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Laid off a few years ago from Verizon… life is BETTER

I feel for everyone going through the RIF right now. I was there, high performer for the company, bled for the company, and there I was dismissed.

If they offer it, take the enhanced severance package. This package gives you 50% more but means you can never work at Verizon again. I asked where I could sign instantly when presented with the this option.

I found another job that pays me 25% more than when I worked at VZW, and I was a high performing leader. Honestly, VZW is a sinking ship. If you aren’t RIF’d this go round, start looking for something better. The grass is greener on the other side.

The sun will shine again, and brighter once you are out of the VZW shadow.


Outsider point of view

This company does not demonstrate genuine support for its onshore employees. Although they offer retention bonuses to individuals acquired from other organizations it is not fairly across the board, they simultaneously create conditions that make it extremely difficult for employees to fulfill their contractual obligations eliminating their retention bonuses obligations. The strict “no bench time” policy, combined with the expectation of securing billable hours immediately, before assignment ends results in employees facing the threat of termination through no fault of their own. Employees submit multiple internal applications submitted with large amount of rejections.

I strongly advise caution when considering employment at Deloitte. The constant pressure to find the next billable assignment creates an environment of ongoing stress and instability. It is counterproductive for the company to acquire skilled, intelligent employees only to undermine their tenure and contributions. From the outside looking in, Deloitte’s constant rotation of employees can make it seem as though they are trying to hide their inability to properly support projects

Additionally, there are concerns regarding the company’s independence, as employees are often pushed toward using preferred partner vendors from which the company appears to financially gain. Dictating what companies you can do business with.


PSA: get your personal finances in order

What’s happening right now is despicable. It’s also a rude wake up call … no company is safe. This whole “we care about you, V Teamer” is bullsh-t. Verizon doesn’t care about you. Perhaps you’ve given the company your blood sweat and tears for the past 15 years … guess what? You’re about to get booted out. Say adios to your steady paycheck!

YOU have to protect yourself. When you have trouble paying your rent in the coming months, do you think Dan the Hatchet Man will loan you even $.50? NO!!! he’s too busy counting his millions and laughing all the way to the bank .

In a situation like the one we’re in right now, you’ll feel a LOT better knowing that your personal finances are in order.

  1. VERY IMPORTANT — establish an emergency fund to cover at least six months of your living expenses. One year would be even better. That’s how long it may take you to find a new job in this horrendous market.

  2. Pay off your high interest credit cards. Credit card debt is evil.

  3. Save for retirement. Contribute to your 401(k) and get the company match (at Verizon if you survive this RIF or at your future employer). I also love me a good Roth IRA! Tax free earnings, baby!

I’m going to stop there because I’m not a financial advisor. But you get the picture. There’s lots of good free information out there.

As for me personally, I am 99% sure that I’m on the chopping block. :( BUT I have a healthy emergency fund that will tide me over for a year, and that brings me comfort.

The ULTIMATE GOAL is financial independence (enough saved so that I could actually retire if I wanted to) … that way, I don’t ever have to be scared about losing my job EVER AGAIN.


Serious advice if you make it through this week

I know most will think I’m a troll or lying but for those looking for legit advice, here it is. I have been here over 20 years, seen so much change and been impacted multiple times involuntary. It hit me hard, I was kicked to the curb but lucky to find a new role within to stay. I know more about how all this works internally than most of you unfortunately(how we’re notified, off pay, insurance, tax, etc). I wish I didn’t. Then, the first VSP came, I didn’t even look at the offer. The second, I looked but didn’t take it. This got my butt in gear so I didn’t get caught flat footed. While I knew I was staying, I took the last few years learning a new skill, a trade so I would be ready to move on one day. I would actually like to stay here. I have a great team and a great boss. I am lucky. But this week might be that time for me, who knows. This is my advice. If you are fortunate enough to make it through this, don’t sell yourself short and think it’s done. This is the beginning. Take it as an opportunity to learn something new that you see as the future of work. You’ll only sell yourself short if you do nothing AND survive this week.


