The package is not that attractive to many of us in our 50's. We are not that close to retirement age but too old to find a job with a good salary. Many in my office share my view. While staying will also mean risks, most people I talk to see it as a... — read more
Ride it out or Run??? Serious Question
52 with 22 yrs...Got the sev offer too...Whaddya think? I have no idea what they're up to here. Network job. Kept up outside schooling and training. Recent degree and college certs in field. Love the job and coworkers but conflicted...Arggghhhh
layoff packages
What happens if the majority does not take the package
Changing Things Up?
I am interested to know if people who have chosen to leave, but have decided to go for a 2nd career, are interested in remaining in their field of expertise, or are going to look to taking things in a whole new direction? Good luck to all.
Wishing You the Best
Congratulations to all of you opting to leave after your great careers and years of dedication. Circumstances dictate that I'll be here a while more and I envy (in a good way) those with the latitude to now leave and wish you all well. Anyone want to... — read more
Word of Advice From Someone Closely Related to Recruiting
Nothing screams “Poser” to a potential recruiter as loudly as some deceitful individual who places Cornell or Harvard or ... up front, at the top of their profile, their LinkedIn Profile, as if they potentially conspired to give an illusion, to... — read more
Frozen Pension & Health Care & Verizon Wonders Why Older Workers Are Still Around.
One thing I find ironic here is that Verizon froze both the pension and retiree health care benefits for workers that would’ve allowed them to retire earlier. Now Verizon is wondering why they have so many older workers and are trying to force them... — read more
Something for the rebadgers to think about
"option of taking the exit package or moving to Infosys with a guarantee of comparable pay and benefits for two years" This is the exact offer another Indian company gave to a USA company (my ex-company) a few years back. And want to know how that... — read more
VZW Engineers.
To all my co workers, ITS TIME TO GO!.
Are VZ pensions protected by the PBGC?
I will ask HR on Monday but I thought someone may know in the meantime.
VZ and old custer
The crickets and the rust-beetles scuttled among the nettles of the sage thicket. "Vámonos, amigos," he whispered, and threw the busted leather flintcraw over the loose weave of the saddle****. And they rode on in the friscalating dusklight.
Infosys IT Employees
Opinion: All the transferred employees will be fired by end of year. Infosys works on race to bottom concept. Infosys and all other Indian companies says they are hiring local people in US or other countries, by local they means Indian who are... — read more
Verizon Changes Exit Package for Workers It Planned to Outsource
https://www.wsj.com/articles/verizon-changes-exit-package-for-workers-it-planned-to-outsource-1539295703 if the site blocks you use Outline.com to extract content (you'll need the link)
Some Verizon IT departments that are cutting employees are hiring contractors
Verizon does an employee dump of dedicated, loyal United States Verizon management employees working 47 - 70 hour work weeks do to constant downsizing. Verizon employees in a no win situation. Some Verizon IT departments that are cutting employees... — read more
More Change is Coming
http://www2.philly.com/philly/business/verizons-new-ceo-is-said-to-weigh-top-level-shake-up-in-5g-push-20181009.html
Button pushing report?
Does anyone believe that they aren’t getting a daily or weekly report? They always say they don’t but the whole we won’t know till the 17th and then we’ll work with leaders story just oozes bs.
Just Like The Stock Market Today. 5G Is Verizons Dead Cat Bounce...
https://www.zdnet.com/article/mwca-fixed-non-standard-5g-a-waste-of-time-says-at-t-cto/
Any info for Northeast Wireless?
Any changes coming? High, high quotas and targets, slow traffic, managers always on calls. Market review is this week.
Bare minimum
I can tell you the moment I opted in I am in I'm getting out of here mode. These greedy people are gonna get the bare min from me. Hahahahah I feel for the s---ers who think they won't get cut.
Just Out Of Curiosity...
First item of the Verizon Credo: "We have work because our customers value our high-quality communications services." So, when they lay us off and we don't have work? The opposite?
100,000+ Employees to be Laid of by Sears
Welcome to the brave new world and happy 2019. It can be worse than what we have here at VZ. No severance. Think about it, 100K+
Hey Rebadgers! Check your emails!
our voices have been heard! I'm outta here! Good luck all.
Package
1st goes the management , next up : craft ! Probably a package next year to get rid of some old dead weight
Pension question
If you stay and Vz wireline gets sold off to another company (or) we get re-badged to some other company .. could we lose our Verizon pension? Do we have to take this offer to preserve that?
1F Team
Does anyone think anyone from 1F will be released if they volunteer? The whole strategy of 5G depends on this organization.
If you select to take the package
Do you think they will allow everyone to leave or do you think they will just cherry pick the ones that they want gone. I can’t imagine being here after choosing to go and then being turned down
Dumb on so many levels.
Verizon is creating morale issues at a point in time when technology is about to explode and become more competitive then ever. They are sabatoging their own talent pool. The message Verizon is sending is loud and clear. No real direction. No clear... — read more
Best advice... take the package!
I've seen the 2019 budget. It cuts salary expense by 33%. So, if only 10% take the package, guess what happens to the other 23%? RIF, baby, RIF! And, the 2019 severance will be half the package offer in 2018. Heed my advice... take the package. No... — read more
well, DOW down over 500 and Verizon is only down VZ 54.68 USD −0.31
i guess the market could care less about whats going on internally! When other Companys announce this kind of news, they tank the stock but this one seems odd. We loose more when we announce good numbers..
Verizon may disappear and no value to stocks
With all the bad progress going on from last month, company may not exist by middle of next year. Since the employees did not know ahead of time about losing their hard worked severance, please take time to visit your stocks and may be pension and... — read more
VDSI may shutdown completely by 2018 or Q1 19
as 80% of the work force already moved to Infosys... things are on the way to completely close Verizon India arm (VDSI) by December end or early 1st Qtr 2019 as per internal sources nd leadership talk... so wake up and plan future accordingly... last... — read more
Rebadging to Infosys
Based off the emails going around and the dissent at the in person meetings I cannot see this working out at all for every involved party. There are zero benefits in it for any worker being rebadged, and it's weird that they haven't even attempted to... — read more
Verizon Makes Non-News in 5G
There's mobile 5G... and then there's fixed wireless. One feature of our industry that has given me countless hours of enjoyment over the years has been the way companies can turn important technology developments into meaningless marketing slop. On... — read more
Snap Is Tanking...
Verizon better "snap" them up, for their Oath division. https://www.cnbc.com/2018/10/09/snap-hits-new-all-time-low-after-analyst-sees-cash-raise.html
New Markets? 6 to 3?
Hearing a lot of talk about moving from 6 markets to 3 (East, Central and West). Apparently Directors have been briefed and we are expected to get the news before October is completed to give employees who work in the closed markets time to consider... — read more
Hans is NOT PLAYING
Hans and his homies will be personally interviewing the top 300 executives in company.. Not all will make the cut.. and yes by 2019!... — read more
New article
https://www.sdxcentral.com/articles/news/how-verizons-700m-outsourcing-deal-may-impact-its-competitiveness/2018/10/ Loving the last line “It’s is quite remarkable that Verizon, which prides itself on its network, is outsourcing part of it.”