After T-Mobile, Verizon may reduce 1,700 jobs

Telecom Lead America: Verizon Communications may to cut its workforce by 1,700 people, or almost 1
percent. Recently, T-Mobile announced its plans to cut 900 jobs.

The job reduction will be through a buyout offer for
technicians and call-center employees.

The planned job cut is part of Verizon’s vision to reduce
costs in its declining traditional telephone business.

Verizon could resort to involuntary layoffs if too few
employees accept the voluntary package.

Verizon has about 192,000 workers in total.

The mobile major has been in talks for months with unions
for labor contracts covering 45,000 employees, or about half its wireline
business workforce.

The company said that it made the offers because of a
workforce surplus in certain parts of its wireline business.

Germany’s T-Mobile to cut 900 US jobs

Germany’s T-Mobile, the fourth-largest wireless
telecommunications company in the United States, will cut 900 jobs as part of a
company-wide restructuring.

These changes resulted in a restructuring of key functions
and departments across the company including the elimination of some positions
and the outsourcing of others. Approximately 900 employees will be leaving
T-Mobile as a result of the restructure.

editor@telecomlead.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

More like this
Related

Zain Wins $747 mn Syria Telecom License, Plans $800 Million 5G and AI Network Investment

Zain Group has secured a 25-year mobile telecommunications license...

TRAI Drive Test: Jio Leads Mobile Network Performance on Jodhpur–Ahmedabad Rail Route, Airtel Delivers Zero Call Drops

Reliance Jio emerged as the top-performing telecom operator in...

New Zealand Mobile Market to Reach $2.2 bn by 2030 as 5G and AI Drive Growth

New Zealand’s mobile market is benefiting from continued investment...

4 Best Systems for Secure Communication in High-Pressure Situations

Communication failures in high-pressure environments can be catastrophic. For...