By Jeannine Putrelo

Amy Thomson has stated in this article that: Verizon Communications Inc., coping with subscriber losses at its fixed-line phone business, plans to cut about 13,000 jobs at the division this year after posting fourth-quarter revenue that missed analysts’ estimates.

http://www.businessweek.com/news/2010-01-26/verizon-to-cut-more-than-10-000-jobs-after-sales-miss-estimates.html