Thread regarding Verizon Communications Inc. layoffs

Some Verizon IT departments that are cutting employees are hiring contractors

Verizon does an employee dump of dedicated, loyal United States Verizon management employees working 47 - 70 hour work weeks do to constant downsizing. Verizon employees in a no win situation. Some Verizon IT departments that are cutting employees are hiring contractors at the same time for new technologies. In with the new and out with the old????

Some Verizon employees were retained and offered a separation package. Other US therefore, catch 99 to get a pay check work like a Dog/continue relentless hours and at the same time learn new technology while working a ton of hours.

c. By accepting this offer, employees lose vacation, less 401K match, no tuition assistance. Max vacation cap at Verizon 5 weeks. InfoSys 3 weeks. United State Verizon employees pay differences and benefits will lose $300K+ over a ten year period. No one knows the cost of Info Sys health care once becoming an Info Sys employee that number could grow.

d. By accepting this offer, it is only for maintenance & development which is supposed to slack off over time. New development and technology is staying in Verizon. Basically these jobs will be fazed out... leaving many in an undesirable position again.

Last Option - Verizon employees not accepting the InfoSys offer or retiring will be terminated and unable to collect unemployment

by Anonymous
| 2136 views | | 6 replies (last ) | Reply
Post ID: @OP+VCJOQAa
Comment! It's anonymous!

6 replies (most recent on top)

@1aqv We got it. You have the brain of a badger

by Anonymous
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Post ID: @1wny+VCJOQAa

@1nva, I am a badger, a short-legged omnivore in the family Mustelidae. We are otters, polecats, weasels, wolverines...

I find it insulting you labeling yourself a rebadger!

by Anonymous
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Post ID: @1aqv+VCJOQAa

I am a rebadger and my team is hiring a contractor. No idea if this position was okayed before the announcement since we were perennially short handed. But the manager asked me to interview candidates after the announcement. I found that insulting

by Anonymous
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Post ID: @1nva+VCJOQAa

I'm impacted by the so-called re-badging. When this was first announced, the forced option was to resign from vz and accept infy offer or be terminated with nothing. Vz was holding our 2018 STI hostage. Luckily, with enough pressure, they caved and are now offering employees selected for re-badging 2 years at infy or VSP. There are open positions at vz but as an infy targeted person I am prevented from applying. In fact, some applicants that were in the process of second interviews had their applications nullified. It seems unfair to hire contractors and oust employees but we are just heads with dollar signs. Even if I were allowed to apply for another position at vz, my spouse says I would be crazy to even contemplate it. I'm taking the money and running.

by Anonymous
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Post ID: @xcu+VCJOQAa

You forgot to mention that not taking the Infosys offer means you can take the severance, which is no small potatoes. Don't over dramatize the situation. Cut-backs are a fact of life in any company.

by DMB_FL
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Post ID: @ksx+VCJOQAa

seems like there are a couple of different topics here and I don't know where you cut/pasted from that you lost options A & B. But as to the title of the post, companies will always hire contractors when they need them. They can can satify requirements for specialized skills and/or short term needs this way without having to pay market rates or benefits. This isn't unique to Vz.

by Anonymous
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Post ID: @wqr+VCJOQAa

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