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?
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@dh a package would only help me leave earlier, I’m probably here a couple more years, but with a package I’m gone now.
@OP People on here saying they are waiting for a package to retire, sometimes your fairytale package never comes . Next thing you know, you wasted many years when you probably still could have retired very comfortably. I know people waiting for an offer for years
I have seen many leave, but since the VSP/RIF cycle kicked off most who would go on their own hold out for the next severance package, much as those in the union wait on the next EISP.
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Bingo! Wait it out and get a package. Never leave for free
@az because why in the world would you retire when you can just wait for a package?
@at the incentive to retire is to maybe go enjoy life a little before you die and not worry about going to work. You can’t take your 401 without you to the grave
@OP In nearly 25 years with wireless engineering, I saw three people that retired on their own (not taking VSP, volunteering for RIF, being RIFFED, Senior people being squeezed out, etc.). That is something that I never thought about before
For management, there is no real incentive to "retire". You don't really get anything extra besides a discount or two.
well people hang around and wait for a VSP or EISP. So non seperation policy retirements are always going to be less than they'd be otherwise. plenty of people are here a long time and delay retirement until they get a package. VZ Core is absolutely chock full of long timers. Often the newest people in a work group are in the 10-15 year range. Also if you are around retirement age and you get laid off.... you are still here until retirement for all intents and purposes.
Every union member has left on their own terms. Everyone retired.
I bailed out with VSP in 2025 and retired early. Glad to be gone and feel for all those veterans still left there. The downhill slide started in 2015 and it clearly hasn't stopped. Its an optics game now, not results.
The blame lies solely on senior leadership, their hubris, boondoggle decisions and all the people promoted for all the wrong reasons.
Even the people that "retired" were simply retirement-qualified people who got laid off!
Seeing a variety of numbers, but no reference of time with the company or job function. In GNT, only seen a couple with a little over 10 years in. Working out of a MTSO, almost exclusively with people in the tech field. Guessing if you are working in a large office with non-tech folks over 25 years, you may have seen a few more people retire. Still though, seems some not in the tech field ("leaders") think a coder is a coder, and engineer is an engineer, and the laws of physics somehow change over the years... I.E., if you are older, you are behind in your knowledge base, so you can be replaced with a cheaper, inexperienced person.
@OP Easily about 15 without even thinking hard
This isn’t a Verizon issue. It’s a corporate life issue. Ageism is prevalent unless you are at senior leadership level.
Maybe 2 or 3 in the last 10 years
Seriously? Many folks over the years. Likely 75-100
about half a dozen people 60+ took the VSP two years ago in order to retire.
two folks I know well (Band 5) both volunteered for the RIF in November in order to retire.
Plus one person who turned 65 and just retired at the end of that week...
So yeah, quite a few.
literally one.
Plenty have been kicked to the curb. All of them were around too long.
Very few leave VZ on their own terms. Expect to eventually be RIFd at some point. In the meantime, prepare.
oh, tons. seriously maybe like 15-20 if not more