Thread regarding Verizon Communications Inc. layoffs

Layoffs

I’m pretty anxious about the upcoming layoffs. Especially if they are before the new year. My wife and I are expecting a baby soon and are heavily reliant on our insurance currently. Insert panic here.


by
| 6778 views | | 28 replies (last November 4) | Reply
Post ID: @OP+1k8v5f6yz

28 replies (most recent on top)

As long as a good percentage of the RTO bootlickers get swept up, it'll be a net positive.

Less self-proclaimed activity monitors and less impotent whining, about the strong-willed among us who are able to work independently, produce strong and consistent results, and don't rely on brown nosing to maintain employment. What a net positive for the enterprise

I'm looking forward to it. As you gather your belongings on your way out of your dear office building for the last time, be certain I will laugh. A big, side-splitting, tears-down-the-face laugh.

by
| | Reply
Post ID: @zc+1k8v5f6yz

@bg+1k8v5f6yz health coverage is provided for the same number of weeks as your severance, capped at 35 for band 6 and below.

by
| | Reply
Post ID: @wp+1k8v5f6yz

@OP, Verizon is no longer the company where you can find job security in a growing company. You will be faced with RIF's every 6 months. Starting a family here in Verizon is not a wise one. Start looking for a new employer; one that values their employees. Yeah, it su-ks but you have a child and spouse that you need to support and long careers here at Verizon will be a thing of the past.

by
| | Reply
Post ID: @bh+1k8v5f6yz

@OP usually you'll get a decent severance package which will include health insurance for 6-12 months. Praying you get that if your unfortunate enough to be cut.

by
| | Reply
Post ID: @bg+1k8v5f6yz

@az Dan said it in the webcast today.

by
| | Reply
Post ID: @b6+1k8v5f6yz

Well, never underestimate the nutritional value of cat food. Really; it's actually quite delicious too! Ask me how I know!

by
| | Reply
Post ID: @b3+1k8v5f6yz

Why not people get impacted tell Trump government that citizens are losing jobs as these guys are shifting our jobs to India? I wish if there is a website we all can report this.

by
| | Reply
Post ID: @b2+1k8v5f6yz

I go by they/them and am more productive working from home than at the office. I’ll show up for a photo shoot in the red chair or for the vz dj party. Proud to be vz where my identity is all that matters!

by
| | Reply
Post ID: @b1+1k8v5f6yz

@ax where did you see the quote?

by
| | Reply
Post ID: @az+1k8v5f6yz

@ax that's not true

by
| | Reply
Post ID: @ay+1k8v5f6yz

CEO said "no doubt will involve layoffs"

by
| | Reply
Post ID: @ax+1k8v5f6yz

@ap seriously, why do you care? You obviously don’t work for Verizon if you’re asking that question.

by
| | Reply
Post ID: @aq+1k8v5f6yz

@ak what’s VGS?

by
| | Reply
Post ID: @ap+1k8v5f6yz

VGS long term plan does have engineering going to India. All part of the fit to win plan!

by
| | Reply
Post ID: @ak+1k8v5f6yz

Send em all back to where they came from....asap...no more stolen jobs by non-citizens.

by
| | Reply
Post ID: @aj+1k8v5f6yz

any position that can be done by AI is being considered

by
| | Reply
Post ID: @ah+1k8v5f6yz

@ad where did you get that info? All these people on here making bold statements but nobody wants to give idea of their role and how they got their “info”

by
| | Reply
Post ID: @ae+1k8v5f6yz

@a8 we are always getting cut and outsourced. We are already a skeleton crew as is.

by
| | Reply
Post ID: @ac+1k8v5f6yz

@a6 what engineering? There are many.

by
| | Reply
Post ID: @ab+1k8v5f6yz

@cn+1k8rsgz6w incorrect. The number of weeks of covered insurance is the number of weeks of your paid severance. However, you can continue COBRA coverage after that at your cost for up to a total combined of 18 months, assuming you don't find another job with benefits right away. Not sure how those costs would compare to the ACA, especially given the current state of the subsidies.

by
| | Reply
Post ID: @aa+1k8v5f6yz

@a6 You're correct. Engineering is going to get cut hard and outsourced.

by
| | Reply
Post ID: @a8+1k8v5f6yz

@a6 I'm in the retail space and I am stressing out myself

by
| | Reply
Post ID: @a7+1k8v5f6yz

@a3 engineering

by
| | Reply
Post ID: @a6+1k8v5f6yz

I believe coverage is 6 months VZ covered cobra no matter# weeks severance paid

by
| | Reply
Post ID: @a5+1k8v5f6yz

What department are you in?

by
| | Reply
Post ID: @a3+1k8v5f6yz

You should be fine. You’ll receive continued coverage equal to the number of weeks in your severance. In the meantime, look for a new gig

by
| | Reply
Post ID: @a2+1k8v5f6yz

Buckle up buttercup

by
| | Reply
Post ID: @a1+1k8v5f6yz

Post a reply

: