Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

NEOPOTISM

Who or what department comes to mind when you think of this word ?

WOW! The Kudos post really got a working over!

Great job by the Verizon social media room at Basking Ridge. The post was overwhelmingly positively received over the past few days, then suddenly the thumbs down is -40 this morning? Seems legit 🤣🤣🤣 Reminds me of Elon Musk hiring whole boiler... — read more 

Pontificating out loud.

Sanity check. 21 years at Verizon, at retirement age, crazy busy with work, awful leadership in my group and chilly relationship with my director. My last day is 09/13. I wasn’t looking to leave, but kept harboring these feelings that after VSP, ... — read more 

Serve Up Some COLA to Those Heroes of Y

Some of our retirees, the people who built this future for us, now find themselves too-often suffering economic hardship. These men and women should be given the most respect, should be honored as our predecessors who built this industry in which you... — read more 

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| 1010 views | | 5 replies (last August 19, 2024)
Post ID: @OP+1u3e9ZBI

HCL rebadge - similar offer?

do anyone have info of the previously rebadged to HCL , they got this same offer extended? I heard they have 2 year job guarantee.

Union

I understand it’s a business but why don’t all employees go union? Yes you have union dues but how safer would it be? Sales reps are protected, everyone else is day by day. We all see how the company panics when the word “Union” is mentioned — read more 

RTO 3.0

Mandatory 3 days per week coming late 1st/ early 2nd qtr 2025 after building capacity projects are completed. Also hearing adherence measures will be put in place to catch badge swipers, and no shows. 12 days a month I can handle, but big daddy... — read more 

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| 2930 views | | 23 replies (last September 4, 2024)
Post ID: @OP+1u2fnb1e

I Don't Need Kudos

I'm not sure who's driving it but, as a tech, and as a professional with many years under my belt, I really do not need, nor do I desire, the incessant, daily, robot-like, fake, auto-generated, non-human-like, "rah, rah, rah", "thanks for the... — read more 

Power to empower webcast

Y’all know if the power to empower crowd even cares about making money for the company that’s in a death spiral? We get yelled at about value add all the time but leaders allow all this to exist! They are talking about brand partners verses bring the... — read more 

GN&T

14k offered 1500 accepted. 10.9%

Got my VSP email today

I can’t wait to be outta here. Good luck to those of you who are staying around.

Wondering if Miss Sweden is next?

After all, she hyped Verizon 3.0 a few months back, and has yet to deliver anything. Wouldn’t that have been a major part of her Goals and Objectives for the year. Come to think of it, wouldn’t it have been for all Senior management? Fire their... — read more 

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| 1470 views | | 4 replies (last August 16, 2024)
Post ID: @OP+1u0DG6zt

Future RIFs

Just overheard a manager discussing individual volunteer hours being weighted as part of future RIF calculations.

Non-compete?

VSP peeps, was a non-compete clause included?

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| 1210 views | | 3 replies (last August 16, 2024)
Post ID: @OP+1u0OBy8y

The VSP is just the beginning

Anyone else read Hans’ email and find that ominous? I know rifs are anticipated but this paints a dark picture. Leaving is very bittersweet but knowing that the work is just going to be piling on for those who stay make it a bit sweeter. Sending out... — read more 

Dec 20 Departure payout

Since they say the severance check comes a few weeks after last day worked, will those off in Dec get the payout in Jan ? Or will they rush it to get it in 2024 ?

Low VSP take rate

I heard that the final number for VSP was about half of what they wanted to get so a RIF will be here before the end of the month. Anyone have any good info on this? Wouldn’t a large RIF have to be reported prior to it happening?

Just got my call for Departure

My manager just made me aware of my release date of 9/13. I will get the official email tomorrow. Good luck to each of you that took the VSP, And good luck to each of you that are staying.

ESP or RIF, ESP is a no brainer

If Verizon cannot find any value for you, and they RIF you out, take the ESP and run. For me, it was close to 1.7 times the severance + 1.5 times the benefits. If they don't see value in my services, I will be glad to find somebody that will.

A once great American company

Back when the CEO and the majority of execs/upper management were Americans. VZ has been in a death spiral since 2018 when it was taken over by a Swedish meatball (fired from his prev CEO job) and Indian execs who only care about replacing American... — read more 

Work force reduction?

Is it true Verizon promised share holders they would reduce the work force in an attempt to bring up stock prices. If so does this include non management employees

Using Vacation up to VSP date

Is it OK to use Vaction time up till the 9/13 date? (Assuming one has enough and doesn’t care about the payout for it) I didn’t see anything specifically addressing this in the 401 page document about VSP71

VSP dates

Hi I wanted to leave on September not December, and from what I heard from this forum, HR and senior leadership will decide the dates. Is it better to reach out to HRBP that I am interested to leave early, does that make sense?

# of employees at VZ

Number of employees at Verizon 2007 - 2023. https://www.statista.com/statistics/257304/number-of-employees-at-verizon/ Numbers are trending down. It’s not a matter of “if” it’s a matter of “when”

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