job cuts


Verizon-Alltel Fallout: One State Lost 600 Jobs

Verizon Wireless has cut 600 jobs in Arkansas since it acquired Alltel for more than $28 billion in January 2009. While that sounds like bad news, NWA Online reports that number is 700 fewer than what the company originally thought it would cut from Alltel’s former Little Rock headquarters. When it first took over Alltel […]

Union: IBM Cuts 1,200 Workers

IBM on Monday cut more than 1,200 jobs in North America, according to a labor union that’s attempting to represent Big Blue employees. “It’s clear IBM is moving work offshore at a record rate,” Lee Conrad, national field coordinator ofAlliance@IBM, told the News & Observer in North Carolina’s Research Triangle. IBM employees have never been […]

Like Having a Job at Verizon? Too Bad

Verizon Communications Inc. (VZ), unhappy with its $653 million net loss in the fourth quarter of 2009, will cut about 13,000 jobs this year. The company, which is the largest wireless provider in the United States and the second-largest wireline carrier, plans to lay off workers in its fixed-line unit, it said on Tuesday. In 2009, […]

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