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Verizon Cuts Some Employees At Its Regional Headquarters

Verizon Wireless (NYSE: VZ) has laid off an undisclosed number of employees in Little Rock, Arkansas, where it had a regional headquarters as part of its $28.1 billion acquisition of Alltel (NYSE: AT). A spokeswoman told ArkansasBusiness.com that the positions were considered redundant and spanned multiple divisions, including marketing, finance, legal and other corporate functions. Verizon declined to say how many employees were let go, but said that affected employees would be eligible for open positions at the company, including call center and other customer-facing positions.

Yesterday, Verizon Communications said it was giving 1,000 employees in Washington, D.C., Maryland and Virginia a chance to leave voluntarily through buyouts. Layoffs could follow, reports AP.

Nov 19, 2009 3:15 PM ET

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Posted In: Companies, Verizon

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