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Verizon Strike Signals Shift in Telecom Business

Unions say Verizon Wireless paid out $10 billion to Verizon and Vodafone in January. Verizon’s top five executives received $258 million in compensation over the past four years, unions say. Verizon added 2.2 million mobile customers during the second quarter, up 10.2 percent from a year earlier. Verizon says it has trained “tens of thousands” of management employees, retirees and other workers to fill in. Analyst: “I’m surprised it took this long for these struggles to show up””]

Source: https://www.csoonline.com/article/2129209/verizon-strike-signals-shift-in-telecom-business.html

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