Thread regarding Verizon Communications Inc. layoffs

What's the latest on more layoffs?

Should I be happy that most of the layoffs talk has died down? Does that mean we are safe for now?

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Post ID: @OP+10orV4aN

11 replies (most recent on top)

Goal : Cut 10 Billion dollars by 2021.
Current Rate Cut : 4 Billion.
Remaining Rate/Time to Reach Goal: 6 Billion / 16 months left.

Will there be more layoffs? What do you think?

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Post ID: @8npj+10orV4aN

Why is it always could of, would of, should of with the union trolls? Worthless advice.

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Post ID: @2dwv+10orV4aN

Any rumors about reducing the 35 week severance plan?

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Post ID: @2hjm+10orV4aN

ID: @10orV4aN-1tce

If you went Union you’d have 12 and better bennies 😉

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Post ID: @2uvf+10orV4aN

It's all speculation. My center is launching new projects and hiring new people. 5G will demand support for our customers. I navigate to this website less and less.

Sometimes it takes stepping away for a while to realize the bulk of these forums are pro union, and incentived by the unions to fear monger.

Just do your job and you are fine. Worst case scenario is unemployment. If I went union, I wouldn't be enjoying the 8 week paid parental bonding that I currently have.

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Post ID: @1tce+10orV4aN

You will have jobs forever, no cause for panic.

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Post ID: @1uwv+10orV4aN

RIFs will resume in 1Q 2020 in order to make the $10B expense savings target by 2021. They have already pulled every possible non labor savings levers.

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Post ID: @qdx+10orV4aN

We’re good for another 2 years.

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Post ID: @her+10orV4aN

My dept has a few automation projects that were recently given deadlines of Aug 31st...and they are pushing hard for no apparent reason.

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Post ID: @xxj+10orV4aN

You can be happy for a couple more months, and the hammer will most probably falling in October.

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Post ID: @vgo+10orV4aN

Or, alternatively, is this just the calm before the storm?

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Post ID: @nev+10orV4aN

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