Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

3rd Quarter Eisp for Verizon

3rd Quarter Eisp for Verizon Attached is a listing of surplus declarations in Potomac. The Company intends to offer the EISP. Volunteers will be accepted as necessary to meet business needs. Also attached is a listing of employees who will receive... — read more 

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| 2410 views | | no replies yet
Post ID: @OP+VhJynLZ

Just rumors?

I went back through this board to see when these outsourcing rumors started. It looks like they started around the time of Hans becoming CEO. First, it was IBM, then it switch to InfoSys. I doubt anyone would have known four months ago what Hans... — read more 

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| 4320 views | | 16 replies (last September 24, 2018)
Post ID: @OP+Vh5OKkI

Verizon and what use to be

This decision is not an easy one to make. The newbies including our new leader can't understand that for some of us long timers we have put in blood, sweat and tears over the years to grow this company to what it is today. This is not just a job but... — read more 

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| 4400 views | | 20 replies (last September 23, 2018)
Post ID: @OP+VhzSL72

New Executive Bonus Idea...

If the c suite and their immediate underlings do a really great job.. Will they be given the chance to run through a warehouse for 30 seconds collecting fabulous prizes? Maybe a discount to Applebee's or Great Adventure? I guess you would have to... — read more 

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| 1370 views | | 3 replies (last September 23, 2018)
Post ID: @OP+VhFLCMt

Any VDSI Bonus

Any one knows if VDSI folks get any bonus when we move to Infy ?

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| 1520 views | | 2 replies (last September 22, 2018)
Post ID: @OP+VhF9O13

Offshoring..inevitably going to happen

Manila, India or Ostrava...work is going to one of these places. If they don’t get the cost savings now they will just RIF us all anyway

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| 1490 views | | 3 replies (last September 22, 2018)
Post ID: @OP+VhrwnmU

There is life after Verizon

Just wanted to let people who are in their fifties know there is life after VZ. I was laid off last year, and, took me about 4 months to find a more fulfilling and better paid job (if compared to what I had before). I did maybe five interviews total... — read more 

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| 3430 views | | 8 replies (last September 23, 2018)
Post ID: @OP+VgL2yst

MOVING

Just found out from a co-worker that my office and all the other offices in Basking Ridge are relocating to Irving Texas, not sure if they are going to offer me a relocate package or throw me out with the rest of the trash to! Sadly we have to find... — read more 

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| 7550 views | | 21 replies (last September 22, 2018)
Post ID: @OP+VgHn1PD

Lousy weekend ahead of us

Frankly, not knowing for sure if there will or won't be a buyout offer is going to make this weekend pretty lousy. If the rumors are really true, then them keeping it from us a few more days instead of just letting us know is just cruel. I guess all... — read more 

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| 4720 views | | 12 replies (last September 22, 2018)
Post ID: @OP+Vgt5aIm

Vacation Time

If separated/terminated will Verizon pay you for your unused vacation time?

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| 2140 views | | 8 replies (last September 22, 2018)
Post ID: @OP+VgFw4xD

Filed a case with EEOC

I filed a case with the EEOC and it is being investigated as I write this. Sure they might be slow but if enough older folks file complaints it might make a difference. Clearly VZ targeted older employees for a number of reason. Signing a severance... — read more 

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| 3330 views | | 12 replies (last September 23, 2018)
Post ID: @OP+VgverUO

It's true

My VP confirmed packages come in Monday but couldn't share details

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| 4030 views | | 7 replies (last September 22, 2018)
Post ID: @OP+Vg3a98r

Just a hoax

People, I think it is clear by now to everybody that the whole buyout thing was nothing but a hoax. Sad but true. We've been had.

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| 2850 views | | 10 replies (last September 22, 2018)
Post ID: @OP+VggNRn8

We still got nothing

I don't understand. Everybody is talking like the whole buyout has been announced to everybody and is know a fact known by all, yet in my department there was absolutely no mention of it. Granted, we don't have anybody with 30+ years here, but we... — read more 

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| 4660 views | | 6 replies (last September 23, 2018)
Post ID: @OP+Vg4ZfFU

VDSI-VES REBADGING

Is it only Infosys? Or there are other vendors? Any date for announcement? Any idea how much % is retained? If anyone has any info pls post here.

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| 2410 views | | 3 replies (last September 21, 2018)
Post ID: @OP+VgzI0VZ

Monday

My entire wireline team was told today they have have an offer to leave but won’t see it in writing until Monday. There will be a web portal where employees can look at their personalized offers based on tenure / age etc..

