They review Age and gender in the lay offs. They will drill it down to each department. There is no way legal will not review the information before approving.
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@ah 'Fraid I don't agree about adaptability. I'm just as adaptable as ever. Honestly more adaptable than I was 30 years ago. You learn things as you get older. It gets easier, not harder.
You make this weird mistake to think GenX are boomers. What GenXer bought a house for 47 large? Nobody. That was the boomers! The last time a host went for that little was 40 years ago, when X was in HS and grade school! No, we didn't buy houses then.
And you're off quite a bit for your stereotypes. We were the generation that was called slackers because we didn't buy into the boomer work-a-holic ethic.
It's funny how you millennials just pull out your old boomer ideas to talk about us. It's really shows how little you know about us.
If You take away Verizon’s ability to layoff employees, especially older ones, how would Verizon be about to show profits ???
@ab Well T_Mobile has a lot of old folks too you know... I know many of them and they are all over 50.
@a7 If 8K of those people are over say 50... well clearly there is an issue.
@"Boomers need to Go."
Who's gonna pay your bills and by you video games??
Grow up Chump...it takes people from all stages of life!
Reality check;
A Simple Scenario: Typical Consumer Class Action......
Let’s play out one simple example......let's say for a settlement value of: $20 million
Stage Amount
Attorney fees (30%) $6 million
Admin fees $1.5 million
Lead plaintiff $5,000 <--------LEAD PLAINTIFF ONLY!
Majority of people $5.00–$50 Non-Lead Plaintiffs
Net for class $12.495 million
@a1 Who determines if they want to grow? During my first few years with the company, I got my MBA and said I was done with school. For my 25th year with VZ, I went back to school for a Masters in Data Analytics.
Will that even be considered or just my tenure? Years of experience in looking for improvements and better ways to do things.
@OP having been in the room and part of these decisions in the past I can guarantee you age is NOT a factor. You’re barking up the wrong tree. You’d have an easier time suing for targeting than age discrimination.
@ag Noooo… Noooo… I stayyyy.
We don’t need safe spaces, anxiety meds, and are able to put more than 2 sentences together in real time without a “like” and an “ummmm”.
I stayyyy buttercup.
@ad calm tf down, you act like you personally created the internet should be praised as such. It’s real telling by how personal you took the “genx needs to go, they don’t adapt well” when the reality is, we’re all that way to an extent but the older you get the more less adaptable we all become. You’re sitting here comparing what was developed during your generation vs what was developed during ours, it’s a moot point. You probably sit up at night telling your husband or wife that if millennials stopped buying expensive coffee, they’d be able to afford a house, all the while you’re still living in the first house you purchased that was $47,500. Humble yourself a little, this is why no one can stand your generation, all you do is complain about how everything is now and how we should praise you for what happened back then.
Boomers need to
Go
Not a VZer but the main thing driving the year-end layoff pushes everywhere is shoring up the company demographics that they need to provide to corporate health insurance providers for 2026. The company will most likely provide lists with ages to employees to show they did not do age discrimination, but age is a big factor for group insurance rates so they would trim what they can. Not sure if big families or last years insurance bills are factors that they can use or not. It is not just individuals that don't like the looks of the economic-rent healthcare system that the best lobbyists have created for all Americans. CFOs don't like it either.
What a load of cr-p. Ageism is just
another form of bias. Labeling an entire group is always a lazy and foolish endeavor.
The millennials don't even see GenX. It doesn't quite register in their heads that WE built much of the internet, and WE were the first generation to grow up with computers.
I learned programming in the 5th grade in the early 80s. I had computers teaching me basic math in schools. I started out at 300 baud. Adapt? Yeah, that's GenX to a tee. I started out with an Atari 2600, went to a C64, Amiga, then to a PC, and now Linux. Linus Torvalds? Yeah, he's a GenXer.
Who's your billionaire? Zuck? The d-bag who created Face Machine which only seems to have ruined social media? I'll counter with an even bigger billionaire dou--e who's GenX. Musk. A real di-kweed... but he managed to create Space-X, and Tesla. A little more useful than the Face Machine.
You think Vz attorneys haven’t wargamed out the scenarios? They would win any lawsuit. 😝 🤡
Get all the olds out of here. You’re the reason we’re losing to our competitors
This is why they give severance pay. You basically give up the right to sue, and they give you extra pay for sitting on your duff.
Class action lawsuit on age discrimination? Forget it. It's a su-kers bet. If someone was foolish enough to try it, you'll sit around for years hoping you'll win, which in all likelihood, you won't.
@OP it’s a definite maybe
@a1 I disagree completely. Not only if we adapted we’ve overcome so many changes in this world. Be very careful what you say about GenX - we were AGILE before AGILE.
@a1 Mass layoffs don't happen like that. They eliminate positions, not people. Companies are extremely worried about layoffs affecting protected classes, so they're run through lawyers.
In other words, when you give 15K people the ax, it's nothing personal. How could it be? It's too big a move for it to be personal. They're just canning so many middle managers, non-union positions, locations, etc.
The Older Dudes (& Dudettes) are VP+ and have admins to handle the tech Q's.
@a3 hmmm really? I’m a Gen X’r so we shall see if VZ will retain us.
One word- DOGE.
The highest value employee right now is Gen X. It may not seem like it, but companies are actively trying to hire or retain them.
I have several guys on my team that constantly complain, say they hate this place all the time and have to ask for help on tech related tasks. But I’m still worried - a millennial
The reason old ppl get let go is not because of age but because they are slow to adapt, slow in general or don't want any change.
This world (2025) requires constant agility. The Millennials want to grow and if you are older and don't want to grow, then you are at risk.