#vsp

Is anyone able to clarify what to expect on the 26th. Is this just Europe, Middle East, Asia (EMEA) or is this also in the states? Is it an offer of a VSP or a RIF? The posts have been vague.

Are VSPP offers enhanced any or are they just regular layoff/severance package rates?

Have there been any offers to anyone other than Techs?

Anybody have any updates on layoffs or VSPP offers for outside techs now that the fiber is gone? Being as short handed as we were when I retired in December I can't imagine they would but the people running the show aren't exactly the smartest people in world.

I am in the January VSP group. What a relief to receive AIP today, and the net amount was around what I expected, maybe even a little higher. It's nice to close another chapter. Party at my place!!!

My area is getting rid of our contractors, and not backfilling even after a large VSP leave. Checking to see if other areas are experiencing the same in the very near future. Is CF trying to get the rest of us that’s left to just quit? Entire company has fallen apart more in the past few months, just when I thought it couldn’t get worse but yet HR pretends we’re stronger than ever? Have they read comments from our members or providers or even employees? Leadership definitely doesn’t know how to read the room.

I saw here that union folks might get the option. If Verizon's planning another big round of cuts, even if mostly retail, wouldn't it make sense to start with VSP and then reassess? That way, people who really need to stay have a better shot, while plenty of people I know would jump at a voluntary package. I know I would.

Does anyone have any information on upcoming RIF or VSP? Please share what you know.

I was expecting a piece of mail from Lake Mary FL last week. I got a photo of it from the USPS but I never got the actual letter. Can anyone tell me what it is and if it's worth the trouble of tracking down?

I assume most posters here are from the commercial side. Does anyone have insights into how things are going on the FEPOC side? Morale? VSP impacts? The organization became very top-heavy over the years, and I know a lot of VSP electees were MLT/SLT/ELT. However, there were also some seasoned "regular" employees with tons of technical and/or business knowledge who departed.

Great source called me and said there's chatter of VSP in March. Anyone else hearing anything? I bet a lot of ppl sign up for this one. I'm in!

During our end of year reviews several of us have been told that there is a good chance of a VSP in March. I find this hard to believe so soon, but it keeps coming up! Has anyone else been told this?

Anyone else heard the rumor of a VSP in March?

Things have been quiet but we know budgets are still tight and headwinds are only increasing. Something is definitely brewing. How likely is it that they offer a VSP to push out more expensive employees? I recall a post here from a few months back that mentioned this being a possibility. Any new thoughts?

As many of you know, there are almost 300 spots for VSP in France.
Till now, only a punch of people (less than 30) have applied.
They are basically offering the same package of 2 years ago and expecting people to leave lol, especially with the current situation

On the eve of the final VSP departures, it appears leadership missed their training video https://www.youtube.com/shorts/FeP6UJUUtsQ

I heard that VSP is being offered company wide now. I guess involuntary may be a few weeks or months behind.

Only counted two on Linkedin announcing the news... I'm guessing not enough old guys leaving to stop the second phase... involuntary layoffs.

Can anyone confirm the 2Q VSP rumor?

Long time lurker, first time posting. I know we're all recovering from the Nov cuts, but I’ve been bored and reading the actual filings for the Frontier deal, and something isn't adding up.

The Union Shield: I saw the draft decision from the California judge (CPUC) yesterday. It explicitly says Vz agreed to 'No Involuntary Layoffs' for California union folks for 4 years to get the deal passed.

The Money: If they need to cut $500M in 'synergies' but can't touch the fiber techs or union reps... doesn't that mean 100% of the cuts have to come from Management/Admin?

The Calendar: The DOJ deadline to close is Feb 13.
The Kicker: The Nov layoffs happened Nov 20. The 90-day WARN clock resets around Feb 19/20.

Am I crazy, or is the company legally set up to drop a massive VSP/RIF on management specifically in early March? It feels like they are waiting for the 90-day clock to clear so they can target the non-union side.

Anyone else hearing whispers about March?

Rumors have it that very few people took the VSP. Do anyone knows if there might be layoffs coming in early 2026 with the low oil price environment? What are you hearing from your end?

