From Schmucks Board
V Team,
Today we are announcing a Voluntary Separation Program for a select group of U.S.-based management employees. This enhanced separation program will afford us an opportunity to find more efficiencies in the size and scope of our V Team and help expedite the building of an innovative operating model for our future.
Please read this message from Marc Reed with more information about the program and eligibility.
We are heading into a new phase as we launch 5G and position Verizon to win in a market that will be transformed by the capabilities of this new technology. To capitalize on these opportunities we will need an even leaner, more agile and more efficient operating model so we can continue to deliver the best value for our customers.
With this voluntary program we are proactively engaging our employees to help them best plan for their futures and ensuring we transform the business as smoothly as possible. I ask all of you to stay laser-focused on our customers’ needs so that they continue to receive the service they expect from us.
Hans V
Not eligible for voluntary separation offer include:
Employees from Information Security,
Network Security,
Wireless
Verizon Connect
Oath employees
Wireline associates, and non-U.S.-based employees are not eligible