Thread regarding Verizon Communications Inc. layoffs

Union Buyouts

Rumors are circulating about potential union buyouts being offered in January or February. Has there been any official communication regarding possible buyouts for union members? Many union technicians are ready to retire or pursue other opportunities, and a buyout would likely prompt them to leave.


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| 1373 views | | 15 replies (last January 16) | Reply
Post ID: @OP+1kez8b4qx

15 replies (most recent on top)

@ab Fat chance of that happening. Especially for COTs.

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Post ID: @h2+1kez8b4qx

@b8 which equals about 15% same as management

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Post ID: @db+1kez8b4qx

Rumor is 2500-4500 union workers will be impacted…

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Post ID: @b8+1kez8b4qx

Wasn't it '99-2000 when that happened before? We lost whole departments, didn't matter. My boss was riffed and talked with some AD friends said all techs offer ISP Feb, next riff March-April. This is from the former mid-atlantic managers (have heard it from multiple management). Also next contract is take it or good luck. Guess we'll see but the henchman just basically said it's OK we're mediocre. Worst 4th qtr ever, going to have the largest attrition come next qtr too since everyone who got riffed is dropping VZ and it su-ks anyhow. Fidelity is taking one of the biggest hits in it's history, stock will never get to 50 at this rate. Might end up becoming AT&T again. 😕

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Post ID: @b7+1kez8b4qx

All wrong

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Post ID: @as+1kez8b4qx

I am hearing 100,000.00+4400.00 per year
This will be the final nail.
The first nail was working from home.

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Post ID: @aq+1kez8b4qx

@OP more union beggers looking for a handout.

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Post ID: @af+1kez8b4qx

That deal has been pulled due to the outage and huge financial cost of it. Too bad

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Post ID: @ac+1kez8b4qx

yeah 100k plus 4,400 per years of service,,im outta here..lol..i dont believe it. if not ill stay a couple of years more..lol.the union hasn't said anything

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Post ID: @ab+1kez8b4qx

Yes... this is happening

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Post ID: @a8+1kez8b4qx

100,000+4400 per year.this will be the final nail.

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Post ID: @a7+1kez8b4qx

@a5 what “work group” and at least give out what state you heard these rumors in ?

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Post ID: @a6+1kez8b4qx

My supervisor is canvassing tech to see if they would be willing to move to another work group. He said they expect a lot of people in that group to take the package. When I asked when the package is coming, he said soon. He did not say what departments(except the one he wanted volunteers to back fill), he didn’t say if it was a regular, double or enhanced.

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Post ID: @a5+1kez8b4qx

Show me the money

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Post ID: @a4+1kez8b4qx

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