Verizon contractors: the axe just dropped
My Whole team got disbanded. All contractors offboarded, LWD Dec 31. My Payroll/vendor has no projects lined up, Future unknown. Some FTEs already cut Dec 19. Verizon's in full cost-slash mode post the big Nov layoffs (1.3k+ gone).
Ship's sinking expect more in Q1. If you're on Verizon (any vendor), update resume, network hard, upskill fast. Loyalty won't save you.
Anyone else hit? Which accounts/vendors worst affected?
#Verizon #Layoffs #Contractors

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A few FTEs I worked very close with have been fired. I've been working in a small team of 3 for the past year, and 2 people have been fired and most of the workload was falling over me. So I've quit as I don't want to clean up the mess, that too without any promotion since I joined and significantly lower pay for my experience. I hope Verizon comes back on track, just that I won't be part of the restructuring nightmare. Goodbye, Verizon 👋

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Totally get it, sounds exhausting carrying double the load with no recognition or pay bump. Smart move quitting before it burns you out completely. I've seen the same pattern: teams shrinking, survivors picking up slack, and zero upside.
Verizon's restructuring (post those 13k+ cuts in Nov) has hit hard, and it's clear the "leaner" version doesn't value experience the way it should. Wishing you a smoother landing soon, hope the next spot actually rewards what you bring.
Guys, anyone else bail recently or still grinding through the mess?

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Even news circulating whole verizon india FTEs will move to service companies similar to 2018 infosys deal.

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Yeah, if the rumor’s true and Verizon India FTEs get shifted to service firms like the 2018 Infosys rebadge mess, then VDSI is basically dead as a real product/tech org. Better jump to actual product-based companies now MAANG, unicorns, or solid SaaS players before the full restructuring nightmare hits. Loyalty won’t pay off here. You hearing this from inside sources too?

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