Thread regarding Verizon Communications Inc. layoffs

Could have been worse

While this situation was handled far from perfectly, I still think Verizon did a good thing by offering voluntary buyouts. It's certainly better than just laying off people left and right without any input from them.

This gave me an opportunity to decide my own fate, and I can certainly appreciate that.

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| 1542 views | | 10 replies (last December 17, 2018) | Reply
Post ID: @OP+WAw04dY

10 replies (most recent on top)

I agree with the sentiment here. I was accepted and I appreciate it. I was going to leave anyway due to a desire to re-locate. My management knew this and still allowed me to get the package. VZ has been a good place to work. I have worked in IT for over 20 years and VZ is the first company that always paid some kind of annual bonus and provided regular raises. I feel badly for those that have to do more with less and I hope the dust settles quickly for them.

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Post ID: @5jic+WAw04dY

You're acting like this is over. These are the first trails of smoke from yonder pile of tires.

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Post ID: @1mzu+WAw04dY

Nothing like being punished for being an achiever

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Post ID: @1qhk+WAw04dY

This ended up better for me than anything I could have expected. So I have to say it. Thanks VZ.

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Post ID: @1epn+WAw04dY

Those that were denied really do have a rough lot. I hope you can at least get some $$$ out of it. That might help is a small way.

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Post ID: @xjs+WAw04dY

I could see it’s easy to feel this way when you’ve been approved. Try being someone that desperately wanted it and was denied. Our own fate was not in our hands, at least for those of us that were denied. It’s pretty hard to drag your rear to work each day now.

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Post ID: @mkx+WAw04dY

I agree that it gave me a better opportunity- but it's also a big knowledge drain.

Upper management is dismissing this as "out with the old, and the new will find better ways"... Only time will tell, and it will likely be a painful process.

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Post ID: @cop+WAw04dY

Definitely agree...and I appreciate the parting gift!!!

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Post ID: @sgu+WAw04dY

I wish the 2015 RIFees would have had the same opportunity, but oh well...

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Post ID: @aiz+WAw04dY

This is true. Preferable to just laying people off IMHO.

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Post ID: @vtk+WAw04dY

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