#severance

I still cannot get into the Severance portal. Can someone post what the package is?

Just an FYI, I reached out to Costello Silverman attorneys (see below).
I'll have my consultation on Friday, will update you on how it goes.
My case is a bit different if compared to others but I will be asking general questions too.
Not sure if anything can be done given the severance and 'at will' clause but I will try nonetheless.
Good luck all
https://www.costellosilverman.com/employment-law/

I was informed I was impacted but have not received the email with the links, etc.

Anyone have the link to the severance portal?

Any legal advice on why my severance package doesn't payout the full 2024 STI and only a 30 day notice for Ashburn VA office?

Does anyone know when the severance checks will be sent or direct deposited? I am trying to figure out that if my last day is 12/19 when will the checks or deposit be dated. Will it be dated 12/19/25. Or 4 weeks later so we get paid in January 2026? It’d be better federal tax wise to be paid in 2026, wouldn’t it? I just can’t tell by the wording in the severance documents. I’ll call them tomorrow, but wondered if anyone here had some insight.

For those of us whose official separation date was November 14, when can we expect to see our severance payment?

Pi-s poor severance 2 times years of services smh

Anyone else seeing the same? Maybe I am not looking at this the way I should. Please help.

I took a look at the numbers and saw there is a HUGE disparity on the amount. If they want to be honest in their dealings - pay the higher number

I have logged in to the severance portal and I see that the STI amount is 0? Does anyone get it?

Does anyone understand the weeks of medical benefit line? Does that mean we keep our insurance for that many weeks? Or is that strictly cobra coverage? They don’t explain anything.

If my last day on payroll is 12/19 but my work anniversary is January 1 do I get a prorated amount or is it a hard cut off for years of service?

I was hired in December 2 years ago and in the RIF call I asked my manager if I will get severance based on the last day of work or notice day which will make a difference to get a 1 or 2 years based severance package.
He didn't know and said HR will contact you but no one did so I wonder what to expect as I didn't get any further communication yet after my manager's call

Looks like they are cutting everywhere. Last day is Dec 19th. Package info will be released later today.
Looking forward to great opportunities.

has anyone been able to access the severance portal yet? Every time I try to follow the login instructions, it tells me i entered the wrong username and/or PW and won't let me get any further

Does anyone know what they use to determinate the sev package? Is it 2 weeks a year? Straight 6 month salary?? Etc

This is more of a vent….

So, my layoff date is January 8th, 2025. I’ve only been with the company for 2 and a half years. I see I’m only getting a month’s worth of severance pay - the three weeks plus 40hrs of PTO. That’s bs! How am I supposed to survive? I’ve seen some companies give at least three months worth of a package. And I’ve already been looking for jobs, but I’m getting lots of rejection emails. I have a Masters in Healthcare Administration and I just saw where my degree will no longer be considered a professional degree. This year has already been a train wreck for me personally! I couldn’t even celebrate my graduation because I literally found out I was being laid off a week afterwards. 2026, please be good to us. We need jobs, income, and peace. At least I do.

This is sad for me working for almost 8 years just got laid off

I want to milk this to the maximum. I earned it after 12 years here.

Part of the 9/19 bloodbath and got laid off without notice.

Aren't we supposed to get 60 day notice due to the federal WARN act? WARN violations charge $500 per day of violation. We should be getting an extra $30,000 to our severance.

Sorry if this was already asked and answered, but posts are coming in too fast and I can't keep up. Are people getting any extended medical coverage as part of the severance package?

Got the webex from my boss's boss. I'm out. Last Day 12/20 on payroll. Severance portal opens at 1pm.

Corporate Finance Ops. I'm 53. 9 years with company. 3 years as contractor before that. Band 7.

What’s the severance package like? Enhanced and 3 weeks per year like it’s been in the past? Standard 2 weeks per year? Or is it really just 1 week per year like some rumors have mentioned?

The only thing worth anything in the retirement package is you can carry over your sup life insurance. All else seems expensive as cra*. But they do now have an option to get through ACA.

So sorry. Just had it happen to me. Was read a generic script about how I'm going to receive something 'comprehensive' when I relocated less than two years ago. Can't wait for my 2 weeks of severance!

Employed through 2/20 per NJ Law. Severance portal opens at 1ET. EPP extended 1yr though so...woohoo.