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| 4920 views | | 8 replies (last September 22, 2018)
Post ID: @OP+VgoeJJ3

Sorry

The RIF is coming.

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| 1724 views | | 1 reply (September 21, 2018)
Post ID: @OP+VgyFORW

Irvine CA got hit hard yesterday

Just to let you guys and girls know, there's life after Verizon, and usually it's better. You will get thru this.

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| 2261 views | | 2 replies (last September 21, 2018)
Post ID: @OP+VgJgDyD

It IS Happening...

Glad others are sharing the info, as directors+ had their meetings yesterday (9/20). This was shared, but it is 3wk pay x #yrs service (max 60) Future will only cover 1 mo pay. This isn't uncertain or rumor. As indicated, it has directly to do with... — read more 

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| 7720 views | | 5 replies (last September 21, 2018)
Post ID: @OP+Vg1ksbL

Won't hold my breath but...

Hoping they will extend a buyout to ALL employees that have been around ten years or longer!

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| 2923 views | | 4 replies (last September 21, 2018)
Post ID: @OP+VgIDMMf

VDSI Layoff

First of all I was a VDSI employee who been spend 7 golden years there. We cannot see such employee friendly pay Masters anywhere in India. We don't even know we had that much of freedom though we worked late nights lot of time. Freedom in terms of... — read more 

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| 2800 views | | 2 replies (last September 21, 2018)
Post ID: @OP+VgE8I7D

Managers and Directors Got Their Freak On

Hearing managers and directors worried about losing lots of key staff with buyout. Emergency powwows scheduled for what-if scenarios where whole teams are decimated. Fun times ahead!

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| 1510 views | | 1 reply (September 21, 2018)
Post ID: @OP+VgYLhAq

I apologize for my ignorance...

But what exactly is a “management buyout”? Does this affect wireless and wireline. Can someone explain it like I’m 5?

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| 2750 views | | 4 replies (last September 21, 2018)
Post ID: @OP+VgmgkD0

Update

I just finished a call a director call who confirmed the buyout plan (it was an unrelated call) - details were provided by nothing is official until Monday when the official communication is to be distributed...

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| 5760 views | | 16 replies (last September 21, 2018)
Post ID: @OP+Vfhz0V2

Management Buyout Confirmed

Slide decks are going around. Directors found out today and managers will likely "officially "find out tomorrow. 3 Weeks Separation per year of service capped at 60 weeks, 2018 STI paid at 100%, 3 weeks of medical benefits per year of service, capped... — read more 

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| 15690 views | | 31 replies (last September 26, 2018)
Post ID: @OP+VfnrsDe

Not Verizon - but could be.....

https://www.forbes.com/sites/jackkelly/2018/09/18/the-ibm-age-discrimination-lawsuit-will-shed-light-on-this-harrowing-trend/#53d512385ce1

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| 1320 views | | 1 reply (September 20, 2018)
Post ID: @OP+VfnIA5N

Letter by a Loyal Employee

To My dear Top Management I want to send few words which might reach you or not but let me put whatever that i would like to put forth. To start of with i am from VDSI. For me joining Verizon was like joining a dream company years(s) back. Most of... — read more 

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| 4480 views | | 10 replies (last September 21, 2018)
Post ID: @OP+VfMZ6h9

The Verizon Strike is Official for Tomorrow (9/21/2018)

Wireless, Wireline and ANY Verizon Employee please stay home tomorrow. Call center and Fios employees everyone just stay home tomorrow. On the Wireline side people have been wrongly laid off due to age discrimination and other various improper... — read more 

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| 6540 views | | 28 replies (last September 24, 2018)
Post ID: @OP+VfV09io

Has there been one solid piece of info about buyout?

So many people are posting, myself included, getting all worked up... But the more I read, the more I feel like this might not be happening after all. Is there one piece of info we can point to and say it confirms there is actually going to be a... — read more 

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| 5420 views | | 12 replies (last September 20, 2018)
Post ID: @OP+VfAoosC

Any chance we find out today?

I'm hating this uncertainty. I'm up at a crack of dawn hoping somebody posted something new. There is really no need to drag this out. Just tell us already. What's the difference between knowing today and knowing tomorrow? The cat is so obviously out... — read more 

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| 4880 views | | 11 replies (last September 21, 2018)
Post ID: @OP+VfVJ9IH

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