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Retirement Benefits......HA!

RIF'd after 29 years with company.
I'm retirement eligible, but there are absolutely ZERO retirement BENEFITS!!
Seriously.....extremely high healthcare costs, and a 25% disc on cell service.
That's an insult to any employee that stuck around this sh---y company for so long!!

DO NOT WASTE YOUR CAREER HERE....LEAVE NOW!!!


just curious: has anyone tried to sue oracle because of the riff?

I didn't do this, I don't think a person could win, but if someone thought it was their race, age or whatever you can think of, and gets riffed -- yet people are left working and they didn't get cut. just in general thinking they are targeted or whatever.
I thought about it, but I needed that money.

Bill


HR: 13 will be let go tomorrow from Palm Bay

Will not specify what departments but Sr. Managers have the picks and HR has been notified. Also for next year we have operational changes and more business consolidation, a plan to cut 5% of the workforce for cost savings is in discussion. I hate this part of my job and this is how I vent. Im sorry


Supposedly Giant Healthy Business incurring a lot of reputational damage to Best place to work claim

Looking back over the last year and a half: supposedly setting ourselves up for growth and durability (whatever that means), pulling back on travel, pulling back on new roles, eventually not refilling roles, teams are stressed and overworked, removing dollars for team meetings and culture building (formally culture was important), more and more town halls and Blue pulses - although those meetings and surveys were less and less substantive - saying for the most part nothing. Simply giving the appearance of communication but empty of anything real. Perpetual lack of funding and what is funded is only to minimum viable value, always behind and not addressing technical debt, Anxiety is high, RIF for tenured expensive people short term gain (although with a lot of experience navigating giant enterprise - long term very costly) and now sounds like possibility of early retirement options. For a supposedly giant healthy business it seems far from it. Putting aside the constant exec pay and exec bonus commentary, as a business did the Cigna purchase over-leverage HCSC or are there Convenants in the debt service for that purchase that require certain ratios or performance metrics that should of never been accepted? Should we all be looking for a job now?


Attention Global Payments Operations Team Members - Offshoring/RIF

Are you in Operations in the US or Canada, well expect your job to go overseas in 2026. Along with our friends from McKinsey, Ops leadership is making a BIG push to offshore Ops team members to our offices in the Philippines or to a new third party vendor in India. Yes, you heard it right, your years of commitment and hard work will be rewarded by giving your job to a third party vendor, all to save a buck. Looks like this will be a big shift with almost 70% of Operations team members in North America being impacted. Managers, SME's, skilled roles to call center and back office, doesn't matter. Going from thousands to only hundreds of team members remaining in the US.

So uh… heads up to the rest of the company when your new offshore “team” pulls up with zero idea what they’re doing. Good luck, I guess


True or not?

RIFs have been taking place since the first week of Sept. Get with it.
Have there really been constant layoffs for the past few months? I haven't heard of anybody being cut since much earlier in the year. Yes, a lot of people are mentioning layoffs and we all know more is coming, but so far, it's yet to materialize.


Corporates - Account Specialists

if you’re an account specialist in corporates you might be cooked 8/10. If you haven’t received your RIF notification already well you’re either safe or they’re coming for you too. I mean they’re eliminating directors, managers, and account specialists. So it doesn’t seem like anyone is spared. It seems like a lot of these people are being let go. Thank you for your time and attention to this matter - blur


Dan’s AI Pitch: The Outsourcing Edition....

After 15 years at Verizon leading AI initiatives, I was swept up in the latest RIF which was ironic, given that one of my current projects was highlighted in Dan’s recent AI pitch.

I began transitioning responsibilities to a senior colleague, only to be told today that I should now train a new hire in India. Same title as mine, brought on last week, fresh out of a 2021 graduation, yet his resume reads like he mentored Sam Altman. Apparently, “worked exclusively with US companies in India” is the new definition of deep experience.

When I asked my Sr. Director for clarity, the response was : “This is out of my hands. More org and budget changes coming soon.”
Translation: brace yourself, the outsourcing wave is just beginning.

Let’s be clear, Verizon isn’t cutting costs by hiring “cheap labor.” as I see some oblivious people saying, these contracts start at $40 an hour and can climb past $60, often padded with fantasy resumes. The difference is they’re remote, from small towns where overhead is low, while Verizon keeps cashing in here in the US.

So don’t fall for the AI fairy tales or the “Verizon values” slogans. The reality is simple:We U.S. employees are being replaced, while our politicians & news outlets are busy with nonsense and the greedy companies keeps pocketing the profits.


Severance after RIF

I work in NJ. I have been Riffed . On salary (and working) until 2/16/2026 plus severance for a lot of weeks. IF I take a job BEFORE 2/16/2025, will I lose MY severance? Someone told me that I will . I have NOT confirmed with HR, yet. Anyone know and is in the same boat? Kind of makes me want to hold off looking for a NEW job!!!!!!!!!!! SO UNfair if true!


Weight off my shoulders!

