Verizon CEO looks into Alltel regional HQ resulting job losses

Little Rock will get a regional headquarters with about 100 employees when Verizon Wireless completes its purchase of Alltel Corp., and Verizon may expand a call center already in the city, Verizon’s chief executive said Thursday. But the total number of workers would be far from the 3,000 employees that Alltel currently has in Little Rock. Top executive positions are expected to be lost and many midlevel positions could also vanish. In total, Alltel has about 16,000 employees. Verizon President and CEO Lowell McAdam addressed a crowd of about 700 people in a talk in downtown Little Rock and said he hopes the merger closes by the end of the year. He said it would take another year to assess what — and who — stays and goes. McAdam said that he expects there will be opportunity for many Alltel workers elsewhere within New York-based Verizon if there are not jobs for them in Little Rock.

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