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“Being engaged early with these students will help (companies) down the line," says Verizon's David Rotbard. "And for the students, it’ll be like they’re starting their careers already on third base.”
A day after announcing that 10,400 management employees have accepted its buyout offer, Verizon said it expects to record a noncash goodwill impairment charge of approximately $4.6 billion.
No customer-facing employees are affected, according to the company.
The Norwalk company’s numbers included the April acquisition of Verizon customers in California, Texas and Florida for $10.54 billion.
Verizon reached a tentative agreement with the Communications Workers of America and the International Brotherhood of Electrical Workers on new, three-year contracts for 43,000 East wireline employees.