The big day is December 10, not today. While people had to make the decision by today, nothing will be known about the results of it for weeks. So you are in for nearly a month of additional worrying, wild guessing and nerve-wracking anticipation... — read more
Today's the day
Today we'll finally find out where we stand. Wish they didn't stretch it out as long as they did, honestly. I'm just worried what's going to happen if the numbers don't align with what they had in mind. In that case, I think absolutely nobody will be... — read more
Hans
has anyone bothered to read up and him and his prior position at Ericsson?
Verizon sets up a first responder 5G technology lab
Verizon announced it is opening a first responder %G Technology lab in cooperation with Responder Corp. This Lab has been set up with the goal to provide better public safety solutions once 5G is fully deployed. Think that this is a necessary move... — read more
60 week cap will be removed tomorrow
My Director advised me that tomorrow morning everyone who accepted the VSP will get an email notification that the 60 week cap will be removed in order to prevent anyone from changing their mind and revoking. Our dreams have come true.
OMG TEAM
I am sick. I will admit it. For several years now I need a heart pill AND a nerve pill B4 I log in. I have to ask---why are you here in anguish? Just like an abusive marriage, they love us today or throw us away tomorrow. What in that is so... — read more
Last day VSP
Difficult decision- u can always pushed it and withdraw by the 17th. Good luck.
Call center up for sale
Found out our call center is for sale. How long will it before we are let go?
Replace in-house with external
It seems to me that the plan is to replace in-house developed products and services with off the shelf products and services. If the product or service can be bought from an external vendor then they will negotiate to buy it at a lower price then... — read more
Don't get into engineering!
Well, unless you're into grunt work Source: https://youtu.be/vnVUE0TDVOE
Walmart rebadging finance an other workers
Much smaller scale but painful for those affected http://www.news-gazette.com/news/2018-11-09/walmart-offload-570-office-workers-outside-firm.html
Delayed Departure?
A late afternoon rumor had 11k hitting the button as of Wednesday evening. The 2nd rumor was Management not ready for this number of departures by EOY so about 25% would have their departure pushed out till 3/31. Anyone hear similar?
Well, 44,000 plus don't get a out of jail card but Hans does. What a world!
http://netpolicynews.com/index.php/89-r/1103-verizon-ceo-hans-vestberg-unlikely-to-go-to-jail-despite-us-b-in-ericsson-fine
Only one more day to opt in
You can buy yourself an extra week if you are still on the fence.
Rf engineering
Any news on rf? Any news on how they are going to change network?
IT/EUS is being outsourced
For those still on the fence about taking the buyout option, Infosys was just the first sell off to happen and won't be the last. There's a reason several of these teams were not listed on the slides presented during the last webcast. HCL... — read more
Trust your gut
#GOLD post from @W1ARpq0-1non This is my opinion, if you think that your job is at risk because your projects have been cancelled or have little importance, your boss is not banging on your door lately, others in the organization are given new... — read more
You are in for a long bumpy road
As a former employee of Verizon and being in the industry for 46 years I think it's easy to say that nothing will be the way it is today. I was laid off from Ameritech in 1993 after 23 years, Alltel bought out 360 and I was gone again, Lucent then... — read more
Hoodwinked
I was laid off in 2014. Year's easier there was a push to get the union in. We were told lies by management, "If the union comes in you will lose your take-home vehicles and the bonuses will go away." Well not that it to late they understand that if... — read more
Who else is excited about next week?
Things are finally going to become much clearer...
Interesting podcast about VSP and reorg
So our VP just posted a podcast on vztube. In it she says that not everyone that opts in will get the package and that most that do get it won't be released until March rather than Dec. She also says that the reorg won't have much of an impact on... — read more
New Consumer Group Video
Everyone is so stiff and seem to be stressed out The Business group video was much better Cliche overflow in both of them
VSP thinkers
They are trimming - it will pop very soon. Reconsider 1/2 your 401k is stock. Benefit like VP and above will. Also, shareholders are cared about more than employees - they will not miss a quarterly number for years... — read more
Union Thug Here
Really exhausting watching all of my managers and supervisor stressing out over all of this. But it’s been a joke working in the union for the past 10 years. How do you think we feel. In all honesty I’ve been robbing this company blind for 10 years... — read more
Why separate public sector ?
Interested in hearing feedback as to why the reorg aligned Public Sector with Connect verses general Enterprise ? Seems like a unique grouping.
Verizon To Be Sold on 11/13/2018 To Google
This explains the layoffs to reduce headcount and it also explains why Verizon switched to Gmail for the work email server which is odd considering Verizon owns Yahoo. Just think about this if Google tried to buy Yahoo alone it would never get... — read more
Announcement of sale on 11/13?
This doesn't make sense. Why would the company announce a potential sale of assets until all the dust settles from the VSP? Anyone else heard anything regarding this?
VSP Payout Date
If you take the VSP does the payout hit this years or next years taxes?
Fios Consumer Marketing Relocation to BR
Fios Consumer Marketing (Jeff Dietel's group) is supposed to move to BR. Does anyone know if that relocation plan is still active?
Needing advice...
Store channel (9 years), on a leave of absence as of current, should I just put my 2 weeks in or should I stay on loa and wait for a rif? How long do you think the stores have? What area (if you work at a retail store)? Thanks (northeast area here)
We won't see the true fallout of reorg until late next year
Let's not kid ourselves. There will be future RIFs as a bi-product of all of the consolidation of business units. That won't happen on 1/1/19. It will take time to figure out who does what and how many of the remaining people they need to do it. This... — read more
VSP- yes or no?
1 day to the deadline and still nor sure. I hvae 60 weeks but under 55 yrs old. Not sure what the future wilk be like at VZ vs outside. Plan on working 3-4 more years. Any thoughts?
Layoffs downplayed in articles
Did you notice that most of the articles talking about Verizon reorganization barely mention layoffs? It's impossible that none of the journalists know we'll be seeing huge cuts as part of it, so why exactly is nobody writing about it? Are layoffs... — read more
Target % is out
Had all hands with VP today. He said most teams were asked for 15-20% cut. If they don’t hit the percentage with VSP, they will fill the rest with layoff
People who don’t know nothing
All I see from these posts are speculations and more speculation. You all know nothing!!
11/7??????
It’s 11/7 and no breaking news. This confirms that as more people are now aware of this site, the accuracy of the information has been watered down just for views and responses.
Verizon EISP 2019
Just starting a thread