Thread regarding Verizon Communications Inc. layoffs

Severance

Have any changes been made to severance? Can anybody who has been laid off share, please? I ask this each time and I know I'm probably being paranoid, but I always worry that they'll use any opportunity to further reduce the package, like they did several times before.


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| 4 views | | 3 replies (last 8 days ago) | Reply
Post ID: @OP+1kxnrg58n

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The severance policy has not changed in over 20 years, except that maximum payout went from 26 to 35 weeks when wireline and wireless merged. You can find it on net benefits where it's actually documented.

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Post ID: @bj+1kxnrg58n

@a7 it probably won't even work then. It didn't back in November.

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Post ID: @ak+1kxnrg58n

@OP Portal will be active for info about severance at 6:00 PM Central Time - Kinda Bogus everyone has to wait until then.

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Post ID: @a7+1kxnrg58n

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