I'm glad when I read people saying that they can't wait for RIFs. This means that they are prepared. Obviously there is many more of those who did prepare than those who didn't - like me!? Unfortunately, I didn't start planning exit on time so my... — read more
Home wireless?
So the solution for connection issues/speed issues is to repackage and sell it from walmart?
Disconnected leadership
I have never worked in a company where the leadership is more disconnected from employees than here. You? It's as if they expect the employees to care more about the future of this company than they do, even though we are mostly inadequately... — read more
Boycott pulse!
Reminder that pulse isn’t anonymous, despite what you are told. If you want to send a message, don’t do it. Leaders hate hate.
Are the October 27 RIF Rumours Credible?
A buddy from a different group said his team had a meeting yesterday and their manager mentioned his team would not be affected by upcoming RIFs. My team was not given any such direction, gulp.
Why does Verizon corporate retail have so many different types of reporting ?
You would think the stores were on individual commission with all these download calls going over metrics etc. BTW those stores at the top celebrating wins are doing so by slamming. Integrity doesn’t matter.
Verizon stock
Today's trading sideways feels like a win at this point. This is depressing. I feel bad for everyone's 401k....
People no longer care about their job as much
That's my impression. The reason is that the management did everything to demoralize and demotivate employees who once loved their job and worked very hard. It is obvious that most people here are just trying to stay a little longer until they find... — read more
Chose volunteers
If you're gonna lay people off it would make sense to ask for volunteers. Why not lay people off who want to to be laid-off rather than people that want to stay?
STOP POSTING FAKE NEWS!
Stop posting fake layoff news and ,make up stories about this great company. Move on previous employees! Stop trolling! We love this company and great opportunities it provides to more than 140,000 employees and hundred and thousands of... — read more
Can a DM please explain..
Why are we pushing an Outlook target? I’m from an Ohio store and my RM is up in arms about an outlook target, but can’t explain what it actually is and I’m having a hard time understanding why some stores have much higher outlook targets than other... — read more
Any other corporate store reps needing to find a second job?
Since the diminishment of our commission structure and low raises that did not even cover inflation rates. I feel it maybe a good idea to go part time 32 hours (to keep benefits) and possibly get a second job in the evenings if the crew allows me... — read more
Giving bad reviews on pulse
Until now, I have always given good reviews on pulse survey because I thought that I could become jobless if I gave a bad review. How much do you think giving a bad review can jeopardize someone's job here?
Ericsson plans to take $1.23B hit for corruption. Hans Vestberg
Hans Vestberg biggest fraud ever! https://www.fiercewireless.com/wireless/ericsson-plans-to-take-1-23b-hit-for-corruption-fine-q3-2019 That's your CEO Vteamers!
Next stop $26, October 21 will be a bad day for Verizon
Welcome to working at Blockbuster 2.0 Soon you will be selling candy and popcorn to customers
$35.94
Thank you C-Suite and the Board. You are priceless !
Golden Parachute
Can we vote that if the stock isn't above $60.00 Hans doesn't get his golden parachute?
Whether the rumors are true or not...
My personal opinion is that cuts are inevitable. Does anyone think otherwise? I am not saying with certainty that there will be cuts, nor do I want to raise panic, but I just think that they are inevitable because the company is in a bad situation... — read more
$36.62
Thanks Tami, Thanks Hans! Thank you all leadership for all you have done.
RIFs and closures
VBG is going to have a massive RIF this week. As much as 25% of teams and orgs will be laid off. Hidden Ridge in TX is being sold off and closed within the next 6 months. Also some retail stores will be closing
Somethings up
Manager cancelled our morning meeting, and Director cancelled our 3pm market call. I'm not sure what, but it seems like something is up. Reached out to my peers in the West, their team call was cancelled as well. Lastly I checked MP,Director,and VP... — read more
PULSE & RIFs - Confidential? I wouldn't do it
Interesting that the Pulse survey is launching on 10/17 and RIFs are rumored for 10/27. So it can either be that they want people to be afraid to be honest with feedback for fear of losing their job so the scores will be high. Or they want to see... — read more
Business Representatives Make Too Much
Business representatives make way too much. Front line workers are expected to do the work and close the business down in store, for a measly commission check; however the money gets funneled into the business reps pockets for the sales we made. I... — read more
Tanking for Chute
Is there a way to get HV outta here? It'll probably require someones password because its a high risk transaction but he really needs to take his parachute and leave. High risk high reward.
