Yes. It's true. Come June 7th if you are on a written or final warning, you will given an end date and will be GUARANTEED severance. On the flip side, if you aren't on write up, and preference severance as your first choice, there is a chance you won't get it. There is a chance you instead get a position working for the company that is trying to pay off it's employees. The concern we all have with this is as follows. If we don't get severance and are otherwise forced to stay, the environment is going to be so awful that most will quit. Verizon is banking on this. Offer severance, then elect to keep the most expensive severance packages as employees and bank that they quit and get nothing. Why not just give everyone severance that doesn't want to stay? This smells likes a bait and switch. This smells like sh-t and I don't like the smell of sh-t. The company that we all used to be proud of is treating us as customer service wh--es. They are pumping us out over the next 6 months while behind the scenes they prepare to eliminate us entirely. Once they know that the vendor centers are staffed an trained, it's game on. What a sh-t show. What a failure. Hope your family is proud of you Hans. Because none of us here at Verizon think highly of you whatsoever. You are the reason we are failing. I wonder how big your bonus was this year? I bet it was more than most of us will make in our lifetimes. Why not cut your bonus? Reduce your own salary? How much do want to save the company? Clearly you're only focused on your own personal success than the success of your peers. You're disgusting and you're a failure.
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Unless they decide to put us all on PIPs and just fire us intead so they don't have to pay us severance. SNAKES.
This is actually true!
White up you get the Severance if your white up
HR let this slip in a couple lunch n learns to stop people from asking how many spots there are. Classic tactic to distract and deflect from the real important question.
Does anybody have the number for the compliance line? In Verizon's credo all they do is talk about integrity and ethics and here they are picking and choosing who gets to get severance. There's no way that that can truly be legal. I am looking at an employment lawyer if I don't get severance with high 10-year and leading performance.
Retail is not impacted. Only Customer Service. But who is to say that later down the road Retail won't be impacted. Higher ups have been revamped and more trainings are up ahead. All I can say is this ship is about to get rocky really fast.
This is NOT fake news. VZ is laying off at the same time as ATT. The difference between VZ and ATT is with ATT you have to live so many miles from either ATL or Dallas AND ATT is NOT giving any of their employees a package to move. It's all on the employees own dime.
VZ is NOT just laying off reps that don't want to work or are on write-ups. VZ is laying off altogether. Reps are the only ones getting the options. Sups and above have NO options. Sups already know their fate. They found out the day the pre-recorded video aired.
There are no locations for those being offerered an option.
So, you mean to tell us they are going to reward schitty employees and sc--w over the good ones? Bad employees shouldn't even get the option of severance! What kind of messed up F-kery is that?
what locations are affected?
Only guaranteed is if your an executive you get money to leave
Damn Right!!!
Can we get clarification? Where is this happening ? Retail? And are people just being offered severance if they have a write up ? Too confusing
@aeg+1mUjK2Ne it's not false.
It is not a fake news. I have confirmation from a sup who told us and the team.
Yes this is true. If you read the FAQs regarding severance you will see this.
People need to speak up to there bosses and ethics Not HR they just love to spin things & are there only to help the company. You just need report to ethics something simple like how is the ceo allowed to sit on blackrocks board that controls a direct competitor Att. That my friends would be a conflict of interest for us and a separation from payroll. How is that allowed ?
Is there any corroboration on this ? Sounds like fake news
Is Andy still around? That is a wasted salary? Stopped watching any Vz videos waster of time and I lose brain cells.