Thread regarding Verizon Communications Inc. layoffs

verizon severance

anyone have an idea how long it takes to receive your severance once youve faxed in the signed papers?......its been about two weeks

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| 1588 views | | 6 replies (last December 28, 2016) | Reply
Post ID: @OP+L3fJK5X

6 replies (most recent on top)

I believe the severance agreement says 8 days after last working day which is December 30 for me. I was riffed in the class of Nov 2016.

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Post ID: @1cea+L3fJK5X

Anywhere from 2 to 4 weeks.

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Post ID: @1sjl+L3fJK5X

Mine took 4 weeks / direct deposit

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Post ID: @1win+L3fJK5X

Play it to your tax advantage if you can

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Post ID: @1xwa+L3fJK5X

It may be after Jan.01, 2017 which will be good for you - income tax wise(it will be 2017 earnings taxed) . If you have your regular 2016 earnings PLUS the severance pay(paid in 2016) . IRS will love you

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Post ID: @xvg+L3fJK5X

3 weeks for me

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Post ID: @rnu+L3fJK5X

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