Thread regarding Verizon Communications Inc. layoffs

Why did VZ offer buyouts to try to force their senior managment out the door

Now they are hiring kids off the street with no clue of how the telephone infastructure work...weird its not like they are paying them less either

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Post ID: @ZSqWar2

11 replies (most recent on top)

"You offer a lucrative buyout."

Actually, I wasn't. Verizon dumped most of former XO's, so-called, "valuable" employees before the buyout was put into effect. Two-thirds of former XO employees, one month before they would have qualified the buyout.

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Post ID: @ZSqWar2-1soi

"This happens at all corporations when the growth stops"

And WHY did the growth stop? Isn't continued growth why Verizon hires high-paid executives?

Anybody can layoff employees. That's not leadership, that's failure.

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Post ID: @ZSqWar2-1oqj

Whatever. The VSP is a pretty sweet going away present to get out of this dump. OP is a tard.

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Post ID: @ZSqWar2-1smx

You offer a lucrative buyout.

If you don’t reach your objective,

you sweeten the pie.

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Post ID: @ZSqWar2-1ufz

The answer is money. Senior management employees make a lot more than new hires. I wish they would just sell out some businesses they don’t want, instead of selling your soul for 2 cents to some Indian company.

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Post ID: @ZSqWar2-egm

Would a RIF with no golden parachute have been preferable?

Geesh, some people are never satisfied.

Some have sat on their butt watching people actually work for years on end, from the comfort of an air-conditioned, dry, comfortable, cocoon-like, sheltered environment, shielded from the real world.

When even that proved too much, they were then offered the proverbial “golden ticket”.

Yet, they still return here to complain.

Now that’s gall.

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Post ID: @ZSqWar2-wnq

Glad i did not leave

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Post ID: @ZSqWar2-rxq

This happens at all corporations when the growth stops

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Post ID: @ZSqWar2-sri

Yeah they were forced on a false either take the buy out or take your chances to get riffed.now they are being replaced with youngblood..its games corporate america plays..games of chance and lies...typical verizon..

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Post ID: @ZSqWar2-heq

Vz plays mind games with their employees

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Post ID: @ZSqWar2-jqq

A - no one is “forced” out if a program is voluntary.

B - if you have any experience with the military, you would know that young people, or “kids”, as you deride them, are more moldable.

C - they accept lower salaries.

D - some of the people, many that I am aware of, that took the SPV had troubling social traits, questionable characteristics, and were a potential liability.

Should I go on?

The kids are alright!

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Post ID: @ZSqWar2-xow

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