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Verizon to cut up to 15K jobs as it seeks to cut costs under new CEO
VerizonVerizon(US:VZ) Fox Business·2025-11-13 18:46

Verizon Communications is planning to cut up to 15,000 jobs this month as new Chief Executive Dan Schulman launches an aggressive cost-cutting drive to make the company leaner.  The cuts, expected to begin as soon as next week, will primarily impact non-unionized positions across all segments of the company, a source familiar with the matter told FOX Business. Rich Young, a spokesperson for Verizon, said nothing has been finalized and that the company does not comment on rumors or speculation.  VERIZON NAME ...