Twas the night before RIF-mas, and all through the store, not a salesman was selling, not one through the door. The severance was printed by HR with care, in hopes that the shareholders soon would be there.
The "V-Team" was nestled all stressed in their beds, while visions of metrics danced in their heads; And supervisors anxious, and I in my cap, had just settled down for a restless, short nap,
When out on the network, there rose such a clatter, I sprang from my laptop to see what was the matter. Away to my Outlook I flew like a flash, to see who was cut to save corporate cash.
The glow of the monitor on the newly fallen snow gave a lustre of panic to objects below. When, what to my wondering eyes should appear, but a mass email sent at the end of the year,
With a little old driver, so lively and grand, I knew in a moment 'twas the boss of the Brand. More rapid than 5G his notices came, And he whistled, and shouted, and called them by name:
"Now, Retail! Now, Network! Now, Admin and Billing! On, Tech Ops! on, Support! The numbers are chilling! To the end of the quarter! To the side of the wall! Now slash away! Slash away! Slash away all!"
As dry leaves that before the wild hurricane fly, When they meet with a budget, they mount to the sky; So up to the C-Suite the profits they flew, With a sleigh full of bonuses, and dividends too.
And then, in a twinkling, I heard on the call the prancing and pawing of the Town Hall. As I drew in my head and was turning around, the reduction in force came down with a bound.
He was dressed all in suits, from his head to his foot, and his reputation was covered with ashes and soot; A bundle of pink slips he had flung on his back, and he looked like a reaper just opening his pack.
His eyes—how they shifted! His dimples, how scary! His outlook was bullish, his logic was airy! He spoke not a word, but went straight to his work, and fired the veterans; then turned with a je-k,
And laying a finger aside of his nose, And hitting "Reply All," up the stock market rose; He sprang to his limo, to his board gave a whistle, And away they all flew like the down of a thistle.
But I heard him exclaim, ere he drove out of sight— "Happy RIF-mas to all, and to all a good night!"

I feel for everyone going through the RIF right now. I was there, high performer for the company, bled for the company, and there I was dismissed.

If they offer it, take the enhanced severance package. This package gives you 50% more but means you can never work at Verizon again. I asked where I could sign instantly when presented with the this option.

I found another job that pays me 25% more than when I worked at VZW, and I was a high performing leader. Honestly, VZW is a sinking ship. If you aren’t RIF’d this go round, start looking for something better. The grass is greener on the other side.

The sun will shine again, and brighter once you are out of the VZW shadow.

I was wondering if commission pay was included in the severance package. Preparing for the worst. Good luck to everyone God bless you.

I’ve worked in the retail side of the business for 8 years. I’ve seen the shift of customer service to overseas, the inflated quotas and the lack of communication between higher ups and store level management. The company has changed its direction 180 degrees and shareholder profits and faith have shifted with it. For a lot of people the job search is what scares them. I personally see severance, unemployment and time with family around the holidays as an unexpected surprise to embrace. Some people are okay with complacency, but sometimes you just need a change.

I've made decision to leave the company regardless of what happens with the layoff. I'll likely survive, but would gladly take the severance.

My question for today is: Does VZ still pay the full STI amount for 2024 if I resign in January 2026?

I’ve been with this toxic cesspool of a company for about 6 years. How much severance will they give me?

1. Download / Save Everything

Paystubs (last 6–12)

Benefits summary (health, dental, vision)

401k + pension info

ESPP / RSU info

Performance reviews

Any key project notes or achievements (non-confidential only)

1. Update Your Professional Stuff

Résumé – add current responsibilities + measurable wins

LinkedIn – match job titles, add recent projects

List of references – 3–5 colleagues who respect your work

List of ex-Verizon contacts who left and landed well

1. Personal Finance Snapshot

Months of cash runway you have right now

Credit available (just knowledge, not use)

Monthly bare-bones expenses

Rough idea of what a severance package could extend (ballpark)

1. Devices / Access

Make sure personal email and personal phone are the recovery contacts on everything.

Ensure two-factor logins for personal accounts do NOT rely solely on your work phone or work laptop.

Save anything personal stored on your work device (photos, notes).

1. Mental & Tactical Prep

Expect tomorrow to be chaotic — stay neutral, say little, sign nothing.

If hit: take the packet home, don’t make decisions in the room.

If not hit: assume more waves and start quietly building an exit plan.

