Thread regarding Verizon Communications Inc. layoffs

RSU payout info

The payout date is 3/20/20. Full-time employees that were originally issued 50 RSUs will receive a payout of $1,621.51 (27.28 RSUs X $59.44). As with the 1/31/19 vesting, this payout is also subject to applicable withholding.

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Post ID: @OP+13nrsnZK

6 replies (most recent on top)

The RSU did not arrive in my account, are they mailing checks to former employees??

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Post ID: @Hxxa+13nrsnZK

I had direct deposit when I worked at VZW but took early retirement last March. I had direct deposit. Will my funds be sent direct deposit or are they mailing checks to everyone that is no longer with the company?

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Post ID: @9ikd+13nrsnZK

They’re being sued and will loose. Shady company.

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Post ID: @1hkp+13nrsnZK

@ycy+13nrsnZK: True that VZ isn’t a growth stock, but look at it like you got it at zero and it went to $59. It’s a gift.

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Post ID: @wrd+13nrsnZK

Yep. It was silly trying to put on an act to show that they were passing the benefit to employees. However money is money. I am not complaining

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Post ID: @ncy+13nrsnZK

I’ll take the money, but this whole thing was a joke, VZ is not a growth stock, so there was very little chance of this actually making you a decent amount of money. It was all smoke and mirrors for you to forget they recently got a giant tax cut that your kids and grand kids will be paying for.

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Post ID: @ycy+13nrsnZK

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