Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

The 10 billion figure is real

On November 5-6 there will be a meeting with 230+- of our fearless leader executives at the Ridge. Was told that 6700 +- already checked yes, thats not nearly enough for what they are after. The 10 billion figure is real, and further more, 3-4... — read more 

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| 4380 views | | 11 replies (last October 23, 2018)
Post ID: @OP+VMpIQX0

Curious, why so many job openings?

Considering the lengths Verizon is going to to get rid of a quarter of its employees, why in the world are there so many open positions right this moment at Verizon? Just check LinkedIn and Glassdoor, not to mention other sites. What is the point of... — read more 

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| 2220 views | | 5 replies (last October 23, 2018)
Post ID: @OP+VMe6diA

Confused

So is VZ looking to shed 30% of the total workforce, or 30% of the 44k offered the VSP? I saw a comment that they want 30% of the 44k to take the offer. That won't get anywhere near the $10B savings goal.

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| 2180 views | | 7 replies (last October 23, 2018)
Post ID: @OP+VM0rIIu

Nothing but too much stress at Infosys

There is no way Infosys can maintain SLA's. Already having very skeleton staff onshore and with more jobs being outsourced, the people who are onshore spend more time on conference calls/ chats (explaining every minute why progress was not made from... — read more 

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| 1360 views | | 3 replies (last October 23, 2018)
Post ID: @OP+VM0vJhI

life insurance

i just read, didn't see it earlier. You will be dropped from life insurance (unless retirement eligible). This i am assuming will probably deter the older workers, as tryng to get life insurance outside is a PIA. i am assuming most have some sort of... — read more 

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| 1560 views | | 5 replies (last October 23, 2018)
Post ID: @OP+VLbBIVv

Anyone find out yet? Term date 10/28

Waiting game is killing me if I haven’t found out yet does that mean we didn’t get it? What’s the deal? Will it me an email or mailed out for the decision?

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| 3080 views | | 19 replies (last October 25, 2018)
Post ID: @OP+VLtcqTw

VES to be sold?

Does anyone believe that VES will not be sold after the dust settles?

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| 2480 views | | 8 replies (last October 23, 2018)
Post ID: @OP+VLluZqi

Wireline EISP

Any fellow wireline employees hear any information on when we’ll hear if we were accepted? I’m reading though the offer and the FAQ’s state our last day of work would be 10-27 and terminated as of 10-28. Is that accurate?

Anybody closer to a decision?

For those undecided, did weekend help any? I'm personally leaning more and more toward taking the offer.

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| 5000 views | | 36 replies (last October 24, 2018)
Post ID: @OP+VLNev8V

Interesting read about outsourced work

I wonder what kind of audits against SLAs that Vz will impose on InfoSys. This agreement may be an epic fail too. https://statescoop.com/after-bait-and-switch-nevada-dmv-cancels-78-million-it-contract

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| 1680 views | | 6 replies (last October 22, 2018)
Post ID: @OP+VKFVmYf

Avoiding lawsuits

Anyone who signs up to leave will be accepted. The company will move 'off the book' dates out to next year and at the same time begin to move departments and functions to outsourcing groups as well as combining functions and tasks. The company wants... — read more 

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| 3610 views | | 12 replies (last October 23, 2018)
Post ID: @OP+VK6jjcY

what if 5G fails to deliver?

Honest question, not a verizon employee, but have been following this thread for a few weeks. First, i'm real sorry for those going through this and hope you all bounce back quickly. Second, what if 5G fails? There is no guarantee it will surpass... — read more 

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| 3510 views | | 24 replies (last October 25, 2018)
Post ID: @OP+VJ1rlW0

Executive’s NFL roadtrip party

It is just said to see all these lay-off waves (3 in 4 years) in order to reduce expenses while high level executives schedule their meetings with local markets around the NFL schedule so they can attend the football games. Even if they pay their own... — read more 

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| 2220 views | | 10 replies (last October 20, 2018)
Post ID: @OP+VJStjlI

Is there really a target number?

