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Edgar Cervantes / Android Authority
TL;DR
- Verizon has confirmed it will cut over 13,000 jobs and convert 179 corporate-owned stores into franchise locations.
- The company says the restructuring is meant to reset and realign priorities, backed by a $20 million transition fund for affected employees.
- These cuts follow roughly 20,000 prior job losses over three years and represent one of the largest single reductions in Verizon’s history.
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