Thread regarding Verizon Communications Inc. layoffs

VSP, RIF and standard vs. enhanced package

  • If you were eligible for VSP and declined to volunteer and are later RIFd (whether before end of March or not), you get the standard package.
  • If you were not eligible for the VSP and you are RIFd before end of March, you get the enhanced package.
  • If you were eligible and volunteer but are rejected, but then RIFd before end March, you get the enhanced package.

This settles it. Putting it up for visibility. Source: @ybs+1tsNYH7j

by
| 1356 views | | 6 replies (last ) | Reply
Post ID: @OP+1ttmHzYA

6 replies (most recent on top)

Reading is not requirement for employment in Verizon, but others do

by
| | Reply
Post ID: @1dtt+1ttmHzYA

OP is 100% correct. RTFM people. It's VERY clear and HR is sending out documentation reiterating what he said in the original post.

by
| | Reply
Post ID: @1ial+1ttmHzYA

This is absolutely correct. Obviously reading comprehension is not the forte of many Vz employees. Go back and read the documentation people.

by
| | Reply
Post ID: @1fml+1ttmHzYA

There will be a RIF post VSP. Sam’s email was clear about this. If you are an employee not coming back to the office, on any type of PIP or even a warning, giving your boss any static in any way you will be RIFed. The goal is 20-25% of all employees offered with highest in my IT group. Ask your director point blank if they were asked to do a rank and stack or if they were asked to name critical roles that Vz could not live without to keep the lights on.
Gents we are going private or a sale is a ‘comin!
Private equity to take a slice of our upcoming debt negotiations and this is their contingency before agreeing!!! Lean y mean!

by
| | Reply
Post ID: @1tyw+1ttmHzYA

“ Two Out of Three Ain’t Bad”

not just a song by meatloaf anymore.

by
| | Reply
Post ID: @1kxt+1ttmHzYA

Spreading false information,
Need intelligent poster here to contribute to this board

by
| | Reply
Post ID: @1rbb+1ttmHzYA

Post a reply

: