Verizon Communications Inc. (VZ)’s CEO Tells Employees Last Month’s Layoffs Were Inevitable

Verizon Communications Inc. (NYSE:VZ) is among the Top 15 Lowest P/E Ratios of the S&P 500 in 2025. On December 5, Barron’s reported that it had seen a video of the company’s live employee webcast on Friday, the first since last month’s mass layoffs. Verizon Communications Inc. (VZ)'s CEO Tells Employees Last Month's Layoffs Were Inevitable Photo by Austin Distel on Unsplash According to the report, Verizon’s CEO, Daniel Schulman, was blunt in explaining the downsizing. The company has lost between 5% a ...