Verizon cuts 500 jobs

Verizon to sell nearly 300 stores, cut 500 jobs in restructuring

Verizon will sell nearly 300 retail stores and cut some 500 corporate jobs as part of a restructuring plan, but the closures will mean thousands more retail employees could be out of a job.

Verizon to sell 274 stores, lay off another 500 employees

Verizon announces plans to sell 274 retail locations and cut 500 corporate jobs as part of its restructuring efforts.