Thread regarding Verizon Communications Inc. layoffs

Severance Payout date?

Does anyone know when the severance checks will be sent or direct deposited? I am trying to figure out that if my last day is 12/19 when will the checks or deposit be dated. Will it be dated 12/19/25. Or 4 weeks later so we get paid in January 2026? It’d be better federal tax wise to be paid in 2026, wouldn’t it? I just can’t tell by the wording in the severance documents. I’ll call them tomorrow, but wondered if anyone here had some insight.


by
| 1943 views | | 11 replies (last November 20) | Reply
Post ID: @OP+1kahfns7x

11 replies (most recent on top)

@a8 put your vzid in all lowercase no capital letters

by
| | Reply
Post ID: @ab+1kahfns7x

@a3 ya, I saw that, but I was reading it if you were still on the books in Jan 26, I just wanted a bit of clarification.. thanks 😉

by
| | Reply
Post ID: @aa+1kahfns7x

@a5 try again, I just updated my Dec time off beyond the 19th about 15 minutes ago

by
| | Reply
Post ID: @a9+1kahfns7x

Severance planned for January 9.

Vacation balances and personal (where required by state law) could be December 19, December 26, or January 2 depending on work state.

by
| | Reply
Post ID: @a7+1kahfns7x

On the plus side, I’m going to lower my phone bill when I switch to T-Mobile.

by
| | Reply
Post ID: @a6+1kahfns7x

I’m already blocked out from canceling upcoming vacation time so I can receive it in a buyback.

by
| | Reply
Post ID: @a5+1kahfns7x

You have 45 days after your departure date to sign the severance agreement. I am thinking this would be a way to guarantee a 2026 payout.

by
| | Reply
Post ID: @a4+1kahfns7x

In the Severance information sheets, they specifically say that your severance and any unused vacation time will be paid within 4 WEEKS of your separation date. So, if your last day is 12/19, then you would get paid on January 16 or sooner.

by
| | Reply
Post ID: @a3+1kahfns7x

They have up to 45 days to process it, but usually it's within 30 if you sign your severance agreement as soon as you are able. So yes, it'll be 2026.

by
| | Reply
Post ID: @a2+1kahfns7x

I took VSP and was off books 12/20 and I got my check in January.

by
| | Reply
Post ID: @a1+1kahfns7x

Post a reply

: