Check out this story from dslreports.com :

Earlier this week we discussed how Verizon executives are completely reshaping their company, shifting the focus from DSL and copper phone service, to more profitable wireless and selective fiber deployments. While the plan is obvious from a business perspective, the shift has some serious downsides, including hanging up on huge numbers of rural Americans, who are still on taxpayer-subsidized copper networks. It also involves laying off a significant number of workers -- which conveniently for Verizon can be blamed on a sour economy...

US telecommunications giant Verizon plans more layoffs

US telecommunications giant Verizon plans thousands more layoffs in 2010 even as it records another year of massive profits. The layoffs will primarily hit workers in the wireline side of the business as Verizon moves away from traditional telephone service to concentrate on wireless and fiber-optic technologies.

Read the story and watch the video from WBZ...