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Originally Posted by PhillyBoy
Not likely. They are trying to sublet their remaining floors across the street in the Bell Atlantic Tower. Most of the employees have already been relocated to Verizon buildings in the suburbs. The city real estate was too expensive.
They also recently sold their HQ building at 42nd and Sixth Ave in NY and moved most of the employees to the old AT&T HQ in north Jersey. The CEO moved his office to the Verizon building across from the World Trade center at 140 West St.
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They're moving jobs to Center City, but to 9th & Race where they had plenty of free space, since digital switching equipment is orders of magnitude more compact that the old mechanical relay switches the building originally housed.
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Verizon moving 403 jobs from suburbs to city in Phila.
January 22, 2008 12:57 PM ET
Verizon Communications Inc. will shuffle 403 jobs from Philadelphia's suburbs and relocate them into Philadelphia, Mayor Michael Nutter announced Tuesday.
The employees are now working in Ardmore, Conshohocken and Upper Darby, Pa., and are expected to relocate by June into 900 Race St., where Verizon already has offices.
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Cheers,
Jayfar
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“I am indeed well aware of the history of Conventional (sic) Hall, both globally and locally, and can assure you that we are carefully exploring avenues for its future.” -- Penn President Amy Gutmann 5 days before demolition began.
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