BusinessVerizon to sell 274 stores, lay off another 500 employees
- Updated 4 hours ago
US wireless carrier Verizon said on Thursday it will sell 274 company-owned retail locations and cut about 500 corporate jobs as part of its restructuring. The moves will affect about 3,000 retail and corporate employees. Verizon will own 1,000 stores after the sale, effective August 16. The company eliminated several hundred jobs in May after […]
