Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Future severance reductions?

I heard today that future severances will be lower due to the cost of the voluntary buyouts - any truth to this?

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| 2650 views | | 4 replies (last March 20, 2019)
Post ID: @OP+Y91UCRQ

Lump sum

Does anyone have a estimate of lump sum amounts for field techs after 25-30 years of service. I understand there are variables to the amount, just wondering what the approximate range is. Thanks

Info for those who were rebadged

For people who were rebadged to Infosys - this might be a useful article. Verizon is not the only company to try and get out of paying benefits/severance like this, and there are some options for dealing with it legally... — read more 

ex managers

Most of the managers that took the buy out needed to leave they were hurting the company. In my area suffolk County N.Y. most of the managers didnt have a clue even the ones that have been there for 20+years. Most of them were promoted because they... — read more 

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| 2240 views | | 12 replies (last April 8, 2019)
Post ID: @OP+Y8GLGRl

40 gig Fios

Anyone else excited about 40 gig Fios? Been saying for the longest time, kill the competition with superior everything.

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| 1240 views | | 6 replies (last March 20, 2019)
Post ID: @OP+Y8Dsxp2

Commission changes for 2.0

Hearing that upgrades aren’t counting towards multiplier anymore. Only new phones. Restructuring other parts as well.

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| 1690 views | | 2 replies (last March 18, 2019)
Post ID: @OP+Y8ODlyG

New Junk uniforms

Leaders know we don’t like it, VZ web form shows this, work jam shows it and this page shows the dislike but they don’t care!! How many people have to say we hate it!!

Infosys/Apple lawsuit

Not fully related but abuse of H1/B1 is not against the law. I am sure the congress/industry likes it just like that https://www.mercurynews.com/2019/03/15/h-1b-apple-and-outsourcer-infosys-get-whistleblower-visa-scam-lawsuit-tossed-out/

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| 840 views | | 1 reply (March 16, 2019)
Post ID: @OP+Y6xho9U

2.0 Opportunity for Management

Management is just using this 2.0 excuse to promote their fan boys, followers, yes sirs, and worshipers into better position. If you are not visible in the new 2.0 chain, the future is bleak for you. Its a great opportunity for transformation of... — read more 

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| 2070 views | | 3 replies (last March 18, 2019)
Post ID: @OP+Y5m90ly

No more retiree phone discount?

It was recently reduced from 50% to 25%, which they've been talking about on the daily VSP calls. This morning, for the first time, the mealy mouth HR reps glossed right over it, quickly saying the discount goes away upon retirement. WTF? Did I get... — read more 

How well are ESP folks training INFY people??

I think they picked up my replacement from the streets. I have 15 years of vz experience and Hans promised everyone that we would be replaced one to one with an equally experienced person. Now they are looking at me to train this person infy picked... — read more 

March 22nd EXCITEMENT

Where are my 3/22 people??? How excited are you about next Friday?? Thank you to VZ for this gift you have provided lol.. without it, I would have had to leave with NOTHING.. no I'll feelings only happiness!! To those staying good luck and I'm sure... — read more 

The irreplaceable workers for VZ Management

The person who goes to the same Church, Temple, or the Mosque with you. The person who is your direct relative/friend of your spouse. The person who runs with orders without any question like the best "go to boy". The person who always laughs at your... — read more 

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| 1390 views | | 7 replies (last March 19, 2019)
Post ID: @OP+Y5EVBJb

New Jobs for VSP Takers on LinkedIn

Join us in the LinkedIn group "Ex Verizon Opportunity Network": https://www.linkedin.com/groups/12174697/ Check out the opportunities and please post any you think are relevant.

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| 613 views | | no replies yet
Post ID: @OP+Y5soQqs

Additional 401K Match and Stock Option Payout

I took the package and left the end of last year. Does anyone know when the additional 401K match will be posted an what the percentage is this year assuming there is an additional match? What about that stock payments? When should we be getting... — read more 

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| 1150 views | | 4 replies (last March 21, 2019)
Post ID: @OP+Y59h7rD

Enhanced Package

What does getting an enhanced package entail? Is it just 100% if the company targeted bonus (in this case 100% of 115%), or is it more than just a better bonus? Do you ask for it or is it only for certain levels?

b2b

11:00 call tomorrow for managers with leadership... anyone heard anything? "no delegates"... you know what that means.

Anyone given ESP dates?

Apr 14 was supposed to be one of the dates for Infosys rebadged/refused people to leave. Did anyone get notice? I see that they seem to move with more urgency these days but havent heard of a date yet

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| 970 views | | 3 replies (last March 15, 2019)
Post ID: @OP+Y4gUaxJ

The four tier Union.

Explain the four tier of Union members if you can: Those Union folks hired prior to 2003, with job security and all protections. Those Union folks hired after 2003, with no job security and all other protections. Those Union folks hired after 2011... — read more 

Dispatch outsourcing

Rumor is since they can’t read a map or a trouble ticket or give all tickets in 1 exchange to 1 guy, the job can be done by anyone anywhere.

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| 651 views | | no replies yet
Post ID: @OP+Y3rU3GH

3/22 and 4/1 - change energizes us :)

For those leaving 3/22 - good luck My prayers for the employees staying. 4/1 - I really hope a Work LIfe balance is achieved in the near future- I just do not see the light at the end of the tunnel.

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| 2040 views | | 3 replies (last March 14, 2019)
Post ID: @OP+Y3Wl6vS

How does attrition look on your team?

Who else is noticing more people - those who were not offered a buyout - leaving on their own in the last several months? I guess they're smart, taking control of their own destiny. I wish I was that brave - or that I had an alternative - I'd be out... — read more 

5G Chicago

Announcing today 5G for Chicago and one other state live on April 11th!!!!

Are call centers as we know them dead?

No doubt that call centers were always the first to be exposed to cut, not to mention outsourcing, but have we really reached the point in which technology provides the possibility of doing customer support without the need for existence of organized... — read more 

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| 1310 views | | 5 replies (last March 13, 2019)
Post ID: @OP+Y3St1LY

VZW Network Layoffs / Reorganization

When are we going full turn key? Any ideas when the reorganization and layoffs will hit the vzw network teams? What teams will be impacted the most? How and what are they centralizing? Will we even have markets anymore? Rumor has it that all... — read more 

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| 2170 views | | 7 replies (last March 14, 2019)
Post ID: @OP+Y3h20Am

RSU amount

Anyone know what the stock price was on January 31. I think we get the deposit next week just wondering how much before tax

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| 1740 views | | 9 replies (last March 14, 2019)
Post ID: @OP+Y2l88Co

Higher wage as contractor

I’ve been offered a higher wage to come back as a contractor. It will cover my benefit costs when I have to start paying (after the 60 weeks). That coupled with a 40 hour work week is just fine with me. This sounds way, way, way too good to be true... — read more 

Welcome to VZ 2.0.....

https://www.northjersey.com/story/money/2019/03/12/verizon-texting-issues-outage-east-coast-tuesday/3137987002/

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| 1450 views | | 3 replies (last March 16, 2019)
Post ID: @OP+Y2jYoYR

Call centers

Is it safe to assume that all call centers are going to be outsourced at some point?

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| 1290 views | | 8 replies (last March 14, 2019)
Post ID: @OP+Y2rOTFX

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