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
VCM, VZW, VES
Is everyone affected? VCM, VZW, VES?
Management buyout
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
https://twitter.com/TheLayoff/status/1041739855997399043
Video (50 axed)
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
Concrete info, please
Has anybody actually received anything or no?
People, be patient
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
Another eisp?
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
Just Wireline
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
Global Supply Chain Reorg
Does anybody know anything about the Supply Chain reorg that will supposedly take place?
Anything happening today?
Any news? Any offers?
What are the chances the buyout is true?
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
The future of Verizon
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
Target employees
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
Buyout timeframe
If the buyout comes out next week when is he tinerframe you need to inform the company if you’re leaving
Question - Retired mgmt does not keep medical coverage like retired craft?
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
Union Contact info please
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.
The Retail Sell Off Coninues. Verlieson Hopes You Don't Notice
https://m.thepostsearchlight.com/2018/08/03/cellular-sales-takes-over-verizon/
Here's a short play I wrote to explain to you how the modern economy works -------------------------------
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
The next big thing is OATH
According to hans,i see another ENRON
Verizon Wireline Management Buyout Next Week
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
Massive Turnover in Dallas market
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
Stick to smaller companies
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
Forcing comp time
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
VERIZON (THE COMPANY) BECOMES MORE SCREWED UP EVERYDAY - THANKS TO IT;S MANAGEMENT.
Must cut cost
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
BuyOut coming in mail sept17th
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
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
More than 50 people laid off from video product business
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
Sound familiar?
A Japanese company and a North American company decided to have a canoe race on the St. Lawrence River. Both teams practiced long and hard to reach their peak performance before the race. On the big day, the Japanese won by a mile. The North... — read more
OSP Engineer
What Degrees do I need and in what field.
Just a heads up
They started firing people for no reason. I guess severances are too expensive these days...
What Type of Person Should Consider Work at Verizon?
Chime in... Keep it civil.
Hahaha Buh Bye
https://www.cnbc.com/2018/09/12/tim-armstrong-out-at-verizons-oath.html
Home delivery?
I heard some markets are about to try home delivery of phones. Anyone?
Outsourcing
Not really layoff related but an interesting article. https://www.livemint.com/Companies/aOf9slNRxIOGn8Jd9M3xqN/Hiring-picks-up-at-TCS-Infosys-Cognizant-Wipro-and-HCL-Te.html
At Least EISPs Still Being Offered
It’s been so long since I heard of any EISPs I thought they were over with. The active Special EISP now being offered in Pa. gives me hope that more will be coming in the future. Good Luck to all in Pa. that are in a position to take it.
Sept17th
D-day