Thread regarding Verizon Communications Inc. layoffs

Any May RIF rumblings?

On Verizon Wireless page here at thelayoff.com, I see a poster a few weeks ago referencing a May 25 RIF but little detail and no others confirmed. So I’d thought I’d throw this out there to see if anyone had heard anything that was from a reliablish source regarding anything.

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Post ID: @OP+1mzHeQZ4

13 replies (most recent on top)

Yes..hearing tomorrow (Wed 5/24/2023) people will begin to be notified. You'll know when your system access no longer works. Sorry to hear this...

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Post ID: @clxo+1mzHeQZ4

Nobody should be surprised, there's RIF's every quarter, it's what VZ does. Hoping all who are seeking them get fantastic buyouts.

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Post ID: @1hle+1mzHeQZ4

The notion of asking for volunteers means they ask the old-timers if they are ready to retire.....

And yes, they can/will spread it across days or even weeks to manage the notification process between mgt, employee, and HR. You could have some groups on Wed, others on Thur.

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Post ID: @1lmf+1mzHeQZ4

They can’t touch GNT.

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Post ID: @1hzn+1mzHeQZ4

Is no RIF

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Post ID: @1lpi+1mzHeQZ4

Confirmed by management in our team, notification 05/23 or 05/24 and off the book by end of June. The other difference with this round of RIF’s, volunteers weren’t being accepted. So only time will tell what is coming. But one thing for sure, don’t want to be around after the fact.

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Post ID: @1jjj+1mzHeQZ4

Why would notifications go out on May 24th(Wednesday) when they have always gone out on Thursday in the past? Have they they ever gone out on a Wednesday?

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Post ID: @1eby+1mzHeQZ4

GTS?

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Post ID: @1psz+1mzHeQZ4

What about GNT?

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Post ID: @1pim+1mzHeQZ4

Agree on VGS , lots of redundancy. They have several finance groups that need consolidation, and the field ops teams in retail channel really do no heavy lifting, all that work is done by the outsource company after we put in work requests.

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Post ID: @1acu+1mzHeQZ4

IMO... VGS (since it was called out) will see some reductions in the name of 'efficiency'. It already had reductions last year, but VGS has a ways to go. Same goes for all other areas - VCG, VBG, etc...

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Post ID: @1gge+1mzHeQZ4

RIF notifications go out to people on 5/24 to be off the payroll end of June. there will by many groups including the new global services group celebrating the half year together by making cuts to their ranks.
will be a day to call out for me as I dont need no bad news

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Post ID: @hjx+1mzHeQZ4

Given the current state of the economy, I have said what I will say to every employee we were all pay cycle to pay cycle. given the current state of the economy, I have said what I will say to every employee we were all pay cycle to pay cycle

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Post ID: @jzr+1mzHeQZ4

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