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Read More »Verizon CEO: Hard decisions needed for landline business
After 45,000 Verizon workers walked off the job this weekend, Chief Executive Lowell McAdam issued a letter today to management justifying the need to extract better contract terms, saying that the company must make “additional hard decisions” to keep the cost of its wireline business in check. The strike represents the first work stoppage for Verizon in 11 years and …
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