Word on the street from a credible source is that tomorrow they will announce the location cuts and on Thursday is when the top 10% highest base pay employees will receive their severance email.
Never understood why they make their cuts based on pay, when your top performers are the ones who are paid the most for a reason.
Total cr-p. Fake post. Notifications are always made live - in person or over the phone.
"Word on the street..." @OP
Thanks Huggy Bear
If you don’t get caught up in this RiF you will be caught up in the next one. The time is coming for all of us because Dan wants us so lean things break.
I heard from a credible source from around the way and down the block that you're talking straight out of your a-s
@b1 BS everyone at site closure locations are just being converted to 100% remote...you lying l-wlife ja----f.
May 7th is the RIF date. They will not do RIFs the day Basking Ridge is having Take Your Kids to Work Day. Employees affected by site closures will get the email on Wednesday.
ADs and LMs with less than 8 direct rents getting whacked. And rightfully so in my opinion. Come on n they can cover triple or more.
Absolutely garbage... top 10%. Such ridiculous bull to get what, people more scared than they already are? Why waste time doing this?????? Just do your job like the rest of us!
100% accurate. Was Top producer, highest salary base along with 5 other top petformers... who were Non Commission base but 30 year base and all of use got Rif'd last go around. While we all were ready to roll... primary choice and we were told high base/commissions was the reason.
Still have close friends and told Round 2 will be same priority .
Remember, CEO was hired to eliminate... obviously not to execute ba strategy.
OP - you do not even know how layoff works in Verizon,
getting words from the street with reliable source, okay, which street, city and state ?
Layoffs have always been on Thursdays in this company.
I don't argue that salaries are taken into consideration but they are just one consideration.
I call BS
That’s the d-mbest way imaginable to rank talent unless you just need bodies who can perform mindless tasks with no accountability.
Email seems different, usually they call or meet with the impacted virtually. Also doesn't align with my Sr. Director having the SMs stack rank us this week? If lists were made why ask for a stack rank?
Each segment of the business. Sounds like it may be as direct as each team.
That's the same effective strategy used by Circuit City if I recall.
10% highest base pay in each department or in the company?