Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Geographic Distribution of Buyout Impacted Resources

Hi All - disclaimer: I am not with Verizon, just trying to piece together a story... Anyhow, I' d like to find out what geographic locations are impacted the most by the buyout events - I've pulled some numbers regarding where VZ IT was adding... — read more 

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| 2440 views | | 12 replies (last September 27, 2018)
Post ID: @OP+Vkk3F8q

1000 RIF's paid for this!!

www.businessinsider.com/verizon-office-tour-new-jersey-renovated-photos-2018-5

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| 1940 views | | 4 replies (last September 26, 2018)
Post ID: @OP+VkP0ylL

Do you trust HR?

Just a quick poll: Do you trust Verizon HR and why.

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| 2170 views | | 18 replies (last September 28, 2018)
Post ID: @OP+Vkn4Xf6

Should I Be Worried?

I've been with Wireless for a little over six months now as a Solutions Specialist in one of the busier stores in my district. I am not the worst rep in my store but also not the best so there are people that make higher commission checks than me. I... — read more 

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| 1540 views | | 7 replies (last September 26, 2018)
Post ID: @OP+VkSkbZK

This is how it's going to work

My bet is that the people moving to Infosys will have an Indian counterpart that they will be training to do their position and will be out of a job after that year. Call Sara Blackwell https://www.facebook.com/DemandingFairness/... — read more 

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| 1530 views | | 3 replies (last September 26, 2018)
Post ID: @OP+VkDCOoJ

Retained Resources

Does any one know the fate of people being retained in Verizon? I know folks moved to Infosys may stay there for 12 months and then may come out on to the road. don't think the fate of retainers is good. Does retained people get package? Even though... — read more 

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| 1330 views | | no replies yet
Post ID: @OP+Vk14o4v

VOLUNTEERING

If you VOLUNTEER and don't get picked , you can kiss your career aspirations at VZ good bye and you can bet the ranch you WILL be on the next RIF list...

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| 2130 views | | 9 replies (last September 26, 2018)
Post ID: @OP+VkX2n04

My Layoff Was a Blessing in Disguise

I have to say when they sent me packing in 2017 after 26 years it turned out to be the best thing every. I pulled out ALL of my retirement, don't use any of their services and advise everyone I see to do the same. The idea that sending our jobs out... — read more 

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| 2010 views | | 1 reply (September 26, 2018)
Post ID: @OP+VkwQqAV

Dark Days

When VZW merged with VZ it was a dark day for those of us working in Wireless. We predicted the sh*t storm that is happening now would happen....

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| 1640 views | | 10 replies (last September 27, 2018)
Post ID: @OP+VksgtR8

Why call it a Management Offer?

Why call it a Management Offer? It is being offered to people in Bands 5 - 8 many of whom have no one reporting to them.

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| 1710 views | | 6 replies (last September 27, 2018)
Post ID: @OP+VkLDLnX

Resignations on Same Day of Announcement

Many employees have resigned on same day of announcement. Even those who were retained have resigned there job. Definitely senior managers and above have benefits in rebadging employees to Infosys. Why do they do things so hurry. People who think... — read more 

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| 1755 views | | no replies yet
Post ID: @OP+Vk9c9KW

Management Offer

From Schmucks Board V Team, Today we are announcing a Voluntary Separation Program for a select group of U.S.-based management employees. This enhanced separation program will afford us an opportunity to find more efficiencies in the size and scope... — read more 

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| 3030 views | | 6 replies (last September 25, 2018)
Post ID: @OP+Vkyi0pI

It would be nice to know.

Offering people a choice is a great idea. It would be nice if senior management shared projected manning reduction numbers. The magnitude of the projected manning reductions might help people with their decisions.

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| 1980 views | | 9 replies (last September 25, 2018)
Post ID: @OP+VkeWmGW

$700 Million Dollar Deal

https://www.gadgetsnow.com/tech-news/infosys-wins-1billion-contract-from-verizon-and-microsoft/articleshow/65944223.cms Verizon in a statement to TOI said it has recently reached an agreement to transition select functions within Verizon's global... — read more 

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| 1540 views | | no replies yet
Post ID: @OP+VkQe1RA

Layoffs started in 1984.

I worked for what is now Verizon from 1972 to 2006. The we were known as New York Telephone, until 1982 when they broke up AT&T and created 7 regional independent companies we rename ourselves NYNEX. In 1984 we were offered the first retirement... — read more 

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| 1513 views | | 4 replies (last September 26, 2018)
Post ID: @OP+VkaIsyw

Human Resources

HR does nothing but make work for everyone else. Typically the stupidest of the stupid go into that “profession”. I particularly like how they b--ch about gender diversity in other departments when they are nearly all women. NOT leading by example.

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| 745 views | | 1 reply (September 25, 2018)
Post ID: @OP+VkG5Wo7

*611

Who cut off customer service? Is it because of the lay off? It’s funny and what the CEO gets

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| 1012 views | | 4 replies (last September 25, 2018)
Post ID: @OP+VkrYGQl

Recently Rif'd

Has anyone heard if those recently rif'd (not received severance payout yet) will be offered the extended benefits?

