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Verizon to shed 10,400 jobs by mid-2019

December 26th, 2018 | Leave a comment.

Verizon Communications said that about 10,400 employees will be leaving the wireless carrier by the middle of next year as part of the company’s voluntary separation program. As part of the separation program, the employees will get a salary of up to 60 weeks, bonus and benefits, depending on the length of their service, Verizon […]

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Ford To Announce 25,000 Job Cuts

December 5th, 2018 | Leave a comment.

On a day when US and European auto stocks rallied following President Trump’s tweet that China might soon agree to reverse its tariffs on US-made cars, Morgan Stanley has published a report that further justifies the short-term bull case for autos while possibly infuriating President Trump. After Ford successfully spun its latest “restructuring” as a jobs-neutral, union-endorsed shifting of […]

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