and hoping its... — read more
Unbelievable VZW leadership couldn't see this coming
I even pointed out the obvious [on multiple occasions] to VZN via detailed feedback. Oh well, my new carrier of the past year has been great and MUCH cheaper. VZN is yet another memory
Anyone else’s office a lot emptier than usual?
In the Ashburn office today, compared to normal Thursdays it felt dead. Morale is at an all time low
Is the 15K including Retail Store Closing?
It is more than 15K if Retail is IN ADDITION to the 15K Corp layoffs
Verizon turned their back on the core bread and butter
So no they are not laying off field techs .Infact they are actually Hiring like crazy .The reality is that long ago the company 1 focus turned solely to wireless which we all knew was not gonna be forever.All while turning their back on the back bone... — read more
Porting # out and traveling
Pretty sure I’m getting the can. I’d like to port my number away from Verizon while I blow my severance money traveling the world. What carrier or mvno should I port to that would be cheap to travel with while being able to keep my number so I don’t... — read more
Will Value be axed and be more like an Indirect Organization?
These Value brands used to be their own business's and pay Verizon for “access”. Nancy got moved to protect her nearly 40 year tenure. Indirect dealers have been beefing up their operational staff with old Verizon execs. Should be interesting... — read more
Concession Devices
Will employees be expected to turn in concession phones and laptops/computers/monitors, etc? They can't seriously expect 15k+ employees to return equipment. Is there a way to negotiate keeping them? What happens in the event you don't send it back?
question
if your manger has not received a list is this good or bad
The fact that there are no jobs out there makes me panic even more
I know that for sure, I’ve been trying to find something for months now.
I feel like such an id--t
I thought that the new CEO could be one of the rare good guys based on his history. I was so, so wrong.
What’s the thought on retail?
I know a restructure was said to take place and 180 store closures.. do you think we will restructure all of the territories? How do we think Sr. Directors and Directors will be impacted? Or possibly Sr. Managers and Assistant Managers?
If ya think about it......
This whole sh*ituation is down to three things: 1). Hans. He was the CEO when we saw the company going from being leader in everything to leader in nothing an losing in the market. Buck starts and stops with Hans, all the while he spent more time... — read more
Shoulda joined the union
Imagine thinking a company has your best interests at heart just to lay you off before the holidays lol. Y’all shoulda joined the union.
WSJ says 15k layoffs in the next week
https://www.wsj.com/business/telecom/verizon-to-cut-about-15-000-jobs-87280c3c?st=wEAoYL&reflink=article_copyURL_share
Managers
When they say cutting managers are these the higher ups or just management in general
what areas
Will the IT groups be targeted i this layoff
do we still get paid?
if we are the (un)fortunate, and our last day is 12/20 or 1/20 or 2/20, do we still get paid during this time? and then we get our package after? will everything be in tack as if we are still FTE?
What is the over/under
What is the over/under Of Verizon getting out of the PS business all together just shifting all focus to wireless and broadband?
Percentage
Verizon has a total of 100,000 US employees. Not all of the 100,000 are managers. So 15,000 manager jobs cut is more than 15%
SVPs missing from Q&A
Anyone notice that a few SVPs weren’t included in the Q&A today? Yolanda, Julie, Kwame? What could this mean? Do they have nothing to contribute? Some of the questions involved their groups… I would have like to see them speak.
Can band 5’s confirm? (Honor system)
I know there are plenty of trolls, but please, for the sake of the rest of the thread. Just leave the trolling for somewhere else. Have any band fives been asked to give a list or have been given a list?
Dan - what would your mother say?
“My grandfather was a union organizer in the garment district in New York City. My mother took me to a civil rights demonstration in Washington in my stroller” What a fu--ing charlatan. Everyone around this a--hole is su-king up to him to keep... — read more
Is there still a rig package?
Or just the boot?
Will Warn act be in play?
Please don't rip my head off for this post. I have read the act and the "single site/location" of 500 or more employees confuses me. Im not a damn lawyer. I'm in a state that falls under the Federal guidelines of 60 days. Any wisdom if Vz will have... — read more
Verizon to cut about 15,000 jobs as it restructures
https://www.reuters.com/business/verizon-cut-about-15000-jobs-wsj-reports-2025-11-13/
Executive pay
Our new CEO is being paid a $1.5M annual salary, with up to $50M in performance incentives. That’s equivalent to 500+ employees making $100K. It’s hard to listen to Joe Russo talk about surgical cost reductions when our CEO is being paid an annual... — read more
Layoffs looming
With layoffs looming and articles all over the news. Employee morale at its lowest but our VP , Jarrett - wants a plan to fix a metric. No one is addressing the stress and fear that our people are feeling. What a low person