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Verizon cuts 10,000 workers through buyouts as part of restructuring

December 12, 2018
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Verizon cuts 10,000 workers through buyouts as part of restructuringUS telecomm group Verizon announced Monday it would slash its workforce through a voluntary buyout plan as the company strives to better position itself for the coming of new cellular technology. Verizon accepted 10,400 employees for the buyout, which will grant more than a year's salary plus a bonus and other benefits, the company said in a statement. "These changes are well-planned and anticipated and they will be seamless to our customers," Verizon CEO Hans Vestberg said.




from Yahoo News - Latest News & Headlines https://yhoo.it/2SGdZL5
via Yahoo News

12Dec2018

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