Breaking will be offline for scheduled maintenance Saturday May 8 3 AM US EST to 12 PM EST. We apologize for the inconvenience.


Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BOSTON-Verizon Communications Inc. will cut more than the 10,000 jobs it had initially intended to cut when it announced a massive job-cutting plan this past February. While the company was not specific on the exact numbers, a spokesperson tells that relatively few of the cuts will be from this state.

The local phone company that covers the Northeast, which was once known as Bell Atlantic Corp., needs to recoup some savings from its purchase of GTE Corp. Verizon employs a total of 260,000 people with 19,000 employees in Massachusetts.

According to Bob Noble, company spokesperson, none of the company’s facilities will be affected by the cutbacks. The company has switching offices in 100′s of communities across the state with over a dozen in the city alone. The company also owns a building at 185 Franklin St. here and leases space at 125 High Street, which is also downtown. A number of weeks ago, sources told that Verizon was planning on subletting space on High Street, but Noble denies those rumors.

“We would move people from other facilities before we got into serious subletting,” he tells Noble adds that the switching offices are the heart and soul of the telephone operations and that those facilities have to stay up and running.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE Spring 2021Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information

GlobeSt. NET LEASE Awards 2021Event

These awards honor the industry's most influential and knowledgeable real estate executives from the net lease sector.

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.