Thread regarding Verizon Communications Inc. layoffs

Company surplus offer

Co-worker VZ ASSOCIATE in NY just received company offer via email regardg surplus declared and offer. Offer closes OCT 2 termination OCT 10.


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| 211 views | | 20 replies (last 8 days ago) | Reply
Post ID: @OP+1m2936yqg

20 replies (most recent on top)

@f1 The health insurance is outrageous for a family of 4 is 12k yearly, especially pre-Medicare age.

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Post ID: @13d+1m2936yqg

@qc They are never a “big thing”. They are for people who are ready to walk out the door. A lot of people think these offers are some great financial windfall, but they should just be the icing on the cake if you planned properly.

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Post ID: @qt+1m2936yqg

This offer ain't no big thing, unless you were 90% out the door already.

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Post ID: @qc+1m2936yqg

For FAA -1 field techs , any guesstimate on years worked acceptance cut off? People are saying at least 30 and above

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Post ID: @p1+1m2936yqg

@gv Elon is more likely to get rid of you, be careful what you wish for.

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Post ID: @j5+1m2936yqg

@gv hey stooge, good luck to your idol Elon in firing people who have just started another ratified 4 year contract extension. SMH at people like you. 👢👅

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Post ID: @j1+1m2936yqg

When the company declares a surplus, is the declaration for the general geographic market/city, or can they say there's a surplus at one particular address within that market?

Also, let's say a surplus is declared at one address and those at that address have more seniority than people who are at another office/address in the same city where no surplus was declared. Can someone at the address where no surplus was declared be bumped?

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Post ID: @j0+1m2936yqg

@cz Id you look at history of the cost of medical insurance that 8k payment will be 15k in another couple of years and then throw in the copays too as you pointed out. Unless you're almost Medicare eligible and your spouse is too, it's a tough nut to crack.

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Post ID: @f1+1m2936yqg

@ej no it’s real…..offers are here

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Post ID: @ew+1m2936yqg

@a4 389 Field techs for FAA 1, total for FAA 1 - 6 = 594. The total for all titles they are offering the package to is 887.

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Post ID: @ev+1m2936yqg

It is definitely a REAL offer regardless of the nay sayer in here. It's so easy to confirm the declaration by going to the union sites like CWA1101, IBEW local 2222 and 2325. I saw my husband's offer and should he take the package, he would be off payroll on October 11, 2026. He cannot accept the offer before September 18, 2026. Congratulations to all those who plan on taking this offer and all those who don't want to. Whatever your choice is, I wish you all the best!

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Post ID: @et+1m2936yqg

@dq for what the union has said yes, enhanced esip 40k + 10k and 2200 per up to 30yrs

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Post ID: @ep+1m2936yqg

@OP Fake news

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Post ID: @ej+1m2936yqg

Is the offer 2200 + 50?

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Post ID: @dq+1m2936yqg

@ct Directly from VZ Email = The start date for this offer will be September 19, 2026 and the date the offer closes will be October 2, 2026. If you volunteer to leave under the terms of this offer, and you are accepted, your termination date will be October 10, 2026.

Employment: The end of a working relationship between an employer and an employee, which can be voluntary (like resigning) or involuntary (like getting fired or laid off).

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Post ID: @d2+1m2936yqg

@ab those eligible for Medicare are getting a nice push with $110k+ but those not eligible for Medicare are stuck figuring out how to pay for retirement medical running $8k a year + deductible and coinsurance that could reach $15k in a bad health year.

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Post ID: @cz+1m2936yqg

To be clear the offer closes 10/2/2026 with an OFF PAYROLL date of 10/11/2026. There is no termination date as you aren’t getting terminated if you accept the SEIPP.

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Post ID: @ct+1m2936yqg

That’s good, whoever looking for sweet deal, they get to go with some peace. ✌🏽

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Post ID: @ab+1m2936yqg

We, or rather, some of us in CA received the same or similar email today after a touchpoint call with our AD. Not everyone on my team received the email, only three did including me. It's weird to me that it wasn't all-hands call.

I can't figure out why the three of us were chosen. I'm middle of the road in seniority and the others are on tbe high end with service time.

We were told it is 100% voluntary and there will be no forced reductions if no one volunteers.

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Post ID: @a5+1m2936yqg

389 field techs declared surplus in NYC. If that amount retires it equates to twelve foremen and at least two second levels having no work. RIFS coming soon.

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Post ID: @a4+1m2936yqg

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