VZ $36 Stock incoming.....
Looks like Verizon is not doing very well. This should be a wake-up call for everyone at the WOKE HQ to stop doing those stupid videos and get back to work. This is not good for 4Q and the numbers probably are going to be really bad bringing the... — read more
R2B Reps no longer making money!!
We have reps not making a check for months just their hourly... Verizon the new Blockbuster coming soon! PS Switch to Visible or the new prepay service Hans skinny pants were just bragging about days ago.
Vbg cuts
What positions are being cut? R2b? B2B? Seems strange that they would cut the channel that actually has net gains
Verizon Earning Oct 21 - 2022
Stock price as of now $38 wow!!! I hope Hans will be wearing bigger pants and socks to give the news of how horrible we are doing although He keeps getting paid like nothing is happening! Good luck Vteamers!
Network
Anyone else sick of trying to come up with lies to tell customers as to why our network now sucks?? I'm so sick of spending 8 hrs a day acting surprised every time a customer says they are dropping calls constantly, bi-----g about the fact that they... — read more
Incentives
Hey Ive been working here about a year now and just curious, what's my incentive to work hard for this company? Does anyone know? Because I am having a difficult time figuring it out.
Dividend yield is currently at 6.66%
Hans, Thanks to you doing so bad the dividend yield as of today is at 6.66 % While the dividend is great the lowering of the overall stock price is a direct reflection of you and your teams TERRIBLE leadership. I’m sure you are happy that the... — read more
VCG Home for the Holidays thread
VBG timeline is communication by 10-27; estimated up to 25% in some areas (from VZ Communications layoff area). What are people hearing for VCG? Areas Numbers or % Timeline
Hans skinny pants made this in 2020, $20,342,871 Total Compensation!
1,500,000 Base Pay $3,825,000 Bonus + Non-EquityIncentive Comp $5,325,000 Total Cash Comp $14,500,057 Stock Award Value $14,500,057 Total Equity $517,814 Total Other $20,342,871 Total Compensation So, He was given a $14,500,057 Stock Award Value. ... — read more
High Risk Transaction?
Any one else see the high risk transaction screen with every sale? What's the purpose for this added extra step to our transactions?
It feels like the company is losing its direction
Of course, this is noting new. I think that this place has lost its direction long time ago. Why? This could be a long discussion but the question that remains is whether the company will manage to get back on track, because it is obvious that the... — read more
Switching off 5G?
Is anyone else turning off 5G on their Verizon devices and reverting to 4G? My son and some of his high school friends do this because they find the device works better. Not a good omen for monetized adoption of 5G. Is this just growing pains with... — read more
Managerial Harassment at all times high in Southwest Market
Reps are being harassed at all levels for NOT printing quotes and adding VZ Home to it. Not sure if its going on in stares like Cali & Northeast market, but its highly corrupt & managers are threatening to give write ups if they dont follow these... — read more
Average Salary for Senior Manager?
Is it worth the extra hours……..
No severance! Stop asking !!
Im tired of all these “do you think we would get severance??” post. Please STOP Verizon will NOT give out any severance at all, you have a higher chance of getting written up for not selling 5G than a severance package .
Hans, do the honorable thing - RIF yourself and retire from corporate life
Hans, your stay at Verizon is both unwelcome and undignified. You have now damaged your second corporation, impacting thousands of lives on two different sides of the world. Maybe you should consider permanent, corporate retirement. You must have... — read more