The company serverance that you sign for prevents you from getting umemployment. Even if you successfully convince the unemployment dept that you were let go, they eventually catch you when they contact Verizon. I know many people who tried and... — read more 

Several managers in Boston heard on Friday 3 weeks pay per year of service NO CAP 35 weeks FREE COBRA off payroll 11/1, 1/1 or 6/30. FEDEX package to Home on 9/17. Pretty special info. Anyone confirm same?

Ironically if Verizon hadn't frozen managements pensions in 2006 many of the older higher paid employees that they want to get off the payroll now would have had enough money years ago too retire and would no longer be on the payroll.

Retention bonuses were given in IT last week. I have personal knowledge of this.

I doubt there is a 60 week cap. Reason-60 weeks is only 8 weeks more than a year. I have been here way more than 20 years and firmly believe that I could survive for at least the next year. So 60 weeks pay and 35 weeks medical as opposed to having... — read more 

Anyone has experience with Sedgwick? Any advice?

I just got off a team call with my VP. She too has heard the rumors and inquired with Senior Leadership. She was told "There is NO Management Buyout being offered!" This is all a hoax. There will likely be a RIF in November.

Go here: https://www.thelayoff.com/t/V9qNMoq |-- or thread hyperlinked here: -- | @V9qNMoq

I have heard all the severance is gonna change if u don’t take it this time, life will be awful at Verizon post offer talk. Multiple CEOs, mergers and sales, pension frozen and more. I am still standing. Sorry 60 weeks is not enough, at my age I will... — read more 

Is everyone affected? VCM, VZW, VES?

Is the Management buyout only for specific band levels? Managers are typically band 6 and have direct reports, but some are band 6 without direct reports, would they be eligible too? What about Band 5 (director) and band 7's?

https://twitter.com/TheLayoff/status/1041739855997399043

VZ continues with an endless trickle of cuts on the content side, death by a thousand cuts or "Lingchi" in Chinese. Verizon has laid off at least 50 people in a consolidation of its video product business, according to multiple company insiders. The... — read more 

Has anybody actually received anything or no?

It was said nothing will happen before Friday. Stop making a fuss about buyout not being true before the day is even here. I know people are curious and want to know what's happening right now, but that's not going to speed up the process any... — read more 

I know there is an offer for management coming out and they are supposed to have the paperwork fed ex’d to their homes today. Also heard that there is another eisp coming out for craft very soon and it’s going to include a lot of titles. Anyone else... — read more 

The expected buyout is Wireline specific, right? Wireless will not be impacted in any way? I haven't seen anything mentioned on the Wireless page but I know a lot of people don't actually post on the other board and I wanted to check here as well... — read more 

Does anybody know anything about the Supply Chain reorg that will supposedly take place?

Any news? Any offers?

Been away from this board a few days and I come back to this massive buyout rumor that I can't figure out if it's true or somebody being really good at winding people up for nothing. Has there been any official indication that it might be true? Or at... — read more 

Google: Hans Vestberg investigation. There is a phrase used in management to help explain the reason organizations behave the way they do, "Shadow of the Leader". Realize that Verizon decided Hans has exactly what they want in a CEO to carry out the... — read more 

The folks with pensions are the target to get off the books. Verizon does not want to continue to fund the pensions of Jose employees that are still in the company. It is a major cost cutting measure along with their salaries. I believe those... — read more 

If the buyout comes out next week when is he tinerframe you need to inform the company if you’re leaving

I'm looking at comments with the terms of the supposed management retirement offer coming out this coming week and it says they will keep Cobra for a year. I had no idea that retired mgmt does not keep medical coverage. Is this correct? Wouldn't this... — read more 

I been trying to get union contact info for my area in South Florida. These managers sure are dirtbags. Unattainable quotas make the job we once loved, now impossible.

https://m.thepostsearchlight.com/2018/08/03/cellular-sales-takes-over-verizon/

Average Working Stiff: "Mr CEO, what's with all the cutbacks, layoffs, outsourcing, etc ???? CEO Blowhard: "You people do understand that I am legally obligated to return value to the shareholder, right?" Average Working Stiff: "Sir, you make 35... — read more 

Any speculation on if wireline managers with less than 20 years will be eligible for this rumored buyout offer? Managers with 17-19 years, for example, would have a similar #weeks pay severance (albeit slightly less) as those with 20 years. It would... — read more 

According to hans,i see another ENRON

Packages are being sent out next week per our VP. Eligible employees will receive them on Friday (pay day) , not Monday as rumored on this board. All Wireline Management employees with 20 or more years service will get a package. The offer will be 3... — read more 

The turnover in the Dallas market is at an all time high. This is what happens when leadership ignores and covers up years of harassment. The past 5 years have been terrible. The culture here allows harassment, retailiton and cover ups. People have... — read more 

Just to let everybody here know, I was laid off from Verizon about a year ago, got a job at AT&T, and now I'm in exactly same position I was in a year ago. The situation is exactly the same, all the same issues, all the same unreasonable... — read more 

Is anyone else struggling with the overwhelming work load and dealing with managers that force comp time while telling you your not relevant if you can't do 50 hrs of work in 40 hrs. Not providing time to train while telling you that you need to be... — read more 

VERIZON (THE COMPANY) BECOMES MORE SCREWED UP EVERYDAY - THANKS TO IT;S MANAGEMENT.

Everything is save money, cut costs. The problem is that it appears they don't have enough good ideas to come close to the goals they have set. I also see lots of stream lining of processes and combining of responsibilities. I think we are getting... — read more 

Heared for all manager with20+ years of srv,also a package for craft sometime in oct,that is what im hearing ,hear 4 and 4 but maybe all rumors

Massive Walkout is planned for all retail wireless workers on iPhone launch day. This is to protest the terrible commission structure and decline in fair treatment. You won't get in trouble if you call in. File for FMLA for stressful work environment... — read more 

I'm sorry if this was posted already, but I haven't seen it until now. Verizon has laid off at least 50 people in a consolidation of its video product business, according to multiple company insiders... — read more