![]() Verizon will post more about the registration process for the offer on its website August 16.Įarlier this month, it was announced that Yahoo Messenger would be shutting down after 20 years in operation. Prior to its partnership with Tidal, Sprint used to bundle plans with access to Spotify premium. Sprint has been giving away free Tidal subscriptions with its Unlimited Plus plan for some time. Verizon is joining other carriers that have introduced plans that allow consumers to bundle with music streaming services. As ConsumerAffairs recently reported, T-Mobile took a different route by announcing a cheaper, stripped down unlimited plan that is set to launch on Friday. Sprint and AT&T both relaunched their data offerings to include more expensive options. In June, Verizon introduced a higher tier plan with added high-speed data. "And now that you can mix and match our unlimited plans, every person in your family can stream worry-free on the unlimited plan they need, without paying for things they don't." Competing with rivals "It gives our customers exactly what they want: Apple's best-in-class music streaming experience, paired with an unlimited plan tailored to them, on the network they deserve," said Angie Klein, Verizon's vice president of marketing, in a statement. In a statement, Verizon hinted that more perks will grow out of this partnership by noting that this is “just the first step.” The deal will give customers full, ad-free access to the music streaming service's 45 million songs on any of their devices. Starting August 16, new and existing Verizon customers can get six months of free access to Apple Music with an unlimited plan. Last month, the carrier began inviting people in the selected cities (Houston, Indianapolis, Los Angeles, and Sacramento) to sign up for the service. Verizon is currently rolling out the nation's first 5G wireless service in a number of cities. Employees that received this notification aren’t eligible for severance payments and will not receive their 2018 bonus if they are offered a job at Infosys and do not accept it. The same day the severance package offer was announced, the carrier notified about 2,500 of its IT employees that they were being transferred to Indian outsourcing giant Infosys as part of a $700 million outsourcing agreement. Verizon - which has more than 153,000 employees - said the cost-cutting drive won’t affect sales executives or managers in "crucial company roles.” ![]() The severance packages are part of a four-year plan to save the company $10 billion and give it "an opportunity to find more efficiencies in the size and scope of our V Team and help expedite the building of an innovative operating model for our future," CEO Hans Vestberg wrote in a memo to employees and reviewed by the Journal.Įmployees eligible for the severance packages were offered three weeks’ pay for every year at the company, up to 60 weeks. That works out to more than a quarter of the carrier’s total workforce. Verizon’s voluntary severance package offering, made last month, was extended to roughly 44,000 employees, the company confirmed to The Wall Street Journal. “This is a moment in time, given our financial and operational strength, to begin to better serve customers with more agility, speed and flexibility.” “These changes are well-planned and anticipated, and they will be seamless to our customers,” Vestberg said in a statement. Verizon is currently taking steps to prepare for the rollout of 5G network service. For the entire V Team, there will be opportunities to work differently as we prepare for the great things to come at Verizon,” Vestberg said in a note to employees. “For those who were accepted, the coming weeks and months will be a transition. The end dates for the employees who accepted the buyout offer range from the end of 2018 to June 2019. Verizon promised earlier this fall that its cost-cutting drive wouldn’t affect sales executives or managers in "crucial company roles.” Verizon offered 44,000 employees across all of its business segments three weeks’ pay for every year at the company, up to 60 weeks. In addition to cutting costs, the buyout program was intended to give Verizon "an opportunity to find more efficiencies in the size and scope of our V Team and help expedite the building of an innovative operating model for our future," CEO Hans Vestberg said in a memo to employees in September. The carrier said previously that it aimed to save $10 billion by 2021 and thin out its workforce as part of its effort to prepare for the launch of its 5G network service. On Monday, Verizon said that more than 10,000 employees (or around 7 percent of its workforce) accepted its buyout offer, first announced in September.
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