Verizon to Lay Off 1,000 Employees
Verizon Communications is laying off more than 1,000 employees in the DC area, according to the Washington Post.
The layoffs could affect the local economy, but also might affect the service Verizon customers in Virginia receive.
"The largest union for Verizon Communications workers said the company is laying off more than 1,000 employees in the District, Maryland and Virginia.
Verizon spokesman Alberto Canal said the layoffs are part of the already-announced plan to cut 8,000 jobs before the end of the year. Canal confirmed that there have been layoffs this week but could not confirm the number given by the union.
The Communications Workers of America criticized the company for the cuts, pointing to its profit. Canal said the layoffs are a last resort after buyouts."
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