1. Download / Save Everything

Paystubs (last 6–12)

Benefits summary (health, dental, vision)

401k + pension info

ESPP / RSU info

Performance reviews

Any key project notes or achievements (non-confidential only)

1. Update Your Professional Stuff

Résumé – add current responsibilities + measurable wins

LinkedIn – match job titles, add recent projects

List of references – 3–5 colleagues who respect your work

List of ex-Verizon contacts who left and landed well

1. Personal Finance Snapshot

Months of cash runway you have right now

Credit available (just knowledge, not use)

Monthly bare-bones expenses

Rough idea of what a severance package could extend (ballpark)

1. Devices / Access

Make sure personal email and personal phone are the recovery contacts on everything.

Ensure two-factor logins for personal accounts do NOT rely solely on your work phone or work laptop.

Save anything personal stored on your work device (photos, notes).

1. Mental & Tactical Prep

Expect tomorrow to be chaotic — stay neutral, say little, sign nothing.

If hit: take the packet home, don’t make decisions in the room.

If not hit: assume more waves and start quietly building an exit plan.

Dan has brought a typical corporate America culture to Verizon. Long gone are the days of making a good salary, receiving a good bonus, and having a career path. This is the way it is going to go from here on out people... And I speak from experience.

1) Bonuses will be cut
2) Raises and stock benefits will be reduced (stock might be taken away)
3) Layoffs will continue. This is due to two reasons: 1) Dan wants 30% and this first round is only 15%, and 2) Frontier transition means more people on payroll and they can't be touched for x amount of time.
4) Travel will be cut and have to be approved by SVP levels. Any spending will be scrutinized.
5) Offshore jobs will accelerate. AI will take some, but they'll take the quickest path and that's moving jobs to India.

I am speaking from personal experience. I was actually told I had to take an 15% salary REDUCTION to stay with the company. This was over 20 years ago with EDS (Electronic Data Systems) and then when HP took over (sparked massive layoffs then too). Our CEO got a nice golden parachute on his way out.

Verizon has been very generous with their packages and I just don't see Dan carrying that onward. He is a axe man who will stop at nothing to squeeze out a little more profit.

I am glad I left corporate America and now make a comfortable salary in the private sector. I don't make as much money, but I am happy.. best job I have ever had and I make a difference.

I feel really bad for those being let go and for those staying. It's a lose-lose situation for everyone. Best of luck to all of you.

1) Another RIF in March
2) Bonuses being revamped downward
3) Severance package to include one week per year of service
4) Another RIF in August

