AllTel Axe Falleth

Well it looks like the merger of VZW and AllTel is nearing its conclusion. Yep with full scale body losses. RIFF. You’re Fired!, Asta la Vista baby. –

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.

Down to a 100! Lets see what they will keep is the regional regulatory manager, the building maintenance crew, the landscape contractor and the security guards. The last three they keep because they are required to by either union, contract or insurance requirements. Oh the regulatory guy? Well somebody has to smooze with the pols. The rest?– gone. Which is a crying shame. AllTel was a well run company.

Linky.