Despite State Tax Break, Verizon Cutting Jobs
More than 300 jobs will be lost in the consolidation of a wireless voice and data business that received a tax credit recommended by JobsOhio, the state's privatized nonprofit job creation board.
The consolidation of Verizon Wireless offices in Ohio will result in the shutdown of the company's Boardman office and the loss of 370 jobs. JobsOhio recommended the 4.5 million dollar tax credit to keep Verizon in the state. The Governor's office say the tax break saved other Verizon jobs. Verizon says it is trying to consolidate operations and make better use of its real estate.