Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Take some time to think

I see a lot of pressure being put on people from both sides, those advocating accepting the offer and those advocating the opposite. In the end, this is a personal, life altering decision for every one of us. Use the weekend to tune everything and... — read more 

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| 2180 views | | 6 replies (last October 7, 2018)
Post ID: @OP+Vuc1C3m

How Verizon Is Trying To Bust Its Workers Union

224 corporate stores closed since 2013. I have said this over and over again on here - Verizon is slowly and quietly converting corporate stores to indirects or closing them one by one so no one notices. Article source:... — read more 

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| 1320 views | | 3 replies (last October 5, 2018)
Post ID: @OP+Vumb393

Lee Hecht Harrison? Post offer assistance.

Not sure if anyone saw they are offering pre-offer decision help through Verizon. As I sit and rot at my desk I figured I’d check it out and it just seems aweful biz spin meaningless bullet points. I’m wondering if anyone had any experience with the... — read more 

The reporters need to know

Please call your local reporters, they need to know. They are only reporting what Verizon mgmt is telling them. I talked with Scott Moritz from Bloomberg News and he wants to know more. Contact him Scott Moritz email smoritz6@bloomberg.net 215 617... — read more 

Really, HR?

I was checking out Indeed and one of the latest reviews (from two days ago) is titled - and I kid you not - "A company that rewards employees exponentially" And one of the lines in there is "The employees are all excited to work for such a... — read more 

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| 1930 views | | 6 replies (last October 7, 2018)
Post ID: @OP+VuwMjVu

Is Pension at risk if you stay?

The severance package offered is only 25 weeks extra which is not enough time to bridge a lot of people into the next eligibility age (ie 59.5 for 401K or 62 for Social Security). If 25 weeks gets you there this is a no brainer offer. Take it and run... — read more 

Do unto others.

Never expect anyone to care more about something then you care about it. Stop reading work email after hours, stop answering calls after hours, stop work at 40 hours. Start investing more in yourself, and ignore the politics of incompetent... — read more 

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| 1254 views | | 2 replies (last October 8, 2018)
Post ID: @OP+VuMa304

And We’re the Whiners?

Funny how some ignorant individuals who possessed a distinct lack of self-awareness were so quick to label craft as the party comprised of whiners, in the past. Seems to me, there’s plenty of “whino’s” who currently cannot seem to recognize a gift... — read more 

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| 1610 views | | 7 replies (last October 6, 2018)
Post ID: @OP+VuldvMT

Stop your b--ching about getting paid to leave!

I'm so sick and tired of hearing some of you people b--ching and complaining about how the severance offer is not good enough! You could end up with nothing! You all have some nerve complaining. Look at all the poor people that are getting screwed... — read more 

May be Hans is the Layoffs Guy.

May be he will do all layoffs and move on and verizon will remove him for a new ceo next year. May be his bullet points on resume is enterprise people's manager May be he will take blame and $$ and move on I am just ranting

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| 881 views | | 2 replies (last October 6, 2018)
Post ID: @OP+VuqdrzD

Post cards?

Did we really receive a post card from Verizon advertising the layoff as if it were advertising a special bundle price on internet and tv? “Find out if Verizon’s special offer is right for you...Offer ends October 16th...Ways to learn more...” They... — read more 

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| 1471 views | | 3 replies (last October 7, 2018)
Post ID: @OP+VuTiOXy

This is a sh-tty package

If you apply for volunteer severance and get accepted ya don’t know if you’ll be released in dec 2018 or June 2019, so you can’t look for a job right away- don’t have a solid start date You can’t apply to Verizon again Your severance gets taxed at... — read more 

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| 2780 views | | 6 replies (last October 7, 2018)
Post ID: @OP+VuuYtdK

Open Letter to 44,000 Verizon Employees (From Inc.com)

https://www.inc.com/geoffrey-james/open-letter-to-44000-verizon-employees.html Dear Verizon Employees: By this point you've no doubt heard that Verizon will pay you three weeks salary for every year of service, if you leave the company voluntarily... — read more 

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| 5080 views | | 10 replies (last October 15, 2018)
Post ID: @OP+VtGYgct

My individual break even date is 1/17/2020

I've done the calculations for my personal situation. I've been with the various companies that are now Verizon for 21 years. I plug that in plus 4 weeks of vacation I have accrued, add the STI bonuses, and then add in the healthcare benefit for the... — read more 

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| 2330 views | | 6 replies (last October 8, 2018)
Post ID: @OP+Vt9bB9p

Don't be foolish!

