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by dfxm12 2746 days ago
The company is laying off 10,400 employees. According to the article: The company said it had 152,300 employees at the end of the third-quarter ending Sept. 30.

That's a significant chunk of their workforce! I suspect Verizon will quietly be hiring thousands of people from places where they can legally pay them less than these 10+ thousand.

3 comments

That's pretty much the modus operandi of every telco around the World.

The working conditions in call-centers or guys doing installation & maintenance tend to be absolutely horrendous across the board.

Contractors. With crappy benefits and less oversight. As long as terrible employment practices are "out of sight and mind" then it's OK for Verizon's board and management. Bonuses all around for getting the job done for cheaper!!
Yeah you are probably right, these 10,000 can probably be outsourced.