Any chance we'll get job security back once this whole buyout and layoff that is sure to follow thing is over? Is there really an actual number Verizon is aiming for or will it just keep moving down and down and down again? There has to be a point at... — read more 

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| 4420 views | | 18 replies (last October 22, 2018)
Post ID: @OP+VI7Cfj8

The corporation is amoral by definition

Your mistake was your belief in some kind of unspoken agreement or pact with the company. The company has never cared about anyone and never will. A corporation is amoral by definition. Even the board of directors and the CEO himself don't take... — read more 

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| 3170 views | | 15 replies (last October 20, 2018)
Post ID: @OP+VHbL3eU

What happens if too many accept the offer?

In case more people than they expect accept the offer - and this has happened before from what I understand - what will be the deciding factor in who will actually be approved and who will be denied? I'd hate to make the decision to leave and get... — read more 

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| 4860 views | | 19 replies (last October 21, 2018)
Post ID: @OP+VHgbUn6

Not enough in this offer ...

Really leaning towards NO. This is just a RIF with a little more money. Those that are jumping are near retirement (58+ and no need to work anymore), are IT who don't want to go to InfoSys and the rest are just reacting in fear that the company is... — read more 

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| 2780 views | | 12 replies (last October 19, 2018)
Post ID: @OP+VH5PZYm

Reorg: Relocation, Demotion?

For us rolling the dice, what can we expect in the upcoming weeks? Can the company force me to relocate? Who is paying for relocation? I doubt the company would consider paying anyone to move . What if I am not willing to relocate? Will I be offered... — read more 

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| 3320 views | | 13 replies (last October 23, 2018)
Post ID: @OP+VGuPuig

Would Verizon be interested in buying any of my services?

• Infrastructure Monitoring (AMS): Network Monitoring, Circuit Monitoring, Server Monitoring, Storage Monitoring, Application Monitoring, Environmental Monitoring, • Bundled Services: SkySuite: Cloud-Based IT Support Package, Managed IT 360° - Level... — read more 

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| 1530 views | | 8 replies (last October 23, 2018)
Post ID: @OP+VG6lSLj

There is no benefit in sticking around

No matter when you go "take the buyout or get riffed" the end result is the same, the goal behind the buyout is to get rid of long term "highly paid" workers. So trying to stick around and find another position in the company would probably be a... — read more 

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| 2380 views | | 7 replies (last October 18, 2018)
Post ID: @OP+VG5buWg

Answers

Do we know when we will be notified if the offers are accepted?

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| 1930 views | | 8 replies (last October 18, 2018)
Post ID: @OP+VGQmvC6

UNKNOWNS and No Answers

Considering no one at any level knows anything. Granted this is a personal decision then each person has to make. Everyone has heard the corporate response to this. I've reached out to the Employment Commissions and the Labor Board and Attorney (EAP... — read more 

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| 2510 views | | 7 replies (last October 18, 2018)
Post ID: @OP+VGvsE6y

Access only medical - years of service

I am former GTE Wireless. I started in early 1990. Per the daily call today if you had 13.5 years as of 6/30/2006 + 18 mos. (or 15 years as of then) you qualified for subsidy. Those numbers net 16+ for me. HOWEVER - when speaking to the benefits... — read more 

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| 1610 views | | 4 replies (last October 18, 2018)
Post ID: @OP+VGJXIi0

What’s next ?

Maybe a 3and 3 or 6 and 6 for outside ? That would clean house !!!

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| 1840 views | | 7 replies (last October 17, 2018)
Post ID: @OP+VGXFpDN

Don't trust - Believe in yourself and your decision

I still believe in Verizon after having to go thru lots of stress to get the Severance pay. Being non-american itself I don't have that confidence with Infosys even before moving to the company. They look to save single penny and will make your blood... — read more 

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| 1270 views | | 2 replies (last October 17, 2018)
Post ID: @OP+VGSKY9X

Companies want a young diverse work force

If you are mid 40s or later, and a white male, the job market is not looking to hire you. Regardless of what the news says, companies are not so desperate to hire an old white guy. I took a package in 2016 to leave. I am an early 50s white guy. No... — read more 

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| 3760 views | | 16 replies (last October 18, 2018)
Post ID: @OP+VGfIYu1

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