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RIF

No suprise that they have given out a lot of 4 ratings to tenured folks as part of the curve.
How does this affect RIF coming up?
Severance policy is not too clear it mentions that if your job is eliminated as part of re org you are entitled to severance , however there is a bullet that explains (perfomamce based firings dont apply) question is what if you have a 3,4 overall rating. Had even a 2 in ome section (i know citi makes 0 sense)

How will this impact the folks who have bwwm forced 4s?


team meeting sounded ominous

Boss repeatedly thanking team for their efforts and that this will be tough year. Almost like good bye thank yous. I think boss knows their name is on the rif list.

Oh also when I went to put pto in system my title was changed to a lower title then what I have (or thought I had lol )

Good times. Don’t stress out nothing you can control. So just keep your head down and punch the clock until they tell you to stop (while also applying externally).


RIF’s/Layoffs starting today

“HAPPY” New Year… or not, we will see. With the holidays wrapping up, it seems inevitable that all of the layoffs and reductions will start ramping up now seeing that all of the decision makers are back at work after the holiday.

Any ideas what depts will be impacted first? All we know if from the info shared on the all employee call is that Freier’s group (consumer) is “up first…”

I wish the best outcome for everyone during this poor-feeling time of uncertainty.


B2B COMP CHANGED

B2B after the RIF has gone to sh-t. They made it so it will now push us out and make goals harder to obtain. We now have to retain our customers along with add new clients with semi new metrics. If you have a customer leave we now are punished for not managing that account an makes our goal so much harder . This is the end of the road. You will see r2b gone soon as well.


Questions for those who've been RIFed before

From Verizon or anywhere else. What happens if you get a job right away, can you work at another place and still get your severance? On the opposite end of the spectrum, if the severance you got runs out before you are able to find another job, are you allowed to apply for unemployment?


Toxic Leaders

Beware of toxic leaders. It is usually a leader who has limited knowledge or understanding or have reached a level of leadership without working specifically in the field. If leadership at Anthem or CarelonRx tell you something in a call, follow up in writing and reiterate what they said. I have been flat out lied to repeatedly about what was promised to me or about tasks that I was assigned to. They attempted to functionally demote me until I documented it and presented to HR. They have continuously added more tasks and more job roles to the scope of my work to fill the gaps left by RIF. All I can say is communication in writing , documenting and advising them when they violate policy or law is crucial. The sad part about it is until you have been directed by a leader or by HR otherwise, you still have to do the task or they will use that as cause to give you poor reviews or let you go. Watch your back at this company. Not every leader is like that but there are plenty of them.


Severance agreement not received by HR?

Long story short, Rif'd 10/30 with last day 11/13. Signed and email severance agreement 11/14 and received response 7 minutes later saying they received the agreement and are reviewing it.

Fast forward today, call the hotline and they said they didnt receive and are opening a case with People Team.

Anyone else go through this ringer?


Verbiage in Job Posts on Intranet

I have only reviewed a few postings so far, but now included is “Please note that per our policy on hybrid/virtual work, candidates not within commuting distance from the posting location(s) will NOT BE CONSIDERED for employment, unless an accommodation is granted AS REQUIRED BY LAW.”

Fully remote are stuck in their positions unless there is a policy change or they are RIF’ed.


WARN for you future hybrid RIFs

I asked HR some detailed questions about how WARN was applied for hybrid employees. They said remote locations didn’t meet the threshold, so they only provided 30 vs 60 days. I didn’t agree with how they explained it, but that was their final position. One thing I’d say is if you’re affected in a future RIF, don’t rush to sign anything. Ask how your work site was defined and how employees were counted, especially if you’re hybrid or remote. The lawyers do this by design. Severance is structured to neutralize WARN leverage. The release explicitly waives WARN and that’s intentional. If you’re hybrid or remote, WARN isn’t just about where you sit it’s about where you’re managed, assigned and counted.


Still blame Hans and want change?

ppl on this board have been consistently blaming Hans for years. Now what? This new CEO will do RIF after RIF. No more VSP, just R-fu--ing-IF. Verizon won't be turned around, for sure.

Now what? Blame the new CEO again?

Next round: 1 week for 1 year. lol


Lots of friends and family are porting to TMO after the massacure

The strategy is not working so well to delight the customers. Don't CEOs realize that word of mouth via your worker bees is crucial to company success. Anyone else have friends jumping ship? I am not even bad mouthing VZ, this is all being done based on their own intentions from all the news about the RIF and knowing I was a casualty.


Ageism 100%

I am 62 with nearly 32 years at Verizon. I was the only person who knew and understood what I did. I planned on another 3 to 5 years of working, but Verizon put me into early retirement. I am not angry with my direct management as they seemed to have been just as surprised I was part of the RIF. I completely believe that HR was given a directive from Dan to first target those 55 and older, then move to others. I only know a few people that are of retirement age who were able to stay. Everyone else in my age group got the boot without direct managements input. I am fortunate enough to have planned for an early retirement so I won’t be looking for a new job, but I feel for my colleagues that must continue working. Hans made horrible decisions and now Dan wants to come in and “fix” the problems.. Dan was/is on the Board of Directors and would have approved what Hans did .. personally I think the entire Board should be fired. Verizon was good to me for many years until Hans became CEO and things started going downhill. Best of luck to all of you and hope you have fulfilled futures


Severance

I called the folks handling the severance payout to ask how the severance would be distributed, one lump sum with last paycheck or seperate checks. They said seperate checks but severance is hitting 30 days after your last check. Has anyone else affected by the rif heard the same?


Will they at least wait until after the holidays to RIF?

Most of probably sense more layoffs coming. Surely they won’t move forward until January though. That would be heartless and the savings would be a rounding error. There are a lot of Sarah haters on here. I’m not one of them, but getting a RIF for Christmas would certainly change my mind


All hat no Cattle!

I've been watching all of Dan's interviews, and attended his online Webex updates. Based on RIF execution and the substance of everything I've seen. My comment for our pretend cowboy/mixed martial arts master/Self proclaimed overachiever and coffee aficionado is: ALL HAT NO CATTLE!


Mohegan Tribal Gaming Authority

Mohegan Tribal Gaming Authority has initiated RIFs. The Uncasville-based casino operator did not specify the number of employees affected. These layoffs are a cost-cutting measure projected to achieve $9 million in annual savings. The move follows continued net losses, despite higher fourth-quarter revenues. These reductions aim to optimize the company's cost structure and align staffing with strategic priorities amid weaker domestic resort segment results.

https://hartfordbusiness.com/article/mohegan-announces-layoffs-ceo-pineault-to-step-down/


Retirement RIF Bonus

I ended up being part of the November RIF at Optum, which actually worked out in my favor thanks to my team lead. I had already told my manager in September that I was planning to retire in October. She let me know about the upcoming layoffs and suggested rating me at the bottom of the team’s performance list—even though I always score highly—to ensure I got the severance package if selected. It was a risk, but it meant I was part of the RIF in November. Big thanks to Optum for essentially providing me with a six-month retirement bonus! Nice to see they are not verifing the information provided to them for RIF selection. Truely an indication of how good upper management is really doing.