Thread regarding Verizon Communications Inc. layoffs

Layoffs for SS?

I keep seeing the bottom 15% or 20% of reps will be let go, but is this for district? Region? and based off what time period? does anybody know?

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Post ID: @OP+MEVVoET

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I don't know if they will take tenure into account. Personally was a 200% to quota in my first month, guaranteed was never gonna cut it for me. Now, I have been laid off before by Verizon when they closed my store overnight and sold it to an indirect. The store wasn't even bottom 20% and had 3 out of the top 5 performers in the district. We got canned regardless and were told to find other jobs within the company or gtfo.

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Post ID: @1fxp+MEVVoET

Depending on geography and how far apart your stores are will be how it is based. If you don't have a store within 30+ miles it will be based off the bottom performers in your store. Otherwise in markets where there are a bunch of stores they will eliminate the bottom 20% and then move people around. In theory a whole stores staff can be let go and they'll bring in people from other stores. Keep in mind a large reason they'll eliminate RSS is some managers will be allowed to step down and you have to make room for them.

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Post ID: @trl+MEVVoET

Severance is two weeks for every year of service.

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Post ID: @yhx+MEVVoET

Not as good as November's.....they just updated it April 1st. So nice of them

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Post ID: @fzr+MEVVoET

Any idea what our severance is going to look like?

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Post ID: @vou+MEVVoET

I'm 6 months in. How about that tho

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Post ID: @rjh+MEVVoET

So if we have 11 reps 2 will be let go?

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Post ID: @lfa+MEVVoET

I think it's the bottom 20% of stores from what I've heard.

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Post ID: @mcf+MEVVoET

This, I'm towards the bottom but I'm only 4 months into it

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Post ID: @ire+MEVVoET

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