Verizon Doesn’t Treat Employees the Best - Anonymous employee Verizon Employee Review

For those who follow Verizon, you know that in an effort to transform the company to be more agile for 5G, they offered a voluntary separation offer to ~44K employees, which would give them 3 weeks of pay for every year of service, etc. Perhaps to their surprise, they ended up getting a much higher volunteer rate than they anticipated. Some VPs have been telling their teams that they won’t hold anyone back who wants to leave. Furthermore, the goal was to get most volunteers off the books by the end of the year, with others being asked to stay through Q1 or Q2 of 2019. Employees who were told by their leadership that they would be approved had an incentive to volunteer and start seeking immediate employment to start in January. With a twist, these VPs were recently told they could not backfill anyone (or only a small percentage) whom they approved to leave. However, if someone were to organically depart (via accepting a new job or retiring), they would then be allowed to backfill those positions. With this, employees who they knew were seeking employment or had landed a job externally (as encouraged by their leadership to do) are now going to be denied the separation package. The reason for denial is to allow them to keep their headcount via backfilling these employees who are set to leave on their own accord. This is a very deceptive practice and selfish on the part of these leaders. I hope Verizon reverses their stance as I hate to see my fellow V-Teamers treated in this manner.