Verizon laying off sales reps around the country
So, you guys hear about this recession thing? We've now been relayed two distinct stories of layoffs inside Verizon's sales ranks within the last 24 hours, though it's not clear whether the recent Alltel acquisition has anything to do with 'em. First off, we're told that virtually all -- 90 percent or more -- of Circuit City-based reps have lost their jobs. Though the move might seem make sense in light of Circuit City's failure, it's important to note that these folks were not Circuit City employees -- indeed, they were employed directly by Big Red, but only a very small number have been transferred to other positions. Secondly, we're hearing stories of major layoffs in the Gulf Coast region, with Verizon allegedly targeting higher-paid senior reps for the axe.
[Thanks, Mike and verizon rep]
