Verizon Wireless to lay people off

**tim33** · 07-04-2012, 01:26 AM

I will also say look at Standard oil or the original MA Bell the government broke them up for a reason because they were becoming anti consumer. I guess when you buy up your competition and reduce the choices the consumer has, it is a very bad thing. I know Sprint and Tmobile can not offer the coverage area that Verizon can and if you travel to places where neither one of these companies cover, then you are stuck paying the high prices that Verizon charges.

**Kies** · 07-04-2012, 01:27 AM

This move is disgusting considering Verizon Worthless is posting record numbers in wireless growth.

From my T-Mobile Galaxy S III in HD

**Wireless Junkie** · 07-04-2012, 01:32 AM

Originally Posted by Kies

This move is disgusting considering Verizon Worthless is posting record numbers in wireless growth.

From my T-Mobile Galaxy S III in HD

How do you think they have the best network in the US? Btw. Its business, its every company. Every wireless company does this, and I mean every.

**fraydog** · 07-04-2012, 01:36 AM

Originally Posted by Wireless Junkie

How do you think they have the best network in the US? Btw. Its business, its every company. Every wireless company does this, and I mean every.

It doesn't give them the right to screw their customers and employees over. From a network perspective, VZW is number one still, but if they start mistreating good people and those good people bail, guess what? They won't have the capital to invest in their networks anymore.

**Antenna** · 07-04-2012, 01:44 AM

Originally Posted by Wireless Junkie

How do you think they have the best network in the US? Btw. Its business, its every company. Every wireless company does this, and I mean every.

If its best why do you carry a T-Mobile line?

Sent from my HTC Amaze 4G

**Kies** · 07-04-2012, 01:46 AM

I agree, on a business side of things this is great.. Verizon won't ever get a dime from me with moves like these, i don't care how much rural 3G/coverage they have. Consumer oriented Verizon is not.

From my T-Mobile Galaxy S III in HD

**brad15** · 07-04-2012, 02:09 AM

Originally Posted by Kies

I agree, on a business side of things this is great.. Verizon won't ever get a dime from me with moves like these, i don't care how much rural 3G/coverage they have. Consumer oriented Verizon is not.

From my T-Mobile Galaxy S III in HD

Agreed, i keep a bare-bones prepaid line for emergency voice on page plus that costs ~$40/yr for me to keep, but i'll keep putting my $$ into T-Mobile since i do agree with their business plan since they are actually trying to be more consumer friendly (sometimes a little bad at explaining their options, but they do at least try)

**Antenna** · 07-04-2012, 02:50 AM

When T-Mobile steps it up in my area, I will shut down my verizon service. They are a necessary evil for me, unfortunately

Sent from my DROID RAZR

**ilvla2** · 07-04-2012, 03:56 AM

That's the new business ethic, haven't you heard? In the old days when companies boomed they shared it with their employees, hired more people, expanded their business, nowdays they cut employees, close buildings and hoard money. Invest in America? Ha, not the modern businessman. Yes, modern business is the bees knees, I wanna be just like them when I grow up, if I don't starve or die of heat or cold first.

**regor3** · 07-04-2012, 10:43 AM

Originally Posted by Morphling27

I don't understand this from all of you.

Clearly, VZW is in the business to make money - as much of it as possible. They can and will do anything to make it and that's fine, yet there are some of you that call the unlimited data users 'pigs and subsidized users'.

So, why, in your hypocrisy, is it not OK for a consumer to get as much of something as they were promised? Verizon has a contract (with many of them, some are month to month I bet) and this contract stated they'd get unlimited data. Why are you mad at them? How can you say anything about them when they use it? "Hey man, you signed this contract and you pay for you service, I hate you you you you...."

FYI people, there's no shortage of spectrum or bandwidth. VZW is sitting on unused AWS spectrum. They're finally getting around to doing something with it, but if it was such a huge shortage, why didn't they put it to use a while ago? It's the same story as they've been attempting to make you all believe regular, wired broadband was coming to a shortage. Please point to me where this has happened. It hasn't. My city is chugging along fine, the internet is still here (at least I think so).

Also, about cutting call centers, how stupid is that? Someone compared this to RIM, which isn't the same story at all. RIM makes phones and is doing terrible at it. VZW has a wireless network and is flourishing with it. Caturday is right, many companies that spend on customer service reap it back. Apple is a good example. Many people are very happy with their various customer service aspects and are ranked highly for it. Where's Apple sitting at compared to other companies in the world....?

