Thread regarding Verizon Communications Inc. layoffs

Voluntary Seperation Program Changes Coming Monday.

I heard today from a very reliable source that Hans will be announcing the following on the Monday webcast:

1.) 60 week cap is being lifted to get more volunteers. So it will be a true 3 weeks pay for every year of service.

2.) Verizon will be announcing that they are selling off a major business unit.

by
| 16010 views | | 94 replies (last ) | Reply
Post ID: @OP+VXR7rsA

94 replies (most recent on top)

Will the offer be extended to additional employees who didn't originally get the offer?

by
| | Reply
Post ID: @fuh+VXR7rsA

Seems to me about new re-org of leadership announcements and focus business units.

by
| | Reply
Post ID: @rri+VXR7rsA

I think OPs post is quite mean with so many still struggling with an vsp decision. However, at least we only have a little over a day to know the truth.

by
| | Reply
Post ID: @huz+VXR7rsA

1 sounds too good to be true, but it would me amazing it is. Would be hard to pass up now.

by
| | Reply
Post ID: @haz+VXR7rsA

Just reorg is all to the spinoff and we are gold. Well Hans will get his gold at least.

by
| | Reply
Post ID: @klq+VXR7rsA

OATH or FIOS in the NE

by
| | Reply
Post ID: @gjp+VXR7rsA

Yes, a lot of information has come true.

But, a major sale would have to be announced to the Market before employees.

I also think (do not know), they are going to have more acceptance then they expected.

by
| | Reply
Post ID: @glq+VXR7rsA

“umm, if you are a public company, you can't announce the sale on an employee webcast...”

They could announce via press release in the morning and then to employees at the Hans call? Not saying I believe the OP but it’s possible. Best of luck to those this would benefit, I just hope they don’t all take it and knock me off the list with my measly 12 years :)

by
| | Reply
Post ID: @xdo+VXR7rsA

I agree. Through all the BS, name calling and complaining, there’s been a lot of info that has come to fruition

by
| | Reply
Post ID: @dfp+VXR7rsA

You really don't know what's BS anymore, I read all of the details of this package right here weeks before the announcement so I can only say that I hope OP is correct. This will make all the difference for a lot of us. And, bring VZ closer to the number they are looking for even though they claim there isn't a number. Right.

by
| | Reply
Post ID: @izh+VXR7rsA

Sniff, sniff, smells like BS to me.

by
| | Reply
Post ID: @ctp+VXR7rsA

umm, if you are a public company, you can't announce the sale on an employee webcast...

by
| | Reply
Post ID: @onw+VXR7rsA

the Reliable source is OP Backside.

by
| | Reply
Post ID: @bst+VXR7rsA

Geez, I hope you’re not just messing with people. I’m not at the max so it doesn’t impact me but I know others for whom this would be significant. If I had to guess, they’re selling off Oath?

by
| | Reply
Post ID: @vex+VXR7rsA

Post a reply

: