Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Verizon Abandons Video Bundles in Bid to Stem Cord Cutting

Verizon Communications Inc. said its Fios video and internet service would abandon the cable-industry tradition of locking customers into long-term bundled packages, the latest effort to contend with the rise of cord cutting. The new model, called... — read more 

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| 1022 views | | no replies yet
Post ID: @OP+12Z5UT1M

Question for the future

With the entire 5G build out for residential data customers, it seems as if 5G will be offered in the same footprint as Fios. Do you think they may sell Fios off to anyone such as Frontier?

Is craft getting "Stock Together" ?

Please don't hijack this thread with any of the usual craft vs management BS. I legit am curious if craft will be receiving this plan too.

Stock Together

I just saw the program announced today and it seems to be much better (at least in the long term) than the profit sharing it is replacing. The grant amount is based only on location, # of hours and pay band. As a full time band 6 individual... — read more 

No More Profit Share

I'm a young person. Will going away from profit sharing and doing company stock screw us over as time goes on? How does this affect taxes?

CORBA is up. Insurance alternatives.

12/28 VSP here. My VZ paid COBRA will be done in 30 days. There is the VZ Acess Pre Medicare plan but for single coverage I am looking at around $1100 a month with basic Dental. Anyone using Medishare? If so does it really work?

After 30 years

I left. haha Hahaha haha. Hahaha hahahahaha ha haha Ha haha hah!

Just a holiday reminder

Just a reminder to people who are worried about being laid off from somebody who was already impacted: everything is going to be okay. There are plenty of companies that want your knowledge and expertise and are willing to pay for it and treat you... — read more 

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| 1780 views | | 4 replies (last January 9, 2020)
Post ID: @OP+12HhWNZt

Stock Bonus Split 2019 & 2020

Just wondering if anyone has a link or phone number or really any information about the second half of the stock bonus? I was part of the VSP and I do not remember when they said the second half of the bonus would be released.

How many people were laid off in 2019?

Does anyone have any idea? Just to be clear, I mean the real number of people that have been let go in one way or another, so I would appreciate if there are no comments like : Google it, or check the headcount on the company website….

Who else noticed this?

Is it just me, or is mediocrity not only tolerated but celebrated at Verizon?

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| 1580 views | | 5 replies (last January 7, 2020)
Post ID: @OP+12ELARX0

Lump Sum decrease

My lump sum pension amount went down 2.5% in January from what it is in December. I thought January’s rates were better, but I guess not.

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| 1940 views | | 8 replies (last December 24, 2019)
Post ID: @OP+12Dcbt6d

New Logo is Terrible

What ad firm designed that? Is it supposed to be a rocket? A telephone pole? Part of male anatomy? I cannot think of what this image possibly represents. Best guess anyone?

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| 2000 views | | 5 replies (last December 24, 2019)
Post ID: @OP+12Dy9IlS

Director RIF

Rumor is there will be some directors who have been notified and will be off payroll end of year

When will 5G pop revenues/profits?

How long will it take for 5G to turn on significant rev/profit growth ? Will it look like bump from smartphones or something far less? Personally I have no need for 5G that I can think of - maybe fixed 5G if it could beat price/performance of my... — read more 

Hired

Word has it, they hired all the temps for opt..

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| 1630 views | | 4 replies (last December 18, 2019)
Post ID: @OP+12yX1dgi

VSPer to VZ FTE positions - Call me maybe

Hey, I just met you and this is crazy But here's my number, so call me maybe And all the other boys try to chase me But here's my number, so call me maybe Looking forward to that call and coming home baby!

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| 1800 views | | 9 replies (last December 17, 2019)
Post ID: @OP+12xTX9Ic

Hear Verizon is hiring employees that took VSP

Word on the street is that Verizon has started to offer full time employment back to people that took the VSP. Could this be true and if so does it show that they made the mistake of letting some of the most talented employees leave?

Guessing Game

This last offer had an “off payroll” date of 12/21. Place your guess as to when the company will see fit to tell people whether or not they are retiring or not I’m guessing 12/16.

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