Thread regarding Verizon Communications Inc. layoffs

Heard a bit of new info on a associate Eisp on union side

So again hoping all the managers that were riffed did okay with some severance it’s not a cure all but helps get em thru!!!On the associates union side assuming they want us gone .It does not sound like it will be an across board Eisp offer for everyone and anyone .It sounds like there will be one but it will be targeted.Unfortunately it would seem like since most of the associates are retirement eligible they won’t let everyone go at once.So if you need that little extra buyout cash to leave sounds like your gonna have to stick it out till your age or finance allows.Im assuming it sounds like they will probably agree on some sort of 3-4 year extension.So we have to assume they may actually not be prepared quite yet for the entire field work force to leave .Sad the company over last 20 years did not plan ahead .It makes no sense that our entire work force at this point especially in the physical field operations looks like a retirement home.If your 50 years old your considered a young boy in this place


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| 1754 views | | 11 replies (last January 6) | Reply
Post ID: @OP+1ke769zm7

11 replies (most recent on top)

@a6 Its going to be HUGE.......30k for every year of completed service

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Post ID: @c8+1ke769zm7

Its going to be HUGE ........ 30k for every year of completed service

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Post ID: @c7+1ke769zm7

@OP you have no new news, just a bunch of mumbo jumbo. They know guys are leaving on there own so sack up and stop waiting for a mystical offer.

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Post ID: @by+1ke769zm7

Hopefully soon. It would be nice to get a little bump on the way out.

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Post ID: @bj+1ke769zm7

There will be no problem getting enough people to take an offer.

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Post ID: @aq+1ke769zm7

@ag I think the company is at the point of cutting costs anyway they can, and dealing with the aftermath later, and if that means an older workforce for a few years so be it.

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Post ID: @ah+1ke769zm7

So problem is when they do an offer if enough don’t take it they end up having to let go the few new hires not protected .Like hired after 2003 then leaving them with once again the old .So I would assume if their serious they will make it a good offer

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Post ID: @ag+1ke769zm7

It’s going to be a basic eipp across the board with layoffs to follow if enough don’t take it. The same deal management got.

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Post ID: @af+1ke769zm7

Play to Win. Listen to Dan. Is this a game?

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Post ID: @ae+1ke769zm7

I think it’s gonna be a big Eisp offered not sure for who but an enhanced one !!

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Post ID: @a6+1ke769zm7

shut up

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Post ID: @a4+1ke769zm7

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