Thread regarding Verizon Wireless

Verizon Store Closing in South Central Market (June 2017)

The bloodshed in the South Central Market and the rest of the markets is far from over. No position is safe! Even sales positions will purge the ranks of mediocre and underachievers, leaving the top performers to do more while getting paid less. Verizon is in full-blown, cost-cutting and head-count reduction mode. The only way to continue to make those quarterly dividend payments is to either increase revenue or cut costs.

According to Verizon's last few quarterly earnings reports, revenue is shrinking which leaves them with only one option, which is to cut costs. Be prepared for quotas to continue to rise, commission checks and STI's will continue to decrease and pressure from the top will reach a fever pitch as leadership frantically runs around and tries to stop the bleeding.

Good luck all, keep those resumes on the ready and start looking if you haven't done so already.

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| 414 views | | 1 reply (June 13, 2017)
Post ID: @OP+gljYS40p

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Many, many store closings, district realignments (again), DMs laid off. Wait and see, there much more to come.

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Post ID: @yzi+gljYS40p

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