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
How will medical insurance work
I have a procedure scheduled for next Tuesday. Will we have active insurance then?
Verizon Voluntary Separation Package
Monday is the day for the announcement. Should employees take it or leave it>?
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
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
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
Any VDSI Bonus
Any one knows if VDSI folks get any bonus when we move to Infy ?
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
Whoever got VDSI retention bonus didn't get a meeting invite,. means?
Whoever got VDSI retention bonus didn't get a meeting invite, means? People Managers/Senior Manager/Delivery Head and retention employees didn't get a meeting invite.
Hire an attorney or a lawyer
If you are so unhappy, put up a fight. Do not waste time here.
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
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
Shankar Meeting Monday
Looks like it’s time
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
Vacation Time
If separated/terminated will Verizon pay you for your unused vacation time?
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
https://www.facebook.com/TheLayoff/posts/1855125134583934
https://www.facebook.com/TheLayoff/posts/1855125134583934
It's true
My VP confirmed packages come in Monday but couldn't share details
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.
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
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.
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..
Sorry
The RIF is coming.
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.
Won't hold my breath but...
Hoping they will extend a buyout to ALL employees that have been around ten years or longer!
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
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!
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?
B2B Confirmed over 300 people getting RIFD from wireless side. CBO's & Data Engineers
Confirmed over 300 people getting RIFD from wireless side B2B. CBO's (Coordinator Business Operations) & Data Engineers. May relocate to Texas or Carolina's or take severance. Severance package to be determined. Rumor has it that the severance... — read more
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...
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
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
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
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
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
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