Thread regarding Verizon Communications Inc. layoffs

Prepare of Layoffs Checklist

  1. Document, build a portfolio of your best work

  2. Duplicate important contact information to private accounts

  3. Build relationships with your coworkers

  4. Build an emergency fund

  5. Get private unemployment insurance (cafii.com or safetynet.com)

  6. Ask for an explanation of why you're being laid off, ideally in writing.

  7. Ask when and how you'll receive your last paycheck.

  8. Ask when your benefits (like health insurance) end.

  9. Ask whether you'll receive any severance.

  10. Do not resign

  11. File for unemployment benefits

  12. Be ready to document your job-hunting efforts (need this for unemployment).

  13. Consider your options for short-term income.

  14. Update your budget (or create it)

  15. Call your creditors and update them (if you cannot make payments)

  16. Massively cut expenses you can live without.

  17. Save, save, save…

  18. Talk to friends and family – vent

  19. Make a plan for self-care – take care of your health

  20. Ask for help if and when needed

Anyhow, some points are #awesome, some not that much...

Took #gold this from https://www.cleveland.com/expo/news/erry-2018/12/82ab0f21bb4909/21-tips-for-surviving-a-layoff.html

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| 3751 views | | 4 replies (last March 24, 2020) | Reply
Post ID: @OP+WsOTLa9

4 replies (most recent on top)

This is a very good layoff checklist.

Thank you.

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Post ID: @7Gzje+WsOTLa9

IncomeAssure is no longer accepting new customers. Safetynet doesn't offer all that much. Max of $9K lump sum for $30/month. Didn't find any other options.

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Post ID: @1gil+WsOTLa9

Fine print on that Safetynet.com plan says job loss within first 180 days of plan is not covered lol.

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Post ID: @ywd+WsOTLa9

What's "private unemployment insurance" - can we take this now? Like a month before we get the axe?

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Post ID: @azq+WsOTLa9

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