Verizon may lay off 5,000 to 6,000, analyst says

http://www.kansascity.com/news/business/article41984931.html

Verizon may be laying off as many as 6,000 employees as rival Sprint culls its payroll, according to a Wall Street analyst.

Jeffrey Kvaal, with Nomura Securities International, wrote in a note to clients that Verizon employees had been informed of the cutbacks. Kvaal cited a Bloomberg article about Verizon’s plan to reorganize its wireless business and reduce its wireless employee count.

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