Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Pension

Quick question... I am 45years old with 15 years of service as a service field technician in Maryland, do you think Verizon will ever attempt to freeze the pension during contract negotiations? After reading that some of the pensions range from... — read more 

Work Life Balance at Verizon

What do you guys think about the work life balance at Verizon ? I work in IT and have two kids.. and on the brink of a break down... My boss obviously does not care nor does the Shank's party of losers in 2.0. Some one needs to fix this... — read more 

Layoff Thread 2019-2020

News/ latest updates on the upcoming layoffs (Even though some of you are saying that they're not going to be any layoffs, what's the definitive information?)

Are more layoffs coming by the end of the year?

This is just my logic and my hunch, but as this was a pretty turbulent year at Vz, I tend to think that they will want to sum up all that they’ve been doing to cut costs and arrive in the new year with a lesser workforce. Is that something that could... — read more 

EISP

A lot of financial advisors are saying that a package is coming, the reputation will be on the line if it’s not true. Ssdac and Service reps were told by their district managers.

Don't forget your 780-Cs and all earlier 1465(a) certs

1340s and above are safe for now. Get your Q-7 certification ASAP as it's being used in the red team/blue team rankings. Don't forget your 780-Cs and all earlier 1465(a) certs, as these are being used for evals too.

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| 775 views | | 1 reply (August 23, 2019)
Post ID: @OP+10GrvzBy

a lump sum question about age effect

Hoping that some of the smart people here can enlighten me on this subject. I completely understand how the GATT rate going up or down affects the lump sum amount but I do not quite understand how your age plays into the figure. I've been told by... — read more 

2019

I left verizon a few months ago and it was the best decision I have made. I loved working there and the people I worked with. I WAS ALL ABOUT moving up in the company, and I was... since 2.0 verizon has lost a lot of great people. Seems like... — read more 

Should we fear of a mass wave of layoffs?

I ask that, in light of the talk that there will be no VSP offered this year, and that we can’t expect to see any sort of a buyout any time soon. If that, in fact, is the case should we fear from a wave off mass involuntary layoffs this year, when... — read more 

Mass Exodus in 2020:

I’m anticipating that a chunk of the workforce will leave after the disbursement of those RSU’s... I know I am. The ship has sunk, ladies.

NO PACKAGE THIS YEAR, CONFIRMED

THIS WAS CONFIRMED TODAY by my director. no big deal, they will pay me for another year to do NOTHING. gotta love it.

Layoffs post here

It's the start of layoff season at Verizon. Please post updates here.

Brain drain continues

There is a silent exodus going on and nobody seems to care... Best people are leaving on a daily bases, and I'm sure more are about to leave... I'm wondering what Verizon will look like when they succeed in their attempt to rid the company of... — read more 

No more Fios 1 News

https://www.lohud.com/story/news/local/2019/08/18/verizon-shutter-fios-1-news-costing-150-jobs/2029818001/

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| 1131 views | | 1 reply (August 19, 2019)
Post ID: @OP+10CvHJMA

GATT RATE

WAS WONDERING when the GATT rate goes up and down who loses and gains the money? if our lump sum goes down does the company keep the lost money?

Getting RIF'd ? Get Copies of Everything NOW

Once you get riffed you will NOT have access to anything including e-directory. Make copies of paystubs, Performance reviews/objectives (for resumes) VZ employee help phone numbers and W2s NOW....Once you leave these automated systems will ask you... — read more 

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| 2180 views | | 12 replies (last August 25, 2019)
Post ID: @OP+10xCCEab

PACKAGE TO BE OFFERED SEPTEMBER CONFIRMED!

A package with incentives will be offered this September to all CWA/IBEW Staff with an off dates staggard until the end of December. Areas and positions that are declared surplus will have a specific number of off-payroll staff permitted to... — read more 

No Package For Now

The union just told us last week that as of now there is no package on the table. Not even being discussed.

Verizon is a disgusting and despicable company

I am not saying they should open up the flood gates with payouts, I am not saying they should not adapt to changing industries, and I am definitely not saying they should make it easy. But to systematically, across all channels, purposely make... — read more 

network tech insight

so been thinking about applying for network technician position in NC, currently working for competitor company(no names) and things aren't looking good regarding layoffs....can anybody provide insight on what the network technician job is like, and... — read more 

How 'bout that puzzle building class?

Anybody here have an opinion on the recent company puzzle building class? To those of you who don't know what I'm referring to ... we were sent to a class where we built puzzles and talked about the new Verizon 2.0. goals and mindset. The class... — read more 

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