Stock down. https://finance.yahoo.com/m/7ff85320-e654-3f31-ac43-203139147628/former-aol-ceo-tim-armstrong.html
Future severance reductions?
I heard today that future severances will be lower due to the cost of the voluntary buyouts - any truth to this?
No one telling accurate ly. If vsp is coming in April
Looks like people who used to give hints left...no one is giving accurate information.. Can some one tell if something happening in Verizon India in April
Lump sum
Does anyone have a estimate of lump sum amounts for field techs after 25-30 years of service. I understand there are variables to the amount, just wondering what the approximate range is. Thanks
Info for those who were rebadged
For people who were rebadged to Infosys - this might be a useful article. Verizon is not the only company to try and get out of paying benefits/severance like this, and there are some options for dealing with it legally... — read more
ex managers
Most of the managers that took the buy out needed to leave they were hurting the company. In my area suffolk County N.Y. most of the managers didnt have a clue even the ones that have been there for 20+years. Most of them were promoted because they... — read more
40 gig Fios
Anyone else excited about 40 gig Fios? Been saying for the longest time, kill the competition with superior everything.
Commission changes for 2.0
Hearing that upgrades aren’t counting towards multiplier anymore. Only new phones. Restructuring other parts as well.
The current deal with Infosys will make them outsource more?
Maybe it's early to tell but VZ leadership feels satisfied with the last outsourcing deal, at least they seem happy. Correct me if I’m wrong but I think it’s only a matter of time before someone from the leadership comes up with the idea to outsource... — read more
New Junk uniforms
Leaders know we don’t like it, VZ web form shows this, work jam shows it and this page shows the dislike but they don’t care!! How many people have to say we hate it!!
Infosys/Apple lawsuit
Not fully related but abuse of H1/B1 is not against the law. I am sure the congress/industry likes it just like that https://www.mercurynews.com/2019/03/15/h-1b-apple-and-outsourcer-infosys-get-whistleblower-visa-scam-lawsuit-tossed-out/
VZW call centers are to be closed by year end
VZW call centers to be closed by year end.
2.0 Opportunity for Management
Management is just using this 2.0 excuse to promote their fan boys, followers, yes sirs, and worshipers into better position. If you are not visible in the new 2.0 chain, the future is bleak for you. Its a great opportunity for transformation of... — read more
Many folks that want to leave but are waiting for the nex buyout.
At least that’s the general plan of many at my location. I haven't heard anything about a new buyout, and I don’t think it’s gonna happen soon even if it was planned. Why organize two buyouts in such a small time frame. Despite that logic my... — read more
No more retiree phone discount?
It was recently reduced from 50% to 25%, which they've been talking about on the daily VSP calls. This morning, for the first time, the mealy mouth HR reps glossed right over it, quickly saying the discount goes away upon retirement. WTF? Did I get... — read more
How well are ESP folks training INFY people??
I think they picked up my replacement from the streets. I have 15 years of vz experience and Hans promised everyone that we would be replaced one to one with an equally experienced person. Now they are looking at me to train this person infy picked... — read more
March 22nd EXCITEMENT
Where are my 3/22 people??? How excited are you about next Friday?? Thank you to VZ for this gift you have provided lol.. without it, I would have had to leave with NOTHING.. no I'll feelings only happiness!! To those staying good luck and I'm sure... — read more
The irreplaceable workers for VZ Management
The person who goes to the same Church, Temple, or the Mosque with you. The person who is your direct relative/friend of your spouse. The person who runs with orders without any question like the best "go to boy". The person who always laughs at your... — read more
VRS coming in April 1 week
Yes .. hearing VRS coming in April 1 week both India and US
New Jobs for VSP Takers on LinkedIn
Join us in the LinkedIn group "Ex Verizon Opportunity Network": https://www.linkedin.com/groups/12174697/ Check out the opportunities and please post any you think are relevant.
Additional 401K Match and Stock Option Payout
I took the package and left the end of last year. Does anyone know when the additional 401K match will be posted an what the percentage is this year assuming there is an additional match? What about that stock payments? When should we be getting... — read more
Enhanced Package
What does getting an enhanced package entail? Is it just 100% if the company targeted bonus (in this case 100% of 115%), or is it more than just a better bonus? Do you ask for it or is it only for certain levels?
b2b
11:00 call tomorrow for managers with leadership... anyone heard anything? "no delegates"... you know what that means.
Anyone given ESP dates?
Apr 14 was supposed to be one of the dates for Infosys rebadged/refused people to leave. Did anyone get notice? I see that they seem to move with more urgency these days but havent heard of a date yet
Can 5G really bring that much revenue to keep the good numbers?
If you look at the market you will see that most customers are perfectly satisfied with 4G and that they neither deen or want greater speeds and the possibilities that come with 5G. Of course, eventually everyone will convert, but how long will that... — read more
The four tier Union.
Explain the four tier of Union members if you can: Those Union folks hired prior to 2003, with job security and all protections. Those Union folks hired after 2003, with no job security and all other protections. Those Union folks hired after 2011... — read more
Where have all the EISP rumors gone?
Rumors were flying around and now complete silence. What’s going on???
Dispatch outsourcing
Rumor is since they can’t read a map or a trouble ticket or give all tickets in 1 exchange to 1 guy, the job can be done by anyone anywhere.
3/22 and 4/1 - change energizes us :)
For those leaving 3/22 - good luck My prayers for the employees staying. 4/1 - I really hope a Work LIfe balance is achieved in the near future- I just do not see the light at the end of the tunnel.
How does attrition look on your team?
Who else is noticing more people - those who were not offered a buyout - leaving on their own in the last several months? I guess they're smart, taking control of their own destiny. I wish I was that brave - or that I had an alternative - I'd be out... — read more
5G Chicago
Announcing today 5G for Chicago and one other state live on April 11th!!!!
Are call centers as we know them dead?
No doubt that call centers were always the first to be exposed to cut, not to mention outsourcing, but have we really reached the point in which technology provides the possibility of doing customer support without the need for existence of organized... — read more
Voluntary retirement package in VDSI
Is there any talks for voluntary retirement package in VDSI? If yes, what is the criteria?
VZW Network Layoffs / Reorganization
When are we going full turn key? Any ideas when the reorganization and layoffs will hit the vzw network teams? What teams will be impacted the most? How and what are they centralizing? Will we even have markets anymore? Rumor has it that all... — read more
Looks like Verizon's 5G "savior" won't really launch for quite a while.
And by then Hans will be long gone, probably destroying another company. The International Telecommunication Union hasn't even published 5G yet. It "hopes" to publish them in 2020... — read more
Outsourcing, contractors and only the irreplaceable workers as full timers.
That seems to be the Verizon leadership philosophy regarding the structure of the company in the near future. Think we need to get ready for that situation and make a decision whether to go or to stay and deal with that state of affairs.
RSU amount
Anyone know what the stock price was on January 31. I think we get the deposit next week just wondering how much before tax
Higher wage as contractor
I’ve been offered a higher wage to come back as a contractor. It will cover my benefit costs when I have to start paying (after the 60 weeks). That coupled with a 40 hour work week is just fine with me. This sounds way, way, way too good to be true... — read more
Welcome to VZ 2.0.....
https://www.northjersey.com/story/money/2019/03/12/verizon-texting-issues-outage-east-coast-tuesday/3137987002/
Call centers
Is it safe to assume that all call centers are going to be outsourced at some point?