The severance offer is amazing. Why anyone wouldn't take it is a mystery. The next offer most likely will NOT come close to this one. For those who think they are so valuable to the company, get ready to pack up your things. You're only kidding... — read more 

Leave While You Are Young

Leave while you can and are young and marketable. Don't wait to get RIF'D and then you are older. Take the great offer and don't be afraid of change.

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| 1590 views | | 8 replies (last October 5, 2018)
Post ID: @OP+Vteoxf6

How to save $10B by end of 2021?Cutting Salary Expense

After one year of the infamous 4-year $10B saving announcement, VZ is no way close to that number. The biggest capex expense is salary, so assuming they want to save at least $3B annually next 3 year (after one time package payout)and each employee’s... — read more 

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| 2520 views | | 9 replies (last October 6, 2018)
Post ID: @OP+VtntxQn

How many will take it?

At first, at least judging by this board, I was certain a minimum of 90 percent will accept this offer. However, talking to coworkers and seeing some new posts, it's starting to look like it will be the other way around. What happened??? What changed... — read more 

Phx Area Layoffs

PHX call center and store layoffs coming soon I overheard from HR partner

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| 840 views | | 3 replies (last October 4, 2018)
Post ID: @OP+Vtn2qyi

Circa 2003 Vz Buyout Offered to 74k employees

Circa 2003 Vz Buyout Offered to 74k employees, more than 12k employees took the bait and retired that is about 16%. Back then pension enhancements were involved so we can factor that in for the large number of takers even though job market was not... — read more 

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| 1912 views | | 2 replies (last October 4, 2018)
Post ID: @OP+Vtn4cvZ

Don't let your pride get in the way...

What aren't people understanding? If you/your job were so valuable and essential to VZW you wouldn't have been part of the Offer, YOU will not be "safe" after all the volunteers leave, you will be left with a RIF at 2 weeks for every year. All... — read more 

44,000 Got The Offer...Wow

https://www.wsj.com/articles/verizons-severance-offer-goes-to-about-44-000-employees-1538587179

Here is a thought

Was talking to colleagues about this and make some sense. I am sure there is a number and list of ppl they want off the books for sure of course others they probably don't. Why not get management together per team and discuss who is on the list and... — read more 

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| 3330 views | | 9 replies (last October 4, 2018)
Post ID: @OP+Vs2n4QK

Thanks Hans

https://www.extremetech.com/internet/278029-verizon-launches-5g-network-that-isnt-real-5g

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| 1570 views | | 7 replies (last October 4, 2018)
Post ID: @OP+VsbG3s9

Verizon Looks to Cut $10 Billion in Costs by 2021

https://www.foxbusiness.com/features/verizon-looks-to-cut-10-billion-in-costs-by-2021 Verizon Communications Inc. is planning to cut $10 billion in spending from its operations over the next four years, the company's CEO told investors on Thursday... — read more 

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| 3170 views | | 9 replies (last October 4, 2018)
Post ID: @OP+Vsbdo9b

B2B Sales

Curious as to what RIF’s if any, will impact WBG? A lot of sales people want out...

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| 980 views | | 3 replies (last October 4, 2018)
Post ID: @OP+VsEuZ7o

Any i the only one this is making sick?

40 or so more days to go back and forth between two possibly horrible options and then 7 more days to second guess yourself before you get to wait a month to find out if they’ll even let you go.

Rebadging is rampant

@VrgM7Ov or https://www.thelayoff.com/t/VrgM7Ov This is for Voya Financial, a 10 billion company... They shipped their IT dpt to India and some got rebadged just as we did it... Now you can see what's happening to the American worker, and nobody... — read more 

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| 2150 views | | 8 replies (last October 2, 2018)
Post ID: @OP+Vr9ZbNZ

Copied from wireless post

What does the future look like for call center workers? Don't see much on these boards about the reps in the call centers. I know the push is HBA. But will reps taking calls on the wireless side get a severance offer?

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| 1430 views | | 7 replies (last October 5, 2018)
Post ID: @OP+VrDKBaB

Opt In Time is here

After 10 years at Verizon.. I'm gonna sign up for it. Every 6 months it's RIF RIF RIF lol. At least with this one you get a better severance package than the normal one. And.. if not enough volunteers.. will be involuntary rif... and less money. And... — read more 

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| 2820 views | | 6 replies (last October 3, 2018)
Post ID: @OP+VrIC1gR

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