Vz 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.
Ah I so wish I could get one of those.
The last vestiges of Ma Bell.
Time to short.
Still a layoff even if people are paid to go away.
Oh, so they're replacing those jobs? Glad the people got good severance.
How are 5000 employees costing on average $400k
This will do wonders for the Frontier's employee morale. I wonder if this means they go back to calling the FTTH product FiOS?