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That's it, that's my post.

Anyhow, I hope this helps someone. Good luck all....

Reposted from:

September 19, 2024 by Anonymous | 461 views | no reactions | 1 reply (September 20, 2024) | Reply
Post ID: @OP+1uBPlqJU


Please take my advice and decide your own path! Leave!

I've been a Team Manager in claims with State Farm for over 30 years. I'm retiring this year after I get my MIP. Honestly feel sooooo sorry for everyone that has to stay. There have always been periods of ups and downs at SF. These last 10 years and especially this year have been an absolute nightmare. When I got promoted to TM in 1997, my boss told me to be sure to leave SF better than I found it. I tried my best but failed. The people running State Farm are absolute parasites, make no mistakes about it. To all employees, leave this place before it drains your soul, and damages your mental and physical health beyond repair. This place is just not worth it. Not saying the grass is greener on the other side but at least see if it is. The Executive leadership you have is exploiting you for only their gain, have destroyed any ounce of decency left at State Farm and are just pure clueless sc-m bags. All they want is conformity, not your opinion. All the Peakon, Voice and View, Skip Level Meetings cr-p are all just the same smoke and mirrors that the politicians use to steal you blind. It's not your TMs fault, but there are TMs that are bad and make it even worse as they drink the Kool Aid. There are still a few decent TMs/SMs that try to do the right thing but if they get caught doing it they get punished. State Farm is a sinking ship, that they crashed, and now the Captain and other officers are stepping over the elderly, women and children to save themselves and kicking people off the life boats. I get you need to pay the bills, but find a way out sooner than later. This get's a lot worse and does every day. I almost feel dirty everyday I have to work at this place, and you know deep down what this company is doing is just wrong at every level. Get out, just get out, Sorry, hope that helps some of you decide.


Leave

I left SF about a month ago but stayed in the industry. I learned that SF was 10x more toxic than I thought… They underpay you, trap you in roles that make it harder to be competitive outside the company, and ruin your physical and mental health.
Senior leadership at SF has turned into a complete joke. I no longer feel embarrassed when asked where I work.
I hope you all actually take the leap and rebuild your lives by leaving that he-l hole.


This will NOT be the last round of layoffs if history is any guide

If you're early or mid career think longer term about the implications of a shrinking oil and gas industry, and where you want to be in the future. This will NOT be the last round of layoffs if history is any guide. Do not wait too late to transition to something else with more long term promise. Don't box yourself into a role that will not translate to another one elsewhere. It is quite rare that you will make it past 55 (or even 50) in this industry and by then it would be too difficult to pivot.

Sound advice. OP: @c8+1ka0j1k60


Former Verizon employees

Hi, Verizon employee here. I have heard that many former Verizon employees went to T-Mo. If you are one of them, can you provide some insight into the similarities and differences? Not asking for specifics, just generalizations. Curious about how different we all are. I am former ATT and found both ATT and VZ to be pretty similar


Hughes is required to refer new customers to starlink

I recently found out that Hughes doesn’t actually own the Jupiter-3 satellite, it’s leased from EchoStar, and Hughes pays about $190 million per year for that lease.

I also learned that the SpaceX–EchoStar spectrum deal includes a clause requiring EchoStar/Hughes to refer new customers to Starlink. Essentially, if someone wants satellite internet, EchoStar will direct them to SpaceX’s Starlink service . Bonkers 🤯


Housekeeping reminder - Save EOY reviews, save personal files

Send mid year and end of year pdfs to your personal email. It’ll come in handy to update resume

If you have any personal stuff on work laptop, remember to send it to your personal emails/laptops.

Better to be safe Incase access gets restricted or completely removed.

Seems like a no brainer but I remember one of my X-co workers
In a different company had terrible experience. He was with the same company for so long that he didn’t realize how much personal stuff he had forgotten to transfer to personal computer. Then one day laptop access was all one & it got very chaotic.


