Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

She gets the last word!!!

Insider recently sold US$3.5m worth of stock On the 29th of May, Samantha Hammock sold around 73k shares on-market at roughly US$47.83 per share. This transaction amounted to 82% of their direct individual holding at the time of the trade.


Start hiring less pay

Layoffs in Q1, hiring spree in Q2. Classic. • “They didn’t eliminate the work. They just eliminated the people.” • “New hires = lower salaries. That’s the real math here.”


No Layoff

Layoffs are slowing down. The focus may now shift toward recruitment, with hiring expected to increase from July.


Direct level Consolidation

When is it coming? It’s just suffocating to have 3 layers of directors over 5-6 individual contributors. They do not have much to do but to keep creating new sheets or presentations. Also wasting time on 1:1s , team meetings at each director level... — read more 


Layoff Severance Pay

How does Verizon pay out severance once lay off happens? How many weeks of pay does an employee receive? I have been retail sales rep for 6 years and i kind of hope to be laid off in July How many momths of pay do i get?


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