Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Two more people just walked out

Verizon doesn't have to lay people off, they've created an environment in which everybody wants to leave on their own. Diabolically genius, when you think about it.

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| 2430 views | | 4 replies (last October 28, 2019)
Post ID: @OP+11DO0e0A

Band 7 to Band 6

Can someone please tell me the salary increase when promoting from Band 7 to Band 6? Is this a general 10% increase or more? Thanks.

Company change

Anyone get this today? Suspiciously right before RIF season

Rumor or not, eisp

My finance guy said a few days ago a solid rumor came out, optimistic, then talk picked up here on a Cpl thread 2 days later. So what's up, just more be or are there any real hearsay.

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| 2740 views | | 9 replies (last October 30, 2019)
Post ID: @OP+11ATGEv3

If contract is extended?

How many would stay till the end of the next extension? I think I would stay even though I would have 33 years by the end of this extension. I can't be discriminated against because of my age, I think the company would have to find me a job I can... — read more 

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| 1630 views | | 9 replies (last October 19, 2019)
Post ID: @OP+11AgPrVg

GATT and PBGC definitions?

I believe the GATT rate is simply the interest rate of the 30 year treasury bond, right? How is the PBGC interest rate deturmined? Also will these two different rates ALWAYS move in the same direction?

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| 1260 views | | 7 replies (last November 1, 2019)
Post ID: @OP+11zRQgSo

Extendeding contract

The word is that company is already asking union about extending contract.

When 5G isn’t the magic they thought

What will they do? 5G is not quite up to the hype, and signal strength is already as high as can be. Many towns are blocking or stalling build because of safety concerns. So when the magic wand they are betting on turns out to be just a stick... — read more 

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| 1740 views | | 7 replies (last October 19, 2019)
Post ID: @OP+11zTeqF8

Virginia region

What's it like working for Verizon in the Virginia (northern) region? What union represents this area and how long left on their contract?

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| 1110 views | | 2 replies (last October 17, 2019)
Post ID: @OP+11ylp3Ca

EISP time running out

clock is ticking, so many rumors but nothing. if you don't have an offer in your mailbox by sat. nov. 8th there wont be one until maybe end of next year. at least we will know for sure all the posts about an offer were total BS, and I know for sure I... — read more 

Verizon Connect

Any details on what this round of layoffs/severance Mena for Connect? Will they actually be included this time?? Or have the option ....

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| 1350 views | | 3 replies (last October 17, 2019)
Post ID: @OP+11yPnhWj

So is company lump sum amount wrong?

And if so, are we just supposed to accept that? If my assumptions are incorrect I apologize in advance. I am under the impression that as of yesterday we should be seeing a lump sum estimate on Benefits Connection that uses a 0% PBGC interest rate... — read more 

TEMP EMPLOYEES

Any news on temp employees becoming permanent? Company sent a lot of temp line guys back to training and still sending the rest. Some temps only have 6 months left on contract and still no news about future.

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| 1550 views | | 6 replies (last November 9, 2019)
Post ID: @OP+11yf2Ghl

Retirement

What is the benefit of retiring from VZ once the number rule has been reached? (Yrs of service + actual age). If you are not old enough to take your 401k.

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| 2350 views | | 8 replies (last October 23, 2019)
Post ID: @OP+11wxMLID

Yet another lump sum question

From what I’ve read a new lump sum figure will be available on 10/15. How long will this figure be valid, till the end of the year or until the end of March 2020? Thanks for any info.

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| 1660 views | | 3 replies (last October 16, 2019)
Post ID: @OP+11wlUOG5

PBGC VS GATT

I have a question, verizon has set a 0.0 effective Jan, which should post Nov 1sr when looking 3 months out. The Fed is presumably going to cut rate again, speculated end of month maybe into November ( most likely per wallstreet) but can be mid dec... — read more 

End of watch

Its about to go down. Good luck to all!

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| 3450 views | | 8 replies (last October 16, 2019)
Post ID: @OP+11s92hgF

AT&T plans stand-alone 5G for 2020

AT&T plans stand-alone 5G for 2020 https://seekingalpha.com/news/3504859-t-plans-stand-alone-5g-2020 Does this vault AT&T into the lead in the 5G race?

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| 1720 views | | 5 replies (last October 11, 2019)
Post ID: @OP+11rkhClz

Where are interest rates going?

For those looking to retire within a few years and considering the lump sum, the interest rate becomes very important. Where do you see interest rates going?

I have an experiment

If you went out on disability and were laid off within a year of comming back give a thumbs up. This should be interesting.

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| 2100 views | | 8 replies (last November 8, 2019)
Post ID: @OP+11mzaaTK

EISP offer details

EISP offer was presented to the union, I do not know all of the details but I know the major sticking point is the 2nd portion of the company stock to the employees. From what I am being told, the company's offer is contingent on the union agreeing... — read more 

GATT rate

People are saying the gatt rate will be dropping to zero Others say Pbgc will Where is this information coming from? I can’t find any official prediction of either.

VZ recession-proof?

i am in my mid-40 in software development. i am about to get an offer in Verizon NJ office. for those of you have seen a thing or two. does verizon has better stability when the downturn comes? i am not really interested in career advancement at... — read more 

pbgc rate .0

How come i don't see a jump in my cash out since the rate dropped to 0%?

Too much politics in vz india

Guys this is the only place I feel safe confessing sadly somehow. My manager is not giving me enough opportunities to grow and Is asking me to do menial jobs like fix build issues etc. I joined 3 years back but the manager and his cabals are making... — read more 

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| 1440 views | | 5 replies (last October 1, 2019)
Post ID: @OP+11hnbfKI

verizon india is a clown-show

Man, what's the point of working day in and day out when ultimately you don't even feel safe about your position in the company. I recently joined as an Architect in Verizon India and why do people call it "Very - John" or "Vey-Ri-jan" . Seriously ?... — read more 

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| 1560 views | | 3 replies (last September 29, 2019)
Post ID: @OP+11gGs04E

B2b

Any news on b2b. I can't take my senior manager any more or my mp. just too much going on and I don't want to leave if a layoff is coming soon.

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| 1470 views | | 4 replies (last September 29, 2019)
Post ID: @OP+11g4VSXt

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