A number of Alltel Communications L.L.C employees may soon lose their jobs.
According to an Associated Press report, when Verizon Wireless’ purchase of Alltel finalizes, the carrier plans to keep a regional headquarters in Alltel’s base city of Little Rock. However, the existing Alltel headquarters in Little Rock has 3,000 employees. Verizon Wireless will cut that number down to 100, likely getting rid of top executive positions and midlevel positions.
Unemployment scares aren’t in the too-near future though. According to the report, Verizon Wireless President and CEO Lowell McAdam said he hopes for the merger to close by the year’s end, and that staffing decisions wouldn’t be finalized until after that date.
For those getting the axe, McAdams said there may be additional positions available due to Verizon Wireless’ recent spectrum purchases and related buildout plans.
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