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 

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 

https://timesofindia.indiatimes.com/business/india-business/infosys-wins-700m-contract-from-verizon/articleshow/65942354.cms... — read more 

For all the Union people that say management and wireless will be RIF’d, you have to at least appreciate that some employees are getting an EISP-type program. Rebadging isn’t too bad for the first year either, not unlike when Union headcount got sold... — read more 

Let’s say enough people take the offer... does the mean the rest will be safe from lay-off for at least another 6 months? And how soon can we expect another round of “involuntary” layoff if not enough people take it?

Verizon could careless about their employees and with today’s fiasco the feeling is mutual. It is clear some higher ups most likely A--hole Hans and others are benefiting from the Infosys deal. They shafted V team, just so they could lineup their... — read more 

https://timesofindia.indiatimes.com/business/india-business/infosys-wins-700m-contract-from-verizon/articleshow/65942354.cms The article states that "Infosys wins $700m contract from Verizon...The company has won a $700 million deal from US telecom... — read more 

Damn sh all politics... Who ever close & li sten to DH got retention offers.. Verizon has not recognised talented people... Bull s* . ...

Where is Verizon Corporate Change Management group when we need them the most? Communications? How are they managing this "Journey"? People are frustrated and there are rumors flying left and right... If you are reading this board, you know what I am... — read more 

Remember. When frontier acquired Verizon West region, employees who moved along with it were kicked off after sometime in the name of contract. Now the same situation with transitioning to Infosys. My humble suggestion to employees who think it's... — read more 

Some folks are jumping for joy and some not so much. 8am folks in IT were told of a rebadge. 830am some of those same IT were told they had been rebadged and others in IT were retained . 9am a package is offered and those left in IT get the package... — read more 

He did the same thing at Ericcson. He's a finance guy, not network. He couldn't get 5G launched for them so that's not why VZ brought him in. He's there to make cuts and help the bottom line. That's it... As simple as that. Ericsson on Borrowed Time... — read more 

https://www.thelayoff.com/infosys-technologies or &infosys-technologies

Nothing showing in VZ News / Finance / internet search's . If it was anything of substance it would have been reported by now.

Thread ID: @UTxo80A - Thread Title: "Starting Oct 1st all IT will be in Infosys" -- Thread URL: https://www.thelayoff.com/t/UTxo80A

After they lose a lot of managers through this latest offer, one can only hope there will be an eisp soon to get rid of some associates....hopefully a lot of titles and locations!

I know everybody believes enough people will accept the offer, but what if they don't? How soon can we expect layoffs and how bad they'll be once the numbers are tallied and it turns out not enough people are on the list? Or there are enough people... — read more 

Do u think the rest of operations will eventually be outsourced

*GM's will experience some cuts leading to some GM's running mutiple stores in a district (This was trialed several months ago in GLE but was decided against at that time) *Solutions Managers and Solution Specialist will be eligible for packages... — read more 

I've seen this mentioned in several places and I'm having trouble wrapping my head around it. Is it true I can be rejected even if I accept the offer? Then why even give me an opportunity to do it? Just to be cruel? Dangle it in front of those of us... — read more 

We select employees are being forced to accept a job offer from Infosys or be terminated, yet we are not allowed to apply for other jobs within VZW. Had this been a regular RIF, we would be allowed to apply for other jobs withing the org. Totally... — read more 

Did any of the Wireless folks get the offer as well? Or is this strictly us?

Any recourse?

I was told only a set number of people could take the package at each group or store. So for instance if you have 8 reps at your store only the first two who accepted the package would be able to take it. This limit is set to prevent too many from... — read more 

And the ball is RIFs. They will be massive and in tens of thousands. The offer is just a drop in the bucket, the upcoming wave of layoffs will be so immense it will overshadow anything we've seen before. So, do not get distracted and plan accordingly... — read more 

From what I can see, the offers were given out all across the board, the number of years didn't play as much of a role in it as we originally thought and speculated. But if it wasn't the years, what was the main criteria them? What was the deciding... — read more 

I was just wondering what do you get out of it? The cat is out of the bag. Everybody knows what's going on. So what is the point in you repeatedly jumping in different threads just to yell FAKE NEWS or LIES or whatever else in that range. Seriously... — read more 

I guess those of us with 10 plus years really did get left out of this. And I would have jumped at the offer. Oh, well.

OK, so you've got to respond by 11/17 for the VSP. Depending how that goes, any guesses for when a RIF might be if now enough people take it?

No info communicated that I have seen about future severance changes. If left unspoken informal it creates more confusion for those deciding on voluntary offer. Is more info to follow?

He's been with Verizon for at least 25 years (can't remember exactly when he started, but I know it's not under 25.) I can't understand why he would be left out, if everybody with over 20 years was supposed to get this buyout offer. Or did I... — read more 

The buyout is only offered to those NOT chosen to transition to infosys, retained as Verizon Employees. Which means anyone with 20+ years that does t choose to take the job at Infosys, will not get the same package offered to retained Verizon... — read more 

There is a big blue ACTIVE button just above the first thread link. That will show you threads sorted based on which had recent replies. Reviewing this can help us not start redundant threads.

This is a very good move. Hans is doing what is best for the company. The offer given to the employees is generous. I know , I would not have been this generous. This is called leadership and sometime tough decisions need to be made. What was done is... — read more 

What will happen to those who are enrolled in EPP program? I switched over to EPP 7 months ago when they had the deal for iphone 8 plus free with iphone x. Now I still have $1350 left as balance and they are saying EPP is removed? Thats outrageous... — read more 

Here is what Hans emailed this morning... —— 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... — read more 

Anyone else from XO here? I just got an offer about 10 minutes ago. What are other people seeing?

The offer is real. No more speculation. Email from Hans arrived at 10:06am with a link to a message with details from Mark Reed.