As I realize that many people will struggle following the recent layoff round, I can honestly say getting that call was a godsend for me. Im no longer feeling the pressure of unrealistic goals and endless meetings. Fortunately for me, securing a sound financial plan over the past 24 years has made it possible for me to make the best of this RIF. God Bless all of those affected and hopes for a brighter future Post Verizon…


Severance Calculation Sheet Incorrect

Yes, I too have been hit by the recent RIF after 30+ years. Several of my upper management also got hit. Unfortunately, I believe the severance calculation sheet is incorrect. Don't sign until you know for sure. It is much less than what I was told and the numbers actually don't match salary and the cap of 35 weeks. I've scheduled an appointment with HR, but so far, they haven't accepted. Anyone else seeing this?


Executive Compensation During RIF

While the plan was being developed to layoff 15,000 people a retention bonus was extended to Sampath and the CFO Skiadas. Each received $4,000,000 in stock. Hans will collect close to $25,000,000 for 2025 and will continue to get paid as an advisory member of the board. Dan's salary is $1,500,000 with long term incentives that will mature to $60,000,000.

Let that sink in while you navigate your job search. For those that have expressed guilt because you still have a job and your peers were let go, ask these execs how they manage to sleep at night. They are making a windfall while others suffer. Sam can speak to this in the next all hands and explain how execs and the front line are treated equally.


EA Internal Opening Posted

Did everyone see an EA position just opened up in BR? I am sure there was someone more than qualified that was just RIFed that could have been retained. It's disgusting to make people flock to one single position in the hope they are not taken off payroll.

I am glad to walk away from this place.


Larger load Multiple Directors telling everyone they need to take on more of a load

I saw in previous post same thing was stated .Being told we need to carry a bigger load now.Im relieved to survive the rif but I’m just not sure it’s fair we now have to carry an even bigger load!I mean why should we be expected to carry our own load plus now everyone else load that was let go.Does anyone agree or should we just deal with the bigger load


VSP

I got pretty lucky a while ago after almost 30 yrs i took the VSP and was in the first group in September 2024 at 62...

my verizon health care ends at the end of november and if i want to keep it, it will be out of pocket.

i am covering the last 22 months till i hit 65 and get medicare with va health care, and i still have a good chunk of my vsp money left to live on for now...

i have not touched my 401 or my investmnts yet, and i have not filed for social security either.\

i agree that simplifying your life helps a lot and the drop in stress is a huge bonus!!!
but everyone has different situaitons, different ages and their own finances to adjust to...

work every angle, you might be surprised whats out there to help you.

i wish the best of luck to everyone at verizon dealing with the rif, and if you were good at what you did, another opportunity will come along.


CIO RIF

If you can’t already tell. CIO is under increased scrutiny for headcount. They are looking to reduce costs/headcount by 10% across all CIO pillars for 2026 and achieve something called “reimagine work “ by 2027? I’m not sure what reimagine work is but doesn’t sound good. Especially if it’s following a goal to reduce costs.


Feeling a bit better made it thru My director told me I should be good next round of layoffs

So we have all been stressed but made it thru .I am feeling better since my director told me I should be ok the next round of rifs after the frontier merger.He said we all may have to pick up the extra slack but it will show we are value.


RIF CA remote workers

If you only received a 30 daybWARN notice, CHALLENGE IT. They are trying to sc--w those of us that work remote. Your job profile probably says walnut or Irvine. Contact the Ask HR and be sure to challenge their policy (which is not the law). Here is what I sent... (the more of us that challenge their bad business practice the better for all of us)

Dear HR Department / [Specific HR Contact Name if known],
I am writing to formally acknowledge receipt of the layoff notification dated November 20, 2025, with an effective date of December 20, 2025.
Given the significant number of employees affected by the recent workforce reduction, both within California and company-wide, I have questions regarding the notice period provided under applicable state and federal laws, specifically the California WARN Act and the federal WARN Act.
The notice I received provides 30 days' advance notice. However, both the federal WARN Act and the California WARN Act generally require employers to provide at least 60 days' advance written notice for mass layoffs.
I kindly request the following information:
Clarification of the Notice Period: Please confirm if the 30-day notice period is being provided in accordance with a specific exception to the 60-day notice requirement (such as the "unforeseeable business circumstances" or "faltering company" exceptions), and if so, provide documentation supporting the applicability of that exception.
Documentation of Compliance: Please provide documentation verifying that notice has been given to the appropriate state agency (California Employment Development Department (EDD)) and local government officials as required by the WARN Act regulations. Employers can email their notices to the EDD at eddwarnnotice@edd.ca.gov.
I appreciate your prompt attention to this matter and look forward to receiving the requested information.
Sincerely,
[Your Full Name]
[Your Phone Number]
[Your Employee ID Number]


Keep Kicking a RIFer while they are down

Bad enough after 30 years to get kicked to the curb as a high performer, but now they are starting to remove people from the Slack groups. Just another reminder of you are just a number. Couldn't wait until everyone is off the payroll, just keep ripping off the band aid again and again.