No numbers have been shared with us yet, people in my group are speculating that this may be massive (I mean like tens of thousands of people). Also, the rumors about consolidating regions that showed up on this site a week ago are EXTREMELY accurate, I'll find a link and show it to you who leaked it like a week ago. So with all nonsense that's posted here, there were a few gems that indicated with a great deal of ACCURACY what actually transpired. I've been with VZ for 22 years now, and every time we are kept in dark until the hatchet falls this was the first time we had a chance to learn about things before we were faced with a fait accompli kind of situation.
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Here is that old post, 3 days ago: You're on the right track. Rumored 16 regions will be announced by Nov 6th. Philly and Florida are two of the 4 impacted regions. Areas will decrease also and will move to specific, centralized locations. Locations have been chosen based on talent pool and those assets with the least amount of cost to the business. Depending on your job function and redundancies, expect an immediate 20% cut by Nov 6th. Those that are left will be subject to HQ's plan to implement transferring all Wireline and Wireless jobs within the selected locations. Employees will be asked to move with the jobs and if they choose not to, then Verizon will simply sever the relationship gently with packages. Belief is all of this will be over the next few years and will reduce cost greatly. If you are not part of the initial layoffs, you have been chosen to be part of the transformation. They will need you stick around to help, so expect to feel special until their needs are met.
Poster: Cha Cha Changing - https://www.thelayoff.com/verizon-communications/post/4821984863059968
Are the layoffs in wireless, landline or both?
Just got a call from my significant other that works for Verizon that they are supposed to be laying off around 8,000 people tomorrow October 29th 2015. All the info I have at the moment.