Thread regarding Verizon Communications Inc. layoffs

What was the deal with the stock payout in 2019 and 2020

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| 2192 views | | 6 replies (last November 21, 2018) | Reply
Post ID: @OP+WemnYV6

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@1wwg. value of 25 shares each year on vest date + dividends (assuming you are full time)

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Post ID: @1wyi+WemnYV6

The company pretends that employees have been given shares of Verizon stock. The company simulates dividend payments with reinvestment (bonus stock). No real stock is purchased, held or sold. Only the payout is real.

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Post ID: @1ylu+WemnYV6

How much stock we supposed to get

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Post ID: @1wwg+WemnYV6

Lowell did it, not Hans.

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Post ID: @gnc+WemnYV6

New CEO comes in and says he wants employees to have a stake in stock price. Chump change, was too small of a benefit. Not even a factor to 99% of employees who were looking to leave, but they get to keep it.

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Post ID: @wpd+WemnYV6

what about it? if you take the VSP you'll get them.

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Post ID: @lxj+WemnYV6

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