Bloomberg: Verizon To Reduce 20 Regional Headquarters To Six
by October 29, 2015 9:00 am 724 views
Bloomberg News is reporting that telecom giant Verizon Communications has informed employees that its wireless operations “will be reorganized and that there will be an unspecified number of job cuts.”
“The company’s 20 regional offices will be reduced to six, Verizon spokesman Jim Gerace said Wednesday. He said some jobs will be eliminated though declined to say how many. Sales and store employees won’t be affected,” Bloomberg reported.
Verizon has a regional headquarters in Little Rock – the outgrowth of the company’s $28 billion acquisition of Alltel Corp. in 2009.
The wireless company added 300 jobs to its Little Rock regional campus in 2014 and completed a $30 million expansion and renovation in 2012.
At one time shortly after the Verizon-Alltel transaction closed, there were plans to have as many as 2,000 workers at the Little Rock operations center, which included a major call center, engineering and IT jobs. Verizon employs 177,900 companywide.
Verizon officials at the company’s Little Rock regional headquarters directed comments to a national corporate spokesman.
“We are constantly working to evolve our operations to best support our customers’ changing needs. At this point, there’s nothing to relay about specific locations or employee teams,” Verizon spokesman Jeff Nelson told Talk Business & Politics.