Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

Retail layoffs

Is there any credible information regarding closures of retail locations or conversions? When is this supposed to begin and how big of an impact? Also, for stores that stay open, has anyone heard about changes in leadership structure?


The real estate and rf teams were cut drastically. Of course the build plan is not as originally planned before the firings.

It stands to reason the overall workload is going to be less (but may be more for some people, depending on the job function). The network is being allowed to deteriorate. Not as many real estate people and rf engineers are needed if we are going... — read more 


vote NO!

Again we are being promised another “cost of living adjustment” at the end of the contract. Healthcare is going up. Inflation is on par with the raises so basically we are left with nothing but what we started with.Can someone explain to me why I pay... — read more 


Workload

Curious how everyone's workload has been since the cuts. It's been long enough to know the real impact. My team lost just one person, so it's been manageable so far. But I wonder how teams that got cut in half are doing. How bad is it?


Retiree medical not addressed? Did the company use a "neuralyzer" on the union?

Last year company/union talks broke off supposedly over the raise in caps for retiree healthcare. Now we have a tentative contract where the info just released does not seem to address this issue at all. Did the company use that memory erasing device... — read more 


To everyone asking about Stock Together

Just took a peek at the union contract. If ratified, it says that their Stock Together will no longer continue and they are receiving an additional $500 in corporate profit sharing in lieu of. If that's an indication of our (management) stock... — read more 


You sold out the new hires, years ago!

You (union) created the two tier system we currently have amongst our work force. The new cps awarded to new hires is not enough, not nearly enough. The contracts are still being geared towards the ones with the 500k pensions... it's infuriating. Im... — read more 


Still waiting on “proof” that those caught in the Nov 20 cuts would have ALL outstanding RSU vest.

Basically, someone stated that the Nov 20 layoff was some kind of exception to the prorated RSU treatment that involuntary separations receive. That those caught in this particular wave would have all future years (the two tranches for 2027 and the... — read more 


Stock Together March 1st Distribution

Can someone help me understand the 3/1 Stock Together distribution? Is this the first time it was distributed as VZ stock and not just available to withdraw as cash? I notice it shows as a Short term investment, does this mean if I sell the shares, I... — read more 


Rebadging 2026

There have been numerous rebadging (moving functions and the people that support it to a contracting firm) over the last few years, significant ones with Infy, HCL, and Cognizant. I'm hearing it's coming again, on and off shore. Anyone have any... — read more 


Massive layoff

A significant layoff is expected soon on the retail side. I’ve heard from a source that leadership plans to convert up to 90% of corporate locations to indirect locations by the end of the summer.


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