Thread regarding Verizon Communications Inc. layoffs

Severance Packages Cut?

I've been hearing a lot about severances being smaller than normal (example 1 week per year vs standard 2 weeks per year). Anybody hear more on this?


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Post ID: @OP+1kxem5q73

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The current severance information is available on VZWeb to anyone who wants to view it. It has not changed.

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Post ID: @de+1kxem5q73

@aa A lawsuit would be meritless because severance isn't mandated by state or federal law except under very limited circumstances. Verizon has been very generous with their severance, but there is nothing preventing them from changing the policy to reduce or eliminate it. Do I think they will? No.

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Post ID: @at+1kxem5q73

@OP you didn't hear anything.

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Post ID: @aj+1kxem5q73

They’ll have lawsuits on their hands. That’s for sure

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Post ID: @aa+1kxem5q73

This is happening

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Post ID: @a8+1kxem5q73

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