Topics regarding layoffs at Verizon Wireless

Topics regarding layoffs at Verizon Wireless

Is It Union Time?

More-n-more whispers of stores and Solutions Specialists wanting to go Union in Northern New England. Rumor has it the Cape Cod store has been meeting with CWA reps and are considering voting soon. I’ve heard reps in other stores want the same but... — read more 

401k Profit Share

Does anyone know when they will deposit the profit share money into our 401k?

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| 1830 views | | 9 replies (last March 22, 2019)
Post ID: @OP+XXI0zT0

Staffing

Retail stores in my area are suffering. With headcount cuts and management cuts any small thing causes the store to be in chaos. One call out can make a very busy store run with only 3 reps. If manager goes on vacation you have the other managers... — read more 

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| 2000 views | | 8 replies (last March 21, 2019)
Post ID: @OP+XXkp8Ci

Verizon wireless 50 stocks

Verizon employees (other than top management) will receive 50 shares of restricted stock, the price of which will be set on February 1. Has the first 25 shares of stocks been paid yet? All employees that have been terminated still will receive this... — read more 

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| 1680 views | | 6 replies (last March 22, 2019)
Post ID: @OP+XWTOBXn

Verizon 2.0 in Retail possibility

My guess is that we switch commission, in our current mode, into an hourly rate and make it base pay, then incorporate a team commission model with a “bonus” as an additional sales incentive for reps. What’s your guess? Fire away.

Layoffs tomorrow?

Heard at the office there might be more layoffs tomorrow. Is this true?

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| 2480 views | | 4 replies (last March 1, 2019)
Post ID: @OP+XPDQnuR

B2B...Are sales roles going to get hit?

Retail, call centers, and Indirect all hit. Closed door meetings still happening within B2B any news out there on possible layoffs. The normal high pressure micromanagement has stopped the last month and even more so the last week. Nobody seems to... — read more 

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| 4260 views | | 11 replies (last March 28, 2019)
Post ID: @OP+XNLBPWT

This week at Wireless?

What's going on this week? After last week, I'm kind of hoping we are done for a while, but I can't be sure. With this company, there always seems to be some reason to worry. I wonder if there will ever come a time once again when we won't have to... — read more 

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| 1600 views | | 3 replies (last March 2, 2019)
Post ID: @OP+XNSwNCL

What locations were hit today?

It would be helpful is someone who knows posted what locations have been hit by layoffs today. Also is someone knows is there any logic or a pattern to which locations they might choose or even rumors about that would be helpful.

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| 3240 views | | 11 replies (last March 30, 2019)
Post ID: @OP+XJqsuXB

Stop the madness

I see leaders getting packages that want to be here. You have leaders here that hate this place and want packages. The strategy is leaving the company (a lot of us love ) with leaders in positions that aren’t invested. Employees first. Employees... — read more 

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| 1700 views | | 4 replies (last February 22, 2019)
Post ID: @OP+XJL94HE

Are you kidding me?

They closed my department today. CLT no longer exists. No heads up, no anything. We came in, our queue didn’t work, they told us CLT was no longer a department. Is this really how these layoffs were handled? Talk about lack of common decency and... — read more 

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| 3490 views | | 8 replies (last February 25, 2019)
Post ID: @OP+XJx0D8t

More announcements today?

My store is not among the closing ones, but I'm not sure if I should be relieved yet or if we can expect more announcements today? So many things happened yesterday that I'm hoping they wanted to get it over with as soon as possible, but with Verizon... — read more 

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| 1480 views | | 1 reply (February 21, 2019)
Post ID: @OP+XJezPxa

STI payout for VSP

All VSP employees, eligible for 2018 STI will only receive 100 percent not the 115 percent approved by the board......needless to say our 2018 efforts are not valued the same as those receiving additional 15 percent. Please know this was verified by... — read more 

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| 1530 views | | 4 replies (last March 10, 2019)
Post ID: @OP+XJSywWi

Store Closed

One mall store was closed today in SoCal.

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| 1120 views | | 3 replies (last February 21, 2019)
Post ID: @OP+XIrCXai

Indirect Layoffs happening (SEM)

Indirect Sales DMs started getting notified on Monday, 2/18 and AMs starting to be notified today. Meeting invites for Video calls or physical meetings started coming out very early this morning - meetings happening today. Not sure the # yet since... — read more 

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| 2730 views | | 4 replies (last February 27, 2019)
Post ID: @OP+XIGaOMQ

Major changes

All stores going down to 1 GM and 1 SM. Team commissions to begin on April 1. More layoffs announced. Did I miss anything?

