Verizon sheds 1,700 jobs

June 5, 2012

Technology

Verizon Communications Inc., one of the country’s largest wireless carriers, says it will lay off more than 1,700 employees through a buyout plan. The company is struggling with its declining traditional telephone business.

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About Stephen McDill

Stephen McDill joined the Mississippi Business Journal in 2008 after working in radio and television. He is a graduate of Belhaven University and has won awards for his writing and photojournalism from the Associated Press and Mississippi Press Association.

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