I find the rumblings just (which will happen Thursday… where there is smoke, there is fire) rolling off my back, like water off a ducks.
In Jan/Feb 2021, I was part of the RIF and was able to find a new role. After living through that experience and being a people leader then, I told myself that next time major rumblings came around, that I would embrace the RIF. So here I am embracing Thursday’s news.
Sure there is anxiety about am I impacted or am I not, but I don’t really want to start this post-Verizon change pre holidays leading into 2026 that the macro US economy is going to be dreadful. With that said, there is life outside of Verizon. There are a lot of good things happening in industry outside of Verizon.
We are just a cog in the wheel for shareholder value and the stock price. Our CEO has made that crystal clear. It’s best to treat your role as a cog in the machine for you to enjoy life. Think about work in the hours of work, after work forget about it. Come back to it the next day. It’s ok to ignore a slack or an email.
RIF Package expectation based off previous years.
2 weeks pay for each year of service.
Vacation payoff (hope you didn’t drop below 150% before the year ended. *this was the first hint of it happening this year btw.
Stock together- we can dissect this wonderful move. Hans introduced it and ever since we have experienced the stock price lagging against the industry. Not the cause of it obviously, just ironic.
STI- probably *from what I’ve heard gets paid out but that’s coming from a friend of a friend