Hello. Does anyone have a recommendation for a Labor/Employment attorney in Tampa? We were part of an involuntary RIF just a few months back...off payroll 7/1/18. Why would VZ RIF us with the standard severance package capping at 35 weeks if this... — read more
Infosys vs Buyout: Legal Ramifications?
I am an employee with over 20 years of experience who would greatly benefit from the buyout package but was not given that choice due to transfer to Infosys. Are there any legal/ethical ramifications for Verizon to offering very inequitable options... — read more
Unemployment Availabile?
Is it safe to assume that unemployment is not available to anyone who volunteers for this package, but chooses to actively seek new employment?
5 Year Extension of Union Contracts Now Makes Sense
The largest union contracts were set to expire next August. The company probably had the voluntary offer to management in mind when it agreed to extend the contracts to 2023. The extension buys it 5 years to settle into the new reduced management... — read more
Adios folks
https://www.yahoo.com/finance/news/verizon-early-retirement-plans-2018-162201439.html
Not voluntary
Make no mistake. This Voluntary Separation Email was sent company wide but only a select few qualify. I know many people with 15 years or more that don't qualify for this "voluntary" separation. Nothing voluntary about this.
Why is wireless not included?
After reviewing the offer a few times, I decided to seek some financial advice to help with my long term plans. One question that came up was why would the company leave out wireless? I mean we are one company and last time I checked the stores are... — read more
Verizon offers employees most lucrative buyout in 13 years
https://www.crainsnewyork.com/politics/verizon-offers-employees-most-lucrative-buyout-13-years The booming stock market and Trump's economic policies have fattened the telecom giant's pension plan Verizon Communications, the city's largest public... — read more
If you thought the HUM push was big...
Get ready for the forced HUM sales to really kick into high gear since ATT is launching their new device. ATT SPARK https://www.google.com/amp/s/www.androidcentral.com/att-exclusive-harman-spark-connected-car-device%3Famp
My views as a former employee
I was an employee at Verizon for almost 20 years. I recently got another job offer and left the company. It hit me after I left how much I think Verizon will struggle. My first bill without my employee discount shot up to $50+ per line on a 6 line... — read more
What’s Management saying?
Is management freely discussing the buy out offer with anybody or are they giving you the political BS?
What happens next?
If all the management is being offered a buyout who's left to supervise the union represented employees? What are they going to be doing? The four-year contract extension protects them but truly the protection is only there if they are before 2003... — read more
Unable to be rehired if volunteer?....
In the agreement it states you cannot work for Verizon if you volunteer for the severance package. If that’s the case and I use my Verizon experience on my resumé for another job and they call Verizon to see if I’m re-hirable would Verizon then not... — read more
Commissions
How does this affect wireline commissions analyst?
Verizon 4Q18 Surplus Declaration & Special Enhanced Income Protection Plan (EIPP)
http://local1101.org/node/17818 September 25, 2018. Verizon New York Inc., Empire City Subway Company (Ltd.), Verizon Corporate Services Corp., and Verizon Services Corp., (collectively "the Company") are declaring a surplus condition in 17 titles... — read more
Geographic Distribution of Buyout Impacted Resources
Hi All - disclaimer: I am not with Verizon, just trying to piece together a story... Anyhow, I' d like to find out what geographic locations are impacted the most by the buyout events - I've pulled some numbers regarding where VZ IT was adding... — read more
1000 RIF's paid for this!!
www.businessinsider.com/verizon-office-tour-new-jersey-renovated-photos-2018-5
Do you trust HR?
Just a quick poll: Do you trust Verizon HR and why.
Hans Manages to Destroy Another American Company
Who's watching?
Should I Be Worried?
I've been with Wireless for a little over six months now as a Solutions Specialist in one of the busier stores in my district. I am not the worst rep in my store but also not the best so there are people that make higher commission checks than me. I... — read more
This is how it's going to work
My bet is that the people moving to Infosys will have an Indian counterpart that they will be training to do their position and will be out of a job after that year. Call Sara Blackwell https://www.facebook.com/DemandingFairness/... — read more
Retained Resources
Does any one know the fate of people being retained in Verizon? I know folks moved to Infosys may stay there for 12 months and then may come out on to the road. don't think the fate of retainers is good. Does retained people get package? Even though... — read more
BBB.Org assessment of Sedgwick Claims Management Services
BBB rating of F. 1 star out of 5. 6 complaints https://www.bbb.org/us/ne/omaha/profile/insurance-companies/sedgwick-claims-management-services-inc-0714-104001107
VOLUNTEERING
If you VOLUNTEER and don't get picked , you can kiss your career aspirations at VZ good bye and you can bet the ranch you WILL be on the next RIF list...
My Layoff Was a Blessing in Disguise
I have to say when they sent me packing in 2017 after 26 years it turned out to be the best thing every. I pulled out ALL of my retirement, don't use any of their services and advise everyone I see to do the same. The idea that sending our jobs out... — read more
Dark Days
When VZW merged with VZ it was a dark day for those of us working in Wireless. We predicted the sh*t storm that is happening now would happen....
Why call it a Management Offer?
Why call it a Management Offer? It is being offered to people in Bands 5 - 8 many of whom have no one reporting to them.
Resignations on Same Day of Announcement
Many employees have resigned on same day of announcement. Even those who were retained have resigned there job. Definitely senior managers and above have benefits in rebadging employees to Infosys. Why do they do things so hurry. People who think... — read more
Management Offer
From Schmucks Board V Team, Today we are announcing a Voluntary Separation Program for a select group of U.S.-based management employees. This enhanced separation program will afford us an opportunity to find more efficiencies in the size and scope... — read more
It would be nice to know.
Offering people a choice is a great idea. It would be nice if senior management shared projected manning reduction numbers. The magnitude of the projected manning reductions might help people with their decisions.
$700 Million Dollar Deal
https://www.gadgetsnow.com/tech-news/infosys-wins-1billion-contract-from-verizon-and-microsoft/articleshow/65944223.cms Verizon in a statement to TOI said it has recently reached an agreement to transition select functions within Verizon's global... — read more
The worst thing that ever happened to wireless, was being taken over by landline
Talk about running us into the ground. BAM, NYNEX, it was nothing but a death march.
Layoffs started in 1984.
I worked for what is now Verizon from 1972 to 2006. The we were known as New York Telephone, until 1982 when they broke up AT&T and created 7 regional independent companies we rename ourselves NYNEX. In 1984 we were offered the first retirement... — read more
Human Resources
HR does nothing but make work for everyone else. Typically the stupidest of the stupid go into that “profession”. I particularly like how they b--ch about gender diversity in other departments when they are nearly all women. NOT leading by example.
*611
Who cut off customer service? Is it because of the lay off? It’s funny and what the CEO gets
Recently Rif'd
Has anyone heard if those recently rif'd (not received severance payout yet) will be offered the extended benefits?
VDSI to Infosys rebadging post
Hi all, this is for the discussion related to VDSI to Infosys rebadging. is it good to move to Infosys(considering same compensation) or it is better to leave Verizon and look for any other offer?
Raise a hand
Who's gonna be p-ss-d if they accept the offer and then are denied by Verizon after all?
No calls in to Verizon
Network has been down 30+ minutes. Customers (BGCO and employee line at least) are down. Someone sent me a text so I tested it... called the employee line and got a strange message that my call was being transferred and then the call dropped TWICE... — read more