Thread regarding Verizon Communications Inc. layoffs

@k2 I still would take it and pay out of pocket until 65

@k1 no they won't. Because the job market still su-ks, healthcare is very expensive and for most, still tied to employment. Unless you are already 65, not a good time to voluntarily leave a job even with an enhanced severance, unless you already have a new one lined up, which most don't,

Targeted VSP for anyone with 20 or 25+ years with the company, 4-5x the severance vs 3x. You'll get a 90% take rate.

@b7 then why is everyone still here. Its been offerd three times. Keep the bs talk

@fq Chicken or the egg. Many think they are meeting expectations pointing at made up sentences on a BS review, management doesn't want to the paperwork to correctly grade employees as under performing. Too many are overpaid, you never had the skills, you were made to believe you were qualified and you still believe.

When management is told to layoff employees. I've seen this Play on repeat several times. Would you rather keep Grandma or Grandpa that you're paying over $100,000 that only has a few years left to work at best, or keep the young attractive newbie that your only paying $60,000/yr and has 25+ working years left.

@fe that work ethic and laziness is driven by the pay at Verizon. Most of us are performing at “Meets” since there is a cap on how many employees can “Exceeds”. Reward those that truly “Exceeds” even if it surpasses the cap, but that will never happen. Low pay = low effort/output.

What if my older workers are toxic and if they are let go or leave, it leaves a huge mess of ick that I do not want to fix. I rather then just be part of that wave. They also worry if the mid and senior staff are let go then they are sitting in their own sh-t.

Many "older workers" will say they've put in the work and shouldn't have to work long hours. That the "young workers" need put in their time. Your wrong. Too many, young and old, are lazy. The work is not getting done, no matter much you "believe" you are doing.

@dv I’m exactly where you are in terms of age and service. I “self-nominated” a while back and hoping for something in 1Q27.

@b7 yes I am hoping for one this year. I’m ready and I am FRA + a few years. Everything I once loved about this place is gone. Fingers crossed 🤞 and I will gladly leave and give another outsourced young person an American Job. Pathetic what has happened to this once great brand.

What makes you believe there is a plan, that they genuinely care about the company's future, understand the technology, or still value your expertise? That is simply not the agenda of this new clique. Wake up! Your knowledge, misplaced loyalty, and dedication are no longer valued—they are dismissed and ridiculed.

Verizon used to no hire Distinguished Engineers externally which started almost 2 years ago. How did it pan out, co-workers that had more than a decade at Verizon were not very happy. The new Distinguished Engineers were not well onboarded correctly by their management, delivered very poor quality work.

@bh 21 years here and I know for a fact I’m not getting much higher pay. People that job hop and move around a lot make much more.

i’ll give you two reasons-

• much higher healthcare costs
• much higher pay

If they really want to get rid of us all (without worrying about law suits) they need to offer a package! Most of us would gladly take it at this point