Thread regarding Verizon Communications Inc. layoffs

When will layoffs start?

It's only a matter of time, now. They have to make up for the losses somehow.

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Post ID: @OP+141vML1H

14 replies (most recent on top)

Any impact to H1Bs ?

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Post ID: @3lax+141vML1H

You mean when will they stop
Laying off Americans.

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Post ID: @3lah+141vML1H

Jobs are on hold because the entire HR team are working to ensure all employee's are safe. Not any mention on layoffs anywhere!

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Post ID: @2ylg+141vML1H

What about a no furloughed clause? Throw that on the table in 2023 along with the kitchen sink.

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Post ID: @2opp+141vML1H

Not worried about being layed off - more worried about being furloughed. Then we have to rely on the govt - that scares me the most.

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Post ID: @2eqj+141vML1H

1vyp+141vML1H What a bunch of c-ap. HR doesn't make the decision to have a RIF.

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Post ID: @1kqe+141vML1H

HR meeting today, first wave will come by end of this month.

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Post ID: @1vyp+141vML1H

Congratulations on your no layoff clause. You must be a really happy, hard working employee.

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Post ID: @1zgy+141vML1H

I have a no layoff clause in my contract, so layoffs won’t start for me.

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Post ID: @bic+141vML1H

"Although not at the moment" - the moment is the next 9 months

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Post ID: @oib+141vML1H

If you've had your 100% of your 401k in verizon stock for the past 15 years instead of a diversified 401k, you've missed out on some substantial growth. Although not at the moment, but things always rebound. Peaks and valleys. Peaks and valleys

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Post ID: @nog+141vML1H

Diversified 401k : -27% ytd
Vz stock : ytd -11%

Be careful how you invest, do you really want a financial advisor (who u pay 1%) to get you in the big red?

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Post ID: @ueg+141vML1H

Jobs on hold = layoffs to come

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Post ID: @pkp+141vML1H

I'm asking about COVID-19 related layoffs if that wasn't clear.

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Post ID: @tmk+141vML1H

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