Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Q2 report is bad. I’m shocked.

I mean, if you manage a company very badly, if you sc--w over customers, if management and scope of layoffs undermine your capacity to, you know, efficiently and profitably do what your company is supposed to do, one shouldn’t be surprised that all... — read more 

Additional VSPs/RIFs?? Anyone in the know??

With the average to below average results for Q2, anyone know anyone in HR or up the chain if now the VSP approval/denial will be high enough where the approval will be higher then first anticipated or will there still be additional RIFs outside of... — read more 

VSP followed by RIFs.. Anyone in the know..

With the average to below average results for Q2, anyone know anyone in HR or up the chain if now the VSP approval/denial rate will be high enough where the approval will be higher then first anticipated or will there still be RIFs and if so what... — read more 

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The Old Ma Bell

The Days Of the Bell System https://www.telephonecollectors.info/index.php/browse/document-repository/catalogs-manuals/bell-system-we/4619-at-t-workers-dr-gged-bugged-and-coming-unplugged-mother-jones-1981/file

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Missed VSP!!!!

You'd think HR would extend the deadline given the Crowdstrike issue! I couldn't logon to make the selection, now I gotta work at a company that is heading downhill faster than Joe Biden on a gurney!

No wonder we're losing customers

When you stop believing in customer service and start cutting corners in that regard, then you can't be surprised when customers decide to take their business where they still feel valued. It's really not that complicated. Or at least it shouldn't be... — read more 

Bonus target

Anyone know if bonus is on target to be paid out at 100%?

Ambivalent

I’m one of the 20 year - old timers (near retirement age) who has checked the box. I feel like a bachelor contestant in that I don’t wish to be picked to leave, but then I will disappointed if I’m not picked, so I’m ambivalent. I like my role and... — read more 

What reasons would your VSP not be accepted?

I clicked it because I need change and so does Verizon. Does anyone know of reasons why VSP would not be accepted? I’ve only been here 5 years and have good reviews, just ready to take this as a chance to get out and get a fresh start somewhere... — read more 

Talent refresh

A lot of VPs have described the VSP as a talent refresh. What chances do some of us stand to move to different positions via promotion post VSP in September?

And now we wait.

Those who pushed the button wait to see if they were accepted and what their off payroll date will be. Those who are sticking around wait to see who leaves, how much more work they’ll pick up, and whether or not they’ll be laid off. Waiting sux! — read more 

A little financial advice for those leaving-

Do not make this mistake that I almost did. You can go ahead and roll your Traditional 401K into an IRA without any issues and it has better choices, more options for getting your money in various payouts you can customize. You can also do nothing... — read more 

I opted for VSP

If I’m refused, then get RIFed, am I getting that famous enhanced package?

Layoffs 7/19

Is it true there were layoffs on 7/19? Is it true Value had impacts?

CMO Org

Heard there were major org changes announced today. Anyone have any details? Who is moving where?

Not so many people opting for VSP?

Is this true? I’m surprised, frankly. We can expect massive RIFs immediately afterwards in order to meet cost-cutting targets. Is there some not so obvious reason people are not taking VSP? I want to take it, now I’m wondering if there’s something I... — read more 

VZ Connect

Vz Connect (telematics) doing what they do best, laying people off today.

VSP Reminder Today

Hey folks... you will get a VSP reminder again today that the opt-in closes tomorrow. Take rate has been low so far, and I am hearing that on Monday HR will start drafting plans with leadership for a RIF for the significant gap needed to close Salary... — read more 

VSP - paid personal days in MA?

Does anyone from MA know if unused personal days are paid out? Or anyone from the 2018 VSP out there from MA that remembers if they did?

VSP- who would decide the end date

Hi regarding the end date, whether it’s September, end of the year or next March, is it decided by the managers or maybe higher level like sr directors?

Flashback 2016

https://speedmatters.org/news/safety-violations-run-rampant-verizon-fails-maintain-network

VSP - 1 year from retirement age do they negotiate?

I am 1 year away from age + YOS = 75 to retire where I can have access to benefits as a retiree. Does anyone know of any one successfully negotiating them to forgo that last year, if they would I would take the package.

Rumor mill

So guys on the otherside of the river are claiming they heard that there maybe a eisp package offered in September off payroll by November.I mean can anyone that actually knows anything actually just tell us .Its rediculious that its like a waiting... — read more 

VSP Age and years of Service

Will they be releasing people from the top down starting with age oldest/years of service first, regardless. This is what is on our offer and FAQ - I am hearing now it doesn’t matter, older 50+ tenured person on high profile job stays, younger on BAU... — read more 

VSP Make the right choice for yourself.

But don’t act out of fear of being laid off later. That sword of Damocles hangs over any and everyone who works without a contract at any company. Even with a contract layoffs happen. If you’re close to retirement take the vsp. If you’re... — read more 

VSP, RIF and standard vs. enhanced package

If you were eligible for VSP and declined to volunteer and are later RIFd (whether before end of March or not), you get the standard package. If you were not eligible for the VSP and you are RIFd before end of March, you get the enhanced... — read more 

Making heads or tails of the VSP timeline

We had about approx 2 weeks from the announcement to when the window opened to volunteer. Then, they give us 5 weeks to push the button. Then they give us a week to change our mind. And then they take 2 1/2 weeks to let us know. Why? I think some... — read more 

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