Still in probation, fear getting laid off

Hi all ,
Firstly my heart goes out to people who got laid off ,one of my colleague got laid off and we were taken aback by the whole thing (never expected that he would be the one to be impacted by it)

I joined synopsys few months ago , I'm still in probation , I scared that they might lay me off , I can't stop thinking about it, if in the worst case scenario I get laid off , is anything that I can expect in terms of severance or anything at all ? Any advice here ? I work in TPG


A friend's kid just got a job here

She called me excitedly to share the news. I really didn’t have the heart to tell her how bad of an idea I thought it was, or how I don’t think he’ll last more than a few months in this toxic atmosphere. He’s too nice of a guy, and you need to have a much thicker skin and fewer scruples to survive here. I almost feel like an a--hole for not warning her, but what good would it do?


Take a few weeks to decompress

I know I’m going to. The urge to start job hunting right away is strong, but after everything we’ve been through, you’ll thank yourself for taking a little time to breathe, reset, and get your head straight before diving back in. I'm speaking from experience, since this the second time I've been laid off.


Some benefits of RTO that may help motivate you

  1. Collaboration: Being in the office can make face-to-face meetings and spontaneous brainstorming easier.
  2. Culture building: Physical presence can help new hires integrate and reinforce company values.
  3. Visibility: Managers can see work happening and provide real-time feedback.
  4. Team cohesion: Shared space can strengthen relationships and alignment across teams.
  5. Structured environment: For some roles, having a dedicated workspace helps employees stay focused and productive.

You see how these are all good things? Just RTO 5 days as you’re asked and we can turn this company around. Cmon guys. It might even be fun!


Unemployment benefits claim

Please share your experience claiming unemployment benefits in the current state. I had worked for Wells Fargo for more than 5 years as a full time employee in lead level role. Looks like weekly benefit would be $300+ for 12 weeks with max of 4000 k +. And there is a waiting period involved for first claim?


RSUs not part of severance

I’m a GL31, that was laid off. My last day is late November. I have been with Optum for six years, and have been in various roles (including two integrations). During that time I’ve accumulated a decent amount of stock options (all currently worthless at the $400-500 strike price), and stock RSU grants. My next RSU vesting is Feb 21, and would have amounted to about $30K (at today’s share price). I also obviously am not getting a bonus for 2025.

My severance letter is offering to give me 12 weeks of pay, plus a week of unused vacation. No RSUs, etc.

My question is - before I sign my severance agreement, should I have a lawyer attempt to negotiate the inclusion of my RSUs as part of my package? Has anyone done or heard of this being a successful strategy?

I have 45 days after my last day to sign the letter. I feel I’ve put it the vesting time of six years waiting for these stock awards to vest, and that I should receive these RSUs that are just a couple months shy of vesting. Do I have any case?

Thanks for any advice you may have.


Quite Quit or Leave Loudly

Leaving Loudly: Why I’m Gonr After a Decade
The End of a Chapter
Friday marks my last day after ten years of dedication, hard work, and consistently exceeding expectations—90% of my ratings were top-tier. Yet, despite the numbers, the experience left me drained and disillusioned.
Quiet Quitting vs. Loud Leaving
While many choose to “quietly quit,” I’m doing the opposite. I’m leaving loudly—not for drama, but because silence protects systems that harm. Speaking up matters.
The Human Cost
This ISP hasn’t been easy. It’s taken a toll on my aging parents, my spouse, and my kids. The emotional weight is real, and I won’t sugarcoat it: I’ve felt depressed and confused through this process.
One Piece of Advice
If you’re in a similar situation, know your worth and don’t ignore the signs. Blind loyalty can cost you years you’ll never get back.
A Hard Truth About Edward Jones
To my network: take a hard look at Edward Jones. High fees, outdated practices, and a culture that undervalues high performers have left me embarrassed I stayed so long. Tell your friends. Protect your future.
Closing Thoughts
Leaving is hard. Staying in a place that erodes your confidence and well-being is harder. Sometimes the loudest exit is needed.


