Is anyone with the 60 weeks staying?
Cleaning House? (Long Read)
This letter is to notify you that Verizon New York Inc., Empire City Subway Company (Ltd.), Verizon Corporate Services Corp., and Verizon Services Corp., (collectively "the Company") are declaring a surplus condition in 17 titles within Force... — read more
IT Management Fools Everyone
When Verizon CEO follows different tactics to kick his employees out to save money and build 5G. IT top management(Man In The Middle) is fooling executives, emploees and Infosys. IT management is giving only low priority projects to Infosys, which... — read more
What people don’t realize
The 60 weeks is a nice buyout. What people who have not been with the company don’t ralize is that for many of us, we chose to work at vz because they were a fortune 20 company withgreat benefits and a pention. Then when we wher late/mid carreer... — read more
It pays to be lowly talented person in Verizon!
On Monday September 24th, Verizon announced that it's selling over 1200 US workers to Infosys, an Indian consulting company known for it's "Sweat Shop" style work ethics and has been investigated and fined $34M by justice department for H1B Visa... — read more
You People Act like you Didn’t Know???
The writing has been on the wall for a very long time. Anyone who had talent left already. Just look around and think back a year or two. No new products or services have been deployed to the market. Verizon certainly isn’t on the cutting edge of... — read more
Approve or Denied
Does anyone have any insight on how many managers they will allow to leave? Is this just a scam that they are offering to everyone and then they only pick higher seniorty people. Did they offer to everyone to avoid making it look like a target of... — read more
No severance package in infoSys
Shankar's email mentioned InfoSys will provide credit for employee's Verizon Service year. This is not true. InfoSys confirmed in today's TOwn hall meeting there is no severance year package in InfoSys . So after one year, rebadged employee get... — read more
Infosys transition 13M savings to Verizon
Infosys transition is a huge savings for Verizon, note the 50 Shares for the tax relief that Verizon received supposedly passing it on to the employees. They are now saving over 13Million, this whole thing was a scam from day one.
Cheap trick - Rebadged employees asking for severence package or 23% more STI?
Who in the world would have asked for pennies (23% more of STI) when losing thousands of dollars ( severance package)? We are requesting the same severance package offer to rebadged employees to make their own decision. Please don't play any further... — read more
Our Kids Get It
Gen Y and Gen Zs are on the right track of being entrepreneurs instead of working for a company. This mess is a prime example of why you own your destiny. Stressing month over month will you have a job, having to accept what the elite say you can... — read more
Future Severance
Has anyone been able to confirm the rumor of future severance packages being reduced to only 30 days salary/30 days medical?
3 weeks per years of service ?
Why is Vz stating in the media, employees who volunteer receive 3 weeks of pay but there is no mention of the 60 week cap! This is misleading to the public!
Ny DRC Brooklyn area?
I would just like to say this has nothing to do with the layoffs but the people who handle New York DRC/Brooklyn are never nice to their co-workers. Why do they have to be such jerks when we ask for another date? We are all peers. I don't get... — read more
Conference Calling
Is this even a relevant service for Vz anymore? Does anyone even know we even have that entity...for now...
Verizon rebadging or Free labor-Verizon is getting free labor for the compensation that they are supposed to pay you by forcing to go to Infosys
Verizon is saying that they are providing job guarantee for a year with Infosys. Why do you need to work for a year for free when they owe you a money for the compensation that they agreed to pay for your severance package. Like today's decision from... — read more
Who is being sent to infosys?
By what I can see, many of those at or near retirement age is being sent to Infosys. Is Verizon doing this on purpose because they know these people would not want to go and retire instead? That way there is a bunch of people that Verizon will not... — read more
There is a special place in he** for Shankar Arumugavelu
What they did in IT with outsourcing and the buyout was just plain wrong. The people looking at who would be rebadged were not told that this buyout was in the works. Even VP’s (other than Vivek) were not told until last Friday. Many different... — read more
Who's Getting Offer?
