Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Robbing Peter To Pay Paul

Look at Verizon again with the spinmaster propaganda. First they buy Yahoo and systematically dismantle the company and slash headcount: https://www.cnbc.com/2019/01/23/verizon-media-group-plans-to-cut-7percent-of-its-staff-source.html Even... — read more 

Applying at Verizon

I’ve applied for a job at Verizon. Thought it was a good and strong company until I saw what people are posting on this site, and to tell you the truth I;m fairly confused now. I understand that this is a site where people post anonymously and there... — read more 

When can I rejoin Verizon after severance?

How long do I have to wait? I was laid off early Q2 and I did not take an enhanced package. I don’t understand the severance agreement, and I can’t find any specific language on how long I have to wait to get employment. Any insight out there?

PMTS job salary

interviewing for a PMTS job in the northeast. What’s the comp look like? 5 years experience. Safe place to be?

To all the Pension eligible June 28th VSPer's

Good News I'm told for those that left June 28th from Verizon with the last VSP offer. We're hearing that the November payout calc. using PBGC (100%) rate will be (.5%) (pensions less than 25K) and PBGC (120%) rate will be .6% for those leaving with... — read more 

Any more reorgs in 2019?

Seems to me it’s been quiet for some time now. I find it hard to believe that we could reach the end of the year without any reorgs at the company, even though I really hope that I’m mistaking. Has anyone heard anything about any further reorgs or... — read more 

Boston fios roll out

How are they rolling fios out in boston,wireless or wireline what going on in boston

ads

You know the company is desperate when they use Sean Menendez and 2 teenage girls to advertise. bwhahahahaha what a joke!

PBGC rate going down again .50%

More $ in my pocket. Thanks VZ for VSP and waiting for lump sum pension. The rate VZ guaranteed was 1.25% until 7/1/19 however, the rate went down to 1% then to .75% and now it be going down to .50%. For every quarter % it goes down the Pension lump... — read more 

Nothing good to say

Was asked by a friend's son if he should apply for a job here. Both of them were shock by everything I had to say - not one positive word about Verizon and a firm push to stay as far away from here as he possibly can. Which had me wondering... — read more 

Pension question

Does anyone know what happens to a pension if you leave before the unreduced collecting date?....say for example you have been vested but still have a few years before the un-reduced thing?..is it all lost or you still get some as lump... — read more 

VSP Bucket List Vacations

Where have you taken your VSP vacation? Me.. London Munich Berlin Vienna Prague Bratislava Warsaw Thank you ...wait I actually forgot new CEO name..my post traumatic disorder is finally over. Thanks for the memories — read more 

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| 1016 views | | 4 replies (last July 19, 2019)
Post ID: @OP+1022hE4U

Laid off coworker is back

Didn't get a chance to talk to him yet, but for the life of me I can't figure out why he would want to return to Verizon after everything that has happened - and after knowing full well what kind of work environment we are subjected to on daily... — read more 

Verizon sought buyers for Yahoo Finance

https://www.reuters.com/article/us-verizon-media-exclusive/exclusive-verizon-sought-buyers-for-yahoo-finance-sources-idUSKCN1U62AO Really dumb move, like SO MANY dumb moves Vz has made outside its core competency. Yahoo Finance is one of the best... — read more 

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| 1303 views | | 1 reply (July 11, 2019)
Post ID: @OP+ZZzQQIH

Finance Transformation A Decade Later ...

What has changed except spending 100s of millions dollars, more SVPs and a plan to go to SAP which is already two years behind schedule. Isn’t ROI a finance function?

Unemployment

I know some states are allowing VSP ers to file and collect unemployment benefits. Has anyone in NY applied and successfully received?

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| 1223 views | | 1 reply (July 10, 2019)
Post ID: @OP+ZY14fxN

They will outsource everything they can

It will all end sooner or latter, they will outsource everything you can count on it. So keep on earning and take advantage of the perks like tuition reimbursement. Do as much OT as you can and build up your reserves and get those resumes up to date... — read more 

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