Thread regarding Verizon Communications Inc. layoffs

VZ Hunger Games, What we know...

Union locals declared surplus, and offering EISP through Nov 25 2025

ZERO non-union layoffs have occurred but are anticipated Nov 20 2025

Frontier acquisition anticipated 1Q26

GNT re-org

What else ? And / Or make corrections here.


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| 2072 views | | 9 replies (last November 12) | Reply
Post ID: @OP+1k9sw6mcq

9 replies (most recent on top)

We were asked if we wanted to volunteer for the great RIFening of fall of 2025, that our org had to shed 15%, and that notices would be communicated to those impacted by Nov 20.

GNT

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Post ID: @e3+1k9sw6mcq

@c3 for example, 5V (Sr Directors) are capped at 52 weeks of severance.

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Post ID: @c8+1k9sw6mcq

@bw
“ 2 weeks per year of service, up to a maximum cap per job band”

I’ve never heard of a person band maximum.. just 2 weeks for every year, capped at 20 years..

What are the “band maximums”?

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Post ID: @c3+1k9sw6mcq

Layoff Communication Timeline
• EVP/SVPs: Notified last week
• VPs: Being notified this week
• AVPs/Senior Directors: To be notified next week
• Direct Managers: Will notify impacted employees on 11/20 via phone call only (no WebEx or video)

Post-Notification Details
• Impacted employees will be removed from payroll on:
• 12/20, 1/20, or 2/20, depending on state notification rules
• After notification:
• No office visits allowed
• Work limited to transition duties only

Compensation & Benefits
• Bonuses: Paid out at 100% for the year (no proration)
• Accrued vacation: Fully paid out
• Stock awards: Will fully vest at their scheduled times — no loss of stock value
• Unemployment: Eligible, even if listed as “forced retirement”
• Severance:
• 2 weeks per year of service, up to a maximum cap per job band

Additional Context
• Further layoff rounds expected over the next couple of years
• Current phase involves 20% cost reductions
• Company undergoing major restructuring — work methods and operations will significantly change

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Post ID: @bw+1k9sw6mcq

15% or 15000 employees is estimated at 1 to 2 billion per year savings, but when you add back in the 12000 from Frontier its a wash.

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Post ID: @bv+1k9sw6mcq

No VSP's are talent buy outs. You are just bitter you spent 30 years of your meaningless life climbing poles and pulling wires.

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Post ID: @bt+1k9sw6mcq

Was the VSP Management welfare? What a dou--e.

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Post ID: @ae+1k9sw6mcq

Go figure out how to make 5g better than other providers first

U people failed your fired

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Post ID: @ab+1k9sw6mcq

It is no EISP. It is union welfare.

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Post ID: @aa+1k9sw6mcq

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