Confirmed with senior leadership. 15% reduction company wide some time end of year, which likely equates to about 12K
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@aa Reread the email. The updated Stock Together moving forward will now vest every FOUR (4) YEARS! Not three (3) years as it previously was given. 4 YEARS!!
This is a BS post and you present nothing to back it up with.
@OP I heard if not this year...then the next...or perhaps another time
When I started here we had approximately 210,000 employees. Today less than 100,000. As the wheel turns it will get reduced even further
Strange, we just got the "Stock Together" award which is going to be issued October 8th... Why on earth would 12k be let go a month after issuance???
And likely equates to the Oct/Nov Rif dates floating around.
@OP That would be odd since Dan just announced yesterday that Verizon has more than 250k employees and contractors.
Maybe you misheard and the 15% are going to be the fist group he said would be moving away from very "defined roles and functions" to become "more fluid" within the organization.
@OP Zzzzzzzzzz