There’s a lot of unfounded rumors on here. And although I understand, I might not be privy to all the information - I also am not a fool and I’m aware of this process. I’ve seen SVP’s in some groups where I’m like. How did this person cobble... — read more 

Well, I just got notice from my manager. I hate to break the news, but the 5 days RTO rumor is true. It’s not 3 days anymore it will now be 5. Seems they are planning to use RTO to reduce headcount without severance. Just fair warning to y’all. I am... — read more 

Have SDs, directors or ADs know? Have they been officially told? Does it happen this week?

We are already short people with several reqs open and one stopped during the hiring freeze before interviews could be done. If they need to cut from my team do these count as a headcount?

Anyone heard anything with R2B or mid-markets? Clearly if retail locations close it will impact R2B so mid-markets seems to be the safest place. Thoughts?

A reliable source is telling me that all corporate stores in Alaska / Hawaii are going to be either closed or sold off to an indirect. I think it's fewer than 15 stores in both areas.

What does it look like, what metrics, and are managers given guidelines on HOW to order their direct reports?

Is he the Dan Jenkins character from Yellowstone? https://www.opensecrets.org/donor-lookup/results?name=Dan+Schulman&order=desc&sort=A

I never seen a group of people wanting people to lose there jobs!! This is what’s wrong with the world! Bunch of of d-mb as--s

Which top level public executives are likely to be pushed into retirement soon, rather than rank and file employees?

If layoffs happen it’s happening nov 20th or earlier. Lists aren’t made last minute so your fate was sealed 20-30 days ago. Initial estimates range from 15-30% depending on org but overall beverage to about 20%. There’s likely a round 2 of... — read more 

Verizon has not officially filed a public WARN notice for mass layoffs in 2025, although there are reports that the company is preparing for restructuring, staff cuts, and retail store closures. Verizon is also cutting about 2,500 jobs as part of a... — read more 

Spoke with a supervisor who confirmed today that layoffs are coming and also added that layoffs will be for managers and stores. Also layoffs will will happen before Nov 20. It was indicated some managers will be gone before then. They had meetings... — read more 

I have a workable and thoughtful proposal, aiming to avoid layoffs completely while still achieving the desired cash flow for investment. Here is a breakdown of the suggestion and some key aspects it addresses: 💡 Proposal Summary • Goal: Avoid... — read more 

The disaster that most everyone realized was coming is directly related to the hiring of executives, for lack of a better term, from Sweden, Ireland, India, and Canada. At least two have been under investigation of wrongdoing while being the head of... — read more 

Any areas that still have all their managers?

Should i tell my boss now i want go or wait to nov 20 to negotiate terms.??

Managers are currently in meetings after being asked to rank their employees. Not a rumor.

What happens to protected classes during a RIF? Are any special considerations given?

There was a lot of positive feedback to the CEOs blunt and honest call a few weeks ago, even with him flat out saying there would be layoffs and that his plan would be ready in 22 days...which put it right around the 20th. What happened? Did people... — read more 

https://www.the-sun.com/money/15469725/verizon-denies-rumors-employee-layoffs-mass-closures/

I know this will be downvoted but I figured I’d post it because it may help someone. Industries less susceptible to layoffs include healthcare, education, government, and essential services like food, utilities, and discount retail, as people need... — read more 

Crazy that 20% is a huge number it’s just the first stage of the management layer layoffs .But I hear it’s not even across the board.Some groups will lose less of that whole 20 some will make up a huge percentage.Sounds like the wireless corporate... — read more 

There’s been a huge uptick in troll posts the past 48 hours. One poster uses the word “value” a whole bunch to oddly describe an unknown Verizon business segment. Another keeps claiming huge moves, like Sampath being let go - which hasn’t been... — read more 

Rumors of Verizon's Store Closures and Layoffs Have Employees Worried Rumors of Verizon store closures and layoffs are making the rounds. The Verizon layoffs this month could continue to heighten tech industry woes, leaving many to fend for... — read more 

For me, it’s a 10. I’m extremely worried that I won’t have a job next week.

This whole process was never going to be easy, but it could’ve been so much better if leadership had been upfront from the start. Instead, we’re left to guess and speculate because no one at the top wants to say anything concrete. A little honesty... — read more 

DU PHAM D/FW

Work as prescribed 9-5 M-F. Been done nearly a century. Prove they do not need to send your job overseas. RTO is for collaboration and winning. No whining.

This! RIF when not enough $$$ in the coffer to fund $10B Frontier. https://www.fierce-network.com/broadband/verizon-seeks-sizable-10b-fund-its-frontier-deal

May the odds be forever in your favor.

I am 62 and I'd take the money and run. The math works for me and I just need healthcare. I've been working since I was 19, I am so done.

We are here to help and make you successful. We'll help you on this forum too, we'll send positive vibes and will post positive comments and replies. All will be fine VTeamers, respect for the individual and personal growth. Rainbows. Unicorns... — read more 

I am thinking that Band 8 would be safe due to our low pay, would you agree?

I took VSP last year. It was a good decision. If you are given an opportunity, do your math and it may work well for you as well. I know this is not for everyone as people are in different states of career or personal growth, but if you are thinking... — read more 

Someone said Joe is gone? Is this true? Seems highly unlikely to me, he seems like one of the only good ones at that level.

With the SVP changes today, both in the business & finance…. I can’t help but to ask myself, how are they deciding who is being let go? These shifts imply that the new leaders do not know their org structure…. Who is good/ who isn’t etc. All we can... — read more 

I truly have sympathy for you guys. I remember having the same experiences. I moved to Hidden Ridge five years ago and that level of stress surrounding RIF time is a distant memory for me now. Sure, I don't want to be laid off but I just don't... — read more