No joke, my director called and asked me to stay. Said only a few key people are being asked to rescind their decision to leave. Nothing being offered to keep us. No guarantees being made. Has anyone else been called?
Most people won't get the package
This was always a way to legally discriminate against older employees. Very few people are being let go. Each group has a number, so unless you hit the lottery, you're probably not going to get it unless you have 20+ years tenure. And I think most of... — read more
The Last 30 Days.....
So, this is what the media/government calls a "Booming, Best Ever Economy in America!" Layoffs ONLY IN THE LAST 30 DAYS, and for every layoff reported publicly, at least 10 happen quietly or without media attention. Major layoffs have been going on... — read more
Do you think Wireline techs will remain separate?
With head count reductions the rule of the day, why keep all these silos of Wireline techs separate? All these different teams with all the supporting management, and support staff can't be sustainable. Why try?
LinkedIn has Hans Vestberg versus John Legere
And Hans is getting crushed! 🤣 wow!
Vsp federal tax
Is there any way to avoid the Federal Taxes other than filing exempt. I have already filed exempt for state. What is the fed tx rate.
Q1 RIFs are a certainty
There will be RIFs in sales and customer service 1Q 2019 no doubt. Many ops, sups, RM roles will be consolidated or outsourced. A lot of the customer service/tech support tenured folks are making 50-70 to answer calls... Its cheaper to outsource... — read more
People are leaving
All this pressure and uncertainty are working, I guess. People are quitting. I know a guy who took a significant cut in pay at his new job but was ecstatic about leaving Verizon nonetheless. And I know a lot of people who are just sticking around to... — read more
Structure changes?
I’m curiously waiting to find out how the consumer channels will divide and be changed. Will there be and rifs or Vsp for sales channels like indirect that we’re not made offers... but lots of redundancies? 😬
Is verizon going to hire off the street
Are they going to replace the field managers with new hire's off the street ,young bloods that have no clue about construction,cxm,line work,installation,and repair..????
Vsp’ers - Any good tax savings Ideas or tips for 2019
As a 60 week vsp accepter, and considering the double bonus of 2018 and 19, does anyone have some good ideas for how to lower 2019 taxes?
Trying to understand this 3 group structure
So im trying to understand how this would affect or even work with this new struction.We at one time had a buisness group and a consumer group it all was merged under wireline in one group .Now how will this work with managers and techs would do both... — read more
Concerned
Managers keep saying, We won't know anything until after 12/10. They also say that they don't know if they have a job. Discussions about big projects for next year are stalled because know one is thinking that they have enough information to know how... — read more
What is the connection between Zero Based Budgeting and the VSP?
So a question for our finance friends who are involved in the zero based budgeting initiative (ZBB). Did the VSP package originate from the ZBB initiative conducted in 2018? It seems to me that once the feedback from 2019 budgeting cycle was... — read more
Restructuring
Anybody believes this restructuring will make any difference in the long run?
Look at the history of all telecom companies...
Many have been having layoffs every month in most USA location who still support 4G (or older technology). The fact of life is, companies will go wherever there is cheap labor from manufacturing to software coding to chip design. First it was Mexico... — read more
Can someone explain who will be doing the Agfa Contract in the news today?
Wouldn't the work sold in the Agfa contract announced today be done by the IT folks? So if that is a fact....I'm wondering how the work got rewarded to VZ. Did Agfa get snookered? Will Infosys really be doing the work? I know this is a layoff forum... — read more
Anyone hearing anything on the Infosys transition?
I declined the offer and expect to be here for a couple of more months as I finish up a project and transition my work. Not hearing much about the people who will be transitioning at the end of the month. Are there still issues with access? Is Infy... — read more
Is anyone else sorry?
