Thread regarding Verizon Communications Inc. layoffs

buyout

Attended seminar last week, talks were about package being offered in Q4. The flyers are up in CO across NY. They may add time to age & service to meet the number 75, also mentioned it wont be worth staying to end of contract with offer they will provide. Let's see what happens.

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| 5989 views | | 27 replies (last August 13, 2019) | Reply
Post ID: @OP+10j9sMtp

27 replies (most recent on top)

4th quarter is the word on the street.

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Post ID: @dxnj+10j9sMtp

Ain’t happening !

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Post ID: @cmab+10j9sMtp

I heard the 4 & 4 from an dispatch fmn in NY. Heard it was coming in oct. I also heard that the one rumored in June is the same one but delayed because they had to negotiate with the union because it goes above and beyond of the eisp which is contractual adding years is not and must be approved by the Union

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Post ID: @cwkw+10j9sMtp

There is no 4 and 4 it’s just some id–t troll.

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Post ID: @ccwp+10j9sMtp

What state did you hear the 4&4 rumor?

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Post ID: @ckcz+10j9sMtp

Just heard 4&4 coming in oct.

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Post ID: @cveg+10j9sMtp

Come on October!!

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Post ID: @bfax+10j9sMtp

I’m in pa and outside hasn’t seen an offer in years. Only people in business office has.

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Post ID: @8brd+10j9sMtp

@8wvw that is definitely true and I agree but every single buyout has always been done by titles where I have been

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Post ID: @8cma+10j9sMtp

@8ygx : you are only field techs when it is convenient for them !

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Post ID: @8wvw+10j9sMtp

In New York we are all field technicians there is no more title of Lineman splicer Etc. It goes out for field technicians in seniority basis across the board

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Post ID: @8ygx+10j9sMtp

So this is an offer for lineman only and not across the board?

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Post ID: @8ang+10j9sMtp

Last I heard (about a month ago) they were going to make the temp linemen permanent. Then that’ll clear the way to get rid of the older employees. The temps have been here anywhere from 6 months to 1 1/2 years and they were waiting until they were trained before possibly making a eisp offer.

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Post ID: @8oaq+10j9sMtp

I am hearing that there is some back and forth between the company and the Union right now as far as making the temps permanent. My understanding is it in order to give out an eiSP you have to declare a surplus and how can you declare a surplus if you are hiring temporary employees permanent so even though the eisp is in the contract that they would have to get rid of all the temps which would leave them short-handed especially on Long Island where they are doing a ton of T&R work

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Post ID: @8nio+10j9sMtp

That’s the plan...if they offer an eisp, I’m gone. If not, I’ll ride out four more years.

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Post ID: @7kww+10j9sMtp

We have been hearing “credible” rumors for years ! Take the 4 year gift they gave us and stuff some money away

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Post ID: @7slh+10j9sMtp

@6kwp
Heard it from the second liner...more than once. I’m not a lineman so there is no reason that he would lie to me. He may be wrong, but I’m just passing on what I’ve heard. Seemed credible as it wasn’t a friend of a friend type of rumor, but came straight from the horses mouth.

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Post ID: @7rje+10j9sMtp

@3xya : New Jersey just had to bring linemen in from NY and PA for 6 months to do work , so I doubt they will be getting rid of linemen

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Post ID: @6kwp+10j9sMtp

I have been hearing the rumors of age and service.Does this have to be negotiated with the union? Does anyone have any ideas what departments would be given the offer?

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Post ID: @6vww+10j9sMtp

I heard in NJ that they are going to have a offer for linemen only. 44 people...2 from each location. Maybe that is one of the three different offers? Heard it was going to be in the 4th quarter. 2nd liner said it came from the VP.

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Post ID: @3xya+10j9sMtp

I think the rumors are not true. At least not in NJ. I spoke to our business agent yesterday and they have not heard of any offer coming out. Something strange is going on. There was a person in our Livingston office from some financial place stating that they have an in and there is going to be 3 different offers. Offers will be different for different titles. I never heard of that before. ??

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Post ID: @3bfi+10j9sMtp

Bring on the EISP!!!

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Post ID: @3mme+10j9sMtp

You sign up for the seminars... I heard of them found out who was signing people up and attended...now we have 2 more dates due to demand

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Post ID: @1jfb+10j9sMtp

Was it an Alliance seminar, he is out of Maryland?
If so they were in Livingston NJ last week where I attended. He said he had an “in” and was advised 3 packages by EOY.

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Post ID: @uxm+10j9sMtp

seminar flyers are posted in central offices, I wasn't invited it's voluntary

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Post ID: @jia+10j9sMtp

how about some more info ? why were you invited to a seminar? I didn't hear of any info in the COs. hope your right.

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Post ID: @eqz+10j9sMtp

Praying for a esip

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Post ID: @qmv+10j9sMtp

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