Verizon Changes Exit Package for Workers It Planned to Outsource [telecom]

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Carrier will now offer severance or guarantee two years of comparable
pay at Infosys

By Sarah Krouse

Verizon Communications Inc. VZ -1.84% on Thursday changed the exit
package offered to about 1,000 of its U.S. workers who were set to
move to outsourcing giant Infosys Ltd. INFY -2.26%

After telling those information-technology workers in late September
that they weren't eligible for severance, the wireless carrier is now
giving them the option of taking the exit package or moving to Infosys
with a guarantee of comparable pay and benefits for two years.

Bill Horne
(Remove QRM from my email address to write to me directly)

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