Verizon Weighs Up to 20,000 Layoffs as New CEO Takes Charge

Nov 14, 2025 - 12:00
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Verizon Weighs Up to 20,000 Layoffs as New CEO Takes Charge
Verizon Communications Inc. is discussing plans to announce job cuts next week that could downsize the company by as much as 20%, according to people familiar with the wireless carrier’s plans, a major step in a transformation led by new Chief Executive Officer Dan Schulman.

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