Topics regarding layoffs at Verizon Communications Inc.

Topics regarding layoffs at Verizon Communications Inc.

No information about future severance

No info communicated that I have seen about future severance changes. If left unspoken informal it creates more confusion for those deciding on voluntary offer. Is more info to follow?

by
| 1451 views | | 5 replies (last September 24, 2018)
Post ID: @OP+VjVIC3Z

How come no offer for my dad?

He's been with Verizon for at least 25 years (can't remember exactly when he started, but I know it's not under 25.) I can't understand why he would be left out, if everybody with over 20 years was supposed to get this buyout offer. Or did I... — read more 

by
| 2451 views | | 6 replies (last September 25, 2018)
Post ID: @OP+VjEalzU

Employment class action lawsuit

The buyout is only offered to those NOT chosen to transition to infosys, retained as Verizon Employees. Which means anyone with 20+ years that does t choose to take the job at Infosys, will not get the same package offered to retained Verizon... — read more 

by
| 2060 views | | 4 replies (last September 26, 2018)
Post ID: @OP+VjBVLoP

See only threads with replies

There is a big blue ACTIVE button just above the first thread link. That will show you threads sorted based on which had recent replies. Reviewing this can help us not start redundant threads.

by
| 396 views | | no replies yet
Post ID: @OP+Vj5AQ4J

Courage in Leadership

This is a very good move. Hans is doing what is best for the company. The offer given to the employees is generous. I know , I would not have been this generous. This is called leadership and sometime tough decisions need to be made. What was done is... — read more 

by
| 2980 views | | 10 replies (last September 25, 2018)
Post ID: @OP+VjPKvsf

EPP Program

What will happen to those who are enrolled in EPP program? I switched over to EPP 7 months ago when they had the deal for iphone 8 plus free with iphone x. Now I still have $1350 left as balance and they are saying EPP is removed? Thats outrageous... — read more 

by
| 1002 views | | no replies yet
Post ID: @OP+Vj5BYP3

Offer Email

Here is what Hans emailed this morning... —— V Team, Today we are announcing a Voluntary Separation Program for a select group of U.S.-based management employees. This enhanced separation program will afford us an opportunity to find more... — read more 

by
| 4400 views | | 11 replies (last September 24, 2018)
Post ID: @OP+VjOZxNH

XO

Anyone else from XO here? I just got an offer about 10 minutes ago. What are other people seeing?

by
| 1490 views | | 4 replies (last September 25, 2018)
Post ID: @OP+VjIb4dG

Hans’ Email

The offer is real. No more speculation. Email from Hans arrived at 10:06am with a link to a message with details from Mark Reed.

by
| 1262 views | | 2 replies (last September 24, 2018)
Post ID: @OP+VjDmZZN

Hire an employment attorney

If unsure about what to do, so not listen to random anonimous posts on this site - hire a professional, an employment attorney to guide you through any areas where you need more clarity. May be a bit pricey, but overall having some legal support will... — read more 

by
| 1060 views | | 3 replies (last September 24, 2018)
Post ID: @OP+VjSNKLe

Enjoy it while it lasts senior managers :-)

Is there anything more sad than the group Verizon calls "Senior Managers"? This elite group of poor performers are mostly made up of leftover people. They've aged their way to the top of the loser pile and literally don't ever want to move. They are... — read more 

by
| 3300 views | | 7 replies (last September 25, 2018)
Post ID: @OP+VjR0zmy

Voluntary Seperation Program

So the package is real and they have announced options for 1000's of employees! Hans the CEO communicated today linking employees to a micro site to see if they qualify

by
| 3800 views | | 11 replies (last September 24, 2018)
Post ID: @OP+VjIGncV

What is the truth?

Can we finally determine what was the truth and what was fiction? Buyouts? Layoffs? Both? None?

by
| 2450 views | | 7 replies (last September 24, 2018)
Post ID: @OP+VjIHLfM

More info about going to Infosys

People going to Infosys will have comparable pay, benefits, carry over their time, etc. - for one year guaranteed. After that year, who knows. Another call is coming about the program being offered - basically a volunteer package to leave, so at... — read more 

by
| 2290 views | | no replies yet
Post ID: @OP+VjOqpMU

Transitionin to Infosys - email from Shankar

I am in VZW IT and got the email from Shankar that I have been identified as a member transitioning to Infosys. Oh Well I’ve just read this on another thread ( @VjAoEqI-euk). Still can’t believe it, kind of hoping this is just a big hoax. Anyone else... — read more 

by
| 3230 views | | 4 replies (last September 24, 2018)
Post ID: @OP+Vjf80rh

Layoffs !!?

Is this true .. layoffs happening today 09.24 ?????? Nervous

by
| 4460 views | | 6 replies (last September 24, 2018)
Post ID: @OP+VjHgVxj

How is weekly calculated?

Is the buyout weekly based off your base pay before the sti or after. So if I make 100k on paper including sti will they base my weekly off that amount or 88k is which is what my 2 week salary is based off of. And before anyone says it’s not true... — read more 

by
| 3250 views | | 5 replies (last September 24, 2018)
Post ID: @OP+Vi8ONsb

VDSI Options

For other than those who got Retention Bonus, Will there be an Option given to VDSI folks to choose between Rebadging and a Package-Offer?

by
| 2080 views | | 5 replies (last September 23, 2018)
Post ID: @OP+VidGjxt

VZ Morale

There used to be high employee morale - VZW was an exceptional company to work for. Happy employees made for productive employees. Things turned when Lowell took over as CEO. The company started to care more about penny pinching than they did about... — read more 

by
| 3880 views | | 10 replies (last September 24, 2018)
Post ID: @OP+ViOua7K

Infosys...after rebadged

Ok. So if u have to move to Infosys. What happens to your pay. Do you get a bonus. Does vacation. Stay the same. Or are you like a new employee there.

by
| 4750 views | | 6 replies (last September 23, 2018)
Post ID: @OP+ViRQPnU

3rd Quarter Eisp for Verizon

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 

by
| 2410 views | | no replies yet
Post ID: @OP+VhJynLZ

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 

by
| 4340 views | | 16 replies (last September 24, 2018)
Post ID: @OP+Vh5OKkI

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 

by
| 4440 views | | 20 replies (last September 23, 2018)
Post ID: @OP+VhzSL72

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 

by
| 1370 views | | 3 replies (last September 23, 2018)
Post ID: @OP+VhFLCMt

Any VDSI Bonus

Any one knows if VDSI folks get any bonus when we move to Infy ?

by
| 1520 views | | 2 replies (last September 22, 2018)
Post ID: @OP+VhF9O13

Start a new thread - post a news comment, question or message:

: