Verizon to Post $1.4 Billion Severance Charge After 4,800 Workers Take Buyout

Verizon Communications will book a third-quarter severance charge of up to $1.4 billion after roughly 4,800 employees accepted a buyout offer.

​Verizon Communications will book a third-quarter severance charge of up to $1.4 billion after roughly 4,800 employees accepted a buyout offer. WSJ.com: US Business