#vsp

Are all areas facing issues with complete chaos in their depts because they lost the good leadership (and valuable associates) they had with VSP? My area is crumbling and the management we have been left with is relatively new with not enough knowledge to properly manage. I’m not sure her skillset has even included managing people before. It’s become a free-for-all with some associates logging on barely 4 hours a day doing pretty much nothing. We were swept under a new director who also had no experience with our departments responsibilities so he exists but has been 100% absent. We were already understaffed before VSP but the past 6 months we are sinking fast. Is this just my area’s reality or is this being felt across the company ?

I wish her the best and appreciate what she did for all us employees during Covid and the tough times we went through. She could have laid off many of us, and most kept their jobs, or took a generous VSP. I say this as an employee and not an investor, and I will always think she is one of the best, if not the best CEO for employees. Thank you again Vicki and enjoy your retirement. From a personal standpoint you made my retirement much easier with the VSP, and I know it could of been different.

For the folks who can't just quit. Does gain well offer a Voluntary Separation Program? I still would like to get unemployment but I cant just quit.

allowed to come back to work at VZ. Anyone else heard this?

The VSP and enhanced severance employees in 2024 were not supposed to be re-hired

Hi guys, I’m wondering how is the situation for our German colleagues.
I applied for an internal position there.
I heard that lot of people left by applying to the last VSP and now many teams are understaffed

Not talking about some C-Suiter who sent out an email about their new chapter in life, but someone you actually worked with or "adjacent" to (or at least in your building). I have over 10 years with VZ and can only name 2 people. Plus one more who took VSP at the time they were about to retire anyway, so make it 3 people who actually retired. What does that say about VZ?

I have seen several posts today from people who say they are leaving Verizon. Is this VSP or something else?

Can former VSP recipient be eligible for rehire after 12 months?

Anyone out there who quit, were VSP, ISP(Rule of 70) and didn't go to another financial firm, keep the LP at EJ?

Does anyone recall the details of the VSP offer from a few yrs back? Just curious how that stacks up against the current severance.

Also interesting to see Microsoft's August approach making VSP available if Ur age + YOE > 70. So long, old timers with experience, don't let the door hit u on the way out!

May should be interesting with the big exodus. Who will be out?

Can anyone who has been ISP'd tell me the severance differences between the VSP and being ISP'd? My position is about to be terminated. I was offered the VSP but didn't take it because Im nowhere near retirement. I know the VSP offered 2 weeks per each year worked. Does the ISP work the same, or am I going to be shorted severance because I didn't take the VSP? Trying to figure out my life after giving 18 years to a place I thought I was going to retire that has turned into a complete dumpster fire.

Are all the chemicals sites offering SVS or just US sites? Only heard of Geismar. Not sure about the others.

Can Dan or Sam offer a VSP already! Heard people were let go last Thursday. Nothing was communicated to our group. We were surprised to hear of anything. On top of that what happened to leadership communicating additional layoffs around the business?

Okay, turning in my 2 weeks soon then. Peace out y'all, the ships sinking fast and I'm making sure I get a lifeboat. GLTA

Is anyone able to clarify what to expect on the 26th. Is this just Europe, Middle East, Asia (EMEA) or is this also in the states? Is it an offer of a VSP or a RIF? The posts have been vague.

Are VSPP offers enhanced any or are they just regular layoff/severance package rates?

Have there been any offers to anyone other than Techs?

Anybody have any updates on layoffs or VSPP offers for outside techs now that the fiber is gone? Being as short handed as we were when I retired in December I can't imagine they would but the people running the show aren't exactly the smartest people in world.

I am in the January VSP group. What a relief to receive AIP today, and the net amount was around what I expected, maybe even a little higher. It's nice to close another chapter. Party at my place!!!

My area is getting rid of our contractors, and not backfilling even after a large VSP leave. Checking to see if other areas are experiencing the same in the very near future. Is CF trying to get the rest of us that’s left to just quit? Entire company has fallen apart more in the past few months, just when I thought it couldn’t get worse but yet HR pretends we’re stronger than ever? Have they read comments from our members or providers or even employees? Leadership definitely doesn’t know how to read the room.

I saw here that union folks might get the option. If Verizon's planning another big round of cuts, even if mostly retail, wouldn't it make sense to start with VSP and then reassess? That way, people who really need to stay have a better shot, while plenty of people I know would jump at a voluntary package. I know I would.

