Verizon To Lay Off 1,700 Workers After Paying CEO $22 Million Last Year

Verizon To Lay Off 1,700 Workers After Paying CEO $22 Million Last Year: pAmerica’s largest wireless service provider plans to cut 1,700 jobs by offering its technicians and call center employees buyouts. Verizon Communications announced last week that it would reduce its nationwide workforce by 1 percent, and if enough workers don’t accept the buyouts, it will resort to involuntary layoffs. Verizon paid chief executive Lowell C. McAdam [...]/p