Wondering if anyone’s heard how bad the October RIF will be and what areas will be hardest hit
18 replies (most recent on top)
Im being told this morning from building 4 that the company will use soft iPhone 17 orders to justify RIF coming in mid October. Names are being gathered now from the band 5 subordinates.
@j4 I was responding to someone who was talking about a vsp.
@ct
reorg != RIF
I don't know anyone got let go for last 2-3 re-org since beginning of 2025.
ge-z, be a man, have some confidence. Why do you even live your life?
@j3 I hope includes so called shadow finance! What a grift
Post ID: @gg+1k32hwmq . Contract last another year, and don’t think the union has anything to do with a RIF or a say in RIFs. They barely have any say in a new contract, VZ just steamrolls them
6% target across Finance according to my AD in ERM. Dec 19th off payroll date.
@ea I doubt it. The contract ends August 26. The only way they offer it that close to end of contract is if they already have an agreement with the union on a new contract.
@dj always good to come back and remind yourself what true freedom from VZ oppression feels like.
Lots of chatter about another VSP offer coming 2Q26 which lines up with the Frontier deal.
@a1 and yet here you are
What org?
This 1,500 cut is just the opener. The real hit comes Feb–March with “alignment” — code for a bigger reorg. Verizon’s goal is the low 70Ks, which means 10k+ jobs gone. This isn’t the end, it’s stage one.
It’s the annual Home For Holidays celebration at Verizon. Go V Team!!
It will not be as big as expected, around 1500 heads. The big one will come around next year feb-march and then into another "alignment" reorg.
" Ah, the quarterly RIF worries. Reason #1,001 why I don’t miss it here." - @a1+1k32hwmqr
...and why I remained Union
They won't have a good bead till after Sept but before the end of October to keep in line with the Plant Closing Act. Bad words delivered on the middle to last pay period of November. Ususually before Thanksgiving. Off the payroll at the end of the year.
Ah, the quarterly RIF worries. Reason #1,001 why I don’t miss it here.