Does anyone have any information on upcoming RIF or VSP? Please share what you know.

I was expecting a piece of mail from Lake Mary FL last week. I got a photo of it from the USPS but I never got the actual letter. Can anyone tell me what it is and if it's worth the trouble of tracking down?

I assume most posters here are from the commercial side. Does anyone have insights into how things are going on the FEPOC side? Morale? VSP impacts? The organization became very top-heavy over the years, and I know a lot of VSP electees were MLT/SLT/ELT. However, there were also some seasoned "regular" employees with tons of technical and/or business knowledge who departed.

Great source called me and said there's chatter of VSP in March. Anyone else hearing anything? I bet a lot of ppl sign up for this one. I'm in!

During our end of year reviews several of us have been told that there is a good chance of a VSP in March. I find this hard to believe so soon, but it keeps coming up! Has anyone else been told this?

Anyone else heard the rumor of a VSP in March?

Things have been quiet but we know budgets are still tight and headwinds are only increasing. Something is definitely brewing. How likely is it that they offer a VSP to push out more expensive employees? I recall a post here from a few months back that mentioned this being a possibility. Any new thoughts?

As many of you know, there are almost 300 spots for VSP in France.
Till now, only a punch of people (less than 30) have applied.
They are basically offering the same package of 2 years ago and expecting people to leave lol, especially with the current situation

On the eve of the final VSP departures, it appears leadership missed their training video https://www.youtube.com/shorts/FeP6UJUUtsQ

I heard that VSP is being offered company wide now. I guess involuntary may be a few weeks or months behind.

Only counted two on Linkedin announcing the news... I'm guessing not enough old guys leaving to stop the second phase... involuntary layoffs.

Can anyone confirm the 2Q VSP rumor?

Long time lurker, first time posting. I know we're all recovering from the Nov cuts, but I’ve been bored and reading the actual filings for the Frontier deal, and something isn't adding up.

The Union Shield: I saw the draft decision from the California judge (CPUC) yesterday. It explicitly says Vz agreed to 'No Involuntary Layoffs' for California union folks for 4 years to get the deal passed.

The Money: If they need to cut $500M in 'synergies' but can't touch the fiber techs or union reps... doesn't that mean 100% of the cuts have to come from Management/Admin?

The Calendar: The DOJ deadline to close is Feb 13.
The Kicker: The Nov layoffs happened Nov 20. The 90-day WARN clock resets around Feb 19/20.

Am I crazy, or is the company legally set up to drop a massive VSP/RIF on management specifically in early March? It feels like they are waiting for the 90-day clock to clear so they can target the non-union side.

Anyone else hearing whispers about March?

Rumors have it that very few people took the VSP. Do anyone knows if there might be layoffs coming in early 2026 with the low oil price environment? What are you hearing from your end?

No increase in VSPP offering!???

I got the email. I am a high performer so it was not based on that. I suspect the offer is age based to get rid of the high salary folks. I am 62.
Exit date May 31 2026.
Depending on your level 8 - 26 weeks severance (26 weeks is VP level).
RSU - an additional year of vesting.
2026 Bonus will be pro-rated.
30 days continuation Medical
18 Months Subsidized Cobra (you pay what an employee pays).

Thought might be useful info, so bumping the post up. OP: @aq+1kbjqa3b6

Setting up a new computer today and my access to the severance portal and Verizon benefits connection are no longer working. I haven't logged on in a minute so not sure when this issue started. Anyone else have this problem or know who to contact?

Human Capital had a meeting yesterday and to say that it showed the firm is going nowhere. Over 10 years and none of the HC leadership has ever been any good but if we are trying to "Project 2030" what is this? SM has no direction, just all over the place and the new structure makes no sense to anyone. On the Zoom the usual suspects who kiss up everywhere they go were doing the fake cheering but behind the scenes everyone is like "what is this?"
We have a GP over wellbeing, when is the last time you saw something come from wellbeing?? There are like 4 GP's in talent, two "shared?" for the HR Managers, a GP for inclusion when I thought we got rid of DEI. Just, stupid. How is SM helping PP make decisions about plagues like DC when she can't make her own decisions? This place is going down fast, can't wait for the next VSP I am out of here before the whole place burns down.

Why didn’t VH have Q&A at her townhall. Seems like something is brewing. Surely she knew people would ask about the VSP and layoffs.