Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Layoffs Are On The Horizon!!!

This restructuring provide Verizon the ability to reduce the CS workforce by making all CS employees be trained in all business segments. With the continued closings of call centers Nationwide and moving most if not all to Home Base Agents (HBA)... — read more 

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| 2901 views | | 6 replies (last November 11, 2019)
Post ID: @OP+11Vc43rL

Verizon has one major issue: Talent Retention!

This one simple and yet so fundamental. Folks who have marketable skills would have walked out long ago. Those who are left are constantly worried about the next round of cuts, unable to focus on their work and fed up with having to take on... — read more 

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| 1800 views | | 5 replies (last November 10, 2019)
Post ID: @OP+11VYmNJN

verizon lump sum flyer

just got it in the mail showing how much we will lose if interest go up and suggesting it might be a good time to retire. can you believe it? rates go up and down all the time but I doubt they will be going up anytime soon. there actually going down... — read more 

We are all in the same boat union or non

Does anyone realize that low level union and non union employees are in the same boat sink or swim?Mostly Sinking !!So who cares they gave management a extra week vac.Great for them .I get it we definitely have some management around that we... — read more 

Vacation policy

I love the hurt union feelings on the eweb on the vacation policy for management.

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| 5670 views | | 37 replies (last November 7, 2019)
Post ID: @OP+11NGgWq3

401 dividend pass through option

I take the dividend pass thru each quarter for my VZ dividends from my 401k plan. Does anyone know if that pass thru option continues when you retire?

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| 1640 views | | 7 replies (last October 29, 2019)
Post ID: @OP+11J8mfh3

Seeking Alpha: Verizon Is For The Tortoise, Not The Hare

Seeking Alpha: Verizon Is For The Tortoise, Not The Hare https://seekingalpha.com/article/4298348-verizon-tortoise-hare I hope we get an update on the savings realized towards the $10B target on this Fridays Vz 3Q 2019 earnings call.

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| 1450 views | | 4 replies (last October 25, 2019)
Post ID: @OP+11Fs74ry

Change to Verizon Services Organization

seems like many folks in VCM organization received a notification from payroll team about a company change to Verizon Services Organization LLC. Change is effective November. Payroll details will change but benefits etc are the same as today. Not... — read more 

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| 1940 views | | 2 replies (last October 24, 2019)
Post ID: @OP+11EDwK3g

Two more people just walked out

Verizon doesn't have to lay people off, they've created an environment in which everybody wants to leave on their own. Diabolically genius, when you think about it.

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| 2440 views | | 4 replies (last October 28, 2019)
Post ID: @OP+11DO0e0A

Band 7 to Band 6

Can someone please tell me the salary increase when promoting from Band 7 to Band 6? Is this a general 10% increase or more? Thanks.

Company change

Anyone get this today? Suspiciously right before RIF season

Rumor or not, eisp

My finance guy said a few days ago a solid rumor came out, optimistic, then talk picked up here on a Cpl thread 2 days later. So what's up, just more be or are there any real hearsay.

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| 2750 views | | 9 replies (last October 30, 2019)
Post ID: @OP+11ATGEv3

If contract is extended?

How many would stay till the end of the next extension? I think I would stay even though I would have 33 years by the end of this extension. I can't be discriminated against because of my age, I think the company would have to find me a job I can... — read more 

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| 1640 views | | 9 replies (last October 19, 2019)
Post ID: @OP+11AgPrVg

GATT and PBGC definitions?

I believe the GATT rate is simply the interest rate of the 30 year treasury bond, right? How is the PBGC interest rate deturmined? Also will these two different rates ALWAYS move in the same direction?

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| 1270 views | | 7 replies (last November 1, 2019)
Post ID: @OP+11zRQgSo

Extendeding contract

The word is that company is already asking union about extending contract.

When 5G isn’t the magic they thought

What will they do? 5G is not quite up to the hype, and signal strength is already as high as can be. Many towns are blocking or stalling build because of safety concerns. So when the magic wand they are betting on turns out to be just a stick... — read more 

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| 1750 views | | 7 replies (last October 19, 2019)
Post ID: @OP+11zTeqF8

Virginia region

What's it like working for Verizon in the Virginia (northern) region? What union represents this area and how long left on their contract?

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| 1110 views | | 2 replies (last October 17, 2019)
Post ID: @OP+11ylp3Ca

EISP time running out

clock is ticking, so many rumors but nothing. if you don't have an offer in your mailbox by sat. nov. 8th there wont be one until maybe end of next year. at least we will know for sure all the posts about an offer were total BS, and I know for sure I... — read more 

Verizon Connect

Any details on what this round of layoffs/severance Mena for Connect? Will they actually be included this time?? Or have the option ....

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| 1350 views | | 3 replies (last October 17, 2019)
Post ID: @OP+11yPnhWj

So is company lump sum amount wrong?

And if so, are we just supposed to accept that? If my assumptions are incorrect I apologize in advance. I am under the impression that as of yesterday we should be seeing a lump sum estimate on Benefits Connection that uses a 0% PBGC interest rate... — read more 

TEMP EMPLOYEES

Any news on temp employees becoming permanent? Company sent a lot of temp line guys back to training and still sending the rest. Some temps only have 6 months left on contract and still no news about future.

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| 1550 views | | 6 replies (last November 9, 2019)
Post ID: @OP+11yf2Ghl

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