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business19h ago

Verizon CEO Dan Schulman says the company is cutting 13,000 jobs

https://www.cbsnews.com/news/verizon-layoffs-13000-job-cuts-ceo-dan-schulman/https://mrf.lu/xpWkhttps://www.businessinsider.com/verizon-layoffs-13000-workers-job-cuts-dan-schulman-ceo-message-2025-11
Cbsnews.com and 8 more
Verizon CEO Dan Schulman says the company is cutting 13,000 jobs Open in Cbsnews.com
Highlights
  • Verizon plans to cut up to 13,000 jobs this month as new CEO Dan Schulman launches an aggressive cost-cutting drive to make the company leaner.
  • Schulman frames the cuts as necessary to reduce the cost structure and fund a shift toward stronger customer value and growth in wireless and broadband.
  • The layoffs began to take effect as Verizon accelerates cost reductions amid heightened wireless and home internet competition.

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References

Read Verizon CEO Dan Schulman's memo about Verizon's layoffs and the company's push to be 'faster and more focused'

https://mrf.lu/xpWkMrf.lu
Read Verizon CEO Dan Schulman's memo about Verizon's layoffs and the company's push to be 'faster and more focused'

Read Verizon CEO Dan Schulman's memo about Verizon's layoffs and the company's push to be 'faster and more focused'

https://www.businessinsider.com/verizon-layoffs-13000-workers-job-cuts-dan-schulman-ceo-message-2025-11Businessinsider.com
Read Verizon CEO Dan Schulman's memo about Verizon's layoffs and the company's push to be 'faster and more focused'

Verizon to cut over 13K jobs as it seeks to cut costs under new CEO

https://www.foxbusiness.com/lifestyle/verizon-cut-over-13k-jobs-seeks-cut-costs-under-new-ceoFoxbusiness.com
Verizon to cut over 13K jobs as it seeks to cut costs under new CEO

Verizon cutting more than 13,000 jobs in move to ‘reorient’ entire company

https://www.syracuse.com/business/2025/11/verizon-cutting-more-than-13000-jobs-in-move-to-reorient-entire-company.htmlSyracuse.com
Verizon cutting more than 13,000 jobs in move to ‘reorient’ entire company

Verizon is cutting more than 13,000 jobs as it works to ‘reorient’ entire company - WTOP News

https://wtop.com/national/2025/11/verizon-is-cutting-more-than-13000-jobs-as-it-works-to-reorient-entire-company/Wtop.com
Verizon is cutting more than 13,000 jobs as it works to ‘reorient’ entire company - WTOP News

Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently

https://finance.yahoo.com/news/layoffs-piling-raising-worker-anxiety-170721877.htmlFinance.yahoo.com

Verizon is cutting more than 13,000 jobs as it works to 'reorient' entire company

https://apnews.com/article/verizon-layoffs-economy-jobs-1aa299fc28b8e7211188f9b084d1048cApnews.com
Verizon is cutting more than 13,000 jobs as it works to 'reorient' entire company

Verizon to Cut 13,000 Jobs, Set Up $20 Million “Reskilling” Fund for Laid Off Staff In “Age of AI”

https://www.hollywoodreporter.com/business/business-news/verizon-cuts-thousands-jobs-ai-1236432143/Hollywoodreporter.com
Verizon to Cut 13,000 Jobs, Set Up $20 Million “Reskilling” Fund for Laid Off Staff In “Age of AI”

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