Thread regarding Verizon Communications Inc. layoffs

Manager told me they were talking about a rif

I was mgmnt and left two months ago. I asked to be on the rif list last year but nothing happened. Manager told me they were talking about a rif this April. I told him bye bye because I would lose more money watching the Gatt (interest) rate climb over the next 6 months then a standard rif for mgmnt could replace. There is no reason why mgmnt people can't have a standard rif pkg available any time to leave. I saw incompetent people leave for years getting at least 35 weeks of salary and 6 months of health care coverage.

He was shocked that I was leaving. 29 years working for this company and the last 15 pure Hell. Every person that left before me was never replaced and all the work was dumped on the people that remained. I told him the only reason I stayed this long was paying for my daughter's college.

If you have worked a lot of years and you are in your late fifties or sixties , you should be talking to good financial people to assess your financial position . Leave this $hit outfit and enjoy your life.

Re-post from: @MXbQUv2-gnb

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Post ID: @OP+MYL4nvN

11 replies (most recent on top)

Don't wait too long if you have a pension. The GATT interest rate is climbing and your lump sum will decline also. Leave them high and dry like they would do to you in a second. I hate these people for taking away the culture of Telephone service to the masses. We were proud of our efforts. Offices that had 25 employees now have 3. No more lunches, retirement parties,anniversaries or birthdays.No comradery left. Don't let the door hit you in the A $$ on the way out !

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Post ID: @8ieb+MYL4nvN

Excellent post, and I agree also seeing the same thing from my engineering position. I am now a "short timer" and will retire soon, offer or not. Good luck to everyone and sympathies to those that will dry on the vine.

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Post ID: @7upt+MYL4nvN

The trouble is with this company that there are not enough real men that can stand up and push back against these tactics. I was the only outspoken person that challenged these actions ! The rest of them had their ball$ ascend back where they originally came from. I told more then a few if we stand together they have to change. This is the reason I no longer work for this chicken $hit company ! Nothing but gutless cowards !

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Post ID: @3rva+MYL4nvN

OMG The dumping of the work as others were Rifed and not even sorry - just here - have so and so's work sometimes the day of the Rif like carving up a rotting Thanksgiving Turkey carcass and shoving the pieces into the already full hands of shell shocked survivors and folks from other lands who have mysteriously appeared. Best wishes to the nice people caught up in it all, no words for the rest.

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Post ID: @2yzx+MYL4nvN

"I looked across the table at Directors who were making 150-200k"

At least in IT that figure is very wrong, Directors make much much more

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Post ID: @2aia+MYL4nvN

I agree 100%. The bean counters control everything. We limit ourselves by their stupidity. We were a great company to work for but McDonald changed all that. Now the competition eats our lunch.

It won't change till he leaves.

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Post ID: @2xwb+MYL4nvN

Second level sellouts ?! Bingo ! Truer words have NEVER been spoken !

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Post ID: @1odr+MYL4nvN

I work in an engineering group and this exact same scenario has taken place . Fifteen years ago there were five times the amount of engineers as today . No replacements and the temerity of these ba$tards to hold us responsible for outrageous expectations ! People just can't leave anytime because of financial/medical obligations and these so called leaders know that ! The original poster is right .Always know where you stand with your finances . I looked across the table at Directors who were making 150-200k and they didn't give a crap how many hours we had to work to get things done. Give you the same canned answer of it is what it is . This company deserves to be crushed but the problem is so many good people would get caught up in the wave. A complete regime change and flushing of management right down and including second level sellouts. I was always proud of the work I was doing bringing world class fiber service to society over the last 15 years . Who runs a company and rifs the under achievers and doesn't replace them with good people? A company run by bean counters that's who ! If your run by accountants your doomed . Engineers run great companies with a vision for the future not the end game of the golden parachute for a select few when the time is right to jump out of the burning plane. Give them what they deserve !

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Post ID: @1wud+MYL4nvN

Rif'd Dec.2015. I agree with you 100%

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Post ID: @1dor+MYL4nvN

amen 35 years and that is exactly what i did

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Post ID: @kkg+MYL4nvN

I concur.

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Post ID: @vbp+MYL4nvN

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