It is who is making the list and who 'they' want to keep around....otherwise known as the good ole boy/girl network. Have you not been thru rif's before?
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Typically, anyone one any type of corrective action will be first on the cut list. This includes attendance, performance, and conduct. Next they move on to performance evaluations in VZTalent. This is when they are considering who to lay off in a job code.
Stack-ranked, and I am assuming tenure along with some sort of performance scorecard will be taken into consideration. Bottom 15% are supposed to be let go.