Thread regarding Verizon Communications Inc. layoffs

PACKAGE TO BE OFFERED SEPTEMBER CONFIRMED!

A package with incentives will be offered this September to all CWA/IBEW Staff with an off dates staggard until the end of December.

Areas and positions that are declared surplus will have a specific number of off-payroll staff permitted to leave.

Geographic Areas that not declared surplus will still have a limited offering.

CWA/IBEW has been assured that essential positions vacated by senior staff will be filled through SPV's first then new hires.

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Post ID: @OP+10xyoEhn

106 replies (most recent on top)

package was offered to select titles and the payout was no big deal, $10,000 and $2,300 per year, the rumored package didn't happen and even this small one is not for everybody, vz trying to get rid of people with no payout as they sent mail to those pension eligible that if you are not off the books by Dec 9 you will not be receiving your pension on a lump some going forward

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Post ID: @1qhlk+10xyoEhn

It’s now confirmed package in November

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Post ID: @1mcub+10xyoEhn

we still waiting on this package?

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Post ID: @1mexb+10xyoEhn

It is confirmed. Company informed union verbally. Written confirmation by last week in October. Paperwork to be sent out first week of November.

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Post ID: @Npyg+10xyoEhn

so what happened to this CONFIRMED September package? lol

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Post ID: @Ngvk+10xyoEhn

Perhaps you haters didn’t hear....company informed the union verbally in September about an upcoming eisp. They will present it to the union in writing by the end of October. Company will start mailing packages to employees the first week of November. FACE!!

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Post ID: @Myty+10xyoEhn

Uh oh , Happy learned to put. Give me my money I’m going home.

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Post ID: @Momh+10xyoEhn

Uh oh, its October and zippo. 15,000 views and 99 meaningless replies for nothing.

Back to your holes and poles minions. Shows over.

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Post ID: @Maav+10xyoEhn

Personally, I’m not feeling great about this one.
Any rumors of an October offer?

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Post ID: @Mzgq+10xyoEhn

It’s not looking good. My fingers still crossed 🤞🏽

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Post ID: @Fuwr+10xyoEhn

My offer came in the mail today. Very generous. Check your mailbox.

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Post ID: @nrhg+10xyoEhn

It's September.....but I did hear this may be true

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Post ID: @noon+10xyoEhn

Brockton line is sending temps to line school. Double pole crew. I'm in garage. And. We have eight left to send. They then ride as helper when back from school

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Post ID: @9tma+10xyoEhn

Holding...
Breath

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Post ID: @7ypt+10xyoEhn

@5kir The package being discussed here applies only the bargained for associates in the U.S. International is not even covered under the Management Severance Plan.

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Post ID: @5lmf+10xyoEhn

How about Verizon India..

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Post ID: @5kir+10xyoEhn

It would be great to see a new generation come in.

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Post ID: @5oxz+10xyoEhn

Why blame the Locals so quick?I know a scab when I hear one.

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Post ID: @4kqr+10xyoEhn

If a offer is coming, and being hashed out, news usually starts from a leak from those involved and will not be advertised as its a liability to company structure. The rumors are strong, investment firms have pushed for future business with potential retirees, which is a good sign, without elaborating of any said offers coming, again, they are liable to speak on behalf of a company making any such future offers. So you read between the lines and hope for the best. All logical signs point to a offer, from wall street to investment firms to what appears to be less work in summer than usual. Locals will not confirm until company makes a plan to actually present it. Anything can change like the wind, at any given moment, including potential offers (pull back or push ahead). Just wish for the best if your looking to go. Rumors look good, info has some structure...but realistically, you know it will happen when it does.

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Post ID: @4rnr+10xyoEhn

Saturday, Saturday, Saturday
Saturday, Saturday, Saturday
Saturday, Saturday,
Saturday night's alright

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Post ID: @4qki+10xyoEhn

why are the locals keeping this from us? maybe we should keep dues from them. there supposed to be in our best interest but far from it. pittyful unions.

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Post ID: @3ajq+10xyoEhn

More fake announcements - and the hysteria that follows is ridiculous. Stop spreading rumors, wait til there is an offer before you start criticizing the locals.... because right now you’re blaming them for not giving details of a package that may not even exist!

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Post ID: @3oqp+10xyoEhn

They started sending the temp line to line school. That’s a sign

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Post ID: @3lky+10xyoEhn

previous post, and then you woke up.

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Post ID: @3fud+10xyoEhn

Details 90% of the footprint will be surplus giving those areas the EISP.

No new hires in Installation repair or CO's

New hires in CXM Line only.

SPV's to backfill critical CO positions—Power group etc.

Final Off Date Thursday, December 19

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Post ID: @3yvb+10xyoEhn

Why wouldn’t the local put it out? I think it is ludacris how negitive people think of their locals . People posting the stupidness must be people who are do nothing’s in their Union . Not everything is a scheme or plot. I’m positive if and when the locals know we will all know .

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Post ID: @3iaa+10xyoEhn

I wish I knew yesterday. Want to go.

Now it’s clear that 2 tier unionism is a mistake right?

Our benefits as retirees are bargained for. Will people strike to preserve benefits they themselves don’t have, and probably will not ever gain?

We’re going to find out.

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Post ID: @3bax+10xyoEhn

This Union buyout will be the last of 2019 10 Billion cuts they promised Wall Street it all makes absolute sense.

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Post ID: @2chy+10xyoEhn

Verizon saved 2.3 billion with management cuts. also been closing stores left and right. still need to cut for the 10 bill. but there getting close.

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Post ID: @2kps+10xyoEhn

2pei Good point. They have save $4B to date and have pulled every lever possible except the labor unions.

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Post ID: @2chx+10xyoEhn

Thats it! I'm calling local 1102 then using a T Mobile phone! That will show them!

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Post ID: @2nub+10xyoEhn

Local 1101 knows nothing of any news being posted.

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Post ID: @2imt+10xyoEhn

Verizon told Wall Street in April they would be saving 10 Billion by end of 2019 so this has to be it because all they did was dump tumbler for peanuts. No where near the 10 Billion. Reducing payroll hits that number perfectly. This is real.

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Post ID: @2pei+10xyoEhn

This is crazy someone has to have a definitive answer, we pay these lackeys to keep us in the dark. They must be on a bernie brealine phone bank

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Post ID: @2gkh+10xyoEhn

Handout your A–. If you worked for a living like us you would understand! This board use to be real until people like you started posting nonsense.

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Post ID: @2jwx+10xyoEhn

The Locals have it today call them a press..... they’re working on an announcement plan for next week.... but they have the info

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Post ID: @2upq+10xyoEhn

Well if 1103 doesn't know call 1104 and 1105. Just keep on going down the line through all the 1100's until handout confirmation is confirmed!

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Post ID: @2rib+10xyoEhn

Whoever wrote local 1103 has an updated tape may have hallucinated that. It’s from July

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Post ID: @2afr+10xyoEhn

I just called local 1103 as post said and they said they didn’t hear anything about an eisp.

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Post ID: @2ems+10xyoEhn

I was hoping this was true, but I called my local and they know nothing about an eisp.

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Post ID: @2bat+10xyoEhn

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