Some 10,400 Verizon Employees Take Early Buyouts

Verizon said some 10,400 of its 152,300 employees were accepted in a voluntary program to leave, following realignment of the company for 5G. “This is a moment in time, given our financial and operational strength, to begin to better serve customers with more agility, speed and flexibility,” said CEO Hans Vestberg Monday. Workers get up to 60 weeks of salary, bonus and benefits.