Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

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You know the company is desperate when they use Sean Menendez and 2 teenage girls to advertise. bwhahahahaha what a joke!

PBGC rate going down again .50%

More $ in my pocket. Thanks VZ for VSP and waiting for lump sum pension. The rate VZ guaranteed was 1.25% until 7/1/19 however, the rate went down to 1% then to .75% and now it be going down to .50%. For every quarter % it goes down the Pension lump... — read more 

Nothing good to say

Was asked by a friend's son if he should apply for a job here. Both of them were shock by everything I had to say - not one positive word about Verizon and a firm push to stay as far away from here as he possibly can. Which had me wondering... — read more 

Pension question

Does anyone know what happens to a pension if you leave before the unreduced collecting date?....say for example you have been vested but still have a few years before the un-reduced thing?..is it all lost or you still get some as lump... — read more 

VSP Bucket List Vacations

Where have you taken your VSP vacation? Me.. London Munich Berlin Vienna Prague Bratislava Warsaw Thank you ...wait I actually forgot new CEO name..my post traumatic disorder is finally over. Thanks for the memories — read more 

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| 1011 views | | 4 replies (last July 19, 2019)
Post ID: @OP+1022hE4U

Laid off coworker is back

Didn't get a chance to talk to him yet, but for the life of me I can't figure out why he would want to return to Verizon after everything that has happened - and after knowing full well what kind of work environment we are subjected to on daily... — read more 

Verizon sought buyers for Yahoo Finance

https://www.reuters.com/article/us-verizon-media-exclusive/exclusive-verizon-sought-buyers-for-yahoo-finance-sources-idUSKCN1U62AO Really dumb move, like SO MANY dumb moves Vz has made outside its core competency. Yahoo Finance is one of the best... — read more 

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| 1300 views | | 1 reply (July 11, 2019)
Post ID: @OP+ZZzQQIH

Finance Transformation A Decade Later ...

What has changed except spending 100s of millions dollars, more SVPs and a plan to go to SAP which is already two years behind schedule. Isn’t ROI a finance function?

Unemployment

I know some states are allowing VSP ers to file and collect unemployment benefits. Has anyone in NY applied and successfully received?

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| 1220 views | | 1 reply (July 10, 2019)
Post ID: @OP+ZY14fxN

They will outsource everything they can

It will all end sooner or latter, they will outsource everything you can count on it. So keep on earning and take advantage of the perks like tuition reimbursement. Do as much OT as you can and build up your reserves and get those resumes up to date... — read more 

VSP 2.0 Coming Fall 2019

Planning has begun for the next round of VSP. Similar timelines as last year. Identical offer. I work in BR and heard it from several Directors. I guess this is the Hans way. Better than RIFs.

What is Verizon's long term goal?

What kind of a plan with positive results as end goal includes getting rid of nearly everybody with any experience and inside knowledge of how things work and replacing them with cheaper and significantly less skilled people? Can somebody please... — read more 

EIPP in the future?

Quite a few of the chronic long term disability brothers and sisters in my area, who've been out for years and waiting for the super EIPP, seem to be calling it quits recently and retiring without. Anyone else noticing this phenomenon? Hmmmmmmm... — read more 

Being transferred to Verizon Data Services

Just got an email that I’m moving from Wireless IT to whatever Verizon Data Services LLC is. I know big changes are coming but not sure what to expect from this.

IT Jabber Sessions

Raise your hand off you have left the company and dont miss manning Jabber group chat sessions any longer as part of your job. Bonus points for this brave enough to share in the comments the command used to enter that group everyday.

Congratulations to all leaving today with VSP

For many VZ coworkers today is their last day and I just want to say Congratulations for a job well done! There is life after VZ it may feel a little scary and unsettling right now but believe me your life is about to change for the better. LESS... — read more 

Forget VZ - I went magenta!

I was a sales rep, I got tire of the VZ BS. Unrealistic expectations, terrible commissions, poor customer service initiatives, constant layoffs, major disconnect from top to front line, and terrible culture. I couldn’t take it anymore, and went... — read more 

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| 2740 views | | 15 replies (last July 1, 2019)
Post ID: @OP+ZLT1whb

Last of the VSP

Final week for those remaining who signed on for the VSP. Congrats to all of you who stuck it out, dealing with the work left behind by those who accepted the offer and exited before you. If you are continuing your career somewhere else enjoy a break... — read more 

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