I'm confused by something that I thought I had read here, something about customer-facing managers not being part of this. Am I mistaken? I hope so because a lot of good people are looking forward to taking advantage of this generous offer.
Quit
Can you imagine what would happen if every Verizon Employee quit tommorow? What would VZW do? Get them before they get you. Time to move on.
Got New Job... Verizoneers u have killer experience.
Monday, put the message out that I was looking. Monday night, interview scheduled for Tuesday. Tuesday job offer going from Engineer at VZ to Director of a large firm. Plus they will let me start so I get the payout <3!! Don't sell yourself short... — read more
Contact sara blackwell if your job was outsourced to Infosys.
Contact me if you work for Verizon or Infosys and you have info on this. Everything is confidential. Sara@theblackwellfirm.com 9419613046 https://twitter.com/4US_Workers/status/1044743260026097670
Seeking Labor/Employment Attorney in Tampa
Hello. Does anyone have a recommendation for a Labor/Employment attorney in Tampa? We were part of an involuntary RIF just a few months back...off payroll 7/1/18. Why would VZ RIF us with the standard severance package capping at 35 weeks if this... — read more
Infosys vs Buyout: Legal Ramifications?
I am an employee with over 20 years of experience who would greatly benefit from the buyout package but was not given that choice due to transfer to Infosys. Are there any legal/ethical ramifications for Verizon to offering very inequitable options... — read more
Unemployment Availabile?
Is it safe to assume that unemployment is not available to anyone who volunteers for this package, but chooses to actively seek new employment?
5 Year Extension of Union Contracts Now Makes Sense
The largest union contracts were set to expire next August. The company probably had the voluntary offer to management in mind when it agreed to extend the contracts to 2023. The extension buys it 5 years to settle into the new reduced management... — read more
Adios folks
https://www.yahoo.com/finance/news/verizon-early-retirement-plans-2018-162201439.html
Not voluntary
Make no mistake. This Voluntary Separation Email was sent company wide but only a select few qualify. I know many people with 15 years or more that don't qualify for this "voluntary" separation. Nothing voluntary about this.
Why is wireless not included?
After reviewing the offer a few times, I decided to seek some financial advice to help with my long term plans. One question that came up was why would the company leave out wireless? I mean we are one company and last time I checked the stores are... — read more
Verizon offers employees most lucrative buyout in 13 years
https://www.crainsnewyork.com/politics/verizon-offers-employees-most-lucrative-buyout-13-years The booming stock market and Trump's economic policies have fattened the telecom giant's pension plan Verizon Communications, the city's largest public... — read more
If you thought the HUM push was big...
Get ready for the forced HUM sales to really kick into high gear since ATT is launching their new device. ATT SPARK https://www.google.com/amp/s/www.androidcentral.com/att-exclusive-harman-spark-connected-car-device%3Famp
My views as a former employee
I was an employee at Verizon for almost 20 years. I recently got another job offer and left the company. It hit me after I left how much I think Verizon will struggle. My first bill without my employee discount shot up to $50+ per line on a 6 line... — read more
What’s Management saying?
Is management freely discussing the buy out offer with anybody or are they giving you the political BS?
What happens next?
If all the management is being offered a buyout who's left to supervise the union represented employees? What are they going to be doing? The four-year contract extension protects them but truly the protection is only there if they are before 2003... — read more
Unable to be rehired if volunteer?....
In the agreement it states you cannot work for Verizon if you volunteer for the severance package. If that’s the case and I use my Verizon experience on my resumé for another job and they call Verizon to see if I’m re-hirable would Verizon then not... — read more
Commissions
How does this affect wireline commissions analyst?
Verizon 4Q18 Surplus Declaration & Special Enhanced Income Protection Plan (EIPP)
http://local1101.org/node/17818 September 25, 2018. Verizon New York Inc., Empire City Subway Company (Ltd.), Verizon Corporate Services Corp., and Verizon Services Corp., (collectively "the Company") are declaring a surplus condition in 17 titles... — read more