Article: Job loss feared at Verizon

BLOOMINGTON - A union representing Verizon workers in Central Illinois says it's concerned about job security as the telecom giant plans to divest much of its landline business.

Verizon, with more than 230,000 employees, said in July that it wanted to shed 8,000 workers in its wireline unit by 2010. That comes after the company already reduced headcount by more than 8,000 since mid-2008.

Verizon instead will focus on wireless and broadband, its fastest- growing businesses. Verizon announced in May that it plans to sell 4.8 million access lines in 14 states - including Illinois - to smaller Frontier Communications. Verizon says about 11,000 landline employees would move to Frontier if the ...

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