Verizon is selling 274 retail locations as part of a restructuring effort. This move will also result in the layoff of approximately 500 corporate employees. These actions are expected to impact around 3,000 retail and corporate staff in total. Following the sale, Verizon will retain ownership of 1,000 stores. This follows previous job cuts announced by the company.
https://finance.yahoo.com/markets/stocks/articles/verizon-shed-274-stores-lay-160739807.html