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But Verizon, the telecommunications giant, seems to have found a way to hold onto its employees. The average tenure of around 110,000 workers is 12.9 years, well over three times the U.S. average .
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Verizon Communications Inc., commonly known as Verizon (/ v ə ˈ r aɪ z ən /), is an American multinational telecommunications conglomerate. The company is incorporated in Delaware, and headquartered at 1095 Avenue of the Americas in Midtown Manhattan, New York City. Verizon's capital stock is a component of the Dow Jones Industrial Average.
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It was founded by Verizon retiree members of the Association of BellTel Retirees. ProtectSeniors.Org is dedicated to the interests of corporate retirees in the United States . The group represents 14.3 million retirees from 392 companies, 45 labor union locals, 98 municipal, state and federal retiree groups and 16 associations.
The company was referred to as "New York Telephone, a NYNEX Company" before being called simply "NYNEX" starting on January 1, 1994. On August 15, 1997, NYNEX was acquired by Bell Atlantic, who kept the Bell Atlantic name. On June 30, 2000, Bell Atlantic acquired GTE to form the current Verizon Communications, with the corporate headquarters ...