Thread regarding Verizon Communications Inc. layoffs

Is another round of layoffs possible before the 5G rollout?

I would love to be wrong but I’m almost sure that we’ll be seeing something big in 2019. This is a year of consolidation and reorgs. What are the chances to see another round of cuts or even another buyout offer in 2019? Thoughts???

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Post ID: @OP+Xtm9A0D

6 replies (most recent on top)

No more buyouts for management. You had your chance.

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Post ID: @1soc+Xtm9A0D

RVISFP?

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Post ID: @1kls+Xtm9A0D

RIF yes, VSP no.

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Post ID: @1rlv+Xtm9A0D

4th quarter they will ask first for volunteers to be RIFed. You will receive the maximun 35 weeks severance pay and unemployment. If directors don't hit their number with the volunteers then folks will get hurt.

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Post ID: @1czy+Xtm9A0D

It'll be a RIF, no more VSPs. Probably will happen in Nov with off payroll in Dec.

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Post ID: @fcz+Xtm9A0D

Buyout can be expected sometime in April or December

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Post ID: @kyx+Xtm9A0D

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