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| 1800 views | | 8 replies (last October 1, 2018)
Post ID: @OP+Vky8ps2

VDSI to Infosys rebadging post

Hi all, this is for the discussion related to VDSI to Infosys rebadging. is it good to move to Infosys(considering same compensation) or it is better to leave Verizon and look for any other offer?

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| 1500 views | | 1 reply (September 25, 2018)
Post ID: @OP+VkINybP

Raise a hand

Who's gonna be p-ss-d if they accept the offer and then are denied by Verizon after all?

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| 2120 views | | 12 replies (last September 26, 2018)
Post ID: @OP+VkSRXSP

No calls in to Verizon

Network has been down 30+ minutes. Customers (BGCO and employee line at least) are down. Someone sent me a text so I tested it... called the employee line and got a strange message that my call was being transferred and then the call dropped TWICE... — read more 

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| 1640 views | | 5 replies (last September 25, 2018)
Post ID: @OP+Vk6Zw7V

Thanks to all who shared info

Just wanted to thank everybody who knew this was coming and who decided to share all the info and all the tidbits with us. We knew well ahead what was going to happen, which is always better than having things just dropped on us out of nowhere. So... — read more 

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| 1870 views | | 5 replies (last September 25, 2018)
Post ID: @OP+Vkw2nwK

Retail Packages coming 10/01/2018

this is already public knowledge quit acting surprised. I was told 10% of retail must be off the books by year end. And if enough people dont take the retail packages then forced layoffs would occur.

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| 1690 views | | 10 replies (last September 27, 2018)
Post ID: @OP+Vkqk8oX

Pysch!

So got the email to check eligibility only to find out not eligible even though have over ten years with the company. Why even send this email to non eligible people? It is just a big FU from the company.

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| 940 views | | 2 replies (last September 26, 2018)
Post ID: @OP+Vk2fYAs

[[[CONFIRMED]]] Wireless Packages Coming

I just got off of a market wide VES and IT conference call and at the end during the questions and answers part someone asked if retail would be getting a package to which the answer was yes but no other details were given.

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| 1130 views | | 4 replies (last September 25, 2018)
Post ID: @OP+VkK3m1b

Will they seriously accept everyone’s offer to separate?

I can’t think that they’ll accept everyone’s offer to separate. I get the feeling that they offered this to everyone just to “include” them if they’re currently retained but are going to be cut. But they can’t get rid of every EUS person; there are... — read more 

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| 2000 views | | 7 replies (last September 26, 2018)
Post ID: @OP+VkwOSWb

besides the layoffs

in the wireless end, this company needs to go the route of Wells Fargo, eliminate high quotas and goals that are unachievable. You managers set the bar too high that its not achievable and than sales reps will do unethical practices to hit their... — read more 

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| 1160 views | | 1 reply (September 25, 2018)
Post ID: @OP+VkPm5tj

A question

What happens if I don't want to accept the offer and Verizon really wants me out? I'm assuming that would put me at the top of the list for the next layoffs, but all things considered, it still seems like a better option than what I am being offered... — read more 

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| 2170 views | | 8 replies (last September 25, 2018)
Post ID: @OP+Vklnd4Y

Can somebody clarify this for me?

Do I have this right?, the company is offering a retirement incentive (to some) but then will outsource whole sections of the company to India? Excuse me but ... Didn't they just get a 17 billion dollar tax savings from the Trump tax cuts?

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| 1480 views | | 7 replies (last September 25, 2018)
Post ID: @OP+VkMgDTS

Still no email

Anybody else here still hoping the email will arrive? I can't understand why I seem to be the only one who hasn't received it.

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| 1003 views | | 4 replies (last September 25, 2018)
Post ID: @OP+VkNkAVm

Starting to Make headlines

https://www.google.com/amp/s/m.gadgetsnow.com/tech-news/infosys-wins-1billion-contract-from-verizon-and-microsoft/amp_articleshow/65944223.cms

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| 986 views | | 1 reply (September 25, 2018)
Post ID: @OP+VkNjTks

Union

The Union will save you...where did that get you?

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| 890 views | | 4 replies (last September 25, 2018)
Post ID: @OP+VkUbVKo

On a fence

So I am eligible and buyout as per About You page it is about 190K for 19 years of service. I am 45 and not manager. Do not have any offers lined up from other companies either. Not sure what to do, if I can find comparable job around here. Not sure... — read more 

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| 4140 views | | 23 replies (last September 26, 2018)
Post ID: @OP+VkHJGJE

Is Resigning now a good option?

My friend have an offer right now in hand and applied for resignation. Even after these many consequences happening around, management is trying to compromise and they are giving false promises. What should be the good decision for him to do? Does he... — read more 

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| 2060 views | | 4 replies (last September 25, 2018)
Post ID: @OP+VkG5ojb

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