Is anyone else sorry that they didn't sign up for the offer? After speaking with colleagues around the business, I am upset with myself for not giving it more consideration. I realize that I am expendable but decided to ride it out but now that seems... — read more
Best news so far this year
https://www.mercurynews.com/2018/11/27/h-1b-spouses-work-ban-proposal-now-expected-by-end-of-y
Vsp 10/28 timeline
Right now there is a huge holding pattern going on at the low level management ranks due to the vsp. There is significant uncertainty over who is leaving. The 12/10 timeline on notification is quite increadible given that a very large number of... — read more
The company is not going to make a general announcement on how many people took VSP
I think those that got an offer will find out if they are accepted. And I think upper management will have some scrambling to do. But overall, they won't make a general announcement with any numbers. That will kill morale among those staying. Oh... — read more
Informal feedback from Mgmt - anyone hearing news on their leave date?
I know 12/10 is the official date, but who is getting feedback from their mgmt on VSP being accepted and possible leave dates? My management is mostly silent, but my colleague was told his date will get pushed to March.
Coached out of our jobs
CPM, absolutely the truth, we are being written up and coached out of our jobs. You are right most customers walk in the door and say I want this or I want that, nobody comes in as says tell me what phone I want and why. When I ask some of these... — read more
Verizon and cwa please help, i like my doctors
https://www.staywithnyp.com Nyp is one of the best hospitals in manhattan and the whole city Methodist is best hospital in Brooklyn We always had comforts of being in network Things may change
Big competition or smaller companies?
What are people considering as their next employment option? Joining one of the big companies (such as AT&T) or sticking to significantly smaller companies this time? I know if I'm laid off, I'll stay as far as I can from anything that even mildly... — read more
Video shows 2 running after SUV smashes into Hillsborough Verizon for store robbery
https://www.cbs17.com/news/local-news/orange-county-news/video-shows-2-running-after-suv-smashes-into-hillsborough-verizon-for-store-robbery/1618178453
Use Glass Door
Use glass door and let your voice be heard!! Senior leaders actually read that.
In fear of denial
I'll be honest- I clicked the button and am scared to death I won't get it. Maybe my tenure of a decade isn't enough. Maybe they'll find a way to keep me around for "needs of the business". Anyone else afraid they won't be let go?
Analyst predict a fall in VZ stock
I generally don’t take these predictions seriously, but I got to admit that there is a lot of logic to the general factors that are presented in this article, for which the author claims that they will negatively impact the company stock. In any... — read more
Retail " clerking"
Recently a fellow manager did a coaching on a-- and used the word " clerking ". I don't agree with it and would have done my coaching a lot differently. The same manager also believes that simply just doing coaching's is helping a--'s development... — read more
Let's create the Verizon 2.0 credo I'll start
We will put profit before employees first....
Two more weeks
I guess we "only" need to hold out for two more weeks before many things become much clearer. I didn't get an offer (haven't been here long enough, I recon,) so I'm more interested in finally learning about layoffs that will follow. I guess it helps... — read more
Trying to understand the verizon work place why is it seem the lower managment and union employees seem at odds they are in same boat
Is this something the corporation created to keep everyone at each other while the ones at top rake in millions and use both sides to mask their rather shady decisions and stock manipulation
Redo
Maybe Verizon should repost the VSP for 30 days. I’m sure they would get more to click.
Why Not?
Why not give the button pushers and everyone they "targeted" originally their off-payroll date on 12/10 with the full VSP package? There were a lot of fence sitters and wait and see types that didn't push. That would remove all ambiguity and make the... — read more
Infosys Rebadgers losing patental leave
Is there anyone currently expecting, with a spouse expecting, or going through an adoption process who are shocked to find we are losing parental leave with the rebadge? Is there anything we can do, seems like discrimination since they promised... — read more
What's Next?
For those hoping to be accepted on 12/10.. anyone looking to go into a completely different field from what they are doing now or looking to start their own business? What are your plans? Lets look forward to leaving.. Smile B.!! I'm living my best... — read more
IT outsourcing in nutshell
There is only one team leader per application. The rest of team is made up by Infosys. If you are in band 6, you will be safe for now until the next round. This is the model for IT transformation, but preserve the domain knowledge.