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178 Verizon To Cut About 15,000 Jobs

Slashdot
msmash @ Slashdot · today 11:51 EDT

Verizon To Cut About 15,000 Jobs

Verizon is planning to cut roughly 15,000 jobs, looking to reduce costs as it contends with increased competition for wireless service and home internet, according to WSJ, which cites people familiar with the matter. From the report: The cuts, the largest ever for the carrier, are set to take place in the next week, the people said. The majority of the reduction is expected to be made through layoffs. Verizon also plans to transition about 200 stores into franchised operations, which will shift employees of

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