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
Don't let your pride get in the way...
What aren't people understanding? If you/your job were so valuable and essential to VZW you wouldn't have been part of the Offer, YOU will not be "safe" after all the volunteers leave, you will be left with a RIF at 2 weeks for every year. All... — read more
44,000 Got The Offer...Wow
https://www.wsj.com/articles/verizons-severance-offer-goes-to-about-44-000-employees-1538587179
Here is a thought
Was talking to colleagues about this and make some sense. I am sure there is a number and list of ppl they want off the books for sure of course others they probably don't. Why not get management together per team and discuss who is on the list and... — read more
Thanks Hans
https://www.extremetech.com/internet/278029-verizon-launches-5g-network-that-isnt-real-5g
Verizon Looks to Cut $10 Billion in Costs by 2021
https://www.foxbusiness.com/features/verizon-looks-to-cut-10-billion-in-costs-by-2021 Verizon Communications Inc. is planning to cut $10 billion in spending from its operations over the next four years, the company's CEO told investors on Thursday... — read more
B2B Sales
Curious as to what RIF’s if any, will impact WBG? A lot of sales people want out...
Any i the only one this is making sick?
40 or so more days to go back and forth between two possibly horrible options and then 7 more days to second guess yourself before you get to wait a month to find out if they’ll even let you go.
Copied from wireless post
What does the future look like for call center workers? Don't see much on these boards about the reps in the call centers. I know the push is HBA. But will reps taking calls on the wireless side get a severance offer?
Townhall yesterday
Anything new?
Opt In Time is here
After 10 years at Verizon.. I'm gonna sign up for it. Every 6 months it's RIF RIF RIF lol. At least with this one you get a better severance package than the normal one. And.. if not enough volunteers.. will be involuntary rif... and less money. And... — read more
This is why there will be no packages for retail
Stop expecting “buyouts” or “packages” from retail. You ever see a special package for Best Buy employees? No? The reason is they have no value and can be easily replaced. This is the same thing with you. This might not be what most of you want to... — read more
Is VZ (Wireless/Communications) headquarters in NJ moving to Texas
Is VZ (Wireless/Communications) headquarters in NJ moving to Texas? Closer to Ericsson, Sprint, T-mobile, ATT where all the other vendors/network corps are located?
Why the big secret?
Why can’t we be informed of the company’s future/ direction so we can make better, more informed, decisions?
People here work only to retire!
One thing has become extremely clear. People here at VZ work only to retire. This is like a government organization. Work for donkey years, no motivation to do anything and then just retire, after a comfortable life. No wonder there is no engineering... — read more
How many Verizon employees will actually take the buyout?
List the number!
Post a sentence for Hans.
One sentence per poster. 10 words max. Let's see what we can come up with.
Wireline taking over more and more wireless equipment
Little by little they are taking our transport equipment. Writing's on the wall unfortunately.
Pay increases announced
Was told today SMB will be receiving salary increases!
Do you think vz 5g-tf its not real 5g-nr ,but will customers bite
I think true 5g is in it infancy,true 5g-nr is a long way off,a couple of years,so i hope HANS has a great plan, cus if doesnt verizon will be in trouble in years to come.also do you think people are going to run out to get in house just internet... — read more
Reminds me of the old song....
Go on, take the money and run.... Woo hoo...
Retiree Health Care
I qualify for retiree benefits from Verizon if I accept the voluntary severance package. The severance seems exceptionally generous, and friends from across the board have encouraged me to take it. I even asked a friend who works in HR for an IT... — read more
Pull through now a leaderboard metric
Get ready for Hums to be slammed like they’ve never been before!
Nothing going on in retail!
Stop asking the same question over and over again. Nothing is happening and nothing will happen with retail today. It's just a Monday like any other regular Monday.
Anything happening today?
Any news?
Outsourcing
With the outsourcing of IT; when should the remaining call centers expect to be outsourced? Will they be offered buyouts or severance?
This offer is as good as it gets
Unfortunately VZ has already determined the number of employees with enough years to qualify/come close to retirement (12k -20K employees) "I don't remember the number exactly" - if they don't get the number of employees that they have in mind those... — read more
More offers going out today?
What are the chances this is true? We will see more offers today, specifically in retail? Nothing would make me happier, to be honest, but I'm not sure why they would hold back with those offers. It sounds much more likely that nothing will happen... — read more
Personal calculation 52 weeks or more?
For those who will have over a year's pay on your calculation, do you see it showing as you would receive 2 STIs on your payout? On the left side it shows base pay + sti target = total target comp. Then in the middle of the page it says separation... — read more
Severance?
Is anyone taking the bait?
Do you think that hans will sell off the wireline side of vverizon
Will he get rid of the copper and fios to put in 5g in the northeast
Some People Still Aren't Getting It.
Hans was brought to Verizon to slaughter. Ericsson had more employees than Verizon has now. Hans cut them in half. One Ericsson yard in the Dallas area had sixty trucks and techs. After the slaughter five techs were left. Work didn't get done -- Hans... — read more
Why all the cuts? They have to pay for "5G" somehow.
With the rollout of "5G," they need some way to pay for that ish. Here in Sacramento, we're offering free equipment (worth at least 1k), free installation (another couple hundred in labor, as the equipment requires a pro-install), and "up to a 1Gb... — read more
Is verizon doing that bad,that they have to get rid of 10,000 plus employees
Are they going to report a bad quarter coming up or whats going on,are their fios sales going down or their wireless sales
Check your emails people
Just got an email saying that some rolling changes would go into effect Oct 1st 2018 for retail and details would be provided Monday.
Rebadged employeed from Verizon to Infosys
will the rebadged employees get a trial period even if they have accepted Infosys offer just in case we don't like infosys after moving there. If yes can people leave Infosys immediately ?
Questions for Infosys Rebadged employees
Please use this thread to exchange information. Unfortunately there is no other avenue available to us Some questions I have What are the nearest Infosys locations from Piscataway, NJ Baskin Ridge, NJ Do anyone know the medical benefits of Infosys — read more
You asked for it
https://postimg.cc/sBxrBRsg
Vz not a sinking ship.
Everyone keep saying get out Vz is a sinking ship. Well with these numbers I just can't see how. I know we have allot of debt, but usually sinking ships don't report numbers like this. Just my thoughts and part of the decision to stay for go. If... — read more