Verizon starts layoffs in Indian units

Forum for IT Employees claims that over 1,000 employees have been affected but Verizon has not confirmed anything yet


Communications giant Verizon has begun rationalising its staff at its India units in Hyderabad and Chennai, with a body representing IT industry employees claiming that over 1,000 people have been laid off by the company. Verizon confirmed the layoffs in its IT workforce, including in Verizon Data Services India, but the local arm did not disclose the number of people asked to leave their jobs. The firm has a unit in Bengaluru also. “As Verizon consolidates its strategy, we can scale, compete, and continue to be successful. Verizon’s IT, including Verizon Data ...