I am gladly taking this package as a manager with over 30 years. I am one of the few mgrs that can do my job with my eyes closed as I have been doing this job for over 20 years. I agree that a lot of talent is leaving but there was 0 appreciation for... — read more
If you work in retail
Start looking now... Hans is just getting started with this massive cuts... you have been warned glta
How many vp's or directors will be left
How many Vp's or directors did hans interview .im sure they all tryed to bull sh-- him on how important their jobs are to VZ...lol
Most employees at Verizon (Both Sides) are only making ends meet because of loans and over extending themselves.
Honestly answer the following questions if your score is above 100 then you are actually going deeper into debt working at Verizon which is sad in its own right... This will require a pencil and scratch paper •Question 1 - Do you have credit card... — read more
Layoffs either way
I'm getting more and more worried that even if enough people accept the buyout offer, we'll end up with layoffs that will be justified by reorganization. Or they will under-report the number of people who decided to accept the offer and use that as... — read more
Check Vz web- nov 5th 2pm eastern
New org should be discussed
How Long???
If you're on the 44k list, non-union, and have over 15 years in; How long can you realistically expect to last at "new" VZ? Although "they" don't owe us anything, why are "they" letting all of this speculation and morale busting run wild?
There's the door....
If say on 12/10 you get an agreement and they assign you an off date of 12/28, and you sign and return it, how long will they let you stay? Til the 28th? Or are they going to tell you just to clean out your stuff and take the rest of the year off... — read more
GENERAL MOTORS offers 18k buyout
GE offers 18k salaried employees buyout in north America and says it may lay off if they don't get enough volunteers. boy does this sound familiar. Verizon will be doing same thing. makes me rethink that maybe I should take offer. deadline near. what... — read more
VSP acceptors
last week someone posted about 7k employees accepted the offer. Has there been an update to this number? I’ve heard a lot of young tenure employees have hit the button.
Re-Org announcement
I’ve heard 11/2, 11/5, and 11/7. Is there a consensus date on when leadership will announce the org changes?
Do we know how many people accepted Infosys offer?
Anyone? Disclaimer: RIF-ed in 2015
Working in a Verizon Call Center
Call center are pretty much not trained well in what they do with little or no education, not professional They expect you to produce, they are required to coach and develop they don't, Yet they expect improved results. Call Center 1st year or 2 you... — read more
Staff Call Gems
On my Director's staff call this week, one of my peer managers asked him who would be developing the plan for how all the work would still get done if we lost multiple people on our teams. My Director's response? "We'll be looking to you as managers... — read more
Career Development
Your bosses don't care about you, the markets don't care about you, the economy doesn't care about you. Only insofar as they can extract adequate surplus from your labor; once that objective is achieved you're rendered superfluous and thrown on the... — read more
Looking for job?
RIF’d Dec 2017, over 50, and after 10 months, finally got similar position in IT for $10k less. (I can probably make that up in OT.) For those still looking, I would say, keep trying as there are companies out there who do appreciate older workers... — read more
Long Tenure
AS various outplacement people explained: With a long tenure at a place like VZ, you end up earning above your true market value (this is on average of course, individuals will vary). If training has kept your skills up to date, you MAY be able to... — read more
Limited options
What are the chances of somebody over 50 finding a good job that pays around what we are earning right now? Honestly? Is that even a possibility?
Why keep people from working for Verizon again?
Can anyone explain why Verizon feels the need to have people accepting the package agree to never work at Verizon again. I don't understand the benefit behind this for Verizon,
WBG REORG
Has anyone heard anything about the WBG reorg?
A high percentage of talent will be walking out the door
An intelligent and logical reorganization of the Business is one thing. This is just some spreadsheet pencil pushers who put together a cost savings plan designed to cut the top of the payroll and tenure. What that also means is cutting the most... — read more
Never work for VZ again, never ever ever
The decision to require VSP acceptors to never apply for a verizon job again seems oddly shortsighted and also sends a poor message to what will be many managers. They want the ties of many years of collective experience permanently severed. A 1-3... — read more
House Cleaning
This is apparently going to be a major house cleaning. Those who will remain on top already know that they are safe in the new org. The ne'er do well Norseman has ties to no one except a few in the company and has no respect for anyone who has been... — read more
Its Coming
Heard that a major RIF coming in Nov. and Sales people ( all titles ) will be cut. This was from a reliable in the trenches source.
Meanwhile @T
Big Layoff Coming Q1FY19 - post regarding AT&T layoffs https://www.thelayoff.com/t/VS6jbWP @VS6jbWP
What about those of us who stay?
Are people aware of just how bad it's going to get for those of us who remain after this whole buyout is done? Who do you think will be expected to pick up the work of those who leave? Do you honestly believe the workload will magically decrease? And... — read more
Any Idea of how many accepted Infosys Offer
In the US, it looks like around 2/3rds have accepted. This is only from my observation. I do not have any official info
Heard through the grapevine only two techs per CO after REORG
My manager told me today that their goal is to only have to two techs per site. Eliminating the night shift. If something does come up that needs to be addressed after hours then that switch techs would have to take turns to cover. Then there will... — read more
It’s fortunate that the core business is still fueling the mistakes
The company is so full of S&*% now that it is amazing. Fortunately for shareholders, the base business generates enough to cushion against these foolish forays into Go90, AOL/Yahoo and the latest crop of accountants running the company. Hopefully one... — read more
Anymore info?
“On 11/7 official announcements will be made regarding new orgs, leadership and company direction. The goal is to make the future path clear and give those who are not happy with the plan the opportunity to push the button and separate.” Anymore info... — read more
I hear Hans is bringing Marni back to relaunch GO90
He’s going to pump you up!
Medical cost
I'd jump at this opportunity if it weren't for the too expensive medical for my family once sixty days expire. I can't tell you how disappointing this is for me, because I was actually certain I'd accept the offer when it was just a speculation if I... — read more
Too late, but question is why they had to choose layoff for 10B savings
Instead, VZ should have cut 10% of employees salaries including executives salaries (penalizing everyone instead of punishing bottom most employees who does the work), which would have saved more then 10B dollars if the company is at the loss or... — read more
Regarding Call Centers
Just found out about this site and have heard throug the grape vine remaining centers are in the beginning stages of closing. Any word on when they will close and which ones will close first?
Side discussion for IT folks
IBM just bought Red Hat.
Job search
How is the job search going for everyone? I’ve been putting it off like an id--t so going to hit it hard this week. I need to check the job market here in Northeast Ohio before I make my decision on taking the VSP. I’m in sales so hoping to jump to a... — read more
Tomorrow is it for IT InfoSys decision
I can't wait to see how many U.S. people will reject the InfoSys offer. I think the numbers will not be good based on the people I've talked to.
Will there be layoffs on 11/7?
I believe people have time until 11/10 to submit their decision, so it doesn’t make sense to lay off people who might take the package? Wouldn’t layoff come after they figure out how many people accepted it?
11/22 Rumors
I have it on good authority that on 11/22 there will be gatherings in every territory nationwide where they’ll talk turkey.