Thread regarding Verizon Communications Inc. layoffs

RSU and vacation payout?

Do the employees who were laid off get paid out on their vestedRSUs and vacation days? There was no reference to it in the payout document I saw


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Post ID: @OP+1kr6sypc4

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I will have my whole 300 unused vacation hours to cash out!

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Post ID: @aj+1kr6sypc4

@aa - incorrect, your PTO is still accruing until the last day of employment

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Post ID: @ae+1kr6sypc4

the RSU will vest. they will pay the accrued vacation. also they will stop accruing your PTO from the time of notification. so payment will only be on the accrued vacation days prior to the notification.

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Post ID: @aa+1kr6sypc4

Read the numerous posts that cover this exact question.

Unused and accrued PTO days are cashed out. Discretionary/floating holidays are NOT.

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Post ID: @a5+1kr6sypc4

@OP yes they do

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Post ID: @a2+1kr6sypc4

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