Thread regarding Verizon Communications Inc. layoffs

GN&T

14k offered 1500 accepted. 10.9%

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| 2041 views | | 9 replies (last August 23, 2024) | Reply
Post ID: @OP+1u1Ms0Zf

9 replies (most recent on top)

The target was a dollar value, not a headcount number.

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Post ID: @8dcm+1u1Ms0Zf

GN&T is bloated like there is no tomorrow! Trim the fat!

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Post ID: @8iex+1u1Ms0Zf

Pretty racist comment from @2pkr+1u1Ms0Zf... shocker!!

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Post ID: @8ico+1u1Ms0Zf

The target was not a headcount number but savings number. They had a specific $$ savings target and not a headcount target. I think they implied they hit their savings target for 2024. They will have a new $$ savings target for 2025.

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Post ID: @8diz+1u1Ms0Zf

14% of 36k accepted across the board

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Post ID: @4slt+1u1Ms0Zf

What percentage of the 14K offered were Indian?

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Post ID: @2pkr+1u1Ms0Zf

they very pointedly did not say what their target was/is. definitely spoke kind of around the idea that there were very big changes coming. Where I work almost the entire management team took the VSP or is leaving otherwise.

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Post ID: @1ilt+1u1Ms0Zf

Is that above or below the target for GN&T? I missed today’s call.

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Post ID: @1agi+1u1Ms0Zf

My SVP reported 11% and VP reported 7%. Relived to be one of them.

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Post ID: @tqx+1u1Ms0Zf

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