How long before you make the jump that you were expecting too already?

“The company [Verizon] expects a severance charge of $1.8 billion to $2.1 billion in the fourth quarter, according to a Tuesday filing with the Securities and Exchange Commission. “ Certainly this will help VZ to reach 10B saving for next 3 years.

Someone has said total employees for wireless and wireline is 94k. Is it safe to say if there are 94k Verizon wireless and landline employees (not counting OATH and other brands) and the buyout was offered to 44k of these, with app 10k taking the... — read more 

While this situation was handled far from perfectly, I still think Verizon did a good thing by offering voluntary buyouts. It's certainly better than just laying off people left and right without any input from them. This gave me an opportunity to... — read more 

Does anyone know how many employees are in legacy wireless vs. legacy wireline? I’m curious out of the 44,000 offered the buyout, how many were from each side. I know we’re one company, but how many work on the wireless side and how many on the... — read more 

What’s next for the union, hiring or layoffs?

Cutting 10k jobs puts a tiny ding in the 10 billion $ goal... What's next and when?

They are hiring your replacement. It’s only ever been a matter of time. Boy I feel bad for those staying behind.

The 'media business' (in terms of revenue) was not so much about creating and selling media as it was bundling and selling information about the people who viewed the media. It is a business model that is falling in disrepute (Facebook) and other... — read more 

and today they have to write off 4+ Billion loss ont he bad AOL /Yahoo, LOL, what a bunch of mo--nS

I've been given a 12/28 LDW. So I'd like to say thanks to this board for years of amusement. I feel I have gotten to know many of you intimately despite a wall of anonymity. In particular there are a few tropes who merit a special tip of the hat... — read more 

Does anyone know how many IT employees there were impacted by InfoSys? One news article said 30% of Verizon employees were impacted by InfoSys IT deal. Is that true? If so that’s around 45k employees. That’s can’t be right, can it?

Three connection requests on LinkedIn yesterday and three more today so far. Sorry dudes, I have had my own local guy for many years now and thanks to his quarterly adjustments to my Fidelity portifolio investments via screen shots, my 7 figure 401K... — read more 

Anyone know where SMB will be? Retail or B2B?

Need a good employment laywer. Anyone have any recommendations?

...when will we finally find out more about the next step? Whether it is layoffs or whatever else?

Geeze, CNN is dense! It's not like 10,400 just decided to up and quit, one day, because the economy is allegedly so great. It was more like someone holding a gun to your head. You can take this pile of money and walk away, or I'll shoot you. "Oh, so... — read more 

Verizon just admitted that its media business, Oath, is essentially worthless. Verizon (VZ) announced Tuesday that it would take a $4.6 billion writedown on its the media unit, which includes Yahoo and AOL. Oath is now worth just $200 million... — read more 

So now you got your release date. Now it's time to go away. Bye bye. There is no need for any of you who are leaving to post here anymore. If you made the correct decision, it's time to move on. If you didn't , s--- it up and move on. Either way go... — read more 

"The Bureau of Labor Statistics still counts "voluntary" buyouts as layoffs, so the Verizon employees will go in that category when they leave the company." Thank you cnn for telling us what verizon execs refused to admit the whole time. This makes a... — read more 

For people with December March and well even June dates... Do they expect people to be fully mentally at work? Knowing people will be looking for jobs and their next moves. Knowing more vacation, personal and sick the key will be used... Again what... — read more 

Those who have been denied, what's your next move? I'm still trying to decide...

I thought that the numbers would be at least twice as higher compared to the ones that were announced. Don’t get me wrong i knew that estimated number of 44k would be never reached, but I figures that at least half of that number would get the... — read more 

Of cause that this brings a wide range of opportunity, especially in the long run, as new technologies emerge, but I don’t see this as something that can bring a lot of revenue in short term. It will take time for people to shift to home broadband... — read more 

If 44k got the offer and only a quarter (roughly) accepted, how many does that leave to be laid off? I'm assuming it's not 30k as some are saying, that'd be way too many, but do we know what was their goal? And are there areas where fewer people... — read more 

Accepted and ready to jet... I had the opportunity to work with some great people, on some great projects, made some life long friends, learned to tolerate those who were not like me, and suppress bouts of negative emotions that my managers often... — read more 

Married to a Vz employee who volunteered and got picked, but now we are seeing that the actual value of the offer is a fair bit lower than what it was estimated to be before the button got pushed. Anyone else seeing this? So, besides the STI -- What... — read more 

One reason for a company to feel comfortable buying out thousands upon thousands of managers might be because they already know that, in the very near future, there will be a lot fewer people to be managed? Further, if you read the New Contracting... — read more 

I am part of the the Verizon Media Group (TechCrunch) and we haven't been offered any buyouts - so, it was a non event for us and everyone is staying (no layoffs for now). Anyhow, it was fascinating to follow how things unfolded in real time on this... — read more 

If Hansy boy thinks this is the best way to go about a 7% workforce reduction, I can’t wait to see what else he has in store for us. He is not impressive.

I having not pushed the button am happy for those who did. I wish them well and enjoy hearing about there plans for life after VZ. For those staying like me, I offer words of encouragement and let them know we're all in this together. For those of... — read more 

Phone and broadband markets are saturated - it's not a growth story anymore. Now it's about turning cost cutting, efficiency, and making themselves look like the FAANGs (Facebook, Apple, Amazon, Netflix, Google) as much as possible. At the very... — read more 

This whole thing was a sham from the very beginning. It was a way for Hans to see which leaders were willing to cut the fat sacrifice their people. Plus now they know which of us want to be riffed going forward. The c-sino always wins people.

What an ignorant bunch of nonsense in this CNN story (VZ layoffs are good for the economy): https://www.cnn.com/2018/12/10/business/verizon-worker-buyouts-economy/index.html

I don't have any idea what numbers they were looking for, but 10400 out of 152k is less than 7%. I think that they could have easily dropped 10% with involuntary rif. I think that the people that are left behind should be looking out for the other... — read more 

https://www.fiercewireless.com/wireless/verizon-says-goodbye-to-almost-7-workers

Anyone else nervous they'll try to fire us before our exit dates? I find it fishy we can't sign the agreement until 15 days out...something seems wrong.