Do leaders in certain parts of the business talk to you about resume building, career progression and stuff if there is a chance that there is a RIF pending? The department I am in had one with SM a few days ago. It's odd that they are talking about... — read more
WARN Notice Not Required
A company is not always required to provide notice if it offers severance benefits, but it must comply with the WARN Act or state laws for mass layoffs and plant closings. If an employer fails to give the required 60 days' notice under the federal... — read more
engineers
engineers safe, only overheads being axed. what about remote?
Payment in lieu of warn
WARN requires 60 calendar days' written notice. The law makes no provision for any alternative such as pay in place of a notice. While an employer who pays workers for 60 calendar days instead of giving them proper notice technically has violated... — read more
It what is the union strikes
And the company has gotten rid of this exorbitant percentage of management employees? Who's working strike duty and who's running the freaking company?
A lot of calls
I know one thing in my department we have 1700 calls in queue everyday in fios. We get a lot of 5g calls. I know it’s about to get really ridiculous now. I wonder if hours will change when frontier rolls around.
The layoff is real and happening
This 15000 is only the 1st round of layoffs mostly lower management.The next round in new year will be upper management levels .Its real and happening if you survive this round done get complacent.You need to start preparing getting situated... — read more
Pay attention Warn notice is not required
The only thing company has to do to avoid the 90 day notice is to be giving enough severance and benefits to cover the 90 days .So they let you go today as long as your getting enough pay and benefits for next 90 days there you go.So verizon already... — read more
3 x 15min blocks on my Sr Dir calendar for 11/20
I am so cooked It's so over Our team is fairly small, so jam expecting heavy impact. 🫡
Aggressive & Long Overdue Verizon Changes Including Massive Layoffs
These major changes being executed by Verizon's new CEO, Dan Schulman, are way overdue at the obscenely bloated and underperforming telecom behemoth. Relentless price increases, undifferentiated products & services, absolutely horrible customer... — read more
Torn between hating this job and really needing it
Judging by how my team’s been feeling, I’m definitely not alone. It makes waiting for next week even harder. There’s nothing to look forward to, just hoping to hang on to a job you can’t stand because there are no real options out there. It’s doing... — read more
When is severance payed out?
So, I’m in NJ and WARN Act seems to say they must give us 90 day notice of layoff. Does that mean if I’m told on 11/20, I would remain on the payroll until 2/20/26? After that, the severance would be paid at 2 wks per yr of service? I keep hearing... — read more
Teams told to WFH next week
Here it comes..
I see a lot of questions of which I already posted the details days ago....
Layoff Communication Timeline • EVP/SVPs: Notified last week • VPs: Being notified this week • AVPs/Senior Directors: To be notified next week • Direct Managers: Will notify impacted employees on 11/20 via phone call only (no WebEx or... — read more
In the age of AI, CEOs quietly signal that layoffs are a badge of honor
https://www.msn.com/en-us/money/companies/in-the-age-of-ai-ceos-quietly-signal-that-layoffs-are-a-badge-of-honor/ar-AA1QqxWA In today’s CEO Daily: Geoff Colvin on how CEOs are becoming bolder about replacing human workers with AI. The big story:... — read more
### He ain't no Peter Thiel
1-15k layoffs 2-Looking to gain subs from frontier What about, 2026 strike? He didn't invent PayPal, just took over 20 years later. Good Luck
Is it really true? RTO 5 days a week??
No trolls please. Only want to hear from folks who actually have credible information.
Verizon asks superior court to review 47 million dollar fine by the FCC
https://www.mediapost.com/publications/article/410715/verizon-asks-scotus-toreview-privacy-fine.html
T mobile layoff page
Go check it out. They are talking about us. And not in a bad way.
Any New Info Today
Still not seeing anything on here that can be confirmed in the org chart. Anything legit happen today? Or are we waiting for Monday.
What happens to my 401K loan?
I know I will be axed, low work volumes, manager who does not care and the unit is a cost center (not contributing to the bottom line). I have about $40K in 401K loans? What happens with that. I cannot repay.
3 Practical Questions
I'll be brief, here are Qs that are on my mind: (A) Who delivers notices (B) Who is considered expendable (C) Which tiers of leadership are already being notified
Hey Verizon - people seek out content that others try to censor.
The Streisand effect is when trying to hide information ends up drawing more attention to it. The name comes from Barbra Streisand's 2003 botched attempt to remove an aerial photo of her home... This only made the image far more popular.
Why the lies and half truths?
So new board chair was on CNBC and spoke about the need to act and why. The story was factually incorrect though- why overly dramatize the doom and gloom? Yes, VZ has had a problematic trend and yes the company needs to alter strategy to address it... — read more
Goodwill Donations
Lots of Verizon branded swag will soon be donated to a Goodwill donation center near you. I wonder how many former employees will take the time to remove the Verizon brand as instructed?
Throwing the baby out with the bath water never works
15,000 jobs gone. A ‘streamlined’ future promised. Yet executive pay stays sky‑high and friends get hired into new divisions. If we truly want transformation, let’s stop cutting the backbone of the company and start listening to the people who... — read more
SO DID PEOPLE REALLY GET LET GO TODAY?
Please. No trolls. I haven’t slept in over week just thinking about get laid off.
What dont we go on strike? Like a national big one
Go Vteamers , Be Bold !
This board predicted pretty much everything...
Again and again, layoffs.com predicts exec moves. Someone is leaking stuff here. So much for 'rumors' and 'fear mongering'. Again, we had info shared here before anyone knew anything. And all lies the mgmt was telling us to stop with 'rumors'...
Remember Kids - some have been RIFFed already
Our bud Hans, riffed and pushed into the background with TENS OF MILLIONS stuffing his pockets. It's good to be the King
Question Regarding Severance Eligibility and Service Time Calculation
I started working at Fleetmatics, and after the acquisition, I continued my employment under Verizon Connect through today. I’m trying to understand how severance eligibility is calculated. Does anyone know whether my years of service at Fleetmatics... — read more
https://x.com/TheLayoff/status/1989427326732702194?s=20
https://x.com/TheLayoff/status/1989427326732702194 topping all charts today. what a sad role to be in...
How much notice period usually?
If I get RIF'ed, how long can I stay in the company (notice period) to find a role internally, maybe?
Verizon layoffs add to mounting toll across large companies
https://finance.yahoo.com/news/verizon-layoffs-add-to-mounting-toll-across-large-companies-165130821.html
Reorg before cleanup
Why cant the teams reorganize before cleanup. Let the low level hard worker atleast try to understand the org structures and the new skill needs before asking him to go. There are so many managers who are just going to take care of their favorites... — read more
Tax on package ?
How is the taxes on the package calculated ? Wont all the money coming the package go into IRS ? Are there ways to protect the person in trouble ?
Leaders
I hate to see anyone lose their job but it looks like Dan is doing exactly what most people wanted. He is letting go of the leaders that are responsible for the currwnt state of the company
KM head of VBG out?
Is this true? How confirmed is it? If true, this means VBG and VCG could be combined going back to 1.0
Blood bath coming for management
So serious question.As an associate I never understood the hate management had for especially union folks.When these huge layoffs continue to happen year after year wouldn’t some of the management employees understand why we need a voice.I mean... — read more