Thread regarding Verizon Communications Inc. layoffs

Dec 20 Departure payout

Since they say the severance check comes a few weeks after last day worked, will those off in Dec get the payout in Jan ? Or will they rush it to get it in 2024 ?

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| 1001 views | | 7 replies (last August 15, 2024) | Reply
Post ID: @OP+1u0XtmUu

7 replies (most recent on top)

ltm+1u0XtmUu You cannot sign your paper work earlier than 15 days before your off payroll date and they have 30-45 days to process. No way to have it issued by 12/31. Additionally, your 2024 bonus won't be paid until February.

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Post ID: @1ydy+1u0XtmUu

I would think they would want to payout as much as they can by 12/31. It’s possible if someone signs off early on their release paperwork.

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Post ID: @ltm+1u0XtmUu

Some of the questions on this board make me appreciate the people leaving... Primarily this one.

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Post ID: @eln+1u0XtmUu

It's clearly (VERY CLEARLY) stated in the FAQ. If you got the offer, you got the information.

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Post ID: @gqq+1u0XtmUu

Your paid out in Jan

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Post ID: @qnh+1u0XtmUu

yes... you have 45 days after last working date. so it falls under 2025 for DEC let goes

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Post ID: @tjw+1u0XtmUu

Read the FAQ - wtf

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Post ID: @aib+1u0XtmUu

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