Thread regarding Verizon Communications Inc. layoffs

October stock together

I know it’s a long shot but has anyone heard any rumors of the October 1st stock together payout?


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Post ID: @OP+1m26fed8e

8 replies (most recent on top)

Does the Employee Stock Purchasing Program still exist?

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Post ID: @hx+1m26fed8e

@az not true. You become ineligible for grants the moment you are notified. Grants and payouts are two different things. Anything already granted is paid. Prorated for non-retirement eligible, fully vested otherwise.

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Post ID: @d4+1m26fed8e

@ap too late for that, you'd have to be off book by end of September. Grants will be issued. If rif'd, the RSU will paid out prorated, full if retirement eligible.

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Post ID: @az+1m26fed8e

They're waiting for a big RIF to get those impacted employees off payroll before they announce

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Post ID: @ap+1m26fed8e

The lack of basic comprehension on this page is unreal. Or it's just click bait....there is no payout in October. This was just discussed in a thread below.

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Post ID: @aj+1m26fed8e

@a6 i reached out to HR answers and they said “they would have more info closer to October 1st” i thought to myself well that’s only 3 weeks away so cutting it close are they?

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Post ID: @ac+1m26fed8e

Its kinda strange they would say hey we got something in the works... then in April they say October. Well its now September 5 months later and havent heard any news. Its almost like they want us to forget about it.

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Post ID: @a8+1m26fed8e

Payouts are in March. October is a "supposed" grant. If you really believe it will happen the way it was presented, well, I don't know what else there is to say.

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Post ID: @a6+1m26fed8e

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