Just wanted to let people who are in their fifties know there is life after VZ. I was laid off last year, and, took me about 4 months to find a more fulfilling and better paid job (if compared to what I had before). I did maybe five interviews total and received two job offers, so I even had the luxury of choosing (I was not expecting this)...
The pay is lower about 3%, but frankly, that is more than I expected. Not to mention, I have my peace of mind back.
So if you get laid off don't panic like I did. Job market is good despite the situation at VZ (Constant layoffs, reorgs and now this Infosys thing). There is light at the end of the tunnel.