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Verizon to lay off 1,700 workers after paying CEO $22 million

by Bill - 2013-04-11


Yes, large corporations really are that stupid/short-sighted/corrupt.

via Verizon To Lay Off 1,700 Workers After Paying CEO $22 Million Last Year

America's largest wireless service provider plans to cut 1,700 jobs by offering its technicians and call center employees buyouts. Verizon Communications announced last week that it would reduce its nationwide workforce by 1 percent, and if enough workers don't accept the buyouts, it will resort to involuntary layoffs.


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