Quartz·1 min read·easy
Verizon is selling 274 stores and slashing about 3,000 jobs in its latest round of cuts
✦AI Summary
Verizon is selling 274 of its stores and cutting approximately 3,000 jobs as part of a divestiture plan. After these cuts, the company will maintain around 1,000 corporate-owned stores, with the changes taking effect on August 16.
The company will retain roughly 1,000 corporate-owned stores after the divestiture, which takes effect Aug. 16
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