Anyone else in New Jersey that was on payroll until Feb 20 still waiting for their Stock Together payouts? I know Verizon monitors this space too, so what are you clowns doing? Bad enough you kicked everyone to the curb, but now our money is in limbo. Current employees got their payouts on 3/10, so where is our money!
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Have you logged into your Fidelity account? I went through this whole process already and honestly the stock together was the hardest part for me to understand, but if you go into Fidelity and check your brokerage account, the info is there. I agree with the other post in that Verizon is not going to short you especially at this time.
The value went down already. Verizon loves to sc--w employees.
@ht No they don't
I’m in NJ as well. Was told we would be paid 60-90 days after term date. Not understanding why we didn’t get paid the same time as current employees but thankful I’m fully vested and getting paid on all - just not clear on when!
VZ is not cheating anyone. The stock together full vests on your termination date. My last day was in Jan. I received the first 2 stock awards (cash payments) the 2nd and 3rd week in Feb. I am still waiting on the 3rd which is shares of VZ stock. Just waiting for it to be available.
Listen even though everyone is not okay with being laid off. If you had some years at Verizon they definitely take care of you with severance.
@dw all employees who received the severance package are being granted all of the Stock Together awards. So even the units that paid out 3 years from now were fully vested, and they also show that they paid out om Feb 20, 2026. Yet the money still hasn't appeared in the brokerage accounts. Once in the brokerage accounts it is your money free and clear.
If i'm not wrong, end of March, payouts will be processed. I don't think VZ is cheating in this aspect. 2025 allocation, you get stocks in your individual trading account and years before cash in account (post tax deductions).