IBM leak on major severance cut, just in time for lay offs next week. SPRINT down to 1 week per YOS. Other Fortune 5s following suit. You can bet VZ will be decimating current severance package soon. Company is imploding. Senior leadership a bunch of old white men looking and sounding ridiculous using their new buzz word "millenials" as if that somehow makes the company hip and its products attractive to consumers. Yet they shovel money into a product like GO90 which is absolutely so off the marketing and product interest of this consumer group small check mark and T-shirt wearing CMO or not. So yeah, if you are savvy and future oriented, collect your pay check but start applying for jobs outside VZ. With RIFs every quarter you can easily segway from your VZ job to a new role while volunteering for a RIF. Collect your payout, drop the cash on your mortgage or other; and start your second career with a company eager to get the experience. VZ is so far behind comp and benefit. Consider a relatively young company with stock options. Use VZ to your advantage. YOU WILL BE RIFd at some point. Take control and make plan that works for you and positions you with a timeline you control.
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lowell is a follower so i am sure he will follow suit.
Reverse psychology. Talk about it more so they wont flip to 1 week.
http://wraltechwire.com/as-layoff-rumors-surface-ibm-cuts-severance-pay-allowance/15278005/
Indebted, childless, mold able and energetic millenials....
I wouldn't be at all surprised
IBM Is a bellweather
Thanks for the speculative post...