Here is what I collected so far, had to stop at 50:
Negotiating a better severance pkg?
https://www.thelayoff.com/t/1kaeqr38f
post @OP+1kaeqr38f
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Would somebody who's been here for less than six months get any severance?
https://www.thelayoff.com/t/1kaeh7pbj
post @OP+1kaeh7pbj
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Non-Compete and Severance Clauses
https://www.thelayoff.com/t/1kady1hnr
post @OP+1kady1hnr
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Verizon Layoff Severance Packages in 2025
https://www.thelayoff.com/t/1kacrk8ch
post @OP+1kacrk8ch
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My severance
https://www.thelayoff.com/t/1kachh1qg
post @OP+1kachh1qg
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Kind of want to get the severance.
https://www.thelayoff.com/t/1kaca1eph
post @OP+1kaca1eph
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How do you receive and sign the severance paperwork?
https://www.thelayoff.com/t/1kac9a0t7
post @OP+1kac9a0t7
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How long does it actually take for severance to show up?
https://www.thelayoff.com/t/1kac1qb0f
post @OP+1kac1qb0f
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Severance package or just the door ?
https://www.thelayoff.com/t/1ka72vz4y
post @OP+1ka72vz4y
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Is it possible to get both severance and unemployment?
https://www.thelayoff.com/t/1ka686k4r
post @OP+1ka686k4r
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When is severance payed out?
https://www.thelayoff.com/t/1ka28zyww
post @OP+1ka28zyww
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Which one of you got #severance-rpts taken down
https://www.thelayoff.com/t/1ka278xkb
post @OP+1ka278xkb
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Question Regarding Severance Eligibility and Service Time Calculation
https://www.thelayoff.com/t/1ka20r3qg
post @OP+1ka20r3qg
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Severance package ?
https://www.thelayoff.com/t/1k9zjr205
post @OP+1k9zjr205
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Has anyone declined signing the terms of your severance, to preserve your right to sue, and been offered a bigger severance?
https://www.thelayoff.com/t/1k87enajg
post @OP+1k87enajg
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Severance package if RIF
https://www.thelayoff.com/t/1k7y58yvt
post @OP+1k7y58yvt
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What was your severance?
https://www.thelayoff.com/t/1k0pj225x
post @OP+1k0pj225x
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Stock together for VSPers/Enhanced Severance
https://www.thelayoff.com/t/1jqvd7qde
post @OP+1jqvd7qde
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any one able to access the severance url ? I am getting unauthorized error .
https://www.thelayoff.com/t/1jqg9tpwx
post @OP+1jqg9tpwx
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Severance payment
https://www.thelayoff.com/t/1vsvnKiS
post @OP+1vsvnKiS
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Verizon VSP severance portal link
https://www.thelayoff.com/t/1uJeFEor
post @OP+1uJeFEor
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Severance Received?
https://www.thelayoff.com/t/1uIM7RcO
post @OP+1uIM7RcO
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60 Week Severance
https://www.thelayoff.com/t/1uFkw999
post @OP+1uFkw999
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Unemployment in TX / RIF’d with severance
https://www.thelayoff.com/t/1u8OG9kB
post @OP+1u8OG9kB
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For the VSP’ers, does anyone know if vacation will be paid out with the severance? Or as a last pay check prior to the severance payout?
https://www.thelayoff.com/t/1u186Ck8
post @OP+1u186Ck8
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How much tax will they take out of the severance + bonus pay?
https://www.thelayoff.com/t/1tZy1oie
post @OP+1tZy1oie
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Historical RIF severance question
https://www.thelayoff.com/t/1tV6NucB
post @OP+1tV6NucB
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Severance Question for NJ
https://www.thelayoff.com/t/1sNYEvBW
post @OP+1sNYEvBW
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Any rumors on upcoming layoffs / severance package..
https://www.thelayoff.com/t/1sz5YgRU
post @OP+1sz5YgRU
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Do new hires receive a severance package during layoffs?
https://www.thelayoff.com/t/1qjjYJQJ
post @OP+1qjjYJQJ
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severance pkg
https://www.thelayoff.com/t/1nlyWnwu
post @OP+1nlyWnwu
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No Guarantee for Severance
https://www.thelayoff.com/t/1mSHrGkZ
post @OP+1mSHrGkZ
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Thanks for the summer off and then the severance Verizon
https://www.thelayoff.com/t/1mSYAQ1M
post @OP+1mSYAQ1M
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Severance - last day
https://www.thelayoff.com/t/1lGe942j
post @OP+1lGe942j
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What was the last round of severance like?
https://www.thelayoff.com/t/1kvUvAdQ
post @OP+1kvUvAdQ
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Can They withhold your severance?
https://www.thelayoff.com/t/1kce5s25
post @OP+1kce5s25
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Severance question
https://www.thelayoff.com/t/1jEqjxHN
post @OP+1jEqjxHN
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Enhanced severance
https://www.thelayoff.com/t/1juS7MNO
post @OP+1juS7MNO
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You’re not working towards your retirement at Verizon, you’re working for your severance
https://www.thelayoff.com/t/1jtFNs4e
post @OP+1jtFNs4e
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Severance package?
https://www.thelayoff.com/t/1jqfT7sG
post @OP+1jqfT7sG
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Severance details
https://www.thelayoff.com/t/1jpiC0ah
post @OP+1jpiC0ah
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Which of these will be in the severance package?
https://www.thelayoff.com/t/1jnWT1ln
post @OP+1jnWT1ln
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Severance time
https://www.thelayoff.com/t/1i3Le7nT
post @OP+1i3Le7nT
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Verizon Severance Package
https://www.thelayoff.com/t/1eZWNo9G
post @OP+1eZWNo9G
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A New Year: get those severance packages
https://www.thelayoff.com/t/1eAjGomc
post @OP+1eAjGomc
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What does a management severance pkg nowadays look like? 2 weeks per yr of svc maybe?
https://www.thelayoff.com/t/1aTzlN2H
post @OP+1aTzlN2H
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Is it smart to wait for severance
https://www.thelayoff.com/t/1a5NURKZ
post @OP+1a5NURKZ
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Should I file STD instead of accepting severance?
https://www.thelayoff.com/t/19dbgamu
post @OP+19dbgamu
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Severance Package changes
https://www.thelayoff.com/t/171FyOUj
post @OP+171FyOUj
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How does checking exempt affect my severance package
https://www.thelayoff.com/t/16Xcf1zT
post @OP+16Xcf1zT
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I was doing some research on common severance situations using my AI of choice and it mentioned that some have been able to negotiate a better severance offer even up to the VSP levels? Anybody know is that really a thing? I didn't think we really had any leverage in this whole thing?