Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Future of EUS

Any word on the future of EUS Technicians? Will we be outsourced or just have 40 stores each as they reduce headcount?

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| 1114 views | | 7 replies (last October 10, 2018)
Post ID: @OP+VvHoQFD

Good read.

https://www.inc.com/geoffrey-james/open-letter-to-44000-verizon-employees.html

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| 1660 views | | 7 replies (last October 9, 2018)
Post ID: @OP+VvEKfax

Infosys will fire all transferred employee in one year

Infosys will fire all transferred employee in one year, no severance. Infosys and all Indian companies works on "race to bottom" principle. They will fire all local employees and will bring people from India on all sort of Visa, B1/B2/H1B and L1... — read more 

2018 Tax Cuts

Easy come easy go. Government pays for the RIF.

Verizon is in Crisis

For all potential recruits, please read this: https://www.glassdoor.com/blog/should-you-apply-for-a-job-at-a-company-in-crisis/

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| 2280 views | | 5 replies (last October 8, 2018)
Post ID: @OP+VulerId

Take some time to think

I see a lot of pressure being put on people from both sides, those advocating accepting the offer and those advocating the opposite. In the end, this is a personal, life altering decision for every one of us. Use the weekend to tune everything and... — read more 

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| 2180 views | | 6 replies (last October 7, 2018)
Post ID: @OP+Vuc1C3m

How Verizon Is Trying To Bust Its Workers Union

224 corporate stores closed since 2013. I have said this over and over again on here - Verizon is slowly and quietly converting corporate stores to indirects or closing them one by one so no one notices. Article source:... — read more 

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| 1320 views | | 3 replies (last October 5, 2018)
Post ID: @OP+Vumb393

Lee Hecht Harrison? Post offer assistance.

Not sure if anyone saw they are offering pre-offer decision help through Verizon. As I sit and rot at my desk I figured I’d check it out and it just seems aweful biz spin meaningless bullet points. I’m wondering if anyone had any experience with the... — read more 

The reporters need to know

Please call your local reporters, they need to know. They are only reporting what Verizon mgmt is telling them. I talked with Scott Moritz from Bloomberg News and he wants to know more. Contact him Scott Moritz email smoritz6@bloomberg.net 215 617... — read more 

Really, HR?

I was checking out Indeed and one of the latest reviews (from two days ago) is titled - and I kid you not - "A company that rewards employees exponentially" And one of the lines in there is "The employees are all excited to work for such a... — read more 

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| 1930 views | | 6 replies (last October 7, 2018)
Post ID: @OP+VuwMjVu

Is Pension at risk if you stay?

The severance package offered is only 25 weeks extra which is not enough time to bridge a lot of people into the next eligibility age (ie 59.5 for 401K or 62 for Social Security). If 25 weeks gets you there this is a no brainer offer. Take it and run... — read more 

Do unto others.

Never expect anyone to care more about something then you care about it. Stop reading work email after hours, stop answering calls after hours, stop work at 40 hours. Start investing more in yourself, and ignore the politics of incompetent... — read more 

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| 1254 views | | 2 replies (last October 8, 2018)
Post ID: @OP+VuMa304

And We’re the Whiners?

Funny how some ignorant individuals who possessed a distinct lack of self-awareness were so quick to label craft as the party comprised of whiners, in the past. Seems to me, there’s plenty of “whino’s” who currently cannot seem to recognize a gift... — read more 

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| 1600 views | | 7 replies (last October 6, 2018)
Post ID: @OP+VuldvMT

Stop your b--ching about getting paid to leave!

I'm so sick and tired of hearing some of you people b--ching and complaining about how the severance offer is not good enough! You could end up with nothing! You all have some nerve complaining. Look at all the poor people that are getting screwed... — read more 

May be Hans is the Layoffs Guy.

May be he will do all layoffs and move on and verizon will remove him for a new ceo next year. May be his bullet points on resume is enterprise people's manager May be he will take blame and $$ and move on I am just ranting

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| 881 views | | 2 replies (last October 6, 2018)
Post ID: @OP+VuqdrzD

Post cards?

Did we really receive a post card from Verizon advertising the layoff as if it were advertising a special bundle price on internet and tv? “Find out if Verizon’s special offer is right for you...Offer ends October 16th...Ways to learn more...” They... — read more 

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| 1471 views | | 3 replies (last October 7, 2018)
Post ID: @OP+VuTiOXy

This is a sh-tty package

If you apply for volunteer severance and get accepted ya don’t know if you’ll be released in dec 2018 or June 2019, so you can’t look for a job right away- don’t have a solid start date You can’t apply to Verizon again Your severance gets taxed at... — read more 

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| 2780 views | | 6 replies (last October 7, 2018)
Post ID: @OP+VuuYtdK

Open Letter to 44,000 Verizon Employees (From Inc.com)

https://www.inc.com/geoffrey-james/open-letter-to-44000-verizon-employees.html Dear Verizon Employees: By this point you've no doubt heard that Verizon will pay you three weeks salary for every year of service, if you leave the company voluntarily... — read more 

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| 5070 views | | 10 replies (last October 15, 2018)
Post ID: @OP+VtGYgct

My individual break even date is 1/17/2020

I've done the calculations for my personal situation. I've been with the various companies that are now Verizon for 21 years. I plug that in plus 4 weeks of vacation I have accrued, add the STI bonuses, and then add in the healthcare benefit for the... — read more 

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| 2330 views | | 6 replies (last October 8, 2018)
Post ID: @OP+Vt9bB9p

Don't be foolish!

The severance offer is amazing. Why anyone wouldn't take it is a mystery. The next offer most likely will NOT come close to this one. For those who think they are so valuable to the company, get ready to pack up your things. You're only kidding... — read more 

Leave While You Are Young

Leave while you can and are young and marketable. Don't wait to get RIF'D and then you are older. Take the great offer and don't be afraid of change.

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| 1590 views | | 8 replies (last October 5, 2018)
Post ID: @OP+Vteoxf6

How to save $10B by end of 2021?Cutting Salary Expense

After one year of the infamous 4-year $10B saving announcement, VZ is no way close to that number. The biggest capex expense is salary, so assuming they want to save at least $3B annually next 3 year (after one time package payout)and each employee’s... — read more 

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| 2510 views | | 9 replies (last October 6, 2018)
Post ID: @OP+VtntxQn

How many will take it?

At first, at least judging by this board, I was certain a minimum of 90 percent will accept this offer. However, talking to coworkers and seeing some new posts, it's starting to look like it will be the other way around. What happened??? What changed... — read more 

Phx Area Layoffs

PHX call center and store layoffs coming soon I overheard from HR partner

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| 840 views | | 3 replies (last October 4, 2018)
Post ID: @OP+Vtn2qyi

Circa 2003 Vz Buyout Offered to 74k employees

Circa 2003 Vz Buyout Offered to 74k employees, more than 12k employees took the bait and retired that is about 16%. Back then pension enhancements were involved so we can factor that in for the large number of takers even though job market was not... — read more 

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| 1912 views | | 2 replies (last October 4, 2018)
Post ID: @OP+Vtn4cvZ

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