Verizon got nailed the 90s for targeting senior employees when they first started laying people off. They were made to bring them back, even if the job was gone and restart the process. All those management players have changed and the new crop thinks it's ok to do the same thing again.
Looks like no one driving the Verizon IT bus. They just spent big bucks moving people from vz owned buildings to high leased offices, then lay them off. They have no bucks for employees, but plenty of money to burn