Hoo boy there's meds for hysteria you know?

"Pigs calling pigs...well pigs" means both are pigs. See its simple.

The old "there is no spectrum shortage" is BS when applied to cell phone data. Whether you and all the data pigs want to admit it or not the small percent of high data users is having an impact on the rest of us. It impacts us by cost (we carry the cost of the pigs usage) and access (it bogs down the cells).

Lastly no one knows why they closed the call center they did. There is some evidence it was an act of consolidation rather than pure layoffs since in Dallas they were offering $10,000 to employees willing to move to other call centers and were making efforts to find the others jobs within Verizon in the Dallas area. So it's more than possible they can see cost savings by consolidating call centers.

Verizon isn't perfect and they make their mistakes. On the other hand neither are they the reincarnation of the devil. They tend to be very good at building the most sought after cell phone service in the US so maybe they know pretty much how to best run their business better than you or I.

I worry at times about the new Internet personality that is so prevalent. You know, the old "no one knows what they are doing except for the ones who are not paid to do it". I marvel at the ravings of jackasses who can't even use the language properly castigating those who are trained and educated to do the jobs they have to do.

Verizon is a business and a darn good one to boot. Excuse me if I leave the running of the business to them as neither you nor I seem to be able to do as well.

Lastly it's still an option and not a mandate. If you don't like them then leave them. If there is someone who meets your needs better use them instead. But in the end the dire predictions by the data pigs that Verizon's moving to the "pay for the data that you use" model is going to kill Verizon is just BS. What it's going to do is force the pigs elsewhere or train them to modify their habits or pay the price.

**piper28** · 07-04-2012, 11:29 AM

Originally Posted by JKooL18

Wrong.

http://www.bloomberg.com/news/2012-0...1-million.html

Now try reading what I said again. That article explicitly states that the salary was 1.4 million, and stock grants were the rest. Even then, ok, take the 23 million number. Take 3% of that. Say about $700k. That'd employ about 10-12 people that have $50k salaries when you factor in benefits. Not exactly making a big difference in the layoff numbers.

**lindros2** · 07-04-2012, 01:08 PM

Originally Posted by Antenna

I would be more sympathetic to verizon, except they just increased their new plans and will soon make billions. They could have kept these employees and still made billions.

Its sad this company really has its priorities wrong.

Are you twelve years old? Take a business school class or read about financial accounting.

Then report back.

**lindros2** · 07-04-2012, 01:13 PM

Originally Posted by piper28

Now try reading what I said again. That article explicitly states that the salary was 1.4 million, and stock grants were the rest. Even then, ok, take the 23 million number. Take 3% of that. Say about $700k. That'd employ about 10-12 people that have $50k salaries when you factor in benefits. Not exactly making a big difference in the layoff numbers.

Good post, but it's not quite that simple. You have to factor in many other things, notably retirement/pensions of those people AND the pension load of others. Also factor variable vs. non-variable costs (depending on cost accounting method), future promise of salaries/benefits, capital vs. operating, etc. All of these things come into play on one ratio or another.

I work for a big company, and we're under constant scrutiny for our pensions. Up until this quarter, it was the biggest thing we got slammed on by the analysts.

It's never as simple as you think - but layoffs simplify since you can take a one-time charge and blame it on that one-time charge.

The economy is softening. Verizon is preparing for that.

**lindros2** · 07-04-2012, 01:15 PM

Originally Posted by Kies

This move is disgusting considering Verizon Worthless is posting record numbers in wireless growth.

From my T-Mobile Galaxy S III in HD

Record numbers TODAY in growth. How about next year?

If you want to point fingers, go over to T-Mobile forum and bash the newly-departed CEO (Philipp Humm - http://www.reuters.com/article/2012/...85Q1CU20120627).

Or better yet, wait until T-Mobile becomes an MVNO so you can bash them for selling out and rendering your S III useless. Kind of ironic who your provider is (as they tried to sell to AT&T but failed).

**jtludwig** · 07-04-2012, 01:18 PM

Originally Posted by Antenna

I would be more sympathetic to verizon, except they just increased their new plans and will soon make billions. They could have kept these employees and still made billions.

Its sad this company really has its priorities wrong.

Sent from my DROID RAZR

Maybe the same people who run the Postal Service should come over and run Verizon. Then they can keep thousands of unneeded employees on the payroll and lose billions every quarter.

Or maybe the Government should run a cell phone network...then they don't have to worry about making money.