Verizon Communications Inc. Layoffs

Topics regarding layoffs at Verizon Communications Inc.

Mass Exodus in 2020:

I’m anticipating that a chunk of the workforce will leave after the disbursement of those RSU’s... I know I am. The ship has sunk, ladies.

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Post ID: @10DLcKEo

Should we fear of a mass wave of layoffs?

I ask that, in light of the talk that there will be no VSP offered this year, and that we can’t expect to see any sort of a buyout any time soon. If that, in fact, is the case should we fear from a wave off mass involuntary layoffs this year, when... —  read more 

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Post ID: @10D8PWHv

PACKAGE TO BE OFFERED SEPTEMBER CONFIRMED!

A package with incentives will be offered this September to all CWA/IBEW Staff with an off dates staggard until the end of December. Areas and positions that are declared surplus will have a specific number of off-payroll staff permitted to... —  read more 

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Post ID: @10xyoEhn

2019

I left verizon a few months ago and it was the best decision I have made. I loved working there and the people I worked with. I WAS ALL ABOUT moving up in the company, and I was... since 2.0 verizon has lost a lot of great people. Seems like... —  read more 

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Post ID: @10EFnXnv

Brain drain continues

There is a silent exodus going on and nobody seems to care... Best people are leaving on a daily bases, and I'm sure more are about to leave... I'm wondering what Verizon will look like when they succeed in their attempt to rid the company of... —  read more 

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Post ID: @10C1fBbR

Getting RIF'd ? Get Copies of Everything NOW

Once you get riffed you will NOT have access to anything including e-directory. Make copies of paystubs, Performance reviews/objectives (for resumes) VZ employee help phone numbers and W2s NOW....Once you leave these automated systems will ask you... —  read more 

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Post ID: @10xCCEab

GATT RATE

WAS WONDERING when the GATT rate goes up and down who loses and gains the money? if our lump sum goes down does the company keep the lost money?

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Post ID: @10AYAel1

NO PACKAGE THIS YEAR, CONFIRMED

THIS WAS CONFIRMED TODAY by my director. no big deal, they will pay me for another year to do NOTHING. gotta love it.

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Post ID: @10ChTSnb

No more Fios 1 News

https://www.lohud.com/story/news/local/2019/08/18/verizon-shutter-fios-1-news-costing-150-jobs/2029818001/

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Post ID: @10CvHJMA

Layoffs post here

It's the start of layoff season at Verizon. Please post updates here.

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Post ID: @10CaIihV

Severance portal question

Before my last day on 12/28 I setup my login and password for the external access to the severance portal site. Now when I go to the severance portal link it takes me to the standard Verizon SSO login screen which wants my windows login and password... —  read more 

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Post ID: @X7UT907

To all the Pension eligible June 28th VSPer's

Good News I'm told for those that left June 28th from Verizon with the last VSP offer. We're hearing that the November payout calc. using PBGC (100%) rate will be (.5%) (pensions less than 25K) and PBGC (120%) rate will be .6% for those leaving with... —  read more 

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Post ID: @10bHxcyI

No Package For Now

The union just told us last week that as of now there is no package on the table. Not even being discussed.

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Post ID: @10vlLPV4

buyout

Attended seminar last week, talks were about package being offered in Q4. The flyers are up in CO across NY. They may add time to age & service to meet the number 75, also mentioned it wont be worth staying to end of contract with offer they will... —  read more 

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Post ID: @10j9sMtp

Applying at Verizon

I’ve applied for a job at Verizon. Thought it was a good and strong company until I saw what people are posting on this site, and to tell you the truth I;m fairly confused now. I understand that this is a site where people post anonymously and there... —  read more 

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Post ID: @10dob7E9

network tech insight

so been thinking about applying for network technician position in NC, currently working for competitor company(no names) and things aren't looking good regarding layoffs....can anybody provide insight on what the network technician job is like, and... —  read more 

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Post ID: @10sqawTp

Verizon is a disgusting and despicable company

I am not saying they should open up the flood gates with payouts, I am not saying they should not adapt to changing industries, and I am definitely not saying they should make it easy. But to systematically, across all channels, purposely make... —  read more 

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Post ID: @10v152Fj

How's the temp in Basking Ridge HQ today?

I'll bet the AC is cranking and it's nice and comfortable for the people making videos about how Verizon 2.0 is listening to their employees. Meanwhile here in the CO's it's month 2 of 85, 90, 95 degrees inside the CO and as usual the COT and CO... —  read more 

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Post ID: @10iZqZun

How 'bout that puzzle building class?

Anybody here have an opinion on the recent company puzzle building class? To those of you who don't know what I'm referring to ... we were sent to a class where we built puzzles and talked about the new Verizon 2.0. goals and mindset. The class... —  read more 

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Post ID: @10nWeo9t

Top secret plan

This would be funny if it wasn't sad... https://www.theverge.com/2019/7/29/20734594/verizon-5g-plan-mmwave-millimeter-wave-service-tmobile-legere On Friday, T-Mobile CEO John Legere called Verizon “clueless” and “dead in the water without a... —  read more 

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Post ID: @10ic6PfN

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