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The American company Verizon announced that a total of 10,400 employees would leave the company "voluntarily" by June 2019. The company will be restructured and will focus on services related to the standard of 5G connection
According to Verizon's release, the operator has reached an agreement with the employees, who will receive compensation up to 60 weeks salary, plus bonuses, depending on the position held and time worked
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Although the change seems brutal, Verizon said the transition was planned. With the restructuring, the operator plans to save up to $ 10 billion over the next four years. According to Phone Arena, Verizon proposed the removal of 44,000 employees. In all, the company has 152,300 employees.
"These changes are well planned and anticipated and will suit our customers perfectly," said Hans Vestberg, CEO of the company. "It's a good time, given our financial and operational strength, to start serving customers better with more agility, speed and flexibility."
5G is one of the key trends of technology for years to come, and Verizon has made huge investments in the industry.The company was the first to launch a commercial network with the new standard in the United States and has already announced a partnership with Samsung for the launch of a smartphone equipped with technology in the first half of 2019.
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