Thread regarding Verizon Communications Inc. layoffs

@nd In a rebadge, it's usually quite easy as they tend to target a whole SVP group (or more). People talk and you are also usually on the payroll longer than 30 days in order to complete the transition. I think in 2018 it was just over 2 months. The ones that didn't want to go started sending emails to their leadership team and some even went all the way up to Hans, so they were aware the masses were plotting. I do, however, believe that if there had been no concurrent VSP, we would not have gotten severance, let alone an enhanced one. We got lucky.

There is a reason that they don't publish or make know the names of the employees getting laid off. The employees could easily group together for a class action lawsuit. When a RIF happens, you have no way of knowing who was affected. Ba----ds

@gr The goal for anyone impacted by this that would have preferred a severance should be to raise enough turmoil in social media and any platform to do real brand damage to VZ if not given the choice between severance or taking a job at the new company.

While I agree that severance should be offered for those who do not wish to take a position with the managed service company (I was there in 2018), I can almost guarantee that if you disparage the company in a public forum, you can kiss said severance goodbye. It's one of the highlights of the severance document, so I wouldn't advise people do that. It's better to let it be known through higher management that lawyers will be consulted. If enough people do that, you will get your severance like we did. There were approximately 500 out of 1500 in 2018 who were retirement eligible and just wanted to get out.

I have experienced SDs and ADs do things that contravene Federal and State employment laws most notably age discrimination and get away with it because the victims wanted to avoid the acrimony of a lawsuit against their employer. It’s understandable and I don’t blame them.

However, the moral is don’t assume that whatever your management is doing to you is legal and that you therefore have no recourse. It depends on the specifics.

I do think a severance could be forced if everyone impacted by a rebadge lawyered up. VZ is all about avoiding friction when it comes to legal matters, any massive company is for that matter. The only question is will enough people pursue some legal action to make them change course. That is the area I’m not sure on and we won’t know until the rubber meets the road. I know that life is not fair but it is really ugly that tens of thousands of people have been laid off from VZ the past 8 years and most of them received severance. Then when it comes down to needing more cuts or wanting them they start exploring these measures. Selling your people of as cattle is frankly despicable behavior there is no way to mince words around it though they will try. The goal for anyone impacted by this that would have preferred a severance should be to raise enough turmoil in social media and any platform to do real brand damage to VZ if not given the choice between severance or taking a job at the new company. We chose to apply at VZ that is fundamentally different than rebadging to a company none of us ever applied to. Taking this lying down cements a disturbing precedent for all companies and makes working for corporate America a less stable income generating proposition for future workers. Meaning if this becomes a norm your own children will face this type of turbulence and their careers more frequently moving forward. Do you want that for them?

@f0 Agreed. However, we have to plan for the most probable outcomes. If they offer a severance it's pretty much a no-brainer. If they don't that's when a lawyer would make sense.

If in doubt, consult with an employment lawyer. The first consultation is typically free and will let you know what options you have if any. Employment laws differ from state to state.

I wouldn’t base my future on probablys and maybes.

What groups are on the line for rebadging?!s it only IT groups?

@c2 do you think that ruthless, unscrupulous CEOs exist only in the movies? Then think again.

In the 1987 film Wall Street, corporate raider Gordon Gekko wanted to accumulate massive wealth and power by ruthlessly buying up undervalued, mismanaged companies, breaking them apart, and selling off their assets for a massive profit.

@OP This might be the reason they let go all exec and senior leaders who worked for the company more than 15+ years, they were lucky....

8,000 to 10,000 more by year end.

I still think the execs know something that the little people do not know. Why would a company making $17.6 Billion dollars a year net profit, feel the need to pinch every penny and destroy the company from within. It's not like we are losing millions each year, we are making $17.6 Billion! There must be something coming that we don't know about. Verizon was a magical company that made the customers feel good, and customers paid a premium knowing Verizon had the best service. Now we are plagued with outages and we have traded premium wireless plans generating healthy profits for "simple" plans that generate pennies in profit.

@br Your comment, inane and lazy as it is, made me think that maybe Verizon would save money by offering severance to those who rather don't rebadge to a consulting company. So maybe they'll offer severance after all. We'll see.

OP - please do not give any STUPID legal advice

@OP there won't be hardly anyone left to look back on it and be proud. Rebadgibg and layoffs will occur and then the sale will be announced.