Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

3/22 ers lump sum payment?

I know last friday we got our vacation pay. Any idea when getting our lump sum? This friday? Next friday?

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| 1080 views | | 5 replies (last April 10, 2019)
Post ID: @OP+YpY0n5J

Wow, like just wow!

These are the people Verizon is firing the "old folks" to hire? https://www.studyfinds.org/survey-millennials-life-more-stressful-than-ever-before/ Stress Mess: 3 In 5 Millennials Say Life More Stressful Now Than Ever Before by Ben Renner From slow... — read more 

Austin facility closing

Sorry if this was posted already, but I don't see it. Verizon is closing Austin office of Verizon Connect and laying off 133 people in the process. So basically, more of the same... — read more 

Fellow 3/22 VSPer question

Wishing you all good energy in your search of the next thing. My question is who do I contact to get our W2 now that we don't have access to aboutyou?

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| 1044 views | | 1 reply (April 3, 2019)
Post ID: @OP+Yogx5CI

2.0 = consolidate & reduce

Hi-level 2.0 talk but zero specifics. We are told customer first, embrace change & learn as much as you can. Read between the lines and don't be naive. Outsource and off shore third party support in Manila and US job reduction is what this means and... — read more 

Call Centers 2.0

Anyone hearing anything about what the future is for call centers, both wireline and wireless, as 2.0 progresses?

Unemployment in NJ

Are VSP folks allowed to apply, or has anyone tried and been approved?

April 1st spoiler

“All retail locations to close. Each rep to be assigned kiosk at area Taco Bell and/or Hardee’s/Carl jrs. Confirmed.”

3/22'ers. Unused Vacation payout today?

At least I think that's what it is. A nice chunk of change was direct deposited into my checking account today. It will make a nice bit of padding until the buyout payment comes in.

Verizon Retention Problem

Did you know most new hires leave either at or before their third year? That women leave at a 2:1 rate compared to men? Lots of posts here from long time VZ workers. I know many resent Millennials. Its really intrinsic in our culture as a company... — read more 

Verizon Entitlement

This company was built on the blood, sweat and tears of the baby boomers. Generation X crybabies are going to run the company into the ground. All they know is how to take without putting in any work; spewing b---s--- corporate jargon to get their... — read more 

Unvested 401k

I left the company two weeks ago. How long until they take the unvested 401k money?

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| 714 views | | no replies yet
Post ID: @OP+YipvEI3

Oath for sale

I heard a day after 1st quarter reports come out that this unit will be on the block. They will trim the fat first to find a potential buyer for this garbage.

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| 2000 views | | 6 replies (last April 4, 2019)
Post ID: @OP+YitpyZt

No free acreage for phone repair techs?

I'm not sure when this happened but for the past 39 years I have been counting on a grant of several hundred acres somewhere around Oklahoma where I could put down roots and manage my ranch. Now i'm told that's not a guarantee of employment at VZ?!

No pension for new employees?

Is this true? New hires only get 401k? When did this happen? I haven't been with Verizon for a while, but I didn't know things have changed that much...

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| 1910 views | | 7 replies (last April 2, 2019)
Post ID: @OP+YiQc5zY

Just checked 401k

I just checked my 401K. Thursday 3/28/2019. The profit sharing has been deposited.

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| 1170 views | | 5 replies (last March 29, 2019)
Post ID: @OP+YiY8GXZ

please tell me im wrong

north east call center worker hear. i have a good job and make 70k+ a year and overall am content. but there was no new hiring in new contract. i worry that i loose more coworkers in buyouts and qutiign firings each year and when 2023 comes around... — read more 

AT&T Turner Buyout

https://seekingalpha.com/news/3446222-wsj-t-launches-buyouts-shed-turner-hbo-workers Turner employees who are at least 55 and would have 10 years' service by year-end will get four week's pay for every year of service, capped at two years' payouts

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| 1670 views | | 6 replies (last March 28, 2019)
Post ID: @OP+YhYPJaU

Are layoffs happening in any part of the company?

Nothing has happened at my location for a while now, and that situation has been too quiet, If you ask me. Are the big shifts really over or is something happening in other parts of the company that I’m not familiar with?

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| 864 views | | no replies yet
Post ID: @OP+YhXpaxf

Bye

I have been deleting names from my same time of my fellow employees that have left. Not a single one of them was dead weight. So much talent exiting. That is what happens when you do what Verizon did. I may be wrong, but this is going to bite them in... — read more 

Stock award non-direct deposit

Has anybody here who has been out long enough to drop off of direct deposit received their check via snail mail yet or spoken to payroll? Please don't answer if you just want to say what you think is going on or figure happened.

Last exit day?

When is the last exit day for those who have accepted voluntary buyout? I'm assuming the rest of us are relatively safe from any additional layoffs until then, and after that all bets are off. If I'm not mistaken, it's sometime in June, but I might... — read more 

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| 2010 views | | 8 replies (last March 28, 2019)
Post ID: @OP+Ygseqiw

2018 profit sharing monies

I left via the VSP in December. does anyone when the 2018 profit sharing will be distributed and at what % ? Thanks.

Who would've thought?

https://venturebeat.com/2019/03/22/report-verizon-5g-home-service-too-expensive-to-scale-attracts-few-users/

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| 1470 views | | 5 replies (last March 27, 2019)
Post ID: @OP+Yf1hpb3

Anyone Rif'd last September receive stock payout?

Did Anyone that was rif'd last September receive the stock payout? I know of one other person besides myself who did not receive it. I do know someone who was laid off in October who did recieve and it was direct deposited. Were checks mailed out?... — read more 

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| 793 views | | 3 replies (last March 25, 2019)
Post ID: @OP+YfTueAF

VSP 3/22

I haven't received my severance payment yet. I thought it would be deposited at the same time as last weeks paycheck. Anyone else experience this?

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| 1570 views | | 5 replies (last March 27, 2019)
Post ID: @OP+YfYsAsP

Vote Your Shares!

Please vote your shares if you were invited to do so. The Board is recommending against the protection of children and a number of initiatives that would provide oversight to the company, including asking shareholders to vote against overpaying... — read more 

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| 1220 views | | 4 replies (last March 26, 2019)
Post ID: @OP+YfX7KJp

Brutal work environment

Has anybody ever worked for a company that was worse than Verizon when it comes to politics, toxic work environment, and bosses who treat employees like dirt? I've worked for several large companies before, but not one of them was this brutal and... — read more 

What could the next restructure look like?

Anybody have any idea what are they planning to do next. I doubt that things will stay this way, it would be too simple for a leadership that puts their main focus of operating into changing the company. So, when can we expect more restructuring and... — read more 

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| 1780 views | | 3 replies (last March 25, 2019)
Post ID: @OP+YfuL2MN

5G or A History Repeat

https://money.cnn.com/magazines/fortune/fortune_archive/2004/05/31/370724/index.htm

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| 1300 views | | 5 replies (last March 26, 2019)
Post ID: @OP+YdUM1yY

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