Verizon said it would cut 13,000 jobs from its landline unit in a conference call today. The company missed sales estimates by less than one percent, which prompted it to axe approximately 11 percent of the land-line division’s workforce.

The company cuts are really to hedge losses in other divisions. Though the landline division was up almost 10% in sales over last year, enterprise and FiOS TV and Internet sales were down in the face of the poor economy. Most analysts predict that things will improve little in 2010. Verizon’s CFO is optimistic about the Apple tablet, though. “It will attract more and more data customers, more and more usage over the network,” he said. “Devices like that will be, long term, very positive for the wireless industry.”

Guess we’ll know more about whether Verizon is a part of Apple’s plan tomorrow.

Source: Bloomberg