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| 4920 views | | 20 replies (last February 23, 2019)
Post ID: @OP+XId3QVR

Team Commissions “Confirmed”

Whoever posted the team commissions coming in April is absolutely correct (confirmed from credible sources). Plus all the DMs, GMs & SMs are playing DUMB abt it. They’re doing it so people don’t start complaining, having conversation with them or HR... — read more 

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| 8630 views | | 14 replies (last January 26, 2022)
Post ID: @OP+XGknU4Z

Something happening Feb. 14th?

I have heard something is coming feb. 14th (Thursday week before a pay period...usual lay-off day I have been told) in retail that HR is involved in. Anyone else heard about this? That’s literally all I know so it could be anything or nothing at all... — read more 

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| 2160 views | | 5 replies (last February 20, 2019)
Post ID: @OP+XANSmDd

Customer service aka sales rep

Customer service handles billing issues, tech issues, international travel issues, escalations, etc... Now on top of that we are expected to be sales reps without commission. Upgrades on PA and Revenue Generation on PA ( increase plans and and TMP)... — read more 

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| 1610 views | | 7 replies (last February 26, 2019)
Post ID: @OP+XzC3ZhQ

FAST/LEAN

Anyone know what LEAN stands for in the FAST/LEAN roll out.

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| 1060 views | | 3 replies (last March 18, 2019)
Post ID: @OP+XxR9eC7

Is R2B safe?

I know with the re-org R2b kinda got shoved over on b2b. I wonder if they will keep that position?

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| 1920 views | | 5 replies (last February 27, 2019)
Post ID: @OP+XxnjBho

Very Quiet Equals not Good- Start your preparations

Everything is quiet simply because disclosure legal agreements have been signed. Don’t want anything leaked before the news is broken. Calls will be made February 28 and news of layoffs coming on March 1st. Effective day 1 of 2.0 on April 1st. This... — read more 

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| 2860 views | | 5 replies (last February 20, 2019)
Post ID: @OP+Xw9wjwZ

Indirect Account Managers

Has anyone heard about future plans for Indirect Account Managers? I have heard the possibility of combining. Everything seems very quiet with Verizon 2.0.

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| 4730 views | | 21 replies (last February 20, 2019)
Post ID: @OP+Xvd4AIh

New market/regional breakdowns?

Anyone received any info on how this restructure is going to break down as far as markets go? I’ve heard here in the west area, it will be broken down in to 4 regions that make up the west. Not sure of the names but from what I can gather the regions... — read more 

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| 1210 views | | 1 reply (February 13, 2019)
Post ID: @OP+XtGPBhD

Extensive writing up

Anyone else see a uptick in HR supported write ups in retail? Seems like they are trying to set people up to be easy layoff targets.

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| 1680 views | | 10 replies (last February 18, 2019)
Post ID: @OP+XtN5mwJ

CHECK YOUR COMMISSION!!!

Make sure you are tracking and calculating down to the penny for your sales bucket in commission. This is the second day in a row I did not receive credit for single line TMP in the sales bucket. I know it’s a pain to track every little thing but... — read more 

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| 1100 views | | 8 replies (last February 7, 2019)
Post ID: @OP+XsHsVi6

Systems down

Is it me or does the system "go down" for everyone else? How do they expect you to hit goals when ot goes down every time you turn around??

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| 813 views | | 2 replies (last February 6, 2019)
Post ID: @OP+XrwnyQb

Restricted Stock for laid off employees

Does anyone know if employees laid off last year qualify for the Restricted Stock Units that are being vested at the of this month or were the stocks paid out on the final check?

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| 1890 views | | 8 replies (last March 7, 2019)
Post ID: @OP+Xl56xCq

Vdsi will be go for vendor model from june

Verizon India will adopt more of vendors from June. There is a high chance employees will be reduced and moved to new vendor .hearing TCS. More threat to band 6 and 7.

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| 611 views | | no replies yet
Post ID: @OP+Xg7sh7U

so i had this though today

Im an SM and though today what are we doing?? we are promoting this "self service" to the customers with in store pickups, salesforce, virtual business cards and my links and when Verizon finally gets this down to a science, what will happen to... — read more 

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| 2470 views | | 11 replies (last February 16, 2019)
Post ID: @OP+XfdjWgd

CBOs

Any news on when the CBOs will be let go?

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| 1090 views | | 5 replies (last February 14, 2019)
Post ID: @OP+XfZcrJE

Joke

This company is an absolute joke. They don’t care about employees and certainly do not care about customers. I’m so happy I got out when I did. Verizon leaders have no moral compass. My conscience ate away at me for 4 years, slamming customers with... — read more 

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| 1610 views | | 7 replies (last January 26, 2019)
Post ID: @OP+Xf4BC0p

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