Verizon to cut 8,000 (more) jobs
Verizon on Monday released news of job cuts, income slippage, and future smartphone plans. A Verizon spokesperson told The Reg that the US's largest wireless service provider is planning to cut 8,000 employees and contractors during the remainder of this year, primarily in its landline division, as it switches its emphasis to …
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on the other hand
The executives are sure to get their bonuses this year!
Re-assignment?
Could they not have re-asigned at least some of those landline jobs to their wireless division??
BT does that in their 'transition centre' - its better for all and cheaper to the biz to move staff around rather than fire the landline peeps and hire new ones for the wireless division!
How the hell does your headcount rise when you're firing 8k peeps?!?!?
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