Verizon says to shed 10,400 jobs by mid next year

Post by Eleopteryx » Mon, Dec 10, 2018, 7:58 PM UTC

jayess wrote: post #123

padseeker wrote: post #113

Earlier quoted context omitted.

People seem to be blaming Verizon cutting 10,000 jobs on the tax cuts At no point was that ever insinuated. The simple idea is that the tax cuts were sold as a way to give companies financial resources to boost salaries and hire new people. Well they got their tax cuts, why are they doing the opposite of what the tax cuts were supposed to do? Maybe it's because the tax cuts were never going to boost salaries and incr…

> At no point was that ever insinuated. Then when is the meaning of the parent comment? > why are they doing the opposite of what the tax cuts were supposed to do? I'm curious what news you're reading or consuming. Wages are up 3.1% YoY (biggest increase in 10 years) and unemployment lowest since 1969: https://www.cnbc.com/2018/10/31/wages-and-salaries-jump-by-3... 2.7 Million more full-time jobs since January 1, whe…

Post by jandrese » Mon, Dec 10, 2018, 8:07 PM UTC

ryandrake wrote: post #178

rayiner wrote: post #173

Earlier quoted context omitted.

I get you're trying to make a joke, but it's a weird criticism of Verizon specifically. Every FiOS circuit I've had over the last 15 years, except for some growing pains with gigabit, has tested at 10% over its rated speed. Verizon also has particularly generous compensation: https://www.nytimes.com/2016/04/14/business/verizon-workers-... (union members make $130,000 on average in salary and benefits).

I just got back from Thanksgiving visiting my folks in rural PA where Verizon DSL is the only so-called high speed option, and it barely worked. I often could not even load the speed test pages. They were getting far less (10-20%?) than advertised. I thought the joke was brilliant and apt.

Post by darawk » Mon, Dec 10, 2018, 8:08 PM UTC

Vraxx wrote: post #180

darawk wrote: post #171

Earlier quoted context omitted.

> So if you still having large scale layoffs then it appears that maybe the SOLUTION is not quite solving the PROBLEM. And you were responding to this thread. Which means you were citing Verizon as evidence of your point. Which people the completely correctly compared to anti-global-warming people citing snow as evidence against global warming.

All of your responses are blatantly telling the person you're responding to what they were thinking instead of considering that perhaps there are multiple ways to interpret things. You told padseeker that they were insinuating something when at best you could guess that they were insinuating something. If you're actually interested in discussing things instead of telling people what they believe or what their intent…

Post by jandrese » Mon, Dec 10, 2018, 8:09 PM UTC

mohaine wrote: post #89

cgriswald wrote: post #55

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I don't think it's quite so black-and-white. Often there are multiple such positions and they are being reduced. So your position still exists and they don't want you (or rather, they would prefer to have X number of your coworkers rather than you). I don't think it's synonymous with being fired, but you can smell it from there.

Every time I'm seen a layoff in tech it is always the lower performing employees first out the door. Round 1 is normally just letting people go who should have been fired years before. Of course this is often when the good employees start doing interviews as well.

Post by mindslight » Mon, Dec 10, 2018, 8:16 PM UTC

anticensor wrote: post #176

mindslight wrote: post #33

Earlier quoted context omitted.

And while the pay purports to be in US dollars, it's in the form of a prepaid debit card with very low spending limits at non-approved vendors.

That is a scam. Severance should be paid as earned money, not as a debt.