Thread regarding Verizon Communications Inc. layoffs

VSP will be announced in June

Manager canvasing for interested people. It’s all in the deets.

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Post ID: @OP+1sHj1v14

39 replies (most recent on top)

value excluded

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Post ID: @askz+1sHj1v14

Is the Verizon Value Organization going to be affected at any point?

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Post ID: @aexq+1sHj1v14

It came out today.

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Post ID: @ajkk+1sHj1v14

Yes, 2018 was 60 weeks pay, STI and 60 weeks medical. I also am hearing lower payout this time, but hadn't heard a specific number.

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Post ID: @5qfh+1sHj1v14

Heard 3 weekd per year of service, capped at 45. It was 60 weeks in 2018.

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Post ID: @4lde+1sHj1v14

Has anyone heard from a reliable source how many weeks it will be?

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Post ID: @4bzg+1sHj1v14

If true, probably going for 35 weeks.

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Post ID: @4kok+1sHj1v14

I remember 60 weeks and STI, medical for the 60 weeks

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Post ID: @4ovb+1sHj1v14

Anyone remember what the cap in 2018 was?

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Post ID: @4xkc+1sHj1v14

My boss confirmed it's coming next week. From what he's heard, the # weeks cap is going to be a lot lower than 2018 though.

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Post ID: @4egv+1sHj1v14

Confirmed. It's coming.

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Post ID: @4vop+1sHj1v14

Fake News!! Get back to work!!

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Post ID: @4gpt+1sHj1v14

Only sure things in life are death, taxes, and VSP posts on this site

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Post ID: @4klz+1sHj1v14

If true, add a stipulation that you cannot come back even as a contractor. Too many took the previous package, only to come back basically doing the job they left.

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Post ID: @4box+1sHj1v14

June 4 confirmed with 3 waves of roll off. Sep, Dec, mar. Though I am not sure many will be lucky to get March

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Post ID: @4bwm+1sHj1v14

That is not how VSP works. They send an email or a package to targeted/eligible employees to try to entice a certain group to leave. In a rif, they want to lose x amount of people and those people are usually chosen by managers or HR. People may volunteer but that doesn’t mean they will get it. VSP targets a certain group of people. RIF targets a certain number of people.

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Post ID: @4tpq+1sHj1v14

Maybe this time it is true. No WARN notice issued so no large scale layoff. A WARN notice is Not needed for Voluntary Separation. Let’s see what happens next week, a lot of talk.

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Post ID: @4ent+1sHj1v14

Every other month for the past 5 years someone posts that VSP Is Coming

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Post ID: @3xvt+1sHj1v14

Manager could be canvassing to see what they are left with after VSP. Planning ahead.

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Post ID: @3izb+1sHj1v14

VSP = Voluntary.... you don't canvas to see who will take a voluntary package.

TOTAL SCAM HERE!

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Post ID: @3qkz+1sHj1v14

Rightshoring and rightsourcing are the often repeated phrases these days.

They don’t care if you RTO or not when you are next on their hit list.

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Post ID: @3jee+1sHj1v14

The RTO for hybrid employees is the VSP don’t show up 8 days a month you get promoted to customer. Knock off Nikes playbook is very easy to figure out. Why is the new buzzword “global talent pool” wake up fools. This better not get deleted because facts do not care about feelings.

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Post ID: @2nqz+1sHj1v14

Don't say that. All the union terds plaguing this site will cry again like they did in 2018. No EISP for you! Boo hoo!

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Post ID: @2wml+1sHj1v14

No VSP. This company does everything but what works.

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Post ID: @1hry+1sHj1v14

I also heard VSP announced in June, off payroll in August. I'm skeptical but there is definitely chatter.

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Post ID: @1zwg+1sHj1v14

Has anything said on this site ever came true? Lmao

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Post ID: @1vop+1sHj1v14

Very
Significant
Progress

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Post ID: @1pjz+1sHj1v14

Its probably some directors idea of how to do
LevelUp in their group. If uou don’t bleed VZ red they aren’t gonna bother with trying to help advance you.

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Post ID: @1pbo+1sHj1v14

Fake News!!!

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Post ID: @1lwu+1sHj1v14

Love the wishful thinking.

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Post ID: @sbh+1sHj1v14

If it's a VSP, why do managers have to canvas? Last time, if you were elig to volunteer, you just went to a website and pushed a button.

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Post ID: @tfh+1sHj1v14

Is AGILE practise not RIF!

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Post ID: @cws+1sHj1v14

Be surprised if they offer VSP. They are asking for the usual RIF volunteers.

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Post ID: @lsj+1sHj1v14

Confirmed. Will be announced June 4.

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Post ID: @fth+1sHj1v14

Heard this also, VSP ready to be rolled out in next few weeks.

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Post ID: @fxt+1sHj1v14

keep dreaming VSP, It's not going to happen

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Post ID: @yue+1sHj1v14

That would be very smart of VZ to offer VSP.

Do you know if it will be offered to VGS?

Thanks!

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Post ID: @yii+1sHj1v14

I’m ready!

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Post ID: @gem+1sHj1v14

Buckle up!

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Post ID: @nej+1sHj1v14

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