Gotta wonder how much $$$ VZ is paying Tom Brady to be our new spokesperson while they RIF employees.

Be aware the day VZ announced RIFs that morning my desk computer was turned off to access anything. The next was that dreaded phone call to meet in a conference room.

Have any VSP folks received their new insurance cards yet? I have yet to receive them.

Any updates on how many put in and were granted the EISP offer ?

Once the VSP waves are let go this year, expect a full 5 day RTO in 2025. Plus a flatter organization. If you are a leader with 5 or less, you will no longer be a leader! waa-wah See the news at Amazon today, and that's the train heading toward VZ... — read more 

Rumor went the union / company would offer an EIPP every year till end of contract Aug 2026 so hopefully we have one next year because doesn’t the company have to hire hundreds more ?

Did anybody that took the VSP get their unused vacation time paid out on the 9/13 check ?

Does anyone know if our final paycheck will be on the same scheduled payday being 9/27 or will it be earlier or possibly later ? Also will our unused vacation be on that check ? Final question, did I need to submit a timesheet for my unused vacation... — read more 

Any idea if GRE/ERT/Legal/Security or VZC will be affected by any upcoming RIFS?

It costs the company 50% more, drains out top talent, leaves behind chaos. Put another way, if VSP is so good, why not offer it every year?

Vivek is finding his Ba#l#L#s to execute RIFs on useless leaders that should have been done a long time ago. Most of this waist was brought in by Jay Smith. Now time to clean the house. Stay tuned. Value segment is sinking Nancy needs some competent... — read more 

Verizon is a total mess right now. Even if you're not part of the layoffs, you'll still feel the impact through increased workloads or the constant stress hanging in the air. Do yourself a favor and start looking for something new, and then leave as... — read more 

https://fortune.com/2024/09/12/verizon-eliminate-5000-employees-2-billion-cost-cutting/

I noticed this article: https://www.msn.com/en-us/money/companies/verizon-puts-price-tag-on-buyouts-and-says-nearly-5-000-employees-are-leaving/ar-AA1qsRje?ocid=msedgntp&pc=HCTS&cvid=e000c2bed28547529acad0f03256a7ab&ei=11 With 4,800 employees... — read more 

What's the package Vz is giving? Need to add healthcare plan to the package if not offered until reaching age 65 where Medicare kicks in. We should set this as the base for Telecoms like AT&T, T-mobile, Comcast, Nokia, Ericsson, Samsung, Cisco... — read more 

Any idea what else is going to be sold off? Towers have been mentioned earlier this year??? The company added in the filing it plans to cease the use of certain property assets and exit “non-strategic portions” of some businesses. This will result... — read more 

Wow. Santa Hans offered you the VSP and you didn't bite. Now get ready for the heads to roll. You could have left with a big package, but now you will get what they give you. SAD!

Is there a target headcount reduction number they want to meet by doing layoffs on top of VSPs?

https://www.marketwatch.com/story/verizon-puts-price-tag-on-buyouts-and-says-nearly-5-000-employees-are-leaving-d29f4c15#comments_sector Verizon Communications Inc. said Thursday it expects charges of up to $1.9 billion in its third quarter in... — read more 

Any news on additional layoffs in GNT for 2024?

What are you all going to do with the VZ logoed apparel you'll collected over the years?

Congrats and good luck to everyone with a 9/13 VSP date. My closest work friend took it and will be retiring. I know today will be very emotional for him. Others in our building who took it are feeling the emotions too.

Question to all you good folks ? Does VZ have a traditional pension . I know when I was RIF they gave me a nice settlement because I had a major number 72. Which is age plus service years. What are they offering to long term service employees ? ... — read more 

Very disappointing to not get acknowledged by your peeers again. I set you id--ts up for success for a major project Only one person thanked me. ridiculous

It’s rumored that notices will be going out on the 26th. It will allegedly not stop there, but more will be coming by the end of the year. Can anyone confirm this is for real?

Verizon used to be exciting with new product launches to rally behind. Its not longer the case. There are no new products on the horizon, and all we do is drop our prices, reducing revenu; and look to see where we can save another penny. More work... — read more 

News on Wall street must be positive as VZ stock price has been going up this past month. Must be reduction in labor as the key factor.

How is attrition this bad during such a rough job market? People are leaving, but where in the world are they going? Is there some secret amazing employer I’m missing? Or are folks just so over Verizon that they'd rather be jobless in these uncertain... — read more 

HCL has confirmed they will begin monthly layoffs, with the first off-payroll date of Nov 1, continuing until the acquired employee base reaches a total of just 600 former Verizon employees.

Taken from an earlier post I am wondering whether the Union will give their okay if the Company should decide to allow additional union members to volunteer to leave with the EISP beyond the stated number. I realize that unions are not only an... — read more 

Here we go again with RIFs mostly in Finance. Get those resumes updated and good luck

But those were “a totally different type” of asset, based on a different standard, Verizon Chief Executive Officer Hans Vestberg said in an interview on Bloomberg TV. What different type 3 fiber rich states Florida California and Texas. I still... — read more 

So , we depart on Friday the 13. This basically means that off payroll the 13th. Our next check after we leave will include any remaining vacation time plus 1 week of actual pay worked.

Next Friday ends a 25-year run. There are tons of things to question, but it’s hard to complain when being paid to leave. As things wind down, I’ve been thinking about the VSP…. HR said to do what’s best for your family – but hard to do when no... — read more 

Anyone else feeling that way lately about the CMO org? Seems like all the good people have either left, are leaving, or are planning to leave soon. Poor communication, lacking visibility with Leslie, and backstabbing rewarded with promotion and... — read more 

Anyone else having difficulty accessing the vsp portal to sign documents?

Don’t relocate, don’t lose time coming to some hub. All they want to do is to make you quit or create conditions you can not meet so they can fire you. Think about what is the best thing for yourself and act accordingly. I personally don’t think for... — read more 

The company is moving further and further away from the remote workers it stranded when it closed all the call centers. More work is being shifted offshore every day. Most technical jobs are now in India only. For months you've had to know the... — read more 

Looks like we are doing it again, buying something for more than its worth. Was looking at the Frontier layoff site and there are plenty of rifs there as well. And someone who could tell the future back in April saying Vz was buying Frontier. We are... — read more