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Verizon to eliminate 5,000 employees in nearly $2B cost-cutting move
- howard941 2y agoThis will do wonders for the Frontier's employee morale. I wonder if this means they go back to calling the FTTH product FiOS?
- throwaway98712 2y agoVz employee here - this isn't a layoff, or at least not an involuntary one for folks who are going. The people who are leaving this week got a very generous pay package to go. I know folks who got to retire a year or two early because of the VSP.
- markus_zhang 2y agoAh I so wish I could get one of those.
- hindsightbias 2y agoThe last vestiges of Ma Bell. Time to short.
- linotype 2y agoStill a layoff even if people are paid to go away.
- mrinfinitiesx 2y agoOh, so they're replacing those jobs? Glad the people got good severance.
- leoh 2y agoHow are 5000 employees costing on average $400k