Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Eisp to union

So sounds more and more legit that they are going to offer a buy out eisp to union associates .issue is that how big & if it will be specific or everyone offered.I mean everyone in our group is hoping to get a really really big package but some... — read more 

RIFs?

When do you think the next round of RIFs would happen after the VSP dust settles down?

CEs and SAMs getting laid off

So I heard today in a leadership meeting to prepare for all CEs and SAMs getting laid off. Verizon is going the way of t-mobile and just keeping new account acquisition positions. This seems ridiculous if you ask me. I was the only one who brought up... — read more 

Incompetence with outsourced reps

I'm getting fed up with this company and it's practices. I do tech support and it seems like every tier 1 outsourced rep in India and the Philippines is nothing more than trained monkeys. Honestly, they make monkeys look like Rhodes scholars by... — read more 

RTO for Hybrid Employees begins today 6/17

alright kids, the party is over ... If you are a hybrid employee, as per Han's email last month, you are expected to begin reporting to your nearest hub at least twice a week starting today. HR will secretly begin monitoring badge activity, so don't... — read more 

Now the long wait

Now to be a good enough employee till august so I don’t get fired but definately not good enough that they’d have a reason to decline my volunteering.

VBG infra Management - VSP offer

In VBG's infrastructure team, some Verizon managers and directors are playing politics, focusing more on their job security than contributing to our team's success. This has created unnecessary bureaucracy and is preventing effective resource... — read more 

VNOE

Received email today from Diana S. that as of 8/4 VNOE will be split into engineering and operations teams. Director will notify you on where you land. Rumors of rift after split. Anyone else get notified

What tax percentage does VSP go in as?

I have about 13 years under my belt, and I'm considering taking the VSP. What tax percentage will it be at? I've heard 40% but that seems wrong to me. Also, if I owe a 401k loan, will that be held also or it's up to me to pay?

Offshoring reality check...

Offshoring has become more than call centers and IT. VZ has been rapidly moving "knowledge" workers to places like Ireland and India. Those people are still Verizon management employees. Ignore your tenure and experience, honestly ask yourself... — read more 

VBG - Teams of both wireline and wireless--VSP?

In VBG there are teams that are managed under one director that have wireline and wireless team members with the same day to day responsibilities for each side. For some reason, wireline team members received the VSP offer while the wireless team... — read more 

GN&T Q&A

It seemed like Joe was soft pedaling the VSP. Seems like this was forced on him. Already hearing management teams have the final say and since there won’t be backfills they will deny. On the other hand Joe said the VSP may be a useful tool going... — read more 

Sell off package the end so much to know

So far hearing rumors of huge packages to union employees all dept hearing of the vsp to non union employees,Rumors of wireline sell off rumors that the end is near for verizon .One thing definite nothing stays the same for ever and what wil be will... — read more 

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| 2120 views | | 14 replies (last June 14, 2024)
Post ID: @OP+1sZAdv4t

June 15

There is definitely a reorg coming, mainly around engineering and operations positions. Rumors are that it's been pushed back to June 15th because they just aren't ready. Has there been any more news on this?

VZ Anthem Medical Benefit Network change in VA

Worth checking your Anthem medical card to see if it was changed to "Healthkeepers POS Network"from PPO Open Choice (Bottom right hand of your card) . It appears Verizon and Anthem moved VIRGINIA management employees (retirees & active employees) to... — read more 

No eisp

Now im hearing it was all confusion .And that the offer was a vsp to management and such that there is no eisp for associates .Also still hearing rumblings of this place being sold off in some way or fashion by the time 2026 comes around .Seems odd... — read more 

Outta Here

Just wanted to say good luck to everyone. I am taking the offer after 23 years and 61 Years old. It will be a change but fior me it is a well earned change. This decision is a personal decision to make and everyones situation is different. I will be... — read more 

VSP advice for us

For those who took the VSP last time what were the last days like?? How did you feel when you turned off your laptop for the last time. Any advice for us leaving after 20+ years. Good luck Aug 14, I hope we get what we worked for.

AI can replace the Corporate Clowns

Artificial Intelligence in its current 'state' can replace the executives - even up to the CEO. And it doesn't need corporate jets and whatever wasted expenses they do to BS they are important. Fire the executives - no golden parachutes.. How much... — read more 

Happened before

This has happened before. I remember when they offered 4 weeks per year of employment pay. Hard decision to make because who knows what is down the road, maybe you hate your next job. Some may not all agree to this, but Verizon has been a great place... — read more 

Worthy read…

This was an article/opinion piece published during the 2018/19 VSP offering. I found it helpful when I made my decision to accept the offer after 25+ years. https://www.inc.com/geoffrey-james/open-letter-to-44000-verizon-employees.html While I... — read more 

Seriously considering taking VSP

I am not completely sure yet, but leaning more towards taking it. Except for the job market slowing down, any particular general reason why one would or wouldn’t go for it? I am always afraid I am overlooking something when making such decisions... — read more 

HR may have your VSP invite

If you didn’t receive the VSP invitation, you may still be eligible. Please contact your HR representative to inquire about taking the package. For those who are taking the package, good luck. For those who are staying, the rest of us will be praying... — read more 

The last VSP...

The last VSP was a significant impact to Network/GNT. My director team lost 25% of the workforce for a core wireless application function. There was some backfill in the following year, but most work was absorbed by those who chose to stay. The... — read more 

Reorg after VSP

It will take this mgmt quite a while (if ever) to do proper reorg after so many people leave. It will be chaos, tripled workload, and a lot of pointless tasks while many important things will be slipping through the cracks, amounting to a lot of... — read more 

Number of People Targeted

The information on the VSP was surprisingly accurate. Does anyone know how many people that the company is targeting for acceptance? The last management VSP accepted ~10k employees and I wanted to see if anyone had real information on this - not... — read more 

VCG

Anyone hear any rumors about potential RIFs or VSP for VCG, specifically the Tech, Care & Loyalty tracks??

I hope my boss takes the VSP! Praying 🙏

I really hope he considers this opportunity. It would be a great decision for him. I hope his boss takes it too. If you guys are reading this you really should take this offer 🙏

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