Thread regarding Verizon Communications Inc. layoffs

Finance is hit the hardest with RIFs

Here we go again with RIFs mostly in Finance. Get those resumes updated and good luck

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Post ID: @OP+1uqj26sy

12 replies (most recent on top)

Finance was offered vsp. Sounds like they didn’t get the number they wanted and there are many groups who are leader heavy

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Post ID: @2maf+1uqj26sy

scotty deloachy, here we go!

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Post ID: @1exx+1uqj26sy

Notification 9/26. Off the payroll late October. There will be more before year end. Not a baseless rumor.

@yoc+1uqj26sy you also get the enhanced package if you were not eligible for the VSP

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Post ID: @xxg+1uqj26sy

Not surprised. I used to be in Finance. We were always asked to lead by example when it came to lowest expenses. Quite the disparity with the rest of the business who spent like drunken sailors.

Glad to be out of the group.

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Post ID: @sus+1uqj26sy

And the official answer is NO. If you get riffed and did NOT click the VSP button, you do NOT get the enhanced package. That was well documented before the final click date. You get the standard rif package. If you clicked VSP and got DENIED, then yes, you get the bigger package.

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Post ID: @yoc+1uqj26sy

Basking Ridge FP&A cleanup time. Get those massive PowerPoint’s wrapped up.

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Post ID: @oag+1uqj26sy

Call center representatives are gonna start getting rif’d.

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Post ID: @cyb+1uqj26sy

RIF coming for numerous departments with notifications for 9/26 but no word on off the books date.

Only question is do they get the enhanced VSP package?

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Post ID: @gdx+1uqj26sy

fake post , baseless rumor

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Post ID: @uqe+1uqj26sy

Which Finance group?

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Post ID: @rsy+1uqj26sy

Not this week. Last week of the month.

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Post ID: @uit+1uqj26sy

Notifications definitely coming this week. I doubt Finance is the only area.

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Post ID: @jbp+1uqj26sy

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