Verizon layoffs today: More jobs slashed as wireless giant moves to sell retail stores to franchisees

Verizon Communications, the largest U.S. wireless carrier by subscriber count, is reportedly planning to cut about 3,000 jobs. Most of the job cuts are tied to a significant shift in the company’s retail store operations. Here’s what you need to know about the Verizon layoffs and retail store changes. What’s happened? On Wednesday, the Wall Street Journal reported that Verizon Communications Inc. (NYSE: VZ), is preparing to cut 3,000 workers. The majority of the job cuts are directly tied to a…