What are your tips for moving on?

Like most I am worried about being laid off.
What advice can you think of for those who may not be in the best headspace of the worst happens.

Trying to ask a somewhat positive and practical question. I have many issues with the logic of some choices I’m aware of but they may end up being a different thread sometime.


Advice needed

I have an offer from Carelon in the behavioral health area. I’ve heard the person that heads that business is a good leader (CP) but the person above her I should stay away from in Carelon (BW) I work in a similar field today but this is a promotion and seems like a good opportunity. I’m just concerned about what I’m hearing about the other leader. Any advice.


Life lessons from someone who was laid off from another oil and gas company years ago—and learned it’s not the end of life.

Life lessons from someone who was laid off from another oil and gas company years ago—and learned it’s not the end of life, but the start of a new chapter.

  1. Identity tied to work

Often we invest so much time and energy into a job that we end up confusing what we do with who we are. If the company lets us go, it feels like they’re rejecting our identity, not just our role.

  1. External recognition

Work is often a source of validation: bosses, colleagues, achievements, promotions. When that disappears, it creates a void that can make us doubt our own value.

  1. Security and belonging

A job also represents economic stability and a place in a community (team, corporate culture). Being fired can feel like losing a “family” or security, which hits beyond just the professional level.

  1. Social narrative

Society often measures success through work. This makes us unconsciously internalize the idea that being fired equals “failure,” even though in reality it’s just a change in circumstances.

  1. Emotional factor

Even though rationally we know human value doesn’t depend on an employer, emotionally it’s hard to separate self-esteem from this experience, especially in vulnerable moments.

The key is to rebuild your narrative: being fired is not a judgment on your value—it’s just the end of a cycle in a place that no longer fits you. Your experience, character, talents, and ability to learn remain intact.

Practical Strategies to Reconnect with Your Value After Being Fired

🔹 1. Redefine the narrative

Instead of thinking “I was fired”, reframe it as:

• “That place was no longer right for me.”

• “A door closed, but it opens others that may fit me better.”

The words we use shape how we feel.

🔹 2. Separate “role” from “identity”

Make a list of who you are outside of work: parent, friend, creative, good listener, curious, resilient.

This helps remind you that your essence doesn’t depend on a contract.

🔹 3. Take stock of personal and professional achievements

Write down your accomplishments, not just at work, but also personal ones (e.g., learned a language, supported a friend, overcame a challenge).

Whenever you feel your value is in question, review this list.

🔹 4. Seek internal, not external validation

A company validates results; you can validate your effort, learning, and integrity.

Ask yourself: Am I proud of how I worked? Of how I grew?

🔹 5. Build a support network

Talk to people who value you for who you are (family, friends, mentors). This reinforces the idea that you are not “your job.”

🔹 6. Practice healthy detachment

A useful exercise: imagine your CV and current job disappear. What’s left? What remains—your character, creativity, values—is who you truly are.

🔹 7. Refocus on the future

Set small goals: a course, a personal project, learning something new. This restores a sense of progress and control.


Should I not leave my current job if I’m offered a position with Cigna?

Since I’m seeing people worried about layoffs, should I decline if a position is offered to me? I had an interview that went well but I don’t want to end up getting sc--wed over by leaving my current company if I am offered a job with Cigna and end up being laid off a few months down the road


Right Management?

Has anyone used the benefit Right Management for career placement after EOI yet? Some googling has me thinking it's a waste of time. I'm not looking for a new job for another 6 months or so, so IDK if I can delay starting it or not.
Anyone find a good recruiter they can recommend for engineering/operations?


Advice?

Starting a new role with the company for a senior position, I’m expected to be in office since I am near one of the pulse points.. what’s some advice you would give for someone starting off with the company and things you feel like your manager won’t tell you?

Does my screen need to be awake all day when wfh?