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Verizon to take about $2 bln in charges for planned layoffs

Dec 11 (Reuters) - Verizon Communications Inc expects to take charges of $1.8 billion to $2.1 billion in the current quarter for job cuts announced on Monday, the U.S. wireless carrier said.

The company had said that about 10,400 employees will be leaving by the middle of the next year as part of the its voluntary separation program.

(Reporting by Sonam Rai in Bengaluru; Editing by Arun Koyyur)