Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

1st Q is looking bad!!!

Lost of none pay from the credit changes and port outs. We are losing our as* in this quarter. They will see Hans can’t run any company other than into the ground. T-Mobile is going to wipe the floor with us this quarter!!! If the merger goes through... — read more 

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| 3170 views | | 19 replies (last February 15, 2019)
Post ID: @OP+XCoJhJy

BPI - What%

BPI - What %? Include rating and time in current role. Example: 4.25% / Performing / 9 months.

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| 2660 views | | 17 replies (last February 18, 2019)
Post ID: @OP+XCK849C

STI - 95%

I am grateful for the STI award - and the extra 15% modifier was super nice. So please hear me - I am not complaining. But, wondering if anyone else was less than 100% target (not including the extra 15% modifier)? For example, my award was 95% of... — read more 

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| 3910 views | | 20 replies (last February 21, 2019)
Post ID: @OP+XBAWIZw

June VSP'r

I have a June date and I noticed people stopped being nice to me borderline rude. It's like I have a disease. I'm not complaining I like the time to myself and my check isn't impacted. Is anyone else getting that same vibe.....

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| 1620 views | | 11 replies (last February 16, 2019)
Post ID: @OP+XBapUyd

Profit share for VSPrs

Do the December VSPrs get the 3% profit share. If yes, how will it be paid out

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| 1340 views | | 6 replies (last February 13, 2019)
Post ID: @OP+XBen3f1

A new VSP?

If, just maybe there is a possibility that there will be a new VSP what segment of the company and what type of worker could it be aimed at and, of course, at what time could it come? God knows they want to reduce even more, so I don’t see that... — read more 

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| 1130 views | | 3 replies (last February 14, 2019)
Post ID: @OP+XAitOgQ

Lump sum

Just throwing it out there for convo : lump sum or annuity ?

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| 1850 views | | 21 replies (last February 20, 2019)
Post ID: @OP+XAZueHZ

Everybody should know by now stores are history

The writing has been on the wall for what, a decade now? They started closing centers down around 2010 if I remember right. Low performing stores have slowly been closing over the last 5 years and while they are investing in the new designs and... — read more 

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| 980 views | | 1 reply (February 12, 2019)
Post ID: @OP+XAlcQCn

Layoff Rumors

With all the information floating around, what is the correct date for the next round and payoff?

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| 3050 views | | 8 replies (last February 14, 2019)
Post ID: @OP+XABtjUw

STI Target By Band

Does anyone know the payout percentages for each of the pay bands? On the Wireless side I believe: Band 8: 10% Band 7: 12% salary (7V) or 10% for hourly (7T) Band 6: 20% I'm curious what other bands below 6 (Director, VP, etc) have their targets set... — read more 

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| 4210 views | | 5 replies (last February 13, 2019)
Post ID: @OP+XAAJHkq

Indirect channel?

On the wireless page there is a post heating up about indirect. I feel like we still know absolutely nothing about the new org. Any insight?

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| 1180 views | | 2 replies (last February 12, 2019)
Post ID: @OP+XzfRqoY

Customer service aka sales rep

Customer service handles billing issues, tech issues, international travel issues, escalations, etc... Now on top of that we are expected to be sales reps without commission. Upgrades on PA and Revenue Generation on PA ( increase plans and and TMP)... — read more 

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| 860 views | | 4 replies (last February 14, 2019)
Post ID: @OP+XzIMvcC

No more real work until the STI is announced.

No more real work until the STI is announced. Then work only in direct proportion to the percentage. Maybe some unpaid OT if it's more than 100. Maybe more coming in late and leaving early if it's not.

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| 2140 views | | 11 replies (last February 13, 2019)
Post ID: @OP+XyslZqZ

MA Unemployment

Has anybody actually been approved for UI in Massachusetts? I received 2 checks and have since been denied because I volunteered to leave. an agreement by an employee to take a lump-sum payment upon separation in return for the employee’s release of... — read more 

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| 1580 views | | 5 replies (last February 13, 2019)
Post ID: @OP+XxZfCfm

FAST/LEAN

Anyone know what the LEAN portion of FAST/LEAN stands for. It has yet to be explained.

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| 1640 views | | 17 replies (last February 12, 2019)
Post ID: @OP+XxyMk1X

Layoffs are immoral.

To deprive someone of a wage not because he is failing to earn it or because you can no longer afford to pay it but because you have decided that you would prefer not to pay him is robbery. The fact that it has been a widely accepted and almost... — read more 

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| 2440 views | | 14 replies (last February 14, 2019)
Post ID: @OP+XxvLFGS

Hans is now the chairman too

Verizon BoD elected Hans as the chairman of the company, and this decision will be effective from March 8th. Hans is succeeding Lowell McAdam who is retiring from the company. More power in Hans’s hands, how does that sound?... — read more 

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| 2680 views | | 11 replies (last February 11, 2019)
Post ID: @OP+XwoNwXr

Still no word on the STI

Still no word on the STI but be assured that anything less than 100% will be met with less than 100% effort.

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| 2980 views | | 11 replies (last February 11, 2019)
Post ID: @OP+XwxvJSD

Question for any 2018 VSP'ers in Maryland

Has anyone in Maryland gotten a determination of unemployment eligibility in Maryland? In other words, will someone who took the VSP be able to start making claims after the nominal number of weeks covered by the buyout has expired?

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| 460 views | | no replies yet
Post ID: @OP+Xwmklc9

Interesting Perspective on 5G

Interesting article https://www.theverge.com/2019/2/6/18212742/5g-broadband-replacement-att-rural-connectivity

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| 674 views | | no replies yet
Post ID: @OP+Xw27mvd

Salary share thread

Since I’m seeing a lot of salaries thrown around feel free to see how you compare to your peers. Glassdoor is all over the palce, so this may help. It is illegal to prevent sharing of salaries so no worries there. You can round numbers so things... — read more 

Lack of experience

I worked a Data Center at VZ for a long time. They let everyone go over the years until I was the last man. I took the VSP. No one else knows anything about it. No plans were made, no information shared. Verizon’s networks will go down frequently and... — read more 

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| 1700 views | | 5 replies (last February 11, 2019)
Post ID: @OP+XvMcf3u

Wireline eisp?

Has anyone heard anything else about a possible EISP? I'm so ready to go...the cssc is going to be the end of me!

Waiting for cash balance money transfer

Does anyone else have “cash balance” monies to be transferred to a rollover IRA? VZ is taking forever to let go of my money. I had to send them my Divorce and property settlement paperwork to be examed by their lawyers before they do anything. There... — read more 

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| 970 views | | 5 replies (last February 11, 2019)
Post ID: @OP+XvnNEXG

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