Thread regarding Verizon Communications Inc. layoffs

Who is next??

VSP over and done with.

Union EISP next??

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Post ID: @105MH3Va

49 replies (most recent on top)

i doubt it would be the 10k dollar one. that would be a slap in the face after giving management that offer. it would be a waste of postage. nobody would take it. just by waiting until new year and vacations would almost add up to it. hardly worth taking it.

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Post ID: @105MH3Va-dosf

Yes. September is end of quarter hence they would be gone by October. Admittedly semantic, but nonetheless off payroll before October. I doubt there will be one this quarter as the paperwork would need to be in the mail within the next few weeks. It is more likely to be a fourth quarter event.

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Post ID: @105MH3Va-dyvj

Heard from two sources that an isp is coming out in October. Not an eisp...its the smaller one..$10,000 plus $1100 per year. Not enough to get me to go. I’ll ride it out until the contract is up or they offer the eisp ($50,000 + $2200)....whichever comes first.

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Post ID: @105MH3Va-dsyb

My group had an eisp in 2016. Paperwork sent out in August, off payroll in October.

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Post ID: @105MH3Va-dnyj

There has never been an EISP in October. They have always been end of quarter.

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Post ID: @105MH3Va-ddab

Are we still on track for October??

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Post ID: @105MH3Va-dofw

@9ffi You are correct to a point You however are ignorant to the facts. We can be laid off just not involuntarily. When the company would like to layoff they are forced to offer the contractual EISP. When this happens the EISP money goes to the affected group members in order of seniority. They always have a surplus of takers, usually leaving a few disgruntled to wait for the next "Layoff".

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Post ID: @105MH3Va-arqr

If I had a dollar for everytime a union troll said in a layoff post "we can't be laid off it in our contract" I would be a millionaire. So an EISP is not a layoff.

Take it to the union board.

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Post ID: @105MH3Va-9ffi

Neg. Just told 4th quarter

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Post ID: @105MH3Va-9hes

Any idea what month?

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Post ID: @105MH3Va-9qdf

EISP to be offered 4th quarter

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Post ID: @105MH3Va-7fop

FYI- An EISP is related to a LAYOFF. Shedding jobs via packages reduces the odds of a layoff. The company needs to offer 3 packages (normal or enhanced) to keep the layoff option open at the end of the year.

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Post ID: @105MH3Va-7ysg

Take your EISP discussion to the union board. This is a layoff board.

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Post ID: @105MH3Va-6pgx

No wishing is needed as the offers are contractual. There will certainly be another EISP and very likely more than one before contract end. The subject of discussion is when?

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Post ID: @105MH3Va-5wlt

Whats a "shine box"? Is that the box where union members drop in their EISP wish card?

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Post ID: @105MH3Va-5pkb

Is life so boring for some of you that you have to post negative statements here to get entertainment or does it make you feel better about yourself?

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Post ID: @105MH3Va-5ejr

3lrl....Verizon paid for my MBA. I think I have surpassed a one syllable word 😉

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Post ID: @105MH3Va-3iex
  • 3lrl yes but at least we can spell Swedish properly.
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Post ID: @105MH3Va-3yoi

Yes go ahead and call Hans and beg for your entitled handout in Sweedish! But union people can barely form single syllable words so speaking a second language is impossible.

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Post ID: @105MH3Va-3lrl

your wife says that to everybody

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Post ID: @105MH3Va-3qcq

Will someone just call Hans please?

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Post ID: @105MH3Va-2ayu

My wife says I have a nice package

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Post ID: @105MH3Va-2zlq

Do you have proof??

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Post ID: @105MH3Va-1txn

Eisp is coming in oct, nice package

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Post ID: @105MH3Va-1xif

Captain Obvious here , when they " 1st get rid of the "old union people " who are the majority of the union work force " then the young pups will have to fend for themselves . They will then learn how to fight like the "old union people" did and either sink or swim. Unfortunately NOTHING IS WON without a fight.

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Post ID: @105MH3Va-1xtv

It isn't game over for anyone who did the right thing.
Most I know are just padding their accounts. In response to the naysayers that say "if you are so wealthy why not leave now? " my response is it would be foolish to turn down another five to six hundred grand of wages plus whatever extra OT and K-plan match that will come during the contract. As far as medical goes I have plenty to cover my needs till Medicare eligibility. I also doubt there is much warranted concern about coverage in retirement but agree one would be foolish to not account for its possibility. If it where to be dropped how would one be any worse of than the non represented? Even one year of coverage is more than they get, let alone years on end. In response to the person stating retirees in the past got guaranteed for life benefits that has not been the case since I believe the group that left in 1991, so ever since then it has been an ongoing battle.

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Post ID: @105MH3Va-1bqv

@1nfx : I am one of those old union guys and I wouldn’t say game over , but I agree about newbies not giving a sh– about striking for sh– they don’t have . The company knows that too . And medical is only good till the next contract negotiations . Previously guys got medical for life .

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Post ID: @105MH3Va-1hwr

Hmm, how do we get rid of this boat anchor that keeps dragging down earnings?

https://m.nasdaq.com/article/wireline-revenue-woes-to-hurt-verizons-vz-q1-earnings-cm1132607

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Post ID: @105MH3Va-1qun

Being serious here..telecom landlines are finished. FIOS is done. They will drop off wireless hubs and offer access to consumers. Wake up people...

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Post ID: @105MH3Va-1peg

Next is the sale or wireline.

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Post ID: @105MH3Va-1wjz

Game over because the newbies do not have the same benefits as the "old union people ". When the company decides at some point to say take medical away from retirees, do you think the newbies will vote to strike for benefits they themselves don't or won't get.

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Post ID: @105MH3Va-1nfx

How is it game over? We’ve already made our money. The only thing that would still tie is to the company would be medical insurance. The newer union people are not going to do anything to hurt retiree medical as they will be retired one day. There is a lot of jealousy and anger from people who are not union. If the eisp doesn’t affect you, why comment? You’ve made your bed, now sleep in it.

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Post ID: @105MH3Va-1gtu

No SH*T Captain Obvious. But for that to happen, they must 1st get rid of the "old union people " who are the majority of the union work force. Once that happens and the newbies with no pensions are the majority its game over for the union.

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Post ID: @105MH3Va-1ctp

The union is set through 2023. There will also a one percent pension increase every year. Stay and make money or go sooner with an EISP and make money , the only ones that lose are the whinners.

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Post ID: @105MH3Va-1zhc

The union will not get any offer. The newer union people will settle for less than union is used to and sell the old union people down the drain

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Post ID: @105MH3Va-1yht

Wireless will be online sales....more management rifs to come. If they want to get union people off of the payroll, they WILL offer an eisp. Just a matter of time.

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Post ID: @105MH3Va-1lnj

No money for Union. You guys made all that overtime. Question why are so many repairs sent to cable when no one has a copper line anymore?
You guys will go when AOL buys wireline

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Post ID: @105MH3Va-1rwd

Rumor in NY, management buyout offer was completed in June. Next buyout will be for landline workers. We hear it’s a good offer to get us off the payroll. Let’s hope

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Post ID: @105MH3Va-1tes

https://www.youtube.com/watch?v=SYNXilGz2Hc&list=PLkLimRXN6NKzAGtxeCQgKAfB7lHLDEdjJ

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Post ID: @105MH3Va-1jtu

Newest rumor get rid of up to 20,000 by years end and merge with Disney. They keep getting better.

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Post ID: @105MH3Va-cmq

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