No increase in VSPP offering!???

I got the email. I am a high performer so it was not based on that. I suspect the offer is age based to get rid of the high salary folks. I am 62.
Exit date May 31 2026.
Depending on your level 8 - 26 weeks severance (26 weeks is VP level).
RSU - an additional year of vesting.
2026 Bonus will be pro-rated.
30 days continuation Medical
18 Months Subsidized Cobra (you pay what an employee pays).

Thought might be useful info, so bumping the post up. OP: @aq+1kbjqa3b6

Setting up a new computer today and my access to the severance portal and Verizon benefits connection are no longer working. I haven't logged on in a minute so not sure when this issue started. Anyone else have this problem or know who to contact?

Human Capital had a meeting yesterday and to say that it showed the firm is going nowhere. Over 10 years and none of the HC leadership has ever been any good but if we are trying to "Project 2030" what is this? SM has no direction, just all over the place and the new structure makes no sense to anyone. On the Zoom the usual suspects who kiss up everywhere they go were doing the fake cheering but behind the scenes everyone is like "what is this?"
We have a GP over wellbeing, when is the last time you saw something come from wellbeing?? There are like 4 GP's in talent, two "shared?" for the HR Managers, a GP for inclusion when I thought we got rid of DEI. Just, stupid. How is SM helping PP make decisions about plagues like DC when she can't make her own decisions? This place is going down fast, can't wait for the next VSP I am out of here before the whole place burns down.

Why didn’t VH have Q&A at her townhall. Seems like something is brewing. Surely she knew people would ask about the VSP and layoffs.

I've heard of managers rushing projects and expecting VSP resources to work extra hours, including weekends. And possibly give up use-or-lose PTO. What rights do workers have in this situation? Is there any point in reaching out to HR? Or a lawyer?

It seems there might not be any layoffs from the general pool of people with the exception of those that took the VSP. VH didn’t address it and it seems the company is well position for the future. What’s your take on the townhall? Have you heard any rumors of any upcoming layoffs?

Teradata just rolled out a voluntary separation program.

Made a mistake not opting for VSP last year… now I am stuck with 25 years and not getting riffed… if they don’t offer VSP soon, I may be forced to just resign with no severance package… call me lucky or privileged, but am looking for suggestions

Just heard they are being offered VSP in Quincy. Anyone here from there who can confirm one way or another?

Just wondering if those who are declining the VSP they are eligible for have a concern about being laid off involuntarily with less benefits.

When are union VSPs/IPPs/buyouts usually offered? Does anyone know if there will be one offered in the northeast region?

Took the VSP and now going to the next phase in my life. Oxy has been really good to work for and I appreciate being able to leave on my own terms with the help of the VSP. I wish all those that are taking the VSP well on this new journey in life, and I will be pulling for all those still working at Oxy. Good luck to all and I hope you and your families are all blessed. Thank you Oxy for making this possible.

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.

Managers, directors , vp , etc…. Are you guys even thinking this through ? How is this even remotely healthy working environment for the ones left behind to cover so many sites. I got peers with 200 + sites. We were so thin with the VSP and now this left us broken. I guess who cares about work life balance. I swear if there’s another RIF and you guys touch GNT I think you may cripple the network. I hope you main plan isn’t to replace everyone with contractors. Did you not learn from Hans and sprint ? You want to compete with T-Mobile and At&T but this is not the way. Loosing top talent just to go work for the competitor.

I survived but I don’t feel comfortable now. How long until I’m next? Executive don’t give a cr*p about us. I’m in network assurance and we were already thing with the VSP and bo-m! Hit us 15 more people in our market. What now??

VSP’s would have been a way to keep quality employees and save money with tenured higher paid reps taking packages. I personally would have taken a package so it could have freed up someone younger who wanted to grow with Verizon. If the VSP process was done there would have been less layoffs to announce and stores inheriting quality reps and managers from the closing locations.

Anyone know if they will send emails for VSP?

I was doing some research on common severance situations using my AI of choice and it mentioned that some have been able to negotiate a better severance offer even up to the VSP levels? Anybody know is that really a thing? I didn't think we really had any leverage in this whole thing?