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Verizon Says 21,000 Take Buyouts
Verizon (VZ Quote) is getting into fighting trim just as the holiday season arrives.
The nation's leading telco said Monday that 21,000 workers had accepted its buyout offer and will leave the payroll next week. The move comes as Verizon, forced to slash expenses by fierce competition in the telecom business, seeks to reassure testy investors and consolidate its strong gains in the fast-growing wireless area. ...
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