https://fortune.com/2024/09/12/verizon-eliminate-5000-employees-2-billion-cost-cutting/

I noticed this article: https://www.msn.com/en-us/money/companies/verizon-puts-price-tag-on-buyouts-and-says-nearly-5-000-employees-are-leaving/ar-AA1qsRje?ocid=msedgntp&pc=HCTS&cvid=e000c2bed28547529acad0f03256a7ab&ei=11 With 4,800 employees... — read more 

What's the package Vz is giving? Need to add healthcare plan to the package if not offered until reaching age 65 where Medicare kicks in. We should set this as the base for Telecoms like AT&T, T-mobile, Comcast, Nokia, Ericsson, Samsung, Cisco... — read more 

Any idea what else is going to be sold off? Towers have been mentioned earlier this year??? The company added in the filing it plans to cease the use of certain property assets and exit “non-strategic portions” of some businesses. This will result... — read more 

Wow. Santa Hans offered you the VSP and you didn't bite. Now get ready for the heads to roll. You could have left with a big package, but now you will get what they give you. SAD!

Is there a target headcount reduction number they want to meet by doing layoffs on top of VSPs?

https://www.marketwatch.com/story/verizon-puts-price-tag-on-buyouts-and-says-nearly-5-000-employees-are-leaving-d29f4c15#comments_sector Verizon Communications Inc. said Thursday it expects charges of up to $1.9 billion in its third quarter in... — read more 

Any news on additional layoffs in GNT for 2024?

What are you all going to do with the VZ logoed apparel you'll collected over the years?

Congrats and good luck to everyone with a 9/13 VSP date. My closest work friend took it and will be retiring. I know today will be very emotional for him. Others in our building who took it are feeling the emotions too.

Question to all you good folks ? Does VZ have a traditional pension . I know when I was RIF they gave me a nice settlement because I had a major number 72. Which is age plus service years. What are they offering to long term service employees ? ... — read more 

Very disappointing to not get acknowledged by your peeers again. I set you id--ts up for success for a major project Only one person thanked me. ridiculous

It’s rumored that notices will be going out on the 26th. It will allegedly not stop there, but more will be coming by the end of the year. Can anyone confirm this is for real?

Verizon used to be exciting with new product launches to rally behind. Its not longer the case. There are no new products on the horizon, and all we do is drop our prices, reducing revenu; and look to see where we can save another penny. More work... — read more 

News on Wall street must be positive as VZ stock price has been going up this past month. Must be reduction in labor as the key factor.

How is attrition this bad during such a rough job market? People are leaving, but where in the world are they going? Is there some secret amazing employer I’m missing? Or are folks just so over Verizon that they'd rather be jobless in these uncertain... — read more 

HCL has confirmed they will begin monthly layoffs, with the first off-payroll date of Nov 1, continuing until the acquired employee base reaches a total of just 600 former Verizon employees.

Taken from an earlier post I am wondering whether the Union will give their okay if the Company should decide to allow additional union members to volunteer to leave with the EISP beyond the stated number. I realize that unions are not only an... — read more 

Here we go again with RIFs mostly in Finance. Get those resumes updated and good luck

But those were “a totally different type” of asset, based on a different standard, Verizon Chief Executive Officer Hans Vestberg said in an interview on Bloomberg TV. What different type 3 fiber rich states Florida California and Texas. I still... — read more 

So , we depart on Friday the 13. This basically means that off payroll the 13th. Our next check after we leave will include any remaining vacation time plus 1 week of actual pay worked.

Next Friday ends a 25-year run. There are tons of things to question, but it’s hard to complain when being paid to leave. As things wind down, I’ve been thinking about the VSP…. HR said to do what’s best for your family – but hard to do when no... — read more 

Anyone else feeling that way lately about the CMO org? Seems like all the good people have either left, are leaving, or are planning to leave soon. Poor communication, lacking visibility with Leslie, and backstabbing rewarded with promotion and... — read more 

Anyone else having difficulty accessing the vsp portal to sign documents?

Don’t relocate, don’t lose time coming to some hub. All they want to do is to make you quit or create conditions you can not meet so they can fire you. Think about what is the best thing for yourself and act accordingly. I personally don’t think for... — read more 

The company is moving further and further away from the remote workers it stranded when it closed all the call centers. More work is being shifted offshore every day. Most technical jobs are now in India only. For months you've had to know the... — read more 

Looks like we are doing it again, buying something for more than its worth. Was looking at the Frontier layoff site and there are plenty of rifs there as well. And someone who could tell the future back in April saying Vz was buying Frontier. We are... — read more 

Remember when doing great work at Verizon meant you were on the fast track? Going above and beyond used to get you somewhere. Nowadays, it feels like mediocrity gets all the praise and rewards, while top performers are being pushed out the door. How... — read more 

As in another ISP offer coming before the end of the year?

So with this buying of frontier I would think it would bring more work less Riffs //

I thought VZ sold off Fios, Landline etc in 2015 2016 in certain areas like Ca, Fl and Tx for like 10.5 mil!

Buying back the assets we sold to Frontier. John Stratton leaves Vz, becomes CEO of Frontier then sells Frontier to Verizon. https://finance.yahoo.com/news/verizon-nearing-deal-frontier-communications-175129593.html

My job after leaving Vz requires everyone to take bribery and corruption training. The hilarious thing is that the first example of consequences of corruption violations used in the training is the Ericsson corruption and bribery case that occurred... — read more 

I know there have been basically three different IPPS that craft is occasionally offered. IPP, Enhanced IPP and super EIPP I think? What exactly is offered with each type? Is the extra cash given in a lump sum or over time? Thanks in advance for any... — read more 

The only one I have at this point has nothing to do with Verizon itself. The job market su-ks and I don't feel like dealing with rejection, since that's most likely to happen a lot. That's it. That's why I'm not leaving just yet. Everything else... — read more 

There will be another isp offer in the new year I was told by a union official unsolicited

Another isp is coming in the new year for union members I was told by a bidg union official unsolicited.

They are gutting HCL former team members. This place will be a sis. So sad for the. Hans standing around watching things burn with his snarky attitude and DEI lackeys